NEW YORK - Genpact (NYSE: NYSE:G), a global professional services firm, announced today a five-year strategic collaboration with Tropicana Brands Group to overhaul its global business services and supply chain operations through digital transformation.
The partnership aims to modernize Tropicana's finance and accounting (F&A) operations by standardizing processes and integrating digital solutions, including the use of artificial intelligence (AI).
The initiative will encompass a broad spectrum of F&A activities such as Master Data, Accounts Payable, Expense Management, Order to Cash, General Accounting, Reporting, and Customer Supply Chain. Genpact's role will include conducting S/4 HANA testing to facilitate the deployment of new systems and enable new Global Business Services capabilities.
Matt Murray, Head of Corporate Finance at Tropicana Brands Group, expressed the company's commitment to creating future-ready enterprise business services that align with their growth objectives. He anticipates that the partnership with Genpact will foster seamless and connected experiences across all touchpoints of the business.
Anil Nanduru, Global Business Leader at Genpact, highlighted the need for consumer goods companies to adopt integrated solutions that synchronize processes with operations throughout the value chain. He praised Tropicana Brands Group for strategically reengineering its business through advanced digital technologies and data analytics to boost revenue, profitability, and innovation.
Genpact, known for its expertise in redesigning processes for global companies, including many in the Global Fortune 500, is set to apply its digital business platform and domain expertise to Tropicana's transformation. The collaboration is expected to leverage generative AI to automate and transform business processes, enhancing Tropicana's operational efficiency and strategic growth.
This news is based on a press release statement.
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