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WNS Launches Xponential -- The ERP-Card SolutionTM
LONDON & MUMBAI, India, Feb 16, 2012 (BUSINESS WIRE) --WNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Outsourcing (BPO) services, launched 'Xponential -- The ERP-Card SolutionTM', as part of its BizAps Procure-to-Pay (P2P) Solutions brand umbrella. Xponential is a fully-integrated SAP Purchasing Card (P-Card) program management solution. Xponential enables organizations to leverage their existing investment in SAP and extends the benefits of process optimization, operational control, and data integrity to the complex task of P-Card program management.
"Our clients continue to demand high-value, differentiated solutions to optimize business processes and improve their competitive positioning. Our investments in technology are designed to bring to market leading-edge solutions in the Procure-to-Pay (P2P) and Order-to-Cash (O2C) spectrum and help deliver their benefits to our clients." said Keshav R. Murugesh, Group CEO, WNS. "P-Card programs are an integral part of our clients' arsenal to drive efficiencies and operational control in their procurement processes. Xponential is a flagship offering as part of our transformation solutions strategy and will help clients manage their P-Card programs in an integrated and optimized manner," added Keshav.
"The ERP-Card brings much needed integration to the procurement and financial activities of an entity," said Sanjay Jain, Chief Capability Officer, WNS. "The Xponential solution cuts through the complexity of e-commerce and payment convergence and uses the P-Card as a hub for e-procurement and e-payables activities. This flexibility results in more strategic use of a P-Card within an organization's procurement department and optimizes an organization's overall approach to e-commerce. If the goal of the P-Card program is to reap the benefits of 'controlled growth', then the ERP Card and Xponential is the answer," he added.
Xponential provides seamless integration with an organization's SAP-based Procurement, Receiving and Accounts Payable processes for the purposes of optimizing and promoting P-Card utilization and Working Capital efficiency. Xponential brings much needed ERP data integrity and data conformance to an organization's P-Card program. That eliminates one of the P-Card tool's key historical weaknesses and translates into a holistic approach to an organizations supply chain reporting requirements. Xponential also simplifies an organization's technical landscape through elimination of the typical P-Card interfaces and the resulting maintenance efforts. As the first generation of ERP-Card solutions, Xponential features include full program management, reconciliation, and control functionality, virtual card functionality and the Xponential EZ PO Portal.
Rick Swartwood, Vice-President, Procure-to-Pay Solutions, WNS is the product mentor for Xponential. Please direct inquiries related to the Xponential product suite to Rick at Rick.Swartwood@wns.com
WNS (Holdings) Limited, is a leading global business process outsourcing company. WNS offers business value by combining operational excellence with deep domain expertise in key industry verticals including Insurance; Travel and Leisure; Manufacturing, Retail, Consumer Products and Telecom; Consulting and Professional Services; Healthcare; Banking and Financial Services; Utilities, and Shipping and Logistics industries. WNS delivers an entire spectrum of business process outsourcing services such as customer care, finance and accounting, legal services, procurement, research and analytics, technology services and industry specific back office and front office processes. WNS has over 22,500 professionals across 25 delivery centers worldwide including India, the Philippines, the United Kingdom, Sri Lanka, Romania, Costa Rica and the United States, as well as a subcontractor's delivery center in South Africa.
Safe Harbor Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995
This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE: WNS (Holdings) Limited