Xerox Named as a Leader in 2015 Gartner Magic Quadrant for Finance and Accounting BPO Report

NORWALK, CT, Aug. 31, 2015 /CNW/ - For the sixth consecutive year, industry research firm Gartner, Inc. placed Xerox as a Leader in its annual Magic Quadrant for Finance and Accounting Business Process Outsourcing report¹. 

Gartner's Magic Quadrant offers visual snapshots of a market's direction, maturity and participants and evaluates companies on completeness of vision and ability to execute.

Quadrant leaders "are performing well today, both with a clear vision of market direction and by actively building competencies to sustain their Leaders position in the market. The comprehensive F&A BPO players in this quadrant generally share superior market understanding, and they have a global client base, an extensive network of well-distributed and highly populated global delivery centers catering to multiple languages, a good balance of transactional and high-end F&A BPO delivery, and innovative well-communicated and marketed sales offerings. They have a superior understanding of client needs and of current market conditions, and they are actively building competencies to sustain their leadership position in the F&A BPO market across multiple regions," according to the report.

For nearly 20 years, Xerox has managed core end-to-end process areas of finance, accounting and procurement. With approximately 7,400 finance and accounting employees in 19 F&A BPO centers in 10 countries, Xerox supports more than 200 clients across multiple industries, including manufacturing, retail, banking, healthcare and government.  

"Xerox has a clear understanding of the challenges finance executives face in driving top performance amid their expanding role as corporate strategy advisors," said John Gentry, group president of finance and payment services at Xerox. "From business process expertise to technologies such as robotic process automation, our end-to-end solutions help finance leaders transform how work gets done to improve efficiencies and better guide strategic decisions."

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About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Xerox
Xerox is a global business services, technology and document management company helping organizations transform the way they manage their business processes and information. Headquartered in Norwalk, Conn., we have more than 130,000 Xerox employees and do business in 180 countries. Together, we provide business process services, printing equipment, hardware and software technology for managing information -- from data to documents. Learn more at www.xerox.com.

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¹Gartner "Magic Quadrant for Finance and Accounting BPO" by Cathy Tornbohm, Chris Page, June 18, 2015

SOURCE Xerox Canada

Media Contact: Coco Salazar, Xerox, [phone], [email protected]