• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » EXL earns top spot in Gartner’s finance outsourcing report

EXL earns top spot in Gartner’s finance outsourcing report

EXL earns top spot in Gartner's finance outsourcing report
Photo from EXL

NEW YORK, UNITED STATES — Data analytics and digital operations firm EXL has been declared a Leader in the 2023 Gartner Magic Quadrant for Finance and Accounting (F&A) Business Process Outsourcing (BPO) for the second consecutive year.

The recognition comes after evaluating 18 F&A service providers based on a uniform set of criteria. The accolade defines Leaders as organizations that perform effectively against their current visions and are well-positioned for future growth.

The Gartner report emphasized that over half of finance outsourcing contracts now revolve around digital solutions and transformation services. It predicted that the trend will escalate, with 80% of contracts focusing on digital transformations by 2025, up from 55% in 2021.

Narasimha Kini, EXL’s executive vice president, acknowledged the looming digital revolution and emphasized EXL’s commitment to developing data- and AI-driven solutions that empower streamlined operations and enhanced insights.

“We have spent years helping finance and accounting leaders develop data- and AI-driven solutions that power better insights and more streamlined operations. We believe this recognition reaffirms that direction and validates our path forward,” Kini said.

On Gartner Peer Insights, EXL has an impressive rating of 4.7 out of 5 stars for its F&A BPO services as of June 16, 2023, based on 40 reviews. Clients praised EXL for being a strategic partner and for its strong customer focus and adaptability to changing business needs.

Established in 1999, EXL is a data analytics and digital operations and solutions company that partners with over 700 clients to improve business outcomes and unlock growth. Its 2021 revenue reached $1.1 billion, up 17.6% from 2006.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 450+ podcast episodes, and a comprehensive directory with 4000+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image