PR - Genpact to Provide Finance & Accounting Support for Invensys

Genpact (NYSE: G), which manages business processes for companies around the world, announced it has been selected by Invensys, a global industrial automation, transportation and controls company, to provide finance & accounting services to the UK-based company.  Terms were not disclosed.

Genpact will provide the services from its delivery centers in Cluj, Romania, and Gurgaon, India.  Genpact serves more than three dozen major clients from delivery centers in nine countries.

“We are extremely pleased to apply our domain expertise in accounting and finance services to Invensys,” said Genpact President & CEO Pramod Bhasin in making the announcement.  “Invensys serves some of the world’s leading energy, chemical, pharmaceutical and manufacturing companies.  We look forward to supporting Invensys as it helps improve its clients’ productivity.”

Stan Allison, senior vice president of Global Business Services for Invensys, said: “Invensys has selected a co-sourcing partner that aligns with our strategies to improve internal controls, service levels and cost savings.  Genpact’s dedication to Six Sigma and in-depth process knowledge will enable Invensys to rapidly achieve its strategic goals.” 

Genpact manages business processes for companies around the world. It operates service delivery centers in India, China, Hungary, Mexico, the Philippines, the Netherlands, Romania, Spain and the United States.