- Overview Press tab for submenu items
TCS is here to make a difference through technology.
Leading the way in innovation for over 55 years, we build greater futures for businesses across multiple industries and 55 countries.
-
Industries
-
Services
-
Products and Platforms
-
Research & Innovation
Overview
Overview
Overview
Overview
Industries
expand here
Services
expand here
Products and Platforms
expand here
Research & Innovation
expand here
- Overview Press tab for submenu items
We’re in it for good, driving positive change for the benefit of all.
Our expert, committed team put our shared beliefs into action – every day. Together, we combine innovation and collective knowledge to create the extraordinary.
-
About Us
- Overview Press tab for submenu items
Extraordinary expertise leads to remarkable results.
We share news, insights, analysis and research – tailored to your unique interests – to help you deepen your knowledge and impact.
-
Customer Stories
-
Perspectives
-
Global studies
-
Topics
- Overview Press tab for submenu items
Want to be a global change-maker? Join our team.
At TCS, we believe exceptional work begins with hiring, celebrating and nurturing the best people — from all walks of life.
-
India
-
Americas
-
Asia Pacific
-
Europe and UK
-
Middle East and Africa
Overview
Overview
Overview
Overview
Overview
India
expand here
Americas
expand here
Asia Pacific
expand here
Europe and UK
expand here
Middle East and Africa
expand here
- Overview Press tab for submenu items
Find the latest news about TCS in our Newsroom
Get access to a catalog of the latest news stories from across TCS. Discover our press releases, reports, and company announcements.
-
Press releases
Recent Press releases
View all -
News alerts
-
Analyst recognition
-
Events
Upcoming events
11 Feb 2025 TCS Reception Philippines 2025View all23 Dec 2024 TCS at Oracle CloudWorld Tour 2025, Dubai -
Media kit
- Overview Press tab for submenu items
TCS works hand in hand with world-leading investors.
Tata Consultancy Services LimitedNSE:TCSINR -
Management Commentary
-
Financials
-
News and Events
-
ESG
-
Resources
Overview
Overview
Overview
Overview
Overview
Management Commentary
expand here
Financials
expand here
News and Events
expand here
ESG
expand here
Resources
expand here
Top Results
Showing
10
01 - 07
- Newsroom
- Analyst Reports
You have these already downloaded
We have sent you a copy of the report to your email again.
Tata Consultancy Services provides end-to-end analytics solutions across the finance value chain including data management, reporting, analytics and insights, predictive modeling, and optimization to support customers in enabling an intelligent enterprise powered by new-age digital solutions
NEW YORK | MUMBAI, August, 2024: Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) has been recognized as a Leader in the IDC Marketscape for Worldwide Enterprise Analytics and AI Business Process Services for Finance and Accounting 2024 Vendor Assessment (doc # US51353223, July 2024).
According to the report, “TCS has a high share of enterprise F&A BPS clients for which it performs end-to-end advanced analytics including AP/AR analytics, working capital optimization, forecasting/planning, credit/collections, fraud analytics, profitability analysis, and cash flow analysis”. The report further states, “TCS also has numerous generative AI pilots and POCs for use cases including document analysis, conversational finance, accounting and financial report generation, financial analysis and forecasting, and fraud detection and risk mitigation”.
“In-order to achieve the next frontier of growth and efficiency, finance leaders need to focus on better data controllership, richer insights, and speed and agility in processing and decision-making. Technologies like analytics, machine learning, AI, Gen AI are key to institutionalizing this. TCS, with its Cognix™ powered suite of solutions has been helping enterprises across industries embrace these technologies at pace, enhancing their core metrics and paving the way for market success” said Ashok Pai, Senior Vice President & Global Head, Enterprise Cognitive Business Operations, TCS. “We believe that this recognition is a reflection of our continued investments in technology and innovation and our efforts to drive digital adoption for our clients”
“TCS performed well across a multitude of metrics such as its extensive capabilities around AI and analytics across the finance value chain, driving adoption of these digital technologies amongst their client base and aligning future investments and strategies to evolving market needs. This has been possible because of its investments in proprietary and partner-based solutions and integrated platforms with Cognix™ at the core. Gen AI continues to be a key focus area, positioning TCS well to drive enhanced value creation for its clients” said Raymond Pucci, Research Director, Intelligent Finance & Customer Care Business Process Services
TCS offers a comprehensive suite of offerings across the finance-value chain. It helps organizations revolutionize their finance and accounting operations spanning across Procure-to-Pay, Order-to-Cash, Record-to-Report with technologies like automation, AI, Gen AI, advanced analytics, and cloud to significantly improve their efficiency, speed, and compliance. Its AI-led strategic finance offerings like financial planning and analysis, cash and liquidity management, and taxation equips enterprises with data-driven decision-making for enhanced resilience and financial performance. TCS also provides a host of industry-specific finance and accounting services like trust and equity accounting for financial services, revenue cycle management for healthcare, passenger and cargo revenue accounting for travel and transportation, store accounting for retail, and meter to cash for utilities to cater to the inherent accounting nuances and needs of various industry domains. It advises and supports CFOs in their broader ESG imperatives with services like ESG reporting framework design, ESG data benchmarking, Insights for carbon emission reduction, and adoption of carbon neutral finance strategies.
TCS brings in a unique approach to clients’ finance transformation needs by combining its advisory, technology and operations expertise well- supported by its contextual know-how, strong digital and partner ecosystem and future-ready talent pool.
TCS Cognix™ for Finance, an AI-driven human-machine collaboration suite, is at the heart of this transformation approach. It offers a customized, fit-for-purpose transformation approach aligned to the business dynamics and operations maturity of enterprises. The transformation journey enabled through Cognix™ powered maturity assessment tools and frameworks delve into process discovery and analysis along with benchmarking of client’ operational metrics with best-in-class industry standards and peers. It is then followed up with recommended digital solutions to track and improve metrics on an on-going basis. Cognix™ offers a library of pre-built digital solutions across the finance value chain that are built using multiple technologies like AI, GenAI, analytics and automation. These solutions can be easily deployed into the client’ environment for accelerated value realization.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
©2024 TATA Consultancy Services Limited
©2024 TATA Consultancy Services Limited
- Privacy Notice
- Cookie Policy
- Disclaimer
- Security Policy
- California Notice at Collection
- Customize Cookies
What’s on your mind?
We’re here to help! Tell us what you’re looking for and we’ll get you connected to the right people.
Looking for something else?