Genpact’s Global Delivery and Process Improvement Methods to Increase
Efficiency of Chemical Manufacturer’s Accounts Payable Operations
Genpact (NYSE:G), a leader in the globalization of services and
technology and a pioneer in managing business processes for companies
around the world, today announced that it has been awarded a five year
contract to provide global accounts payable services to Huntsman’s
operations across Europe, North America and Asia Pacific. Terms of the
contract were not disclosed.
Russell Healy, Huntsman VP and Controller, said, “In partnering with
Genpact, Huntsman will be able to leverage best-of-breed process
improvement methods to provide quality accounts payable services
delivered with state-of-the-art technology at a significantly reduced
cost. We are convinced that working with Genpact is an important step
towards maintaining our cost competitiveness."
Pramod Bhasin, Genpact President and CEO, commented, “We are thrilled to
have been selected by Huntsman and look forward to a long-term
relationship that grows to meet their evolving needs.”
About Genpact
Genpact is a leader in the globalization of services and technology and
a pioneer in managing business processes for companies around the world.
The company combines process expertise, information technology and
analytical capabilities with operational insight and experience in
diverse industries to provide a wide range of services using its global
delivery platform. Genpact helps companies improve the ways in which
they do business by applying Six Sigma and Lean principles plus
technology to continuously improve their business processes. Genpact
operates service delivery centers in China, Guatemala, Hungary, India,
Mexico, Morocco, the Netherlands, the Philippines, Poland, Romania,
Spain and the United States. For more information, see our website at: www.genpact.com.
About Huntsman
Huntsman is a global manufacturer and marketer of differentiated
chemicals. Its operating companies manufacture products for a variety of
global industries, including chemicals, plastics, automotive, aviation,
textiles, footwear, paints and coatings, construction, technology,
agriculture, health care, detergent, personal care, furniture,
appliances and packaging. Originally known for pioneering innovations in
packaging and, later, for rapid and integrated growth in petrochemicals,
Huntsman today has more than 12,000 employees and operates from multiple
locations worldwide. The Company had 2008 revenues exceeding $10
billion. For more information about Huntsman, please visit the Company’s
website at: www.huntsman.com.
Genpact (India/Asia)
Anita Trehan
+91 (98) 1110
0223
anita.trehan@genpact.com
or
For
Genpact
Adam Pratt
+1-202-223-4933
apratt@stantoncomm.com
or
For
Huntsman
Russ Stolle
+1-281-719-6624
russ_stolle@huntsman.com