Wipro has launched its ‘Finance and Accounting Business-Process-as-a-Service’ (F&A BPaaS) solution for enterprises in partnership with NetSuite.

Wipro’s F&A BPaaS is built on the NetSuite platform, along with its process capabilities in finance and accounting, the company said in a statement.

The solution empowers customers to selectively manage and control their finance and accounting processes on a standardised platform, enables rapid implementation of business processes, improves compliance standards, and provides operational readiness, leading to significant cost savings, Wipro officials said.

Jeff Heenan-Jalil, Senior Vice-President & Global Head, Advanced Technologies & Solutions, Wipro, said: "As enterprises renew their focus on agile finance and accounting processes, there is an intensifying need in the market for a platform that can provide end-to-end F&A solutions in an ‘as-a-service’ model.''