Global IT outsourcing vendor Capgemini will support Honeywell, which supplies aerospace products and services, control technologies, turbochargers, and performance materials, for its finance processes.
Capgemini did not share financial details.
As part of the 5-year deal, Capgemini will deliver General Accounting and Procure-to-Pay services from its Center of Excellence for Business Process & Outsourcing (BPO) in Bangalore, India. Capgemini will work to streamline processes and improve the performance of end-to-end finance procedures.
“Honeywell has an aggressive and innovative finance transformation plan, and we look forward to a successful relationship,” said Christopher Stancombe, CEO of Capgemini BPO.