NEW YORK, Nov. 11, 2014 (GLOBE NEWSWIRE) -- EXL (Nasdaq:EXLS), a leading business process solutions company, today announced it has been named a leader in the transportation management segment of the "2014 HfS Blueprint Report: Supply Chain Management BPO," published by HfS Research.
EXL is one of five companies recognized for innovation in transportation management. Two key EXL differentiators noted in the report were RevLift, a proprietary analytics algorithm that uses triangulation techniques to reduce revenue leakage, and the Freight Invoice Payment System (FIPS), EXL's robust workflow that integrates customers, carriers and service providers into a single solution that analyses the many variables affecting freight costs. Flexible pricing, continuous operational improvements and analytics capabilities were also noted as strengths.
"We're honored to be recognized as a leader in transportation management in this year's SCM BPO blueprint report," said Pradeep Vachani, Senior Vice President of Travel, Transportation and Logistics for EXL. "Our goal is to help drive efficiency and increase profitability by supporting and managing supply chain processes for carriers, shippers and logistics providers. Reports such as this validate the work we are doing at EXL."
The report evaluated 13 major supply-chain management BPO providers and identified relevant differentiators between service providers in two main categories: innovation and execution.
"EXL is strong across reference clients, resources and supporting technologies in the transportation vertical," wrote Charles Sutherland, EVP, HfS Research. "EXL has a breadth of transportation domain experts on their team including naval officers and former vessel operators. EXL has also developed in-house tools such as RevLift and FIPS for the transportation industry."
EXL's supply chain management services reduce operating expenses, improve efficiency and increase competitiveness for leading transportation, logistics, and supply chain management companies. EXL supports four of the top 15 trucking companies in the United States, with end-to-end solutions that include logistics procurement, rate/tariff databases, freight management, invoicing and auditing, claims management, customer support and collections, after-market parts supply chains, and analytics.
Based in Czech Republic, India and Philippines, EXL's global Logistics and Supply Chain Centers of Excellence support a dozen languages including Chinese, English, French, German, Italian, Russian and Spanish. For more information about EXL's supply chain management services, click here.
About HfS Research
HfS Research is the leading independent global analyst authority and knowledge community for the business and IT services industry. HfS serves the research and strategy needs of business and IT operations leaders across finance, supply chain, human resources, marketing, customer management, and core industry functions. HfS provides detailed and thoughtful analyst coverage of the various areas that impact successful business outcomes, namely, process automation and outsourcing, global business services frameworks, mobility, analytics, and social collaboration. HfS also focuses heavily on talent acquisition, development, and motivation strategies. HfS applies its acclaimed crowdsourced Blueprint Methodology™ to evaluate the performance of service providers in terms of innovating and then executing against those business outcomes. For more information, visit www.hfsresearch.com.
EXL (Nasdaq:EXLS) is a leading business process solutions company that looks deeper to drive business impact through integrated services and industry knowledge. EXL provides operations management, decision analytics and technology platforms to organizations in insurance, healthcare, banking and financial services, utilities, travel, and transportation and logistics, among others. We work as a strategic partner to help our clients streamline business operations, improve corporate finance, manage compliance, create new channels for growth and better adapt to change. Headquartered in New York and in business since 1999, EXL has more than 23,000 professionals in locations throughout the U.S., Europe and Asia. For more information, visit www.exlservice.com.
CONTACT: Media Contact: Michael Sherrill Vice President Marketing 646-419-0778 email@example.comSource:ExlService Holdings, Inc.