Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

TCS Recognized as a Leader in Finance and Accounting Digital Augmentation Suite by Everest Group

Posted On: 2018-09-21 12:24:38

Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading IT services, consulting and business solutions organization, has been positioned as a leader in the Everest Group PEAK Matrix™ for Finance and Accounting (F&A) Digital Augmentation Suite (DAS).1

Cited as a strength is TCS' ecosystem of automation and analytics-driven solutions that spread across the entire F&A value chain. The report also highlights other key strengths including TCS' TRAPEZE™ F&A platform that includes RPA, workflow, and analytics to drive end-to-end process, and enables touch-less processing.

"In a Business 4.0™ world, CFOs are reimagining the finance function, leveraging digital technologies such as artificial intelligence, machine learning, cloud, intelligent automation, and data analytics to improve outcomes, minimize enterprise risks, and ensure regulatory compliance in the F&A processes," said Ashok Pai, Vice President and Global Head, Cognitive Business Operations (CBO), TCS. "This recognition in this assessment is a testament of our vision and strategy, innovation, strong portfolio of digital offerings, and our delivery capabilities."

TCS's CBO unit engages with forward thinking customers across the world with leading-edge, technology-led F&A solutions that reimagine business operations end to end, including the underlying IT systems and supporting infrastructure, and drive superior business outcomes. These solutions leverage AI, machine learning, IoT, cloud, analytics, computer vision, and RPA, while adopting Agile practices across Business Process Services, IT Infrastructure Services, and IT Operations.

Key F&A offerings and services include:

- Machine First Delivery Model (MFDM™) to enable touch-less procure-to-pay, 'perfect order' in the order-to-cash cycle and 'predictive close' in the record-to-report processes.

- ignio™ Insights as a Service to deliver real-time and granular operational intelligence for smarter business decisions.

- Cloud-based Platform, TAP™, (TCS Accounts Payables) for P2P, credit management, and analytics.

TRAPEZE™F&A Suite of Solutions including RPA and workflow and operational analytics to drive efficiency across end-to-end processes and enable effectiveness.

"Enterprises are looking for high-impact and integrated digital suites that can be implemented collectively to drive faster process transformation and in turn achieve significant business outcomes. TCS' Business 4.0™ framework, its Machine First Delivery Model (MFDM™}, investments in its cognitive intelligence platform ignio™, along with its multiple process-specific modular automation and analytics solutions, strengthen its position as a leader in F&A DAS," said Vikas Gujral, Practice Director, Everest Group.

"Our innovative solutions in the Finance and Accounting domain, digital technology expertise, contextual knowledge, and investments in intellectual property, make us the preferred partner to progressive CFOs seeking to accelerate their digital transformation journeys," added Ashok Pai.

1 Everest Finance and Accounting Digital Augmentation Suite (F&A DAS) - Service Provider Landscape with Solutions PEAK Matrix™ Assessment 2018, Everest Group, August 2018

Shares of TATA CONSULTANCY SERVICES LTD. was last trading in BSE at Rs.2076.9 as compared to the previous close of Rs. 2070. The total number of shares traded during the day was 56494 in over 4929 trades.

The stock hit an intraday high of Rs. 2088.1 and intraday low of 2066. The net turnover during the day was Rs. 117538574.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

Manappuram Finance Ltd to acquire 100% in Manappuram Comptech & Consultants Ltd

BEML Ltd board declares interim dividend of Rs. 4.50

Power supply restored at Amit Spinning Industries Ltd's factory

Pierer Industrie and Bajaj in discussions for Bajaj to participate at KTM Industries level

PFC signs agreement to acquire majority stake in REC Limited

Infosys and Roland-Garros Partner for Digital Innovation

DIAL awards the Commercial Development Rights at Aerocity, Delhi to a consortium led by M/s Bharti Realty

Bosch Ltd to form JV with Prettl India Pvt Ltd

Frontline Securities Ltd board to consider buy-back on March 26, 2019

IDFC FIRST Bank Ltd has sold 8.37% stake in ARCIL

Sun TV Network Ltd appoints R Mahesh Kumar as MD

CCL Products India Ltd board to consider interim dividend on March 23, 2019

Greenlam Industries Ltd to increase capacity through brownfield expansion

Smt. Sushmita Dasgupta appointed as Government Director of Indian Oil Corporation Ltd

Promoter group entities of Greaves Cotton Ltd to merge

California Software Company Ltd to consider allotment of OCRPS to Chemoil

Adani Transmission Ltd board approves buy-back of 10,000 NCDs

ABans Enterprises Ltd to acquire Abans Jewels Pvt Ltd

HUDCO updates on medium term note programme

Gopala Polyplast Ltd withdraws QIP

Sayaji Hotels Ltd terminates lease agreement with Barbeque-Nationa

GE T&D India Ltd updates on transformer business

Karnataka Bank opens its 839th Branch at Nadugodu - Kateel

Zensar brings 'Experience Digital Returns' focused solutions to Adobe Summit 2019

Topcoder's Crowdsourced Quality as a Service for On-Demand Testing Enables Faster Speeds, Greater Work Volumes for Customers

Krypton Industries Ltd receives order of Rs. 23.10 crores

CG equipped 'Deutsche Bucht' offshore substation topside sails out

Prima Plastics Ltd's JV declares dividend

Asian Oilfield Services receives LOI from Oilmax for contract of Rs. 210 crores for 10 years

Toyota and Suzuki Agree to Start Consideration toward New Collaboration

HFS Research Ranks HGS in the Top 3 for Voice of the customer in survey of more than 300

REC Ltd approves market borrowing programme for 2019-20

Onida launches smart air conditioners ONYXS and GENIO

Alankit Ltd Board approves interim dividend of Rs. 0.20 for 2018-19

Vodafone Idea Ltd board approves terms of rights issue

SBI Life Insurance Company Ltd fixes Apr 4, 2019 as record date for interim dividend

Newgen Positioned as a Strong Performer in Digital Process Automation for Wide Deployments by Top Independent Research Firm

Colgate Palmolive India Ltd fixes Apr 8, 2019 as record date for second interim dividend

Mahindra & Mahindra Financial Services Ltd allots 5000 NCDs worth Rs. 500 crores

The launch of Wealth Qube - 2020 at Intellect User Meet, Dubai

SHARP India Ltd board meeting to approve appointment of Mr. Naoki Hatayama as MD

Indraprastha Gas Ltd announces cessation of two independent directors

SHARP India Ltd announces resignation of MD

China Telecom Global partners with Tata Communications

HCL and Xerox expand Strategic Partnership to accelerate operational Transformation

Jet Airways India Ltd grounds another 6 aircraft

Vikas WSP Ltd updates on US court litigation

Tata Steel Bsl Ltd allots NCRPS worth Rs. 6500 crore to Tata Steel Ltd

IDBI Bank Ltd approves rupee bond borrowing limit of Rs. 4000 crore

Newgen secures another Patent for its invention - Integrated and Automatic Generation of Carbon Credits

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019