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TCS Cognix™ empowers finance organizations by driving autonomous, AI-led operations that align with strategic CFO imperatives. With its deep domain knowledge, contextual knowhow and technology expertise, TCS transforms finance organizations into strategic engines for enterprise growth, financial agility and sustained profitability.
NEW YORK | MUMBAI, November 7, 2025: Tata Consultancy Services (TCS) has been identified as a Leader in Everest Group’s PEAK Matrix® for Finance and Accounting Outsourcing (FAO).
According to the report, “TCS is one of the few F&A providers with rich experience in executing large, multi-tower, and integrated IT and BPO engagements with strong expertise and experience across the end-to-end F&A value chain. It has developed multiple pre-built and configurable digital solutions across the F&A value chain such as a financial close accelerator, ideation portal, and scenario and forecasting models to accelerate time-to-value for its clients.”
The report states that TCS has strengthened its AI / generative AI capabilities by partnering with technology vendors and embedding generative AI features in its existing solutions across financial planning, vendor helpdesk, and month-end close. “It (TCS) continues to invest in enhancing TCS Cognix for Finance, an AI-driven human-machine collaboration suite, by leveraging an ecosystem of pre-built modular assets and to accelerate its client’s transformation journeys,” it further added.
“CFOs today are championing future-ready finance organizations that serve as strategic engines for enterprise growth, financial agility and sustained profitability through data-driven insights and intelligent decision-making. At TCS, we enable this transformation through Cognix™, which drives autonomous finance operations tailored to evolving business needs. Our continued investments in advanced technologies, including GenAI and Agentic AI, are helping finance leaders harness next-level capabilities to reimagine their end-to-end operating models,” said Ashok Pai, Senior Vice-President and Global Head, Enterprise Cognitive Business Operations, TCS. “This recognition reflects our commitment to supporting CFOs in achieving their most critical imperatives through innovation and intelligent operations.”
TCS offers a comprehensive suite of offerings across the finance value chain. It helps organizations revolutionize their finance and accounting operations spanning across procure-to-pay, order-to-cash, record-to-report with technologies like automation, AI, Gen AI, advanced analytics, and cloud to significantly improve their efficiency, speed, and compliance. Its AI-led strategic finance offerings like financial planning and analysis, cash and liquidity management, and taxation equip enterprises with data-driven decision-making for enhanced resilience and financial performance.
TCS also provides a host of industry-specific finance and accounting services like trust and equity accounting for financial services, revenue cycle management for healthcare, passenger and cargo revenue accounting for travel and transportation, store accounting for retail, and meter to cash for utilities, to cater to the inherent accounting nuances and needs of various industry domains. It advises and supports CFOs in their broader ESG imperatives with services like ESG reporting framework design, ESG data benchmarking, Insights for carbon emission reduction, and adoption of carbon neutral finance strategies.
TCS brings in a unique approach to clients’ finance transformation needs by combining its advisory, technology and operations expertise, well-supported by its contextual know-how, strong digital and partner ecosystem and future-ready talent pool.
TCS Cognix™ for Finance, an AI-driven human-machine collaboration suite, is at the heart of this transformation approach. It offers a customized, fit-for-purpose transformation approach aligned to the business dynamics and operations maturity of enterprises. The transformation journey enabled through Cognix™ powered maturity assessment tools and frameworks delve into process discovery and analysis along with benchmarking of operational metrics with best-in-class industry standards and peers. It is then followed up with recommended digital solutions to track and improve metrics on an on-going basis. Cognix™ offers a library of pre-built digital solutions across the finance value chain that are built using multiple technologies like AI, GenAI, analytics and automation. These solutions can be easily deployed into the client environment for accelerated value realization.
“TCS has strengthened its F&A transformation services through investments in its orchestration platform, TCS Cognix™, embedding generative and agentic AI capabilities across F&A modules and integrating multiple industry-specific functionalities,” said Shirley Hung, Partner, Everest Group. “Its consulting-led approach, supported by advisory services for CFO and GBS needs, including process reimagination services for agentic AI, a strong technology ecosystem with AI partnerships, and deep industry-specific expertise, positions it as a reliable partner for end-to-end F&A transformation. These capabilities, combined with its experience in multi-tower and IT-integrated engagements, ESG offerings, and strong client recognition for having customer centricity and operational excellence, have cemented TCS’ position as a Leader in Everest Group’s 2025 Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment.”
Disclaimer: Licensed extracts taken from Everest Group’s PEAK Matrix® Reports, may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their positioning. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.
About Everest Group: Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions, look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.