BPO services firm Genpact today said it has signed a multi-year contract with US-based branded foods major The Hillshire Brands Company to run its finance and accounting (F&A) operations.
Financial details of the deal were not disclosed.
"Under the terms of the agreement, Genpact will help Hillshire Brands transform and run F&A operations including accounts payable, accounts receivable, general accounting, master data, payroll, procurement operations support and inventory control," Genpact said in a statement.
The firm will also support Hillshire Brands' financial team with technical application platform operations, in addition to providing analytics and process re-engineering services to support the overall partnership, it added.
"Our F&A process expertise combined with analytics and technology will allow Hillshire Brands to streamline and adapt their operations for their business needs, today and tomorrow," Genpact Senior VP (Consumer Goods, Retail and Life Sciences) B K Kalra said.
Hillshire Brands, which posted sales of USD 4 billion in 2013, employs over 9,000 people and its portfolio includes brands like Jimmy Dean, Ball Park, Hillshire Farm, State Fair, Sara Lee frozen bakery, Chef Pierre pies, etc.
