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Datamatics recognized in the 2022 Gartner® Magic Quadrant™ for Finance and Accounting BPO

Posted On : 2022-07-01 19:48:36( TIMEZONE : IST )

Datamatics recognized in the 2022 Gartner® Magic Quadrant™ for Finance and Accounting BPO

Datamatics, a global Digital Operations, Technologies and Experiences company today announced that Datamatics has been positioned by Gartner as a Niche Player in the Magic Quadrant for Finance and Accounting BPO*. The evaluation was based on specific criteria that analyzed the company's overall Completeness of Vision and Ability to Execute.

Datamatics FAO solution enables finance leaders go deeper in digital finance by streamlining and automating CFO back-office operations. This enables finance leaders to respond with greater agility to changes in the business environment. Datamatics Intelligent Automation (IA) suite of products combines the capabilities of Datamatics TruBot RPA and TruCap+ IDP products along with artificial intelligence (AI), machine learning (ML), and natural language processing (NLP) models, allowing superior financial control through automation, insights, and predictions. Datamatics enables enterprises to manage larger transactional volumes with leaner teams, optimize cash flows while lowering revenue leakages, and adopt a highly systematic approach to maintain accurate documents for financial auditing.

Speaking on the occasion, Navin Gupta, Global Head, BPM, Datamatics, said, "CFOs are under pressure to do more with less. Therefore they partner with Datamatics to reduce costs and revenue leakages and improve cash-flows." He added, "We deploy deep digital technologies like Intelligent Workflows, RPA, Analytics, AI/ML Models, and Mobile solutions to deliver operational efficiency and supplier experience."

Mitul Mehta, Chief Marketing Officer, Datamatics, said, "At Datamatics, we believe, our F&A service enables enterprises to dive deep into digital finance. We are delighted to be recognized in the 2022 Gartner Magic Quadrant for Finance and Accounting Business Process Outsourcing. It's a strong testament to our expertise and customer satisfaction."

Shares of Datamatics Global Services Limited was last trading in BSE at Rs. 287.55 as compared to the previous close of Rs. 286.75. The total number of shares traded during the day was 9898 in over 787 trades.

The stock hit an intraday high of Rs. 288.40 and intraday low of 279.00. The net turnover during the day was Rs. 2826983.00.

Source : Equity Bulls


DatamaticsGlobalServices INE365B01017 Gartner NichePlayer MagicQuadrant Finance AccountingBPO