Genpact Launches AI-Powered Finance Data Hub on Databricks Platform

Curated by THEOUTPOST

On Tue, 22 Oct, 12:03 AM UTC

3 Sources

Share

Genpact introduces a new Finance Data Hub powered by Databricks, offering AI-driven solutions to help CFOs and finance teams access reliable data faster, enhancing decision-making and operational efficiency.

Genpact Unveils AI-Powered Finance Data Hub

Genpact, a global professional services firm, has introduced its new Finance Data Hub, leveraging the Databricks Data Intelligence Platform to revolutionize financial data management 1. This AI-driven solution aims to provide Chief Financial Officers (CFOs) and their teams with faster access to accurate data, enhancing decision-making processes and operational efficiency.

Addressing Data Fragmentation Challenges

Riju Vashisht, Chief Growth Officer at Genpact, highlighted the common challenge faced by finance leaders: fragmented data hindering the delivery of actionable insights. The Finance Data Hub addresses this issue by unifying financial information, improving data quality, trust, and auditability 2. This consolidation allows finance teams to prioritize strategic decision-making and realize the true value of their data through advanced technologies and industry expertise.

Key Features and Benefits

The Finance Data Hub consolidates both structured and unstructured data, including contracts across various financial domains such as operations, supply chain, financial planning, tax, and treasury. Built on the Databricks lakehouse foundation, the platform offers:

  1. Near real-time access to clean, reliable data
  2. Advanced analytics and AI-driven insights
  3. Robust governance and simplified compliance
  4. Enhanced productivity for finance teams
  5. Improved adaptability to market changes

These features empower CFOs to manage spend, cash flow, and profitability more effectively 3.

Collaboration with Databricks

Barry Dauber, Vice President of GenAI GTM at Databricks, emphasized the importance of clean, accurate, and accessible data in building AI systems. The partnership between Genpact and Databricks enables finance professionals to leverage AI and machine learning, optimizing performance, enhancing forecasting capabilities, and ensuring compliance with evolving regulations 1.

Genpact's Expertise and Vision

With over two decades of experience, Genpact positions itself as a trusted partner for global enterprises, offering comprehensive finance and accounting (F&A) solutions. The company's services range from transactional processing to advanced analytics and AI-driven insights, helping CFOs and finance teams unlock the full potential of their financial data 2.

The introduction of the Finance Data Hub on the Databricks Data Intelligence Platform showcases Genpact's commitment to innovation and its goal of helping finance leaders transform their operations to stay competitive in a rapidly evolving business landscape 3.

Continue Reading
Genpact Hosts AI Day 2024: Industry Leaders Explore the

Genpact Hosts AI Day 2024: Industry Leaders Explore the Future of AI Innovation

Genpact, a global professional services firm, hosted AI Day 2024 in New York City, bringing together clients and partners to discuss the latest advancements in AI and its practical applications in business.

DIGITAL TERMINAL logoCXOToday.com logo

2 Sources

DIGITAL TERMINAL logoCXOToday.com logo

2 Sources

Genpact and AWS Forge Strategic Partnership to Accelerate

Genpact and AWS Forge Strategic Partnership to Accelerate AI Adoption Across Industries

Genpact and Amazon Web Services announce a multi-year collaboration to simplify AI adoption, empowering business leaders beyond IT to leverage AI technologies for innovation and value creation.

Seeking Alpha logoBenzinga logoCXOToday.com logo

3 Sources

Seeking Alpha logoBenzinga logoCXOToday.com logo

3 Sources

Genpact Achieves AWS Generative AI Competency,

Genpact Achieves AWS Generative AI Competency, Strengthening Its AI Capabilities

Genpact, a global professional services firm, has achieved the AWS Generative AI Competency in Consulting Services, enhancing its ability to implement generative AI solutions at scale for clients.

CXOToday.com logoInvesting.com UK logoBenzinga logo

3 Sources

CXOToday.com logoInvesting.com UK logoBenzinga logo

3 Sources

Genpact Launches Agentic Solutions for Domain-Specific AI,

Genpact Launches Agentic Solutions for Domain-Specific AI, Starting with Accounts Payable

Genpact introduces Service-as-Agentic-Solutions, leveraging domain-specific AI to transform business operations. The initiative aims to accelerate innovation and enhance AI-driven service delivery, with the first solution targeting accounts payable processes.

Economic Times logoCXOToday.com logo

2 Sources

Economic Times logoCXOToday.com logo

2 Sources

Genpact Recognized as Leader in Insurance Business Process

Genpact Recognized as Leader in Insurance Business Process Transformation, Leveraging AI Innovations

Genpact has been named a Leader in Avasant's 2024 Insurance Business Process Transformation RadarView report, highlighting its expertise in AI-driven insurance transformations that enhance agility and competitiveness.

Investing.com UK logoBenzinga logo

2 Sources

Investing.com UK logoBenzinga logo

2 Sources

TheOutpost.ai

Your one-stop AI hub

The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.

Ā© 2025 TheOutpost.AI All rights reserved