Ascent Business Solutions

Ascent Business Solutions is a trusted partner in business process outsourcing and digital transformation, offering comprehensive services across finance and accounting, supply chain, human resources, anti-money laundering (AML), customer service, and digital marketing. With a global footprint across eight countries and a skilled workforce of over 700 professionals, Ascent enables clients to achieve operational excellence through the use of artificial intelligence (AI), advanced analytics, and intelligent automation. Our solutions are designed to streamline complex processes, enhance compliance, and improve decision-making in real time. Originally developed under Accenture’s leadership over a decade, Ascent became an independent entity in March 2024, continuing its legacy of high-performance delivery and innovation.

What Ascent Business Solutions offers its clients

Partnering with Ascent offers measurable advantages for businesses seeking greater accuracy, cost efficiency, operational resilience, and scalability through digital transformation. With a proven track record of delivering over $7 million in P&L impact within just 24 months, Ascent drives value through intelligent automation, process redesign, and data-driven decision-making. Finance operations benefit from 30–50% cycle time reductions, powered by automation tools that enhance data accuracy and minimize fraud risk. Through the deployment of 75 robotic process automations across 35 core processes, clients see a 20–25% increase in capacity, supported by over 500 analytic solutions. Ascent also enables over 95% source standardization using real-time, cloud-based dashboards that enhance executive visibility and control. Financial processes are digitized end-to-end with built-in compliance, while bots ensure 99.7% uptime, delivering consistent reliability and scale across global operations.

How Ascent Business Solutions outshines the competition

Ascent distinguishes itself in the global business services landscape through a compelling blend of operational excellence, cost advantage, and strategic geographic positioning. Our ability to deliver world-class digital and operational transformation services is further amplified by our unique setup in Sri Lanka, enabling us to offer unmatched value to clients.

1. Strategic Advantage of Being Based in Sri Lanka
Cost Efficiency – 25% Cheaper than India:
Sri Lanka offers significantly lower operational costs compared to traditional outsourcing hubs like India. On average, our services are 25% more cost-effective, without compromising on quality, productivity, or talent.

Highly Skilled Workforce:
Sri Lanka boasts a growing pool of finance, IT, and business process professionals with strong English proficiency, global exposure, and experience in working with multinational companies.

Time Zone Synergy with Western Markets:
The GMT+5:30 time zone enables seamless collaboration with both European and Asia-Pacific clients, offering extended business hours and quicker turnaround.

Favorable Tax and Regulatory Environment:
Sri Lanka offers attractive tax incentives for IT and BPM service providers, including:

Tax holidays under the Board of Investment (BOI) agreements.

Zero or reduced corporate tax for export-oriented services.

Exemptions on VAT and duties for tech and IT infrastructure imports.

This allows Ascent to reinvest in innovation and offer highly competitive pricing to clients.

2. Digital Transformation Capability with Global Standards Proven Track Record:
With over $7 million in P&L impact delivered within 24 months, Ascent has driven tangible business outcomes through automation, process reengineering, and analytics.

End-to-End Process Expertise:
Ascent supports clients across Finance & Accounting (AP, AR, R2R, OTC), HR, Procurement, and Customer Service functions with a deep focus on automation, controls, and continuous improvement.

Innovation at Scale:
We deploy Robotic Process Automation (RPA), AI-driven insights, and cloud platforms to deliver 20–25% capacity uplift and 30–50% reduction in cycle times across key operations.

3. Tailored Engagement with High Flexibility Customizable Solutions:
Unlike larger firms with rigid models, Ascent provides flexible, scalable solutions designed around your specific business needs, maturity level, and technology stack.

Client-Centric Culture:
Our size and leadership engagement model allow us to build long-term partnerships with a proactive, transparent, and collaborative approach.

Ascent Business Solutions company structure

Ascent Business Solutions (Pvt) Ltd emerged as an independent entity in March 2024, following a decade-long period of development and operational excellence under the ownership of Accenture, a global professional services leader. During this time, Accenture played a pivotal role in shaping Ascent’s capabilities, best practices, and talent development. With the transition to independence, Ascent has continued to expand its global footprint across multiple industries and countries, offering advanced services in business process management, digital transformation, analytics, and automation. The company is now led by a seasoned leadership team, including Chairman and Executive Advisor Priyan Fernando, formerly of American Express, and CEO Vishwanath Pai, previously a Managing Director at Accenture India. While operating independently, Ascent maintains a strategic partnership with the Brandix Group, providing services to Brandix-associated clients as part of an extended ecosystem, thereby reinforcing its strong industry ties and delivery capabilities.

Sample highlight service offering of Ascent Business Solutions

Partnering with Ascent can offer tangible benefits for businesses seeking Improved accuracy, cost optimization, operational resilience, and scalability through digital transformation:

💰 $7M+ in P&L impact delivered within 24 months for clients through process transformation
🔄 30–50% cycle time reduction across finance operations through various automated tools to avoid frauds and provide error free information
📈 20–25% increase in capacity through 75 robotic process automations across 35 different processes and 500+ Analytic solutions
📊 95%+ source standardization with cloud-based dashboards for real-time decision-making
🌐 End-to-end digitization of Supply Chain, Branding, Human Resources and Financial processes with built-in compliance and visibility
🔒 99.7% uptime for bots and automated processes, ensuring reliability and scale