Everest Group PEAK Matrix® for Finance & Accounting Outsourcing (FAO) Services 2024 Assessment

Auxis is honored to be recognized as a Major Contender for the second year in a row and a first-time Star Performer in Everest Group’s PEAK Matrix® Report 2024 for Finance and Accounting Outsourcing (FAO) Service Providers. Auxis also appears as a Major Contender for the second year on Everest Group’s 2024 PEAK Matrix® for Order-to-Cash (O2C) services. 

Last year, Auxis was the first company to enter the FAO PEAK Matrix® at the level of Major Contender; the Star Performer status underscores our continuing momentum and growth.

Widely considered a go-to source for obtaining unbiased insights to support critical selection decisions about FAO partners, the 2024 FAO PEAK Matrix® report found that recent macroeconomic events – such as surging inflation, recession, geopolitical instability, and high interest rates – have made enterprises more receptive to leveraging third-party providers for their finance functions. Everest Group recognized 33 companies as top FAO companies globally this year based on their market impact, vision, and capabilities.

Everest points to Auxis’ nearshore-centric delivery model from Latin America and tech-enabled outsourcing approach as critical factors in its recognition.

A key differentiator for Auxis is its nearshore-centric delivery model from Latin America, providing end-to-end F&A services, including finance and digital transformation, FP&A, and tailored industry-specific solutions.  

Furthermore, new strategic partnerships for platform-led O2C services, investments in techno-functional talent, and strong emphasis on flexibility, staff management, and relationship management have contributed to Auxis’ positioning as a Major Contender and Star Performer in Everest Group’s 2024 Finance and Accounting (FAO) Services PEAK Matrix® Assessment.”

Shirley Hung  
Partner

With over 25 years of shared services and finance transformation experience, Auxis is a nearshore pioneer in Latin America that offers a full suite of Procure-to-Pay (P2P), Order-to-Cash (O2C), Record-to-Report (R2R), Financial Planning & Analysis (FP&A), and industry-specific solutions like healthcare Revenue Cycle Management (RCM) for organizations in the Americas that are looking for a better alternative to traditional Asia-based models. Auxis combines top talent with the latest automation tools and industry best practices to help clients modernize and achieve peak performance in their finance operations.    

Get your complimentary copy of the Everest report to learn the latest trends in the finance outsourcing industry and why Auxis is a Star Performer and Major Contender.

Key Auxis Strengths Highlighted by Everest Group: 

• One of the few providers with a nearshore-centric delivery model from LATAM for finance and accounting (F&A) services, offering key benefits like proximity and the ability to address cultural nuances in operations. 
• Rich experience providing financial advisory and designing highly contextualized and customized F&A solutions for clients. 
• Strong digital transformation capabilities in key areas like digital maturity assessment and roadmap creation, system selection and implementation, and application and cloud migration. 
• Critical tech partnerships enabling end-to-end, platform-led F&A services. 
• Strong experience serving the F&A demand of North American organizations. 
• Strong industry-specific expertise and experience, including healthcare, retail, CPG, and BFSI (Banking, Financial Services & Insurance). 
• Clients highlight Auxis’ flexibility, staff management, and relationship management as key advantages.