WNS to acquire Denali

#WNS (Holdings) Limited (WNS) (NYSE: WNS) has entered into a definitive agreement on Jan 10, 2017, to acquire #Denali Sourcing Services (Denali), a leading provider of strategic procurement BPM solutions.

Denali delivers high-end global sourcing and procurement services to some of the world’s leading brands in the High-Tech, Retail/CPG, Banking and Financial Services, Utilities, and Healthcare verticals.

Denali provides comprehensive Source-to-Contract (S2C) solutions, including Category Management, Strategic Sourcing, Contract and Supplier Management, and Spend Analytics.

Denali Sourcing Services has built a proprietary smart technology system to perform spend analytics, and a procurement value management and tracking platform called SmarTrak.

Additionally, Denali Sourcing Services has developed Denali Academy, an industry-leading training platform designed to enable strategic procurement capabilities for clients.

Focused solely on procurement, Denali has pioneered “sourcing as a service” in a technology-agnostic capacity, and currently manages over US$30 billion in spend on behalf of over 25 clients via a multi-location global delivery network. Over 90 per cent of Denali’s revenue is recurring in nature, and over 95% of revenue is derived from clients in the United States. fii-news.com