Exela Technologies Names Lakshmi Narayanan Chandramohan President, Bills and Payments

IRVING, Texas, June 14, 2022 (World NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA, XELAP), now names Lakshmi Narayanan Chandramohan to President, Payments and Payments. In his position, Lakshmi will be responsible for financial institutions within Exela’s Trade for Payments and Payments (“XBP”). XBP is the biggest income contributor in the ITPS accounting segment. Lakshmi will proceed to bring Exela’s value proposition to financial establishments across the Americas although collaborating with other people in the group to expand enterprise across business verticals.

Monetary institutions about the earth face mounting strain from new competitors, disruptive systems, an getting old legacy infrastructure, and burdensome regulatory prerequisites. This speedily evolving landscape calls for heightened emphasis on operational effectiveness, electronic enablement, organization continuity arranging, and an enhanced shopper encounter. Exela’s XBP solutions enable our customers to leverage a solitary platform augmenting Exela’s automation technological know-how that drives down prices, enhances precision, consolidates details and enhances cycle time.

“Lakshmi has been an asset to Exela due to the fact signing up for 10 decades in the past. Lakshmi’s deep being familiar with of payments and charges has resulted in various wins. We look ahead to Lakshmi’s management in enabling other Exelarators to provide price extra XBP solutions across industries,” noted Par Chadha, Government Chairman, Exela.

Lakshmi brings 27 yrs of expertise to Exela and has been with Exela for more than 10 years in several roles of rising duty. Lakshmi has also been dependable for facilitating the development in the monetary establishments house. Lakshmi is a Six Sigma Grasp Black Belt with a Masters in Data and a SAS Qualified Skilled.

About Exela Systems

Exela Technologies is a enterprise process automation (BPA) chief, leveraging a world wide footprint and proprietary know-how to present digital transformation alternatives boosting high-quality, efficiency, and end-person knowledge. With decades of encounter functioning mission-critical processes, Exela serves a growing roster of much more than 4,000 consumers in the course of 50 nations, together with around 60% of the Fortune® 100. Employing foundational technologies spanning information and facts administration, workflow automation, and integrated communications, Exela’s program and solutions include multi-industry, departmental alternative suites addressing finance and accounting, human funds administration, and lawful administration, as perfectly as field-specific alternatives for banking, healthcare, coverage, and the community sector. Through cloud-enabled platforms, developed on a configurable stack of automation modules, and around 17,000 workforce working in 23 nations around the world, Exela rapidly deploys built-in technological innovation and operations as an end-to-end electronic journey associate

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