Exela Technologies Places in Gartner® Magic Quadrant™ for Finance and Accounting Business Process Outsourcing

Exela recognized for Completeness of Vision and Ability to Execute

IRVING, Texas, May 15, 2023 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela” or the “Company”) (NASDAQ: XELA, XELAP), a global business process automation (“BPA”) leader, today announced that Exela has been positioned by Gartner® as a Niche Player in the Magic Quadrant for Finance and Accounting Business Process Outsourcing.

Exela Technologies has recently been acknowledged for its comprehensive vision and strong execution in the field of finance and accounting business process outsourcing, as illustrated by its placement as a Niche Player in Gartner’s prestigious Magic Quadrant. This recognition is a testament to Exela’s commitment to innovation and excellence in providing BPA solutions to its clients.

The Impact on Individuals:

For individual clients of Exela Technologies, this recognition signifies a high level of assurance in the company’s capabilities and expertise in finance and accounting BPA. This can translate to more efficient processes, improved accuracy, and enhanced overall performance in financial operations for their businesses.

The Global Impact:

Exela’s recognition in the Gartner Magic Quadrant also has broader implications for the global business process outsourcing industry. As a Niche Player, Exela’s innovative approach and proven track record can drive industry standards and inspire competitors to elevate their offerings, ultimately benefiting the entire market through increased efficiency and effectiveness.

Conclusion:

In conclusion, Exela Technologies’ placement in the Gartner Magic Quadrant for Finance and Accounting Business Process Outsourcing is a testament to the company’s commitment to excellence and innovation in the BPA industry. This recognition not only validates Exela’s capabilities but also has the potential to positively impact individual clients and the global market as a whole.