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Auxis Named Top FAO Company in 2025 ISG Provider Lens for Finance and Accounting Outsourcing (FAO) Services

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Auxis Named Top FAO Company in 2025 ISG Provider Lens for Finance and Accounting Outsourcing (FAO) Services
News

News

Auxis Named Top FAO Company in 2025 ISG Provider Lens for Finance and Accounting Outsourcing (FAO) Services

2025-11-06 00:31 Last Updated At:15:14

CHICAGO & FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Nov 5, 2025--

Auxis, a nearshore outsourcing pioneer and finance modernization leader, has been recognized as a top finance outsourcing company for the second year in a row in the2025 ISG Provider Lens™ for Finance and Accounting Outsourcing (FAO) Services.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251105753959/en/

Auxis – now part of Grant Thornton Advisors LLC (Grant Thornton Advisors) – was honored across every category, securing its first designation as a Product Challenger and the only Rising Star in Order-to-Cash (O2C), while also achieving Contender status in Invoice-to-Pay (I2P), Record-to-Report (R2R) and Tax Services, and Financial Planning & Analysis (FP&A). Auxis stands out further as one of only two providers awarded a Rising Star in the entire 2025 Lens – a designation ISG reserves for companies with rapid momentum, elevated impact, and potential to soon ascend to the Leader quadrant.

ISG’s recognition reinforces Auxis’ status as a top FAO provider globally, consistently distinguished by respected analysts and industry groups for its leadership in nearshoring and transformation. Auxis recently celebrated three consecutive years as a top FAO company in Everest Group’s FAO PEAK Matrix® and a decade on the Global Outsourcing 100® list, where it was named both a Leader and a Rising Star by the International Association of Outsourcing Professionals (IAOP).

“Auxis is honored to be recognized by ISG for the second consecutive year, earning elevated standing across multiple areas. We’ve long been the leader in finance nearshoring, delivering innovative, tech-enabled solutions that help our customers thrive in an era of constant disruption. Now, together with Grant Thornton Advisors, we are setting a new standard in FAO – blending advisory, technology, and world-class shared services into strategic partnerships that build smarter, future-ready organizations for our clients.”
– Raul Vega, CEO, Auxis.

Produced by leading global research and advisory firm, Information Services Group (ISG), the ISG FAO Provider Lens™ stands as one of the most trusted benchmarks for evaluating finance outsourcing providers worldwide. The 2025 report analyzes how AI-led transformation, greater industry specialization, and the rise of outcome-based engagement models are triggering “one of the most significant market shifts” in a decade: transitioning FAO from a cost-saving lever into a strategic enabler of unified, technology-led solutions that deliver lasting business value.

Leading this evolution is a new generation of providers combining execution strength with strategic advisory services, the report states – with Auxis joining Grant Thornton Advisors – a prime example.

“This recognition from ISG is exactly why we joined forces with Auxis. CFOs today need more than strategy, they need execution, innovation and results. Auxis delivers all three. Together, we’re helping finance leaders modernize, scale and embrace measurable impact. And with our multinational capabilities and century-long legacy in financial services, we’re positioned to drive end-to-end transformation that lasts.”
– Tom Puthiyamadam, Managing Partner for Advisory Services, Grant Thornton Advisors LLC.

Only 25 FAO providers were selected for each ISG Provider Lens™ category this year based on portfolio attractiveness and competitive strength.

ISG recognized Auxis as one of the only leading FAO companies with a nearshore-centric model – a key differentiator as North American finance leaders increasingly prioritize proximity, agility, and real-time collaboration. ISG cited Auxis’ “high-performing nearshore teams” as a significant “sweet spot” for its services – combining the advantages of Latin America outsourcing with nearly 30 years of finance transformation expertise to mitigate talent shortages, achieve quick deployment, and successfully deliver more complex, time-sensitive, or high-touch processes.

ISG also pointed to Auxis’ advanced digital capabilities, consultative approach, deep industry knowledge, and tailored finance and accounting (F&A) solutions for Fortune 1000 and upper-mid-market organizations as noteworthy strengths.

FAO represents the largest and one of the fastest-growing service lines for Auxis, providing a powerful mix of consulting and tech-enabled outsourcing across Procure-to-Pay (P2P), O2C, R2R, FP&A, and industry-specific solutions like healthcare revenue cycle management (RCM).

Now as part of Grant Thornton Advisors, Auxis adds deeper industry specialization while gaining access to a truly global delivery footprint and complementary portfolio of F&A solutions across tax, risk, audit, advisory, and tech modernization – empowering CFOs to drive greater efficiency, agility, and transformation at scale.

“Auxis continues to stand out with its consult-to-operate model, nearshore agility, and automation-first mindset. Its ability to deliver measurable outcomes, coupled with strong client partnerships and expanding capabilities, positions it as a credible player in the FAO space with clear momentum and market relevance.”
– Gaurang Pagdi, Lead Analyst, ISG.

Download the full ISG Provider Lens™ report to learn more about FAO trends and why Auxis stands out among global finance outsourcing providers.

About Auxis
Now part of Grant Thornton Advisors LLC, Auxis is a leading consulting and tech-enabled nearshore outsourcing pioneer focused on helping organizations achieve a competitive edge through innovative processes, leading technologies, and world-class shared services. Fortune 1000 and upper-middle-market organizations have relied on Auxis’ customized solutions since 1997 to obtain real benefits and ROI from their transformation programs.

Auxis delivers comprehensive solutions to modernize and scale business operations across Finance, HR, IT, Cybersecurity, Customer Service, and specialized industry functions. Its nearshore delivery platform is supported by award-winning Digital Transformation capabilities spanning Intelligent Automation & RPA, AI, Agentic, Analytics, and Cloud – with accolades including honors as a Partner of the Year and Agentic Automation Fast Track Partner from UiPath, the #1 AI and automation platform.

About Grant Thornton
Grant Thornton delivers professional services in the US through two specialized entities: Grant Thornton LLP, a licensed, certified public accounting (CPA) firm that provides audit and assurance services – and Grant Thornton Advisors LLC (not a licensed CPA firm), which exclusively provides non-attest offerings, including tax and advisory services.

In January 2025, Grant Thornton Advisors LLC formed a multinational, multidisciplinary platform. The platform offers a premier advisory and tax practice, as well as independent audit practices. With offices across the Americas, Europe and the Middle East, the platform delivers a singular client experience that includes enhanced solutions and capabilities, backed by powerful technologies and a roster of more than 18,000 quality-driven professionals enjoying exceptional career-growth opportunities and a distinctive cross-border culture.

Grant Thornton is part of the Grant Thornton International Limited network, which provides access to its member firms in more than 150 global markets.

Grant Thornton LLP, Grant Thornton Advisors LLC and their respective subsidiaries operate as an alternative practice structure (APS). The APS conforms with applicable laws, regulations and professional standards, including those from the American Institute of Certified Public Accountants.

“Grant Thornton” refers to the brand under which the member firms in the Grant Thornton International Ltd (GTIL) network provide services to their clients and/or refers to one or more member firms. Grant Thornton LLP and Grant Thornton Advisors LLC serve as the U.S. member firms of the GTIL network. GTIL and its member firms are not a worldwide partnership and all member firms are separate legal entities. Member firms deliver all services; GTIL does not provide services to clients.

Disclaimer
Licensed extracts taken from Everest Group’s PEAK Matrix® Reports may be used by licensed third parties for use in their own marketing and promotional activities and collateral. Selected extracts from Everest Group’s PEAK Matrix® reports do not necessarily provide the full context of our research and analysis. All research and analysis conducted by Everest Group’s analysts and included in Everest Group’s PEAK Matrix® reports is independent and no organization has paid a fee to be featured or to influence their ranking. To access the complete research and to learn more about our methodology, please visit Everest Group PEAK Matrix® Reports.

Auxis Named Top FAO Company in 2025 ISG Provider Lens™ for Finance and Accounting Outsourcing (FAO) Services

Auxis Named Top FAO Company in 2025 ISG Provider Lens™ for Finance and Accounting Outsourcing (FAO) Services

DETROIT (AP) — After nearly two decades, and stretches of futility, the Detroit Pistons have won the Central Division again.

The Pistons defeated the Toronto Raptors 127-116 on Tuesday to finish a long climb back up the NBA ladder and clinch their first division title since the 2007-08 season.

“You take pride in understanding how hard it is to do these things in this league,” Pistons coach J.B. Bickerstaff said after the game. "You take pride in the fact that you have a group of young men who have grown and achieved certain milestones.

“It's a part of the process, and we expect more.”

Two years after going 14-68 and losing a league-record tying 28 straight games, the Pistons are 55-21 with two All-Stars in Cade Cunningham and Jalen Duren. With Cunningham sidelined by a lung injury, Duren had 31 points on 12-of-13 shooting and added nine rebounds against the Raptors.

“He's so talented,” Bickerstaff said. “He's a different kind of big that you see in the NBA. You have space-up bigs and post-up bigs, but when you have somebody who can do both, he's a problem for people.”

Daniss Jenkins, who started the season on a two-way contract, had 21 points and five assists. He's averaging 18.6 points and 6.9 assists since replacing Cunningham as the starting point guard.

“We knew we were trying to do something special this year,” he said. “It's great to accomplish something like this, but we have our eyes on the playoffs and doing some damage there. We'll celebrate this tonight and get back to work tomorrow.”

They've helped end one of the worst periods in franchise history.

In 2007-08, the Pistons were still running out most of the same players that had led them to the 2004 championship and a seven-game Finals loss to San Antonio a year later. They went 59-23 under coach Flip Saunders, then knocked out Philadelphia and Orlando on their way to the last of their six straight Eastern Conference Finals appearances.

They didn't know it, but they were about to go off a cliff.

The following offseason, team president Joe Dumars traded Chauncey Billups to Denver for Allen Iverson and replaced Saunders with Michael Curry.

The Pistons went 39-43 and spent the next 10 seasons cycling through eight coaches and resulting in zero postseason victories.

That was followed by one of the worst five-year stretches in NBA history as the Pistons went 94-290 (.245) and hit rock bottom in 2023-24, when they lost a franchise-record 68 games.

Last season, Cunningham and Duren led the Pistons to a 30-win improvement before the fell in six games to the New York Knicks in the first round of the playoffs.

AP NBA: https://apnews.com/hub/NBA

Detroit Pistons guard Caris LeVert (8) takes a shot while being defended by Toronto Raptors guard Ja'kobe Walter (14) during the second half of an NBA basketball game Tuesday, March 31, 2026, in Detroit. (AP Photo/Duane Burleson)

Detroit Pistons guard Caris LeVert (8) takes a shot while being defended by Toronto Raptors guard Ja'kobe Walter (14) during the second half of an NBA basketball game Tuesday, March 31, 2026, in Detroit. (AP Photo/Duane Burleson)

Detroit Pistons center Jalen Duren, left, shoot the ball against Toronto Raptors forward Sandro Mamukelashvili (54) during the second half of an NBA basketball game Tuesday, March 31, 2026, in Detroit. (AP Photo/Duane Burleson)

Detroit Pistons center Jalen Duren, left, shoot the ball against Toronto Raptors forward Sandro Mamukelashvili (54) during the second half of an NBA basketball game Tuesday, March 31, 2026, in Detroit. (AP Photo/Duane Burleson)

Detroit Pistons forward Tobias Harris (12) celebrates with center Jalen Duren (0) after a win over the Toronto Raptors in an NBA basketball game Tuesday, March 31, 2026, in Detroit. (AP Photo/Duane Burleson)

Detroit Pistons forward Tobias Harris (12) celebrates with center Jalen Duren (0) after a win over the Toronto Raptors in an NBA basketball game Tuesday, March 31, 2026, in Detroit. (AP Photo/Duane Burleson)

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