WNS (Holdings)
Limited (WNS) (NYSE:WNS), a leading provider of global Business Process
Management (BPM) services has entered into a strategic partnership with
Transparent Group BV (Transparent), a leading provider of recovery and
audit solutions. Transparent’s solutions — focused on Accounts Payable
analysis, data enrichment, active benchmarking, and supplier analysis —
will become a part of the existing portfolio of WNS’s Finance &
Accounting (F&A) services. This partnership strengthens WNS’s higher-end
offerings in the Finance & Accounting Outsourcing (FAO) value chain.
With this partnership, Transparent and WNS set a teaming agreement with
the intention to work together towards pursuing new business
opportunities. The Transparent data mining process will become an
exclusive extra service, and provide added value for the clients of WNS.
“In the last few years, WNS has established its presence as a leader in
the FAO domain. Our reputation in FAO is backed by our industry-focused
F&A delivery, technology-enabled solutions, and our business process
consulting approach to help transform our clients’ business processes.
With Transparent’s pioneering recovery & audit solutions, we are adding
a formal and organized layer of analytics to our F&A suite of offerings
that will provide a competitive advantage in the F&A domain,” said
Keshav R. Murugesh, Group CEO, WNS.
“I am excited to join forces with WNS. WNS is a leading global BPM
player and recognized as a leader in the F&A outsourcing domain.
Together with WNS, we aim to build a comprehensive solution that will
exceed our achievements so far,” said Willem-Jeroen Stevens, CEO,
Transparent.
With this partnership, WNS and Transparent will collaborate to leverage
each other’s expertise and generate new business opportunities in the
F&A space. In future, this partnership will create an outcome-based
service delivery mechanism for clients.
About WNS
WNS (Holdings) Limited (NYSE: WNS) is a leading global business process
management company. WNS
offers business value to 200+ global clients by combining operational
excellence with deep domain expertise in key industry verticals
including Travel, Insurance, Banking and Financial Services,
Manufacturing, Retail and Consumer Packaged Goods, Shipping and
Logistics, Healthcare and Utilities. WNS
delivers an entire spectrum of business process management services such
as finance and accounting, customer care, technology solutions, research
and analytics and industry specific back office and front office
processes. As of June 30, 2014, WNS
had 27,760 professionals across 34 delivery centers worldwide including
China, Costa Rica, India, Philippines, Poland, Romania, South Africa,
Sri Lanka, United Kingdom and the United States. For more information,
visit www.wns.com.
About Transparent
Through the use of proprietary and innovative software tools, Transparent
creates value out of its client’s raw data by discovering and recovering
vendor overpayments, duplicate payments, tax credits, open credits and
Unclaimed property. Transparent
deploys continuously evolving technology, best-in-class service and
international experts to optimize its clients' efficiency, processes and
financial strength.
By continuously empowering its clients to achieve their maximum
potential, Transparent
has established its reputation as one of the fastest growing global data
mining and recovery audit service providers in the industry. Transparent’s
achievements have been recognized by Deloitte twice, in the Technology
Fast500™ EMEA (2013) and Technology Fast50™ (2011).
Today Transparent
has offices in several key European capitals, USA, Mexico, South Africa
and India. Founded in 2000, Transparent has processed over $ 2,2
trillion USD in spend data to date. For more information visit: www.transparent.eu
Safe Harbor Provision
This document includes information which may constitute forward-looking
statements made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995, the accuracy of which are
necessarily subject to risks, uncertainties, and assumptions as to
future events. Factors that could cause actual results to differ
materially from those expressed or implied are discussed in our most
recent Form 20-F and other filings with the Securities and Exchange
Commission. WNS undertakes no obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise.
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