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  1. Home
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  3. EXL Finance and Accounting Business Process Outsourcing Services
Logo of EXL Finance and Accounting Business Process Outsourcing Services

EXL Finance and Accounting Business Process Outsourcing Services

byEXL
in Finance and Accounting Business Process Outsourcing
4.6
2025

Overview

Service Information on EXL Finance and Accounting Business Process Outsourcing Services

Updated 13th October 2025

What is EXL Finance and Accounting Business Process Outsourcing Services?

EXL Finance and Accounting Business Process Outsourcing Services is a service designed to support organizations in managing and optimizing their finance and accounting operations. The service covers a range of functions including accounts payable, accounts receivable, general ledger accounting, financial reporting, procurement, and expense management. It aims to streamline processes, improve accuracy, and enhance compliance with regulatory requirements. The service leverages automation, analytics, and digital tools to increase efficiency and provide insights for financial decision-making. It addresses challenges related to cost management, process standardization, and scalability for businesses seeking to improve their financial operations.

EXL Finance and Accounting Business Process Outsourcing Services Pricing

EXL Finance and Accounting Business Process Outsourcing Services offers a pricing model that typically aligns with volume-driven or transaction-based structures, where service fees are determined based on the scope, complexity, and scale of finance and accounting processes managed for the client. Custom pricing arrangements may be made, reflecting factors such as service duration, process automation levels, and specific business requirements.

Overall experience with EXL Finance and Accounting Business Process Outsourcing Services

Audit Manager
3B - 10B USD, Retail
FAVORABLE

“Long-Term Collaboration With EXL Highlights Both Operational Strengths And Growth Areas”

4.0
Dec 19, 2025
I have been working with EXL for the past 11 years. For the first six years, I was primarily a service user. Over the last 5 years, I have collaborated closely with senior leadership, focusing on governance and process transformation. During this time, I have served as the primary point of contact for senior management. Overall, my experience has been excellent.
SENIOR ASSOCIATE
3B - 10B USD, Finance (non-banking)
CRITICAL

“Potential service provider”

3.0
Aug 22, 2023
I had a nice overall experience. They should put more effort into developing their ability to follow deadlines. Developing technological skills will be still another issue. Overall, they are moving in the right direction but still have a long way to go to achieve the client's expectations.

Badges

Gartner Peer Insights recognizes vendors who meet or exceed both the market average Overall Experience and the market average User Interest and Adoption score through a Customers’ Choice distinction.
2025
For Market:
Finance and Accounting Business Process Outsourcing

About Company

Company Description

Updated 25th July 2024

EXL is a data analytics and digital operations and solutions company. It partners with clients using a data and AI-led approach to reinvent business models, drive better business outcomes and unlock growth with speed. EXL harnesses the power of data, analytics, AI, and deep industry knowledge to generate insights from data and deliver outcomes for the world’s leading corporations in industries including insurance, healthcare, banking and financial services, media and retail, among others. Recognizing that businesses have unique needs, cultures, goals, and existing technological set-ups, EXL emphasizes collaboration and flexibility in its approach. EXL also aids in the scaling of AI, Generative AI and digital usage, redesigning operating models for added efficiency, and facilitating quicker, more effective decision-making. EXL looks into the entire value chain of a business to integrate impactful strategies and deliver successful outcomes that align with the goals of the business.

Company Details

Updated 26th February 2025
Company type
Public
Year Founded
1999
Head office location
New York, United States
Number of employees
10001+
Annual Revenue
1B-3B USD
Website
http://www.exlservice.com

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Key Insights

A Snapshot of What Matters - Based on Validated User Reviews

User Sentiment About EXL Finance and Accounting Business Process Outsourcing Services
Reviewer Insights for: EXL Finance and Accounting Business Process Outsourcing Services
Deciding Factors: EXL Finance and Accounting Business Process Outsourcing Services Vs. Market Average
Performance of EXL Finance and Accounting Business Process Outsourcing Services Across Market Features

EXL Finance and Accounting Business Process Outsourcing Services Likes & Dislikes

Like

Over the years, the key strengths I've observed are: Listening and understanding client needs - consistently ensuring solutions align the expectations Flexibility - adapting quickly to changing requirements and priorities Ownership - taking responsibility for tasks and driving them to completion Innovation - introducing process improvements and offering new ideas for transformation

Like

Availability, punctuality and the eagerness to learn

Like

Open and transparent working relationship, with a consistent track record over the past 3 years of achieving exceptional results with high quality/controls.

Dislike

Areas for Further improvements are: Take more initiative on processes - proactively identify opportunities for improvement and lead change where possible Enhance communication skills for processors - ensure clarity and timeliness in all interactions Highlight gaps promprtly - raise issues as soon as they ar eidentified to avoid delays and ensure smooth operations

Dislike

Technical expertise, Flexibility and the Communication

Dislike

Although we have been able to realize some incremental process improvements over the years, larger, truly transformative solutions have proven to be a challenge, along with unlocking new and improved value adding insights via analytics.

Top EXL Finance and Accounting Business Process Outsourcing Services Alternatives

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1. Genpact Finance and Accounting Business Process Outsourcing Services
4.6
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2. Accenture Finance and Accounting Business Process Outsourcing Services
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3. Capgemini Finance and Accounting Business Process Outsourcing Services
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View All Alternatives

Peer Discussions

EXL Finance and Accounting Business Process Outsourcing Services Reviews and Ratings

4.6

(84 Ratings)

Rating Distribution

5 Star
63%
4 Star
36%
3 Star
1%
2 Star
0%
1 Star
0%
Why ratings and reviews count differ?

Customer Experience

Evaluation & Contracting

4.6

Planning & Transition

4.6

Delivery & Execution

4.7

Service Capabilities

4.6

Filter Reviews
Sort By:
Most helpful
Last 12 Months
Star Rating
Reviewer Type
Reviewer's Company Size
Reviewer's Industry
Reviewer's Region
Reviewer's Job Function
  • Audit Manager
    1B-10B USD
    Retail
    Review Source

    Long-Term Collaboration With EXL Highlights Both Operational Strengths And Growth Areas

    4.0
    Dec 19, 2025
    I have been working with EXL for the past 11 years. For the first six years, I was primarily a service user. Over the last 5 years, I have collaborated closely with senior leadership, focusing on governance and process transformation. During this time, I have served as the primary point of contact for senior management. Overall, my experience has been excellent.
  • VP, FINANCE
    10B+ USD
    Insurance (except health)
    Review Source

    Trusted business partner with a proven track record for driving and sustaining improved results.

    4.0
    Jan 8, 2026
    Overall EXL is achieving all-time best results for the assigned services. They maintain a focus on transformation, automation, and analytics but have limited significant tangible value adding benefits achieved to date.
  • Director of Finance
    10B+ USD
    Insurance (except health)
    Review Source

    Trusted Partner in Our Finance & Accounting Operations

    4.0
    Jan 7, 2026
    Our EXL F&A team has been an absolute pleasure to work with. Their team's expertise in F&A process, accounting, financial planning & compliance is unmatched. What truly sets them apart is their people - a talented and passionate group that embodies collaboration, proactivity and a relentless drive to exceed expectations with great leaders who understand our organization’s vision. From streamlining our processes to providing insightful guidance, they've been a true extension of our team, helping us navigate complex landscapes, explore new automations and drive sustainable growth.
  • Chief Operating Officer
    1B-10B USD
    Insurance (except health)
    Review Source

    Attention to detail and Domain Expertise Praised, While Time Differences Pose Minor Challenge

    5.0
    Jan 7, 2026
    The onboarding, domain expertise and overall flexibility of the service has been outstanding. The EXL team has been very accommodating as our business model and target operating model have changed. They have stood by our side, deployed one of their A+ employees, even though we have deployed less resources than expected.
  • FINANCE MANAGER
    <50M USD
    Manufacturing
    Review Source

    AI Templates Enhance Customer Communication But Require Complex Setup Process

    5.0
    Oct 27, 2025
    The program is easy to use and saved a lot of time that was dedicated to collections.
...
Showing Result 1-5 of 84

Recommended Gartner Research

  • Critical Capabilities for Finance and Accounting Business Process Outsourcing
  • Magic Quadrant for Finance and Accounting Business Process Outsourcing

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