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Infosys Positioned as a Leader yet again in Everest Group Procurement Outsourcing (PO) Services PEAK Matrix® Assessment 2024

 

Infosys has been named as a Leader in Everest Group PO Services PEAK Matrix® Assessment 2024. The assessment report, which evaluated 24 PO service providers, highlighted Infosys’ fully-integrated PO service suite that provides end-to-end Source-to-Pay (S2P) capabilities in consulting, S2P operations, and technology.

Infosys earned this recognition for its global delivery capabilities, backed by a digital suite of solutions such as AI-based Digital Category Cockpit, Infosys-Aerchain autonomous sourcing, Gen AI-based solutions such as Get-it-clean, Keep-it-clean, InsightSmart (for insights via data visualization), AP on Cloud, and multiple AI-/ML-based proprietary and partner-led solutions.

In addition to enhancing its data management offerings to help clients maximise Gen AI benefits integrated with Infosys Topaz suite, it has also invested in new delivery centers in Europe and the Middle East. These factors, along with extending its ESG offerings by partnering with Trust Your Supplier for risk mitigation, have led to Infosys’ positioning as a Leader in Everest Group’s 2024 Procurement Outsourcing PEAK Matrix® Assessment.

Highlights

The report highlighted Infosys’ several strengths, including:

  • Infosys leverages its strong technology capabilities and deep domain expertise across the S2P value chain to offer a comprehensive suite of solutions to drive the transformation of clients’ procurement operations.
  • It has enhanced its category management expertise across both indirect and direct-spend categories through data analytics and Category Digital Cockpit solutions for category strategy and sourcing support.
  • Infosys continues to enhance its proprietary procurement digital ecosystem with cognitive capabilities supported by its Live Enterprise model.
  • It has forged a wide range of third-party technology partnerships with digital transformation capabilities across the S2P value chain.
  • Infosys has enhanced its tail-spend management and tactical sourcing capabilities through its spend aggregator model, marketplaces, and point solutions.
  • Infosys has expanded its delivery locations to support clients in emerging markets.

“Infosys leverages strong technology capabilities and domain expertise across the S2P value chain to provide a comprehensive suite of solutions for clients’ procurement operations. It has enhanced its category management and tail-spend capabilities through its AI-based Category Digital Cockpit, partnerships, and in-house solutions.”

- Shirley Hung, Partner at Everest Group

To download custom version of the full report, please click here

If you want to learn more about the sourcing and procurement services offered by Infosys BPM, you can click here.

Disclaimer

Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis.  All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking.  To access the complete research and to learn more about our methodology, please visit the Everest Group PEAK Matrix® report website.