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Genpact inks deal with Diageo to offer F&A services

By Religare

Genpact inks deal with Diageo to offer F&A services
India's leading business process outsourcing (BPO) services provider Genpact has bagged a contract from Diageo to provide the financial and accounting processing services, by establishing a near-shore shared services centre.

As per the agreement, Genpact has set up a shared service centre in Colombia, where employees of both the companies will work together. The centre will house up to 200 employees by 2013.

"Genpact and Diageo are partnering to optimise Diageo's comprehensive F&A operations and consolidating these operations into the new centre in Bogotá, which to date have been managed across multiple Latin American countries," a joint statement from both the companies said.

Diageo, the world's largest distillery, said the agreement will help company consolidate and improve its F&A functions in Latin America and increase the focus on core business.

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