Summary
Exela Technologies, Inc. provides transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. The company operates through three segments: Information & Transaction Processing Solutions (ITPS), Healthcare Solutions (HS), and Legal & Loss Prevention Services (LLPS). The ITPS segment provides lending solutions for mortgages and auto loans; banking solutions for clearing, anti-money laundering, sanctions, and interbank cross-border settlement; property and casualty insurance solutions for origination, enrollments, claims processing, and benefits administration communications; and public sector solutions for income tax processing, benefits administration, and records management. It also offers solutions for payment processing and reconciliation, integrated receivable and payables management, document logistics and location services, records management, and electronic storage of data/documents; and software, hardware, professional services, and maintenance related to information and transaction processing automation. The HS segment provides revenue cycle solutions, integrated accounts payable and accounts receivable, and information management for healthcare payer and provider markets. The LLPS segment processes legal claims for class action and mass action settlement administrations, involving project management support, notification, and outreach to claimants; and collects, analyzes, and distributes settlement funds. It also offers data and analytical services in the areas of litigation consulting, economic and statistical analysis, expert witness services, and revenue recovery services for delinquent accounts receivable. The company is headquartered in Irving, Texas.
History
Exela Technologies Inc. was the result of the merger between Novitex Enterprise Solutions Inc. and SourceHOV LLC. Both companies had a long history of providing various types of enterprise solutions to various verticals. The merger created a unified platform that allowed for a broader range of services and capabilities.
Mission
To bring together leading technologies and process-driven innovation to provide best-in-class business process solutions for our customers.
Vision
To be the global leader in providing enterprise-level technology and business process solutions, helping our customers to reduce costs, gain efficiency and drive innovation.
Key Team
Erik L. Mengwall (Deputy Gen. Counsel & Sec.)
Ms. Jean Xie (Exec. Sr. VP of East Asia)
Vincent Kondaveeti (VP of Corp. Devel.)
Mr. Carlos Mallen (Sr. VP of HR for Americas & EMEA)
Mr. Sanjay Kulkarni (Pres of Digital Assets)
Mr. Srini Murali (Pres of Americas & APAC)
Mr. Vitalie Robu (Pres of EMEA)
Recognition and Awards
Exela Technologies Inc. has been recognised as an industry leader in providing enterprise solutions. It has been awarded the ‘Best Cloud-Based Business Process Solutions Company’ at the Technology Excellence Awards 2017, ‘Top Provider of Cloud-Based Business Solutions’ at the Cloud Computing World Awards 2018, amongst many others.
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