Genpact to streamline key finance and procurement operations to support Boeing’s growth strategy
NEW YORK, September 29, 2015 – Leading aerospace and defense manufacturer The Boeing Company has chosen Genpact (NYSE: G), the architect of the Lean DigitalSM enterprise, as its strategic partner for business process services. Under the terms of the multi-year agreement, Genpact will be helping to streamline, standardize and manage Boeing’s key international finance and accounting (F&A) processes, in addition to non-production procurement operations.
This partnership supports Boeing’s strategy to improve business performance and productivity, reduce costs, and make its business operations more agile for the future.
“Our partnership with Boeing significantly leverages Genpact’s investments and capability strengths,” said Tiger Tyagarajan, president and CEO, Genpact. “At an emotional level, serving Boeing has been a dream of ours since becoming independent from GE in 2005. Our employees are as thrilled as I am to directly and indirectly support the success of such an admired company.”
About Genpact
Genpact (NYSE: G) stands for “generating business impact.” We architect the Lean DigitalSM enterprise through a unique approach based on our patented Smart Enterprise Processes (SEPSM) framework that reimagines our clients’ middle and back offices to generate growth, cost efficiency, and business agility. Our hundreds of long-term clients include more than one-fourth of the Fortune Global 500. We have grown to over 70,000 people in 25 countries, with key management and a corporate office in New York City. We believe we are able to generate impact quickly and power Intelligent OperationsSM for our clients because of our business domain expertise and experience running complex operations, driving our unbiased focus on what works and making technology-enabled transformation sustainable. Behind our passion for technology, process, and operational excellence is the heritage of a former General Electric division that has served GE businesses since 1998. For additional information, visit www.genpact.com. Follow Genpact on Twitter, Facebook, LinkedIn, and YouTube.