WNS Unveils AI-Driven TRAC ONE-F for Finance Transformation
Introducing TRAC ONE-F from WNS: A Game Changer in Finance
WNS (Holdings) Limited (NYSE: WNS), a prominent global provider of Business Process Management (BPM) solutions, has announced the launch of TRAC ONE-F. This innovative AI-integrated unified finance hyperapp is designed to streamline finance operations, enhancing the efficiency of CFOs across the globe. By leveraging the capabilities of JIFFY.ai, TRAC ONE-F automates accounting processes, creating a seamless, touchless environment driven by data insights and Generative AI.
The Power of TRAC ONE-F in Finance and Accounting
TRAC ONE-F is set to transform Finance and Accounting (F&A) operations. By utilizing predictive insights and analytics, this platform empowers organizations to make timely decisions and manage risks proactively. The solution delivers substantial improvements, including a 20% reduction in cash conversion cycles, a remarkable 50% decrease in deployment times, up to 70% faster period-end closures, and an astonishing 80% touchless processing capability.
Strategic Collaboration for Enhanced Client Outcomes
As part of its commitment to drive transformative outcomes for clients, WNS is collaborating with JIFFY.ai to co-market and deliver the TRAC ONE-F solution. This partnership is a blend of exceptional expertise from both firms, facilitating a comprehensive approach to financial transformation.
A Vision for CFOs in Today's Business Landscape
Keshav R. Murugesh, Group CEO of WNS, emphasized the critical role of CFOs in navigating volatile business climates. He stated, "In a complex business landscape, CFOs are tasked with ensuring operational performance and sustainability. With over 25 years of experience in finance and accounting services, we are proud to present TRAC ONE-F as a scalable solution tailored for today's business needs. This innovative app is not just a tool; it’s a significant strategic asset for CFOs worldwide, developed in partnership with JIFFY.ai.”
Empowering Organizations with Technology
Babu Sivadasan, Chairman and CEO of JIFFY.ai, expressed pride in the collaboration with WNS to bring TRAC ONE-F to market. He noted, “TRAC ONE-F stands as the first AI-integrated solution that offers CFOs the ability to drive significant transformations. By leveraging AI-driven automation and real-time data insights, organizations can optimize finance operations and drastically cut costs. We believe this offering will revolutionize the financial sector, delivering immediate and long-term benefits for our clients.”
About WNS (Holdings) Limited
WNS (Holdings) Limited (NYSE: WNS) stands at the forefront of the BPM industry. The company merges deep industry expertise with cutting-edge technology, analytics, and process skills to develop innovative, digitally-empowered solutions for over 600 clients across diverse sectors. WNS provides a comprehensive suite of BPM services, including specialized offerings in customer experience, finance, accounting, HR, procurement, and analytics. As of mid-2024, WNS employs over 60,500 professionals across 64 delivery centers in various countries, reinforcing its global footprint.
Frequently Asked Questions
What is TRAC ONE-F?
TRAC ONE-F is an AI-integrated unified finance hyperapp developed by WNS to enhance Finance and Accounting operations for CFOs through automation and advanced analytics.
How does TRAC ONE-F benefit CFOs?
CFOs can expect a reduction in cash conversion cycles, faster period-end closures, and enhanced risk management through TRAC ONE-F’s predictive insights and touchless processing capabilities.
Who collaborated on the TRAC ONE-F project?
WNS collaborated with JIFFY.ai to co-market and deliver the TRAC ONE-F solution, leveraging the expertise of both organizations.
What industry needs does TRAC ONE-F address?
TRAC ONE-F addresses the need for timely and efficient financial operations within organizations, particularly in today’s volatile business environment.
How can I learn more about WNS?
For more information on WNS and its services, visit their official website to explore their offerings and insights.
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