IT services major Infosys today said paints and coatings maker AkzoNobel has extended partnership with its subsidiary Infosys BPO.
It was originally selected by AkzoNobel to accelerate the company’s finance transformation programme and streamline operations for its Decorative Paints business in over 30 countries across Europe, the Middle East and Africa, Infosys said in a statement. As part of the deal extension now, the transformation program has been extended across AkzoNobel’s Performance Coating business in Europe and North America as well.
Highlights:
- The deal extension involves standardization and outsourcing of the transactional accounting organization for the Performance Coating business of AkzoNobel
- Infosys BPO will deliver the finance and accounting services out of its global delivery centers in Poland and India, in English, Spanish and several other European languages
- Infosys BPO will partner with AkzoNobel to set up a finance services organization by consolidating work from seven business groups across 55 locations
- This further validates Infosys BPO’s sharp focus on process innovation and its commitment to help accelerate clients’ adoption of best practices, across domains
Hans De Vriese, Corporate Director Control, AkzoNobel, “The rapidly changing business environment demands high levels of efficiency, core transformational capabilities and a genuine spirit of partnership with the service provider. Identifying these needs, we have extended our partnership with Infosys BPO. With this partnership, we look forward to continuing to experience improvements in efficiency, consolidation of processes, and process support to business as a service.”
Anup Uppadhayay, Chief Executive Officer and Managing Director, Infosys BPO,“The extension of this highly valued partnership further emphasizes our ability to provide end-to-end transformational services, while strengthening our leadership in the global finance and accounting market. Our robust industry knowledge and domain expertise, backed by world-class tools and technologies, enable us to consistently exceed client expectations, accelerate growth and deliver enhanced business value to our clients. We also continue to invest heavily in the advanced application of Automation and Artificial Intelligence, in our journey towards establishing the BPO of the future.”