Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions organization, has been positioned as a leader in the Everest Group PEAK Matrixr for Finance and Accounting (F&A) Digital Augmentation Suite (DAS).

Cited as a strength is TCS' ecosystem of automation and analytics-driven solutions that spread across the entire F&A value chain. The report also highlights other key strengths including TCS' TRAPEZPM F&A platform that includes RPA, workflow, and analytics to drive end-to-end process, and enables touch-less processing.

"In a Business 4.0'M world, CFOs are reimagining the finance function, leveraging digital technologies such as artificial intelligence, machine learning, cloud, intelligent automation, and data analytics to improve outcomes, minimize enterprise risks, and ensure regulatory compliance in the F&A processes," said Ashok Pai, Vice President and Global Head, Cognitive Business Operations (CBO}, TCS. "This recognition in this assessment is a testament of our vision and strategy, innovation, strong portfolio of digital offerings, and our delivery capabilities."

Shares of the company gained Rs 0.5, or 0.02%, to trade at Rs 2,077.40. The total volume of shares traded was 16,952 at the BSE (12.22 p.m., Friday).