Our procurement offering takes an enterprise view of an organization’s indirect spend. EXL takes a consultative approach to assess and categorize spend, analyze suppliers, monitor agreements and terms, and manage compliance throughout the organization. These strategic procurement outsourcing activities result in decreased spend, successful and efficient tactical execution of accounts payable is critical to ensure an optimized function.

Our Procurement Analytics Services provides effective spend management, sourcing strategy, and purchasing operations designed to improve the efficiency of our client’s spend. Our offerings help our clients gain insight into their current indirect spends through consolidation and analysis of company-wide purchasing data. Armed with such spend intelligence, we partner with our clients to develop a sourcing strategy that promises to deliver savings, efficiencies, and improve service levels.

Central to our approach is the optimization of suppliers. We research the best sources with the lowest price points, and work with our clients to improve and manage supplier agreements and terms. Improved procurement can be achieved through a number of services including online sourcing events, request for proposal management, spot sourcing, and e-Catalog design and administration.

Compliance is always an integral part of any successful procurement program. We bring proven best-practices that help to manage and eliminate maverick spending, and continuously push data to client leadership so as to ensure insight into ongoing spend.

Organizations benefit not only from bottom-line savings, but also from improved service levels, stronger supplier relationships, and improved efficiency of people and resources.

Our Procurement offerings include:

Research & Analysis Data Collection,Normalization and Enrichment Spend Categorization, Spend Mapping Spend Data Analysis Sourcing Opportunity Identification Low Cost Country (LCC) Sourcing Research Competitive Landscape Research

Strategy Best Practices Review Category Management Supplier Relationship Management Sourcing Program Design Strategy Articulation & Rollout

Strategic Sourcing Gather and Confirm End User Requirements Supplier Discovery / Selection / Rationalization RFI / RFQ / RFP Creation and Execution RFX Scorecarding Online Auction / Sourcing Event Development and Execution Contract Support

EXL’s Accounts Payable outsourcing solution optimizes operations through a combination of automation and process excellence and by deploying both enabling technologies – including document imaging, workflow, and e-Invoicing technologies – and skilled offshore resources. Our flexible and configurable web-enabled workflow application automates and manages the invoice coding and approval process, before exporting completed invoice data to our client’s ERP systems for payment. EXL’s solution helps companies to centralize and streamline the payable process, capture supplier discounts, improve cash management, and realize savings that fall directly to the bottom-line.

Most importantly, our outsourcing solution offers increased visibility and transparency into the AP function. With reporting at your fingertips, client management gains important intelligence that can be used within the larger source to pay cycle to manage terms with vendors, forecast cash flow, better manage profitability, improve compliance, and monitor customer service levels.

As with all of our services, our AP outsourcing offerings are entirely customized to each client’s needs.

Typical benefits include:

• Quick forecasting of daily cash outflow
• Real time invoice visibility from receipt to payment
• Easy retrieval of historical invoice payment and approval details – for research or audit purposes
• Identification of invoice/payment discrepancies and approval bottlenecks before they result in late payment penalties
• Improved and measurable productivity
• Guarantee that payment approval level policies are in place and followed
• Improved financial compliance and Sarbanes-Oxley controls
• Reduced processing management and oversight
• Savings of 30-60% over current AP costs
• Enhanced profitability

Our AP outsourcing offerings are entirely customized to each client’s needs.

Our Accounts payable offerings include:

Contract & Daily Operations Requisition Review Purchase Order Creation and Placement Policy Enforcement Order Expediting End User Assistance Spot Sourcing Contract Management Catalog Content Management

Invoicing & Payment Purchase Order Management Invoice Receipt and Reconciliation Imaging / Invoice Conversion Approval Routing Electronic Invoice Presentment and Payment Exception Handling Cash Disbursement Travel and Entertainment Processing Reconciliations PCard Program Management

Measure & Improve Savings Calculations Compliance Management Change Management Planning Training Development and Delivery Process Benchmarking eProcurement Readiness Assessment Electronic Catalog Creation

EXL’s payroll and benefits solutions address the finance and accounting related aspects of managing an organization’s workforce – including payroll, compensation accounting, benefits administration, and employee data administration.

We work to deliver solutions that minimize the inter-company handoffs between HR, Finance & Accounting, and Legal Counsel and implement the necessary procedures and policies to ensure management of risk. At the same time, we take steps to simplify the process for the employee and make employee data and information more readily available without compromising security and privacy. EXL’s solutions optimize the finance and accounting related Human Resources (HR) functions through process reengineering, automation, and the appropriate segregation of duties.

Many clients leverage our knowledge and experience to outsource payroll administration and other compensation programs, including stock option equity compensation and FAS 123R valuation. We are skilled in a range of ERP employee data management and payroll modules, as well as payroll systems such as ADP or Ceridian.

Our payroll and benefits offerings include:

Compensation Administration Payroll Payroll Tax Compliance Equity Compensation Accounting and Compliance Analytics Contact Center Reporting

Benefits Administration Carrier Enrollment Benefits Use Analysis Leave Administration Contact Center Reporting

Employee Data Administration Document Imaging Database Entry and Updates Contact Center Reporting