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WNS Partners with Brightview Senior Living for Digital Procurement Transformation

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Rhea-AI Summary

WNS has partnered with Brightview Senior Living to lead a digital procurement transformation project. This initiative aims to automate the purchasing process, enhancing operational efficiency and resource allocation at Brightview. The project will also leverage Ivalua’s spend management platform to improve budget management, invoice matching accuracy, and minimize reconciliation efforts. WNS's expertise in procurement and digital transformation was pivotal in securing this partnership. Brightview, known for its senior living communities, anticipates significant operational improvements from this collaboration.

Positive
  • WNS secured a strategic partnership with Brightview Senior Living.
  • The project aims to fully automate Brightview's end-to-end purchasing process.
  • Enhances operational efficiency and resource allocation for Brightview.
  • Leverages Ivalua’s spend management platform for better budget management.
  • Increases accuracy of invoice matching with purchase orders.
  • Minimizes reconciliation efforts for Brightview.
  • WNS is recognized as a leader in digital procurement transformation.
  • Potential for significant operational improvements for Brightview.
  • Enhances visibility into expenditures and budget management for Brightview.
  • Potential to drive bottom-line results for Brightview.
Negative
  • The press release lacks concrete financial metrics or timelines.
  • Possible risk of implementation delays or challenges.
  • Unclear immediate financial impact on WNS's revenue or earnings.

NEW YORK & LONDON & MUMBAI, India--(BUSINESS WIRE)-- WNS (Holdings) Limited (NYSE: WNS), a leading provider of global digital-led Business Process Management (BPM) solutions, today announced its partnership with Brightview Senior Living. WNS has been selected as the preferred design, implementation and integration partner for Brightview’s comprehensive digital procurement transformation project.

This new engagement will fully automate the end-to-end purchasing process, streamlining operations and enabling the allocation of key resources to higher value-added activities. The collaboration is designed to enhance visibility into Brightview’s expenditures and budget management, increase the accuracy of invoice matching with purchase orders, and minimize reconciliation efforts.

“Brightview’s selection of WNS Procurement for this transformative project will help drive tangible enhancements including both operational efficiency and procurement effectiveness. WNS Procurement will implement Ivalua’s leading spend management platform, focusing on delivering sustainable, digitally-led business improvements and bottom-line results for Brightview,” said Keshav R. Murugesh, Group CEO, WNS.

“We knew from the very beginning that WNS was the right partner for us. They took the time and dedication to fully understand our business and senior living and its various nuances. We are delighted to partner with WNS on this transformation journey,” said Tesh Patel, Director of Business Operations, Brightview Senior Living.

WNS Procurement is a market leader in procurement and supply chain advisory, managed services and digital transformation. It has the combined market differentiation of Denali, The Smart Cube and OptiBuy. Procurement teams of the Global 2000 across industries partner with WNS Procurement to become the top value creator in their business by implementing transformational operating models that are category-driven, insights-led and digitally enabled. We meet our clients where they are: assess, co-create and operate their end-to-end procurement ecosystem by implementing fully customized, next-generation operating models. Our solutions are powered by Artificial Intelligence (AI) and Human Intelligence (HI) – combining expert resources with leading digital technologies to help Procurement drive greater stakeholder value.

About Brightview Senior Living

Founded in 1999 and based in Baltimore, Brightview Senior Living operates 48 senior living communities across eight states on the East Coast. It’s known for its resort-style amenities, chef-prepared meals, enhanced infection control measures and unique wellness programs. Furthermore, Brightview is consistently recognized as an excellent workplace in the aging industry by Great Place To Work.

About WNS

WNS (Holdings) Limited (NYSE: WNS) is a leading Business Process Management (BPM) company. WNS combines deep industry knowledge with technology, analytics, and process expertise to co-create innovative, digitally led transformational solutions with over 600 clients across various industries. WNS delivers an entire spectrum of BPM solutions including industry-specific offerings, customer experience services, finance and accounting, human resources, procurement, and research and analytics to re-imagine the digital future of businesses. As of March 31, 2024, WNS had 60,125 professionals across 65 delivery centers worldwide including facilities in Canada, China, Costa Rica, India, Malaysia, the Philippines, Poland, Romania, South Africa, Sri Lanka, Turkey, the United Kingdom, and the United States.

For more information, visit www.wns.com or follow us on Facebook, Twitter, LinkedIn, and Instagram.

Safe Harbor Provision

This document includes information which may constitute forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, the accuracy of which are necessarily subject to risks, uncertainties, and assumptions as to future events. Factors that could cause actual results to differ materially from those expressed or implied are discussed in our most recent Form 20-F and other filings with the Securities and Exchange Commission. WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Investors:

David Mackey


EVP – Finance & Head of Investor Relations

WNS (Holdings) Limited

+1 (646) 908-2615

david.mackey@wns.com

Media:

Archana Raghuram


EVP & Global Head – Marketing & Communications

WNS (Holdings) Limited

+91 (22) 4095 2397

archana.raghuram@wns.com; pr@wns.com

Contact Brightview Senior Living:

Media:


aebsworth@bvsl.net

efletcher@bvsl.net

Source: WNS (Holdings) Limited

FAQ

What is the recent partnership between WNS and Brightview Senior Living about?

WNS has partnered with Brightview Senior Living for a digital procurement transformation project to automate their purchasing process and enhance operational efficiency.

How will WNS's partnership with Brightview Senior Living impact the latter?

The partnership aims to streamline Brightview's operations, improve budget management, and increase accuracy in invoice matching, thereby enhancing overall operational efficiency.

What technology will WNS use in its project with Brightview Senior Living?

WNS will implement Ivalua’s leading spend management platform for the digital procurement transformation at Brightview Senior Living.

What are the expected benefits of the WNS-Brightview partnership?

Expected benefits include enhanced visibility into expenditures, improved budget management, increased invoice matching accuracy, and minimized reconciliation efforts.

Who is WNS's latest partner for a digital procurement transformation project?

WNS's latest partner for a digital procurement transformation project is Brightview Senior Living.

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