"This recognition from Everest Group reinforces the strength and continued evolution of our finance and accounting expertise," said Riju Vashisht, Chief Growth Officer, Genpact. "By bringing together our deep process and industry domain expertise with advanced technology capabilities we help clients reframe business problems and drive AI-led finance transformation at scale." Everest Group evaluated 34 F&A providers on their vision, capabilities, and market impact. Genpact stood out as an early mover in agen ...

Core Insights - Genpact has partnered with Wesco to modernize its accounts payable operations, enhancing accuracy and efficiency through the Genpact AP Suite [1][2] - The implementation of agentic AI and process expertise has allowed Wesco to automate 40% of its annual invoices, significantly improving operational efficiency [3][4] - Wesco's transformation illustrates the evolving role of accounts payable as a critical function in enterprise AI, moving beyond traditional back-office operations [4] Company Overview - Wesco, headquartered in Pittsburgh, generated approximately $22 billion in annual sales in 2024 and operates over 700 sites across nearly 50 countries [4] - The company serves a diverse range of sectors, including commercial, industrial, education, government, technology, telecommunications, and utilities [4] Technology and Innovation - The Genpact AP Suite integrates specialized AI agents for various functions such as data extraction and exception handling, leading to reduced manual workloads and improved accuracy [3] - The solution provides real-time visibility into process health through advanced dashboards, supporting Wesco's goal of continuous innovation [3][4] Strategic Impact - The partnership with Genpact has enabled Wesco to standardize and automate its accounts payable workflows, strengthening supplier and customer relationships while lowering costs [2][3] - The shift towards a unified platform for accounts payable is seen as a foundational step for real-time visibility and agility across the finance enterprise [4]