Wipro- F&A Transformation

Wipro- F&A Transformation

Who is This Vendor Assessment For?

NelsonHall's F&A transformation profile on Wipro' is a comprehensive assessment of Wipro’s F&A BPS and transformation offerings and capabilities, designed for:
• Sourcing managers monitoring the capabilities of existing suppliers of F&A BPS and transformation services and identifying vendor suitability for finance & accounting related RFPs
• Vendor marketing, sales, and business managers looking to benchmark themselves against their peers
• Financial analysts and investors specializing in the business services sector.

Key Findings & Highlights

This NelsonHall vendor assessment analyzes Wipro's offerings and capabilities in F&A BPS and transformation.

Wipro has been offering F&A Outsourcing services since 2000, initially starting with smaller accounts and a heavy emphasis on collections.

Since then, the practice has developed immensely so that Wipro now offers a ""full range"" of F&A BPS and finance transformation services across purchase-to-pay, order-to-cash, record-to-report, and financial planning & analysis. Wipro focuses on ""being a strategic business partner to its clients leveraging recent innovative offerings that include Cognitive Automation, Analytics, Cloud and Blockchain"". Examples of contracts won along this journey include:
• A contract with a leading American clothing company in 2014
• A contract with a manufacturer of medical devices, pharmaceuticals, and consumer packaged goods in 2016
• A contract with Falck in Denmark in 2018
• A captive transformation for a PE firm in 2019
• A contract with a manufacturer of diagnostic systems with products focusing on the diabetes market in 2020
• A contract with Germany's largest market research organization in 2020.

Wipro's vision is ""to evolve Digital Finance SSC/GDS for enterprises"" and increasingly focus business insights and compliance & control alongside operational efficiency.

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Scope of the Report

The report provides a comprehensive and objective analysis of Wipro'’s F&A BPS and transformation offerings and capabilities, and market and financial strengths, including:
• Identification of Wipro’s strategy, emphasis, and new developments
• Analysis of Wipro’s strengths, weaknesses, and outlook
• Revenue estimates
• Analysis of the profile of the company’s customer base, including the company’s targeting strategy and examples of current contracts
• Analysis of the company’s offerings and key service components
• Analysis of the company’s delivery organization, including key partnerships and the location of delivery locations.