danfoss, capgemini, uk, bpo, partner
Danfoss chooses CapGemini UK as BPO partner
-
|
- Print |
- Email Page
Denmark’s leading components producer, Danfoss has selected Capgemini UK as its BPO partner for Finance and Accounting (F&A) processes in Europe.
The €20-million 7-year agreement was signed after Danfoss conducted a year-long evaluation process to review both in-house and outsourcing models.In the agreement, a combined team from both parties will migrate finance and accounting transactional processes related to accounts receivable, accounts payable, general ledger and cash & bank from 26 different locations in Europe into the Capgemini Group BPO centre in Krakow, Poland. The centre in Krakow is a cornerstone in Capgemini Group’s integrated global RightshoreTM network of BPO centres and is one of only a handful of centres in the world that can deliver high-quality multi-languages F&A processing.
The key decision criteria for Danfoss in choosing Capgemini were the ability to provide the experience and know-how to safeguard the transfer of processes from such a diverse geographic spread of locations into one consolidated centre, and also the ability to work closely with Danfoss leaders in delivering a sustained transformation.
"Danfoss will gain the benefits of this BPO program in the form of significant reductions in operating costs whilst driving through greater visibility, consolidation and accountability and bringing about a shift from a country-based organization to one that is process-led. We are very happy to be working with Danfoss and look forward to a long and mutually beneficial relationship with our new partner," says Hubert Giraud, Global Head of BPO in the Capgemini Group.
"Danfoss aims to sharpen the focus on its core business. Finance and accounting transactional processing is not Danfoss’ core business. Also, we realised we did not have the critical mass in-house to get the full benefits from a consolidated solution. So, we decided to look for an external long-term partner in business. Capgemini has the expertise and has shown the commitment and flexibility to be this partner," says Ole Steen Andersen, Group CFO of Danfoss.
-
|
- Print |
- Email Page
Can BPO provide more cost reduction, risk management, and quality improvement? When? Obtain a neutral perspective, clear evaluation criteria, and concrete examples.29 Jul 2008 | (Case Study)
Hyatt Shared Service Center, LLC Selects Genpact to Provide Finance & Accounting ServicesHyatt Shared Service Center, LLC Selects Genpact to Provide Finance & Accounting Services29 Jul 2008 | (News)
Making Gainsharing WorkHow to Create, Cultivate and Maintain the Business of Innovation in an Outsourcing Arrangement14 Jul 2008 | (Thinking Point)
FAO Today Announces Award WinnersIn 2008, FAO Today starts the tradition of recognizing the best in each of seven categories of FAO industry leader with its FAO Today Awards.17 Jun 2008 | (News)
Finance and Accounting BPO Buyers Moving Toward Process-Based OTC OutsourcingThe development of service providers capabilities to provide end-to-end OTC outsourcing solutions is the key trend in the OTC arena over the past five years and will likely continue as companies (buyers)...12 Jun 2008 | (Thinking Point)
