John is CEO of NelsonHall, the leading business process services (BPS) and IT services (ITS) research and analysis firm, and is widely regarded as one of the world's leading authorities on achieving business transformation through the application of BPS.
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Rachael Stormonth, Senior Vice President at BPS analyst house NelsonHall, discusses the latest business trends in F&A BPS with Professional Outsourcing magazine, and describes how some companies are using it as a platform for business transformation.
published on Oct 28, 2024
This NelsonHall vendor assessment analyzes Datamatics' offerings and capabilities in Finance and Accounting Transformation
NelsonHall’s finance and accounting transformation from RPA to GenAI profile on Datamatics is a comprehensive assessment of Datamatics’ offerings and capabilities, designed for:
The report provides a comprehensive and objective analysis of Datamatics’ finance and accounting transformation offerings, capabilities, and market and financial strengths, including:
Incorporated in 1975, Datamatics offers a comprehensive suite of finance and accounting (F&A) services as part of its digital operations portfolio. Leveraging its proprietary tools, technologies, and innovative digital experiences such as TruBot, TryCap, TruAI, TruBI, FINATO, and TruFare, Datamatics delivers manageable and scalable end-to-end F&A solutions while leveraging digital enablers such as edge AI or ML-enabled technology in the form of smart RPA, intelligent data capture, automated workflow, and BI tools.
In addition to F&A services, Datamatics' digital operations include banking process management, insurance process management, and digital content management. Datamatics' F&A offerings position Datamatics' FINATO platform as a key F&A enabler, aiming to provide an autonomous F&A platform. Datamatics' focus has been leveraging its proprietary IPs and digital enablers such as TruBot, TruAI, TruBI, and FINATO to drive seamless delivery. NelsonHall estimates Datamatics has ~3,500 FTEs delivering finance, accounting BPS, and transformation services. Datamatics' key focus is to complement its F&A offerings with its proprietary tools and accelerators, and the company will focus on scaling its offering through FINATO penetration.
