Datamatics Secures Major Contender Status in Everest Group's FAO Assessment for 6th Consecutive Year

2 min read     Updated on 23 Sept 2025, 12:38 PM
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Shriram ShekharScanX News Team
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Overview

Datamatics Global Services has been named a Major Contender in Everest Group's Finance and Accounting Outsourcing PEAK Matrix® Assessment 2025 for the sixth consecutive year. The company improved scores in Market Impact and Vision & Capabilities categories, and was classified as a Tier 1 player in IT+ BPS. Datamatics' success is attributed to its AI-driven FINATO platform, which integrates key financial processes. Strategic partnerships with Microsoft and Google have enabled advanced AI-powered solutions. The company's focus on SMB and mid-market clients, particularly in Manufacturing, was noted. Datamatics continues to be recognized among top global vendors for Finance & Accounting by industry analysts.

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*this image is generated using AI for illustrative purposes only.

Datamatics Global Services has achieved a significant milestone in the finance and accounting outsourcing (FAO) sector, as revealed in a recent press release. The company has been recognized as a Major Contender by Everest Group in its Finance and Accounting Outsourcing PEAK Matrix® Assessment 2025, marking the sixth consecutive year of this achievement.

Improved Performance and Recognition

Datamatics has demonstrated notable progress in this year's assessment, improving its scores in both Market Impact and Vision & Capabilities categories. This advancement underscores the company's growing influence and expertise in the FAO sector. Additionally, Everest Group has classified Datamatics as a Tier 1 player within the IT+ BPS (Business Process Services) category, further solidifying its position in the industry.

FINATO: Driving Datamatics' Success

At the heart of Datamatics' recognition is its FINATO platform, a comprehensive digital suite that leverages artificial intelligence to transform finance operations. FINATO integrates key financial processes, including:

  • Procure-to-Pay (P2P)
  • Order-to-Cash (O2C)
  • Record-to-Report (R2R)
  • Travel & Expense (T&E)
  • Contract Management
  • Financial Planning & Analysis (FP&A)

The platform's AI-driven enhancements across various modules have been highlighted as a key strength in the Everest Group assessment.

Strategic Partnerships and AI Integration

Datamatics has fortified its position through strategic partnerships with Microsoft and Google. These collaborations have enabled the company to develop advanced AI-powered solutions, including:

  • AI-enabled collections
  • Predictive insights
  • Low-code/no-code UI with mobile access
  • AI-powered vendor evaluation and shortlisting
  • Automated invoice data extraction

Industry Focus and Client Base

The assessment particularly noted Datamatics' strong experience in serving small and medium-sized businesses (SMB) and mid-market clients, with a pronounced focus on the Manufacturing industry. This specialized approach has contributed to the company's success in the FAO sector.

Executive Insights

Navin Gupta, EVP & Head of Digital Operations at Datamatics, commented on the achievement: "Our inclusion in the FAO PEAK Matrix® Assessment 2025, for the sixth year in a row, shows Datamatics' strong focus on innovation and client success. We bring together our AI-powered Intelligent Automation platforms and deep domain expertise to deliver scalable, productized, and AI-driven solutions that connect well with customers worldwide."

Gupta also emphasized the company's commitment to future innovations, stating, "Going forward, we will continue to empower clients with advanced digital finance solutions that drive growth, improve efficiency, and create measurable business impact."

Industry Recognition

Datamatics' consistent performance in the FAO sector has not gone unnoticed. The company is regularly ranked among the top 10 global vendors for Finance & Accounting by leading industry analysts, cementing its status as a key player in the field.

As businesses continue to seek efficient and intelligent solutions for their financial operations, Datamatics' latest recognition in the Everest Group FAO PEAK Matrix® Assessment 2025 positions the company as a strong contender in the evolving landscape of finance and accounting outsourcing.

Historical Stock Returns for Datamatics Global Services

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Datamatics Global Services Completes De-registration of UAE Subsidiary

1 min read     Updated on 25 Aug 2025, 07:43 PM
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Reviewed by
Jubin VergheseScanX News Team
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Overview

Datamatics Global Services Limited has successfully deregistered its wholly owned subsidiary, Datamatics Technologies FZ-LLC, from the Ras Al Khaimah Economic Zone Authority in the UAE. The deregistration was completed on August 24, 2025, and the company ceased to be a subsidiary from the same date. Datamatics received official notification on August 25, 2025, and promptly disclosed this information to the stock exchanges in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Datamatics Global Services Limited has announced the successful de-registration of its wholly owned subsidiary, Datamatics Technologies FZ-LLC, from the Ras Al Khaimah Economic Zone Authority in the United Arab Emirates.

Key Details of the De-registration

  • Completion Date: The de-registration process was completed on August 24, 2025.
  • Effective Date: Datamatics Technologies FZ-LLC ceased to be a subsidiary of Datamatics Global Services Limited from August 24, 2025.
  • Notification Received: The parent company received official notification of the completed de-registration on August 25, 2025, at 12:26 P.M. (IST).

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Datamatics Global Services Limited promptly disclosed this information to the stock exchanges. The company filed the necessary intimation with both the BSE Limited and the National Stock Exchange of India Limited on August 25, 2025.

Impact on Corporate Structure

The de-registration of Datamatics Technologies FZ-LLC marks a change in the corporate structure of Datamatics Global Services Limited. This move could be part of the company's strategy to streamline its operations or realign its international presence.

Investors and stakeholders of Datamatics Global Services Limited should note this development as it may have implications for the company's future financial reports and operational structure.

Historical Stock Returns for Datamatics Global Services

1 Day5 Days1 Month6 Months1 Year5 Years
-2.57%-3.56%-12.60%+34.77%+37.36%+1,090.37%
Datamatics Global Services
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