Advertisment

Kimberly-Clark selects Genpact

author-image
CIOL Bureau
Updated On
New Update

BANGALORE: Genpact, provider of business and technology services, has signed a five-year contract to provide certain finance and accounting activities for Kimberly-Clark Corporation. Outsourcing of these services to Genpact is part of Kimberly-Clark’s global competitive improvement initiatives, which were announced in July 2005. Terms of the contract were not disclosed.

Advertisment

Ian Maginnis, vice president of business support delivery, Kimberly-Clark, said, “This move will allow us to better focus our resources on innovation, brand-building and other capabilities that will drive long-term, sustainable growth.”

“Genpact is highly regarded by numerous multinational clients as a partner that provides top-quality service in finance and accounting services. By moving our non-core F&A activities to Genpact, we will reduce costs and improve efficiency in these areas,” he added.

Genpact said in a statement that building upon Kimberly-Clark’s strong base in F&A, it will support the company’s global operations in the areas of: accounts payable and travel expenses, pricing administration, accounting-to-reporting and supply-chain accounting, Genpact statement said.

Advertisment

“We look forward to partnering with Kimberly-Clark in ways that will not only improve processes, but contribute substantial bottom-line savings as well,” said Pramod Bhasin, Genpact president and chief executive officer. “Innovation is as important in the back office as it is in product development and distribution. It is something we work at and share with our clients every day. We are honored to join Kimberly-Clark in our common pursuit of innovation.”

© CyberMedia News

Refer this articleIM this link to a friend

tech-news