Genpact Optimises United Biscuits' F&A Operations

Started by sukishan, Aug 18, 2009, 04:26 AM

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Genpact has been awarded a five-year contract to provide multiple finance and accounting (F&A) services for United Biscuits (UB), a European manufacturer and marketer of biscuits, cakes and snacks. This new partnership will allow Genpact professionals to work alongside the UB team in an effort to boost the effectiveness of existing F&A processes thereby freeing-up resources that can be re-focussed on core aspects of the business. 
Commenting on this new partnership, Jeff van der Eems, chief operating officer, UB, said, "Our partnership with Genpact is the latest step in our ongoing efforts to ensure our finance capabilities are fit for the future. We believe that working with Genpact will give us greater capacity to adapt to changing business requirements. We look forward to building a successful partnership with Genpact to further support our growing business."

Genpact's finance and accounting practice currently supports more than three dozen global enterprises, including a dozen well-respected brands in the consumer packaged goods industry, the company claims.

Leveraging the best practices developed through more than a decade of experience in F&A services, Genpact's F&A experts will provide UB's UK business with support in a range of areas including accounts payable, expense claims processing, fixed assets accounting, general accounting, procurement, accounts receivable, supply chain accounting, commercial decision support, financial planning and analysis, and tax and treasury activities.

Commenting on this announcement, Pramod Bhasin, president and CEO, Genpact, said, "We are excited and honoured at the opportunity to partner with a company like United Biscuits, whose focus on sustainable performance has led to many years of profitable growth. At Genpact, we take very seriously our commitment to helping clients achieve measurable business outcomes through our deep understanding of enterprise wide business processes and a drive towards operational excellence. We look forward to leveraging these strengths in support of UB and are hopeful this will be a long and productive partnership."
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