Infosys BPO gets recognition for its procurement solutions

Infosys BPO has announced that it has been positioned in the Leaders category in Everest Group’s Procurement Outsourcing (PO) Service Provider Landscape with PEAK Matrix Assessment 2013 report. The report identifies Infosys BPO as a “2013 PO Market Star Performer” based on the company’s relative year-on-year movement and reiterates its commitment to the PO business.

The report recognizes Infosys BPO for its strong PO technology capability. The report highlights the company’s experience across different technology models and identifies its platform-based offerings as a key differentiator.
 
Gautam Thakkar, Chief Executive Officer & Managing Director, Infosys BPO, commented, Our end-to-end integrated procurement solutions help address issues around effective management of third-party spend among other challenges. We deliver measurable business value to our clients by providing access to the best procurement technology platforms and tools. This recognition highlights our commitment to bring our superior service offerings and innovative solutions to deliver transformational benefits to our clients.
 
Infosys BPO’s acquisition of Portland Group in late 2011 helped it acquire strategic sourcing and category management capability, transforming Infosys BPO from a Procure-to-Pay focused provider to an end-to-end Source-to-Pay provider. As a result, Infosys BPO catapulted into the Leaders Quadrant on the PO PEAK Matrix. It also earned the status of a ‘PO Star Performer’ given strong YoY growth in both delivery capability and market success, said Saurabh Gupta, Vice President, Everest Group.

The report also highlights the company’s market success, with over 80% growth in PO revenue (ACV) in 2012.