Hyatt Shared Service Center, LLC Selects Genpact (G) to Provide Finance & Accounting Services

July 29, 2008 11:05 AM EDT

Genpact (NYSE: G) announced that it has signed a five-year contract to provide finance and accounting services to Hyatt Shared Service Center, LLC. The decision to re-engineer and globalize these services is part of Hyatt's global competitive improvement initiative. Terms of the contract were not disclosed.

"This move will allow us to better focus Hyatt resources on what we do best - providing the best hotel experience for the business and leisure traveler, expanding our network of brands and properties so travelers have more choices, and innovating our services so travelers stay with Hyatt," said Chuck Floyd, Hyatt Chief Operating Officer, North America Operations.
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