Genpact Recognized as a Leader in Procurement Outsourcing Services in the 2024 Everest Group PEAK Matrix® Assessment

Core Insights - Genpact has been recognized as a Leader for the fourth consecutive year in the 2024 Everest Group Procurement Outsourcing (PO) Services PEAK Matrix® Assessment, highlighting its expertise in sourcing and procurement, strong partner ecosystem, and advanced technology capabilities [1][3][4] Company Performance - The recognition emphasizes Genpact's excellence in source-to-pay (S2P) services and its innovation in advanced technologies, including generative AI, which create competitive advantages for global enterprises [1][3] - Genpact's procurement services include end-to-end solutions for sourcing, category management, and integrated procure-to-pay (P2P) models, supported by a strong digital ecosystem and advisory capabilities [4][5] Technology and Innovation - Genpact is focused on transforming procurement with technology and data analytics, which helps clients maximize spend under management, reduce supply chain risk, and improve supplier relationships [3][4] - The company has integrated generative AI and automation across S2P processes, enhancing capabilities in supplier discovery, contract management, and P2P helpdesk [6] Market Position - Everest Group evaluated 24 global PO service providers, with Genpact distinguished as a Leader due to its superior technology capabilities, innovative engagement models, and ongoing investment in sourcing and procurement [3][4] - Genpact's strong digital ecosystem includes partnerships with leading technology providers, enhancing its procurement solutions beyond in-house tools [4][5]