|By Business Wire||
|June 12, 2014 02:35 AM EDT||
Capgemini, one of the world’s foremost providers of consulting, technology and outsourcing services, has been selected by Honeywell, a Fortune 100 diversified technology and manufacturing leader, as its finance transformation partner and delivery provider to handle select finance processes.
Honeywell serves customers worldwide with aerospace products and services, control technologies, turbochargers, and performance materials. As part of the 5-year contract, Capgemini will deliver General Accounting and Procure-to-Pay services from its Center of Excellence for Business Process & Outsourcing (BPO) in Bangalore, India. Leveraging its Global Enterprise Model1, Capgemini will work to streamline processes and improve the performance of end-to-end finance procedures.
“Capgemini's strategic approach to further enhancing our finance processes was instrumental in selecting them as our BPO partner,” said John Koller, Vice President, Finance Operations, Honeywell. “Honeywell serves a wide variety of industries through different business models, which creates some challenging finance support requirements. After a rigorous evaluation process, we determined Capgemini was best positioned to support Honeywell’s business requirements and accelerate our finance transformation strategy.”
"I am proud to have Honeywell select Capgemini as its BPO provider and finance transformation partner of choice. Honeywell has an aggressive and innovative finance transformation plan, and we look forward to a successful relationship,” said Christopher Stancombe, CEO of Capgemini BPO.
With more than 130,000 people in over 40 countries, Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services. The Group reported 2013 global revenues of EUR 10.1 billion (more than $13 billion USD). Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want. A deeply multicultural organization, Capgemini has developed its own way of working, the Collaborative Business ExperienceTM, and draws on Rightshore®, its worldwide delivery model. Learn more about us at www.capgemini.com.
Rightshore® is a trademark belonging to Capgemini
1 Capgemini's Global Enterprise Model (GEM) is a transformation methodology comprised of 7 levers including grade, location and competency mix, Global Process Model, technology, pricing and governance, all of which are calibrated according to each client’s specific needs.
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