Cognizant announced a new 3-year tech contract with Volvo Cars to provide finance and accounting (F&A), and procurement services.
The agreement covers the car maker’s global accounts payable and accounts receivable, direct and indirect procurement and logistics services.
Cognizant has been engaged with Volvo Cars since 2011.
Cognizant will enable Volvo Cars to harmonize its F&A and procurement processes and implement Intelligent Process Automation (IPA) to drive efficiency and support its ongoing digital transformation journey, said Anne-Sofie Risasen, Head of Nordics, Cognizant.
