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IRVING, Texas, June 30, 2022 (GLOBE NEWSWIRE) — Exela Technologies ( XELA, XELAP) ( XELAW), a leading and innovative provider of finance and accounting business process outsourcing solutions, has today announced that Exela Technologies has been positioned by Gartner® as a Niche Player in the Magic Quadrant for Finance and Accounting Business Process Outsourcing for its offering, M&A BPO Services. The assessment was based on specific criteria that analyzed the company’s overall completeness of vision and ability to execute.

Exela’s suite of Finance and Accounting (CAM) services is integrated with in-depth business analytics, helping finance managers modernize and automate their end-to-end F&A functions. Exela’s M&A professionals serve more than 3,400 global customers, across 15 verticals.

The Exela CAM Services suite integrates big data, digitization and modern technologies to transform the way the financial services industry operates. The future of finance and accounting will be driven by automation, contactless transactions, minimization of human interference, and data and information-driven decisions.

Magic Quadrant reports are the culmination of rigorous, fact-based research into specific markets, providing an overview of the relative positions of vendors in markets with high growth and distinct vendor differentiation. Vendors are categorized into four quadrants: Leaders, Challengers, Visionaries and Niche Players. Research allows you to get the most out of market analysis based on your unique business and technology needs.

View a free copy of the Magic Quadrant report to learn more about Exela Technology’s strengths and caveats, among other vendor offerings, at www.exelatech.com/.

Explore Exela’s CAM services and solutions here.

Gartner Disclaimer

Gartner, Magic Quadrant for Finance and Accounting Business Process Outsourcing, Sanjay Champaneri, Ashwani Gupta, June 27, 2022

Gartner and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its subsidiaries in the United States and internationally and are used herein with permission. All rights reserved.

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About Exela Technologies

Exela Technologies is a leader in business process automation (BPA), leveraging a global footprint and proprietary technology to deliver digital transformation solutions that improve quality, productivity and user experience final. With decades of experience operating mission-critical processes, Exela serves a growing list of more than 4,000 customers in 50 countries, including more than 60% of the Fortune® 100. Using core technologies spanning information management , workflow automation and integrated communications, Exela’s software and services include multi-industry and departmental solution suites addressing finance and accounting, human capital management and legal management, as well as industry-specific solutions for banking, healthcare, insurance and the public sector. With cloud-enabled platforms, built on a configurable stack of automation modules, and approximately 17,000 employees operating in 23 countries, Exela is rapidly deploying integrated technology and operations as an end-to-end digital travel partner. end.

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Forward-looking statements

Certain statements included in this press release are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally accompanied by words such as ” may”, “should”, “would”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “seem”, “seek”, “continue”, “future”, “will”, “expect”, “prospect” or other similar words, phrases or expressions. These forward-looking statements include statements about our industry, future events, estimated or expected future results and benefits, future opportunities for Exela, and other statements that are not historical facts. These statements are based on the current expectations of Exela’s management and do not constitute forecasts of actual performance. These statements are subject to a number of risks and uncertainties, including, without limitation, those discussed under “Risk Factors” in Exela’s Annual Report and other securities filings. movables. In addition, forward-looking statements provide Exela’s expectations, plans or forecasts regarding future events and views as of the date of such communication. Exela anticipates that subsequent events and developments will cause Exela’s ratings to change. These forward-looking statements should not be relied upon as representing Exela’s assessments as of any date subsequent to the date of this press release.

Investor and/or media contacts:

Vincent Kondaveeti
E : [email protected]

Mary Beth Benjamin
E : [email protected]

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