U.K. Enterprises Look to Fast Track Finance and Accounting Transformation - Seite 2

As part of their transformations, more U.K. companies are moving to automate their F&A functions, turning to outsourcing providers to help them implement robotic process automation within their F&A systems, the report says.

According to ISG Research, 83 percent of enterprises have reached their highest level of automation maturity within their F&A operations, the highest percentage of any corporate function. The report also finds nearly 95 percent of enterprises are experimenting with or have deployed machine learning technologies in their F&A processes.

Many U.K. enterprises are also using artificial intelligence-powered analytics for greater insights into their finances, and to enable more proactive decision-making, the report says.

The 2020 ISG Provider Lens Finance & Accounting Digital Outsourcing Services report for the U.K. evaluates the capabilities of 25 providers across three quadrants: Consulting Services, Transactional F&A Services and Strategic F&A Services.

The report names Accenture, Capgemini, Cognizant, EXL, Genpact, IBM, Infosys, TCS and WNS as leaders in all three quadrants. HCL and Wipro are named leaders in two quadrants.

A customized version of the report is available from Infosys.

The 2020 ISG Provider Lens Finance & Accounting Digital Outsourcing Services report for the U.K. is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens Research

The ISG Provider Lens Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe and Latin America, as well as in the U.S., Germany, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.