Digital services specialist Atos and Xerox have launched a new cloud-based ‘Business Process as a Service’ (BPaaS) offering for clients streamlining their finance and accounting functions. The new service offers ‘Source-to-Pay’, ‘Order-to-Cash’ and ‘Record-to-Report’ and can be scaled to meet fluctuating demand and workloads. The two companies claim that the ‘out-of-the-box’ service is “complete with industry-leading intelligence products to ensure internal controls, drives efficiency and up to 30% in cost savings.
“The service combines the strength of Xerox’s global finance and accounting capability with Atos technology and digital skills in systems integration to provide a pay-as-you-go cloud-based service. The ready-to-go solution offers low upfront costs and no requirement for additional infrastructure, meaning that clients can be using the service in a matter of weeks. The fully configured technology platform leverages the advanced functionality of Oracle enterprise resource planning (ERP) Cloud to drive productivity, lower costs, and improve controls in the finance function.”
The new BPaaS offering for finance and accounting is available in Western Europe immediately.