QX Global Group recognized as a Leader in the 2023 SPARK Matrix for Finance, Accounting & BPO Services by Quadrant Knowledge Solutions

Posted on February 02, 2024

QX Global Group recognized as a Leader in the 2023 SPARK Matrix for Finance, Accounting & BPO Services by Quadrant Knowledge Solutions
  • The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Finance, Accounting & BPO vendors.
  • QX Global Group is a global consulting, digital technologies & intelligent automation, and business process management (BPM) services company that partners with organizations seeking to transform and optimize their business operations.

Ahmedabad, India; London, UK; and New Jersey, United States – 02 February 2024: QX Global Group, a global consulting, digital technologies & intelligent automation, and Business Process Management (BPM) services company, proudly announces its recognition as a “Leader” in the 2023 SPARK Matrix™ for Finance, Accounting & BPO Services by Quadrant Knowledge Solutions.

The Quadrant Knowledge Solutions’ SPARK Matrix™ includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading technology vendors in the form of its SPARK Matrix™. The study offers strategic information for users to evaluate different provider capabilities, competitive differentiation, and market position.

QX Global Group’s position as a leader in the FAO & BPO services market, is a testament to their distinct strengths and achievements in the sector:

  • QX Global Group is at the forefront of reinventing client operations and experiences, advancing its market position through the development of proprietary tools and a centre of excellence. The Group empowers innovation and maintains a competitive edge by leveraging in-house technology consultants, a robust tech partner ecosystem, and deep domain expertise, all within their comprehensive approach that includes Agile and advisory-led transformation principles.
  • The diversity of QX Global Group’s client portfolio reflects its adaptability and mastery in addressing diverse needs. This is achieved through a service offering that transcends traditional models, embracing a holistic approach that encompasses complete solutions from development to operation, characterized by agility, modularity, and frequent innovation.
  • At the heart of QX Global Group’s strategy is its future-focused roadmap, perfectly aligned with current industry trends and the paths of leading vendors. This strategic vision is supported by a Centre of Excellence (Automation CoE) that blends strategic consulting and intelligent automation with change management, ensuring that QX Global Group’s services not only meet but drive the business transformations of tomorrow.


“We are honoured by our recognition in the 2023 SPARK Matrix, a reflection of our commitment to excellence and innovation within the FAO sector. It serves as both a recognition of our past achievements and a catalyst for our continued efforts to revolutionize financial and accounting outsourcing services. Over the last two decades, our journey has been characterized by turning challenges into avenues for growth and efficiency for our clients. By harmoniously integrating advanced technologies with our skilled professionals, we have positioned ourselves as the preferred partner for businesses eager to transform their finance and accounting functions. This distinction in the SPARK Matrix underscores our dedication to not only meeting but exceeding the evolving needs of our clients”, said Mahesh Jain, CEO of QX Finance & Accounting Services.

According to Shivam Natani, Analyst at Quadrant Knowledge Solutions, “QX Global Group provides end-to-end Finance, Accounting & BPO services covering processes like procure-to-pay (P2P), record-to-report (R2R), order-to-cash (O2C), HRO (Payroll and HR support services), treasury, and financial planning & analysis (FP&A). QX Global Group specializes in combining database management and intelligent automation to deliver enhanced insights to its clients. QX Global Group Centre of Excellence (CoE) places a strategic focus on key areas like process improvement, cutting-edge technology services and managed services. This commitment extends to encouraging technological advancements and an innovative environment, ensuring a comprehensive approach to excellence. “Owing to QX Global Group’s overall sophisticated Finance, Accounting & BPO offerings, the strong value proposition for customers, and robust strategy and roadmap, the company has received strong ratings across the parameters of service excellence and customer impact and is positioned as a leader in the 2023 SPARK MatrixTM: Finance, Accounting & BPO” adds Shivam.

Quadrant Knowledge Solutions defines Finance and Accounting (F&A) Business Process Outsourcing (BPO) as the practice of outsourcing financial and accounting functions to a third-party service provider with a strategic emphasis on enhancing efficiency through the adoption of hyper automation-enabling technologies. It covers the management of the entire accounting process, offering users a comprehensive and technologically advanced approach to financial management and reporting thereby encouraging the digitalization of finance.

Read the full story:

  1. https://www.prnewswire.com/news-releases/qx-global-group-recognized-as-a-leader-in-the-2023-spark-matrixtm-for-finance-accounting–bpo-services-by-quadrant-knowledge-solutions-302051717.html
  2. https://noah-news.com/gb/en/business/2024/02/02/qx-global-group-excels-in-spark-matrix-assessment-for-fao-services

About QX Global Group

QX Global Group is a leading global consulting, digital transformation, and business process management (BPM) services company that partners with organizations seeking to transform and optimize their business operations. With a global workforce of over 3,250 passionate individuals across 21 Global offices in 12 countries, including 5 delivery centers in India and Mexico, they are dedicated to driving measurable outcomes for clients. By making businesses more profitable, efficient, and competitive, QX Global Group continues to lead the way in enabling business transformation worldwide.

For more information about QX Global Group visit here.

About Quadrant Knowledge Solutions

Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.

For more available research, please visit https://quadrant-solutions.com/market-research/

Media Contacts:

QX Global Group Contact:

Vishal Kurani

VP, Branding & Communications
Tel: +44 1756 703 258
Email: [email protected]

Quadrant Contact:

Mr. Ajinkya Ingle

Quadrant Knowledge Solutions
Regus Business Center35 Village Road, Suite 100,
Middleton Massachusetts 01949, United States

Email: [email protected]
Phone: (+1) 978-605-1066

Originally published Feb 02, 2024 10:02:55, updated Apr 11 2024

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