Datamatics recognized in the Gartner® Magic Quadrant™ for Finance & Accounting Business Process Outsourcing Report For the third consecutive year.
4th June 2024, Mumbai: Datamatics, a global leader in Digital Operations, Technologies, and Experiences, is proud to announce its inclusion in the 2024 Gartner Magic Quadrant or Finance and Accounting Business Process Outsourcing report for the Third year in a row. The Magic Quadrant evaluated 18 vendors in the industry. We believe that this recognition solidifies Datamatics' position as a preferred partner for CFOs seeking AI-powered finance transformation.
Gartner evaluation, based on comprehensive criteria assessing Completeness of Vision and Ability to Execute. Gartner recognized Datamatics as a Niche Player in the Magic Quadrant for Finance and Accounting BPO. We think that this is a testament to Datamatics’ commitment to empowering CFOs with AI-powered autonomous finance. Datamatics with its proprietary generative AI and ML-powered digital platform, FINATO; improves P2P, O2C, and R2R workflows by reducing human dependencies. Datamatics has also introduced generative AI in demand forecasting and profitability analysis, and its teams use AI to process over 15 million balance sheet documents for global credit agencies annually.
Navin Gupta, EVP and Global Head, BPM, Datamatics, “We are proud to be recognized by the Gartner Magic Quadrant 2024 for Finance and Accounting BPO report for the third consecutive year. According to us, this reflects our dedication to innovation and excellence.” He added,” At Datamatics, we have upgraded all our Finance and Accounting customers to FINATO, a digitally augmented suite powered by artificial intelligence, machine learning, automation, analytics, and mobility. It helps CFOs and finance leaders in AI-powered finance transformation while reducing processing costs and elevating process maturity with advanced digital technology.”
Mitul Mehta, EVP and Chief Marketing Officer, Datamatics commented, “At Datamatics, we are committed to supporting customers with cutting-edge AI-powered finance transformation. Being recognized in the 2024 Gartner Magic Quadrant for Finance and Accounting Business Process Outsourcing reflects our robust digital finance transformation abilities and our steadfast commitment to customer satisfaction.”
View a complimentary copy of the Magic Quadrant report to learn more about Datamatics’ offerings at: https://www.datamatics.com/resources/analyst-reports/2024-gartner-magic-quadrant-for-finance-accounting-business-process-outsourcing-services
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Gartner Disclaimer: Gartner, Magic Quadrant for Finance and Accounting Business Process Outsourcing, By Jan Ambergen, Geraldine Garaud, Hilary Richards, 21 May 2024.
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About Datamatics:
Datamatics (BSE: 532528 | NSE: DATAMATICS) enables enterprises to go Deep in Digital to boost their productivity, customer experience, and competitive advantage. Datamatics’ portfolio spans across three pillars including Digital Technologies, Digital Operations, and Digital Experiences. It has established products in Intelligent Document Processing, Robotic Process Automation, AI/ML models, Smart Workflows, Business Intelligence, & Automatic Fare Collection. Datamatics caters to a diverse global clientele across Banking, Financial Services, Insurance, Healthcare, Manufacturing, International Organizations, and Media & Publishing. The Company has a presence across four continents with significant delivery centres in the USA, India, and the Philippines. To learn more about Datamatics, visit www.datamatics.com.