Cognizant to Power ISS with Streamlined Finance and Accounting Business Process Services

By CIOReview | Tuesday, July 8, 2014

FREMONT, CA: ISS – a facility services provider, has selected Cognizant Technology Solutions to provide Finance and Accounting business process services for its business in the Nordic region. With this partnership, ISS looks forward to further optimize its finance processes and reduce costs.

Cognizant, that has comprehensive knowledge of business process automation, enterprise analytics and global delivery will implement its best services for ISS to reach business excellence.

Besides the facility services, ISS also provides property, , security , catering , support as well as cleaning services. It serves industry sectors such as healthcare, public administration, food and beverage, industry and manufacturing, pharmaceuticals, retail and wholesale, energy and resources, hotels, transportation and infrastructure.

"Our customers choose ISS as a strategic partner to take care of their facilities, help control business risks, create healthy and productive work environments, and support their business objectives so that they can focus on their core activities," says Christian Kofoed Jakobsen, Chief Financial Officer for ISS in the Nordics. "We selected Cognizant to support our important financial business processes because of its extensive experience and excellent track record in delivering value."

Cognizant on the other hand provides technology strategy consulting, IT services, outsourcing services, CRM and ERP solutions, supply chain management solutions, Business Intelligence, analytics services and solutions as well as cloud solutions and services.

"We are pleased that ISS has chosen us to implement a shared vision of best-in-class F&A services," says Vipul Khanna, Senior Vice President of Business Process Services at Cognizant. "Our solution integrates technology, analytics, industry best practices, and automation to create an F&A shared services environment that will not only drive process enhancement and stronger governance, but also use the resulting savings to fuel growth and innovation."