BancTec Signs Payment Processing Agreement With Exelon Corporation BancTec, Inc., a global provider of advanced, high-volume, document and payment processing services and solutions, today announced that it has signed a five-year business process outsourcing ...12 Feb 2009 | (News)
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Hyatt Shared Service Center, LLC Selects Genpact to Provide Finance & Accounting Services
Hyatt Shared Service Center, LLC Selects Genpact to Provide Finance & Accounting Services29 Jul 2008 | (News)
FAO Today Announces Award Winners
In 2008, FAO Today starts the tradition of recognizing the best in each of seven categories of FAO industry...17 Jun 2008 | (News)
ANZ National to Outsource 500 Jobs to India
ANZ National Bank, a New Zealand-based banking services provider, has announced plans to shift 500 jobs...16 May 2008 | (News)
Capgemini to Acquire and Manage Unilever Financial Shared Services in Latin America
Capgemini announces that it has signed an agreement with Unilever to acquire and manage its financial...09 Apr 2008 | (News)
Tribune Publishing Selects HP for BPO Services
HP announces it has been awarded a seven-year business process outsourcing (BPO) contract with the Tribune...09 Apr 2008 | (News)
BNY Mellon Asset Servicing Selected by IPCRe Limited as Global Custodian
BNY Mellon Asset Servicing, the global leader in asset servicing, has been selected by IPCRe Limited,...07 Mar 2008 | (News)
PT Hutchison CP Telecommunications Goes Live with Convergys Service
Convergys Corporation announced that PT Hutchison CP Telecommunications (HCPT) has gone live with its...11 Feb 2008 | (News)
Genpact Wins Ceridian BPO Business
Genpact announced it has been selected by Ceridian Corporation to provide selected business process outsourcing...04 Feb 2008 | (News)
Comerica Awards Procurement Services Contract to Accenture
Comerica Incorporated today announced it has awarded a procurement services contract to Accenture. Financial...16 Jan 2008 | (News)
Convergys to Provide Collection Services for Global Financial Services Firm
Convergys Corporation announced it has signed an agreement to provide debt collections for a major financial...10 Jan 2008 | (News)
ACS Appoints New FAO Lead
Affiliated Computer Services, Inc. (NYSE: ACS) has appointed Ron Gillette senior managing director, finance...31 Oct 2007 | (News)
Accenture to Provide FAO Services to Microsoft
Accenture is working with Microsoft under the terms of a new seven-year, $185 million business process...20 Sep 2007 | (News)
Capgemini Signs F&A Deal with NXP Semiconductors
Capgemini announced that it has signed a five-year agreement with NXP Semiconductors, the independent...19 Sep 2007 | (News)
Accenture and BT Sign FAO Agreement
Accenture is providing BT with finance and accounting (F&A) services under a five-and-a-half-year business...17 Sep 2007 | (News)
BT Extends Finance and Accounting Contract with Xansa
Xansa, the outsourcing and technology company, today announces the extension of its Business Process...10 Sep 2007 | (News)
Finance Transformation Europe 2007 Conference
Brussels, 4 September, 2007 - Finance Transformation Europe is an exclusive annual event that brings...04 Sep 2007 | (News)
ACS Awarded Contract to Provide Finance and Accounting Solutions for Georgia-Pacific
Affiliated Computer Services, Inc. (NYSE: ACS) announced today that it has been awarded a seven-year...10 Aug 2007 | (News)
Infosys to Provide F&A Services to Royal Philips Electronics
Infosys Technologies Ltd (NASDAQ: INFY) today announced that it has signed a multi-million dollar outsourcing...27 Jul 2007 | (News)
Air New Zealand withdraws outsourcing plans
Staff were shocked when New Zealand’s flag carrier, Air New Zealand, announced it would not outsource...29 Apr 2007 | (News)
Mellon Financial to provide managed accounts outsourcing for Bear Stearns
Mellon Financial Corporation announced that its Asset Servicing group will administer the middle and...18 Apr 2007 | (News)
NHS Shared Business wins 6-Yr F&A outsourcing deal from NHS
NHS Shared Business Services, a joint venture between the Department of Health and Xansa, has signed...08 Apr 2007 | (News)
Technology key to FAO success, Everest study finds
Findings from a new Everest study reveals over 70 percent of Finance and Accounting Outsourcing (FAO)...27 Mar 2007 | (News)
US EPA selects CGI Federal for financial system modernization project
CGI Federal, Inc. announced that the Environmental Protection Agency (EPA) has chosen CGI as the financial...14 Feb 2007 | (News)
Britain's NHS ups outsourcing to India
Britain's National Health Service (NHS) says it will export hundreds of clerical jobs, including accounting...13 Feb 2007 | (News)
Springboard signs outsourcing contract with HML for mortgage services
HML (mortgage outsourcing provider)announced the signing of a 3 year servicing contract with Springboard...09 Feb 2007 | (News)
Accenture and AIG Europe sign ten year outsourcing deal
Accenture has signed a 10-year, US$100 million business processing outsourcing (BPO) agreement with AIG...29 Jan 2007 | (News)
Hedge fund picks SEI as partner in outsourcing
Rock Ridge Advisors has selected SEI to provide a operational outsourcing solutions for its hedge funds...13 Jan 2007 | (News)
Australian banks turning to Accenture for outsourcing
Australia's largest investment bank Macquarie Bank Ltd. confirmed Thursday it has signed a contract with...12 Jan 2007 | (News)
Everest study predicts 30% finance & accounting outsourcing growth in 2007
The global Finance and Accounting Outsourcing (FAO) market is predicted to grow in excess of 30 percent...10 Jan 2007 | (News)
Bank of the Sierra outsources card payment processing services to First Data
Bank of the Sierra announced a new revenue sharing alliance agreement with First Data Merchant Services...09 Jan 2007 | (News)
EDS' eight financial services 2007 trends
EDS is sharing its 35 years of industry expertise (it serves seven of the world's largest 10 banks),...22 Dec 2006 | (News)
Capgemini signs finance and accounting outsourcing contract with Tetra Pak
Capgemini and Tetra Pak, a world leader in food processing and packaging, today announced that they have...20 Dec 2006 | (News)
Deloitte to increase India headcount to 12,000 by 2010
Deloitte Touch Thomatsu, a New York-based accounting services provider, has announced its plans to increase...04 Dec 2006 | (News)
Sainsbury's saves on IT after terminating outsourcing contract
Supermarket chain Sainsbury’s has reported a better than expected reduction in IT costs less than a...30 Nov 2006 | (News)
BearingPoint helps HHS expand new financial management system
BearingPoint, Inc. announced it has completed implementation and deployment of the Department of Health...14 Nov 2006 | (News)
Capgemini to buy Kanbay International for $1.25 billion
Capgemini, one of the world’s foremost providers of Consulting, Technology and Outsourcing services,...31 Oct 2006 | (News)
Xansa wins BBC F&A BPO contract
Xansa announced that it has been awarded preferred supplier status on the contract to take over finance...25 Oct 2006 | (News)
Capgemini India buys 51-per cent stake in Unilever's F&A BPO subsidiary
Capgemini extends its Finance and Accounting Business Process Outsourcing (BPO F&A) capabilities by acquiring...13 Sep 2006 | (News)
Australian politician urges debt collection outsourcing
Opposition treasury spokesman Richard Mulcahy is calling on the Australian Capital Territory Government...11 Aug 2006 | (News)
ADP to spin off brokerage-services outsourcing operations
Automatic Data Processing Inc. (ADP) confirmed plans to spin off its brokerage-services group business...09 Aug 2006 | (News)
Atos Origin signs Fuel Card Management contract with Wm Morrisons
Atos Worldline, an Atos Origin Company, announced that it has been awarded a five year contract by Morrisons...16 Jul 2006 | (News)
EDS signs $700 million contract with Bank of America
EDS announced a six-year, $700 million agreement to integrate the communications infrastructure for recently...10 Jul 2006 | (News)
Accenture to provide Crestline Hotels & Resorts with finance & accounting, HR, and payroll services
Accenture has signed a business process outsourcing agreement with Crestline Hotels & Resorts, one of...30 May 2006 | (News)
Costs nudge banks to do more offshore outsourcing
In the past month a number of financial services institutions have announced plans to offshore further...15 May 2006 | (News)
Hackett: Shared service centers remain the preferred option for F&A
Hackett study shows that only 4% of finance processes are currently outsourced, while companies use shared...18 Apr 2006 | (News)
Leading research firm predicts 60% growth in F&A outsourcing in 2006
FAO Research, Inc., the only research firm focused exclusively on the Finance & Accounting Outsourcing...30 Mar 2006 | (News)
Everest publishes F&A Outsourcing market update
Offshore outsourcing a part of every major FAO deal in 2005; Chennai, Delhi, Kochi and Manila most popular...15 Mar 2006 | (News)
Accenture to provide Microsoft with credit & collection services
Accenture will provide Microsoft with credit and collection services in Europe, the Middle East and Africa...01 Mar 2006 | (News)
[SharedXpertise Commentary] JPMorgan Worldwide Securities Services to acquire Paloma's middle and back office operations
JPMorgan Worldwide Securities Services (WSS) is to acquire the middle and back office operations of Paloma...15 Feb 2006 | (News) |
Research predicts explosive growth in the outsourcing of finance departments
FAO Research, Inc., the only research firm focused exclusively on the Finance & Accounting Outsourcing...07 Feb 2006 | (News)
BasWare to acquire the financial software provider Analyste
BasWare Corporation has agreed on an acquisition of the entire share capital of Analyste Corporation....06 Feb 2006 | (News)
Capgemini wins F&A contract from Zurich Financial Services
Capgemini, one of the world’s leaders in consulting, technology and outsourcing services, today announced...20 Jan 2006 | (News)
Unilever signs 7-yr IBM outsourcing contract
Anglo-Dutch consumer products group Unilever Plc has signed a finance outsourcing contract with IBM,...24 Dec 2005 | (News)
Omron outsources receivables to IBM
IBM Japan, Ltd. has announced a five-year contract for IBM to transform and manage Omron Corporation’s...13 Dec 2005 | (News)
Euro and cross border payments drive banking transformation
SEPA, 'Single European Payment Area', is a political effort to harmonize all payment systems within Europe....09 Dec 2005 | (News)
IBM to support financial and administrative services for Kodak
Eastman Kodak Company and IBM announced that they have reached a definitive five-year agreement for IBM...20 Oct 2005 | (News)
Finance and accounting outsourcing research firm launches operations
FAO Research, Inc., the world’s first independent research firm focused solely on the Finance and Accounting...20 Oct 2005 | (News)
Agilent joins OB10 to enhance best practice in their European shared services center
Agilent Technologies has revealed that it is the latest organization to join OB10, the global e-Invoicing...19 Oct 2005 | (News)
BearingPoint awarded $6.85 million contract by Afghanistan's Ministry of Finance
BearingPoint, Inc, one of the world's largest management consulting and systems integration firms, today...27 Sep 2005 | (News)
Financial Service Providers must use outsourcing more strategically
Financial services providers (FSPs) in EMEA are expected to spend $46.2 million on IT services in 2005,...04 Sep 2005 | (News)
HP to open BPO center in Romania
Hewlett-Packard Co is planning to open a new business process outsourcing center in Romania, following...29 Aug 2005 | (News)
Convergys set to acquire Deloitte's F&A outsourcing business
Convergys Corporation, a provider of customer care, human resources and billing services, and Deloitte...01 Aug 2005 | (News)
Danfoss chooses CapGemini UK as BPO partner
Denmark’s leading components producer, Danfoss has selected Capgemini UK as its BPO partner for Finance...01 Aug 2005 | (News)
NHS SBS wins £20m F&A contract from Strategic Health Authority
Xansa and NHS Shared Business Services (NHS SBS), the first public/private sector Joint Venture undertaken...01 Aug 2005 | (News)
New strategic alliance allows for comprehensive F&A solution
Outsource Partners International (OPI), the industry's largest service provider focused solely on finance...27 Jul 2005 | (News)
SBPOA Study: 73 percent of corporations embrace finance & accounting transformation
Preliminary results of a study conducted by the SBPOA and Hewlett-Packard have determined that 73 percent...22 Jun 2005 | (News)
Home Depot redesigns its tax strategy
How the worlds largest home improvement retailer went about improving its federal and state tax credits...01 Jun 2005 | (News)
The 2005 FAO Today Top FAO Deals
Best-of lists are always hit and miss. This year's Oscar winner may be next years Razzie nominee. (Hey,...01 Jun 2005 | (News)
Lucent's AR outsourcing drives down past dues by $88 million
Not many CFOs would volunteer to take a spin around a parking lot on their Ducati motorcycle to give...22 May 2005 | (News)
NHS shared services joins the global OB10 e-Invoicing network
East Lancashire Financial Services (NHS) today announce their subscription to OB10, the global e-Invoicing...28 Apr 2005 | (News)
NHS shared services joins the global OB10 e-Invoicing network
East Lancashire Financial Services (NHS) today announce their subscription to OB10, the global e-Invoicing...04 Apr 2005 | (News)
ATO sticks with EDS
THE Australian Tax Office will extend a billion-dollar computer contract for a second time rather than...04 Apr 2005 | (News)
London finance jobs to land in India
Thousands of high-powered jobs in the financial services sector are set to be outsourced to India from...04 Apr 2005 | (News)
Savista earns top designation for Finance and Accounting outsourcing services
FAO Today, the leading publication serving the finance/accounting outsourcing (FAO) sector, has designated...05 Feb 2005 | (News)
ACS to open second operations center in China
Affiliated Computer Services Inc. said it will open a second operations center in China with an eye to...01 Feb 2005 | (News)
Finance and accounting transformation is high on the agenda
The need for operational efficiencies across organizations is now more prevalent than ever with better...25 Jan 2005 | (News)
ING Investment Management outsources to Bank of New York
ING Investment Management has contracted with Bank of New York for the provision of outsourced middle...20 Jan 2005 | (News)
Consortia buying will drive how asset management companies procure BPO services
Consortia Buying Will Drive How Asset Management Companies Procure Business Process Outsourcing Services,...17 Jan 2005 | (News)
Command your financial value chain in 2005
Aceva Technologies Names Top Trends for 2005 Highlighting Growth and Continued Momentum through Adoption...13 Jan 2005 | (News)
Outsourcing still on CFOs' agenda
CFOs are not just looking to outsourcing as a cost-cutting measure but also as a means of becoming more...04 Nov 2004 | (News)
ADP completes acquisition of Bank of America’s clearing unit
ADP Brokerage Services Group, a financial division of Automatic Data Processing (ADP), has completed...04 Nov 2004 | (News)
Xansa secures UK NHS finance and accounting deal
Xansa, the IT services company, has been recommended as the preferred partner for a joint venture to...06 Oct 2004 | (News)
Elan Financial Services offers new outsourcing solution to help FIs meet compliance deadlines
Elan Financial Services is working to help financial institutions to keep their ATMs in compliance with...30 Sep 2004 | (News)
CSC named North American Insurance BPO Market Leader by Celent Communications
...24 Sep 2004 | (News)
Business Process Outsourcing in financial institutions enters a new phase
All banks utilize Business Process Outsourcing (BPO) to some degree. Tier one banks have been methodically...18 Sep 2004 | (News)
European banking supervisors (CEBS) develop high level principles on outsourcing
European banking supervisors began work in 2002 on developing high level principles (HLPs) that could...06 Sep 2004 | (News)
EDS: ready to rebound?
Electronic Data Systems Corp.'s problems can't get much worse. - That's the opinion of two analysts who...30 Aug 2004 | (News)
FNS targets Russian banks through BPC partnership
Financial Network Services (FNS) today announced the finalisation of a partnering agreement with Banking...27 Aug 2004 | (News)
AICPA Ethics Committee proposes outsourcing disclosure rule
The Professional Ethics Executive Committee of the American Institute of Certified Public Accountants...10 Aug 2004 | (News)
BIS Joint Forum provides outsourcing guidance to the financial sector
The Joint Forum of the Bank for International Settlements (www.bis.org) today released a report entitled...02 Aug 2004 | (News)
The Performance Group and Equinox create alliance to offer outsourcing services
The Performance Group (TPG), a mortgage consulting firm, and Equinox Corporation, a global business processing...21 Jul 2004 | (News)
New book from Accenture Finance Solutions shares CFOs' insights on finance BPO
Many leading companies are adopting finance business process outsourcing (BPO) as a means to achieve...21 Jul 2004 | (News)
75% of financial institutions plan to outsource offshore
Financial institutions worldwide are increasingly interested in sending IT work to lower cost countries....07 Jul 2004 | (News)
Top 10 Finance & Accounting outsourcing trends of 2004
By Lisa Maio Ross, Ross Research (www.rossresearch.com)11 May 2004 | (News)
Electronic invoice delivery at Xansa
In June 2002, in one of the largest Business Process Outsourcing (BPO) agreements in the UK, BT outsourced...27 Apr 2004 | (News)
IBM to provide business transformation services to Merrill Lynch
Merrill Lynch Corporate Technology Group has signed a Systems Integration and Application Management...17 Feb 2004 | (News)
The changing role of the Chief Financial Officers
Merely being a bean counter is no longer the primary requisite for becoming a Chief Financial Officer...15 Dec 2003 | (News)
Outsource Partners International secures up to $20 million in funding
Outsource Partners International (OPI), a leading outsourcer of finance and accounting functions, announced...19 Nov 2003 | (News)
Wachovia introduces online payables service geared to smaller businesses
Wachovia's Treasury Services Division, through its strategic alliance with Payformance Corporation, announced...14 Nov 2003 | (News)
SureFire Commerce announces outsourcing agreement
In order to further reduce costs and improve efficiency, SureFire Commerce Inc., a global provider of...02 Sep 2003 | (News)
Financing business relationships
Finance must free up resources for higher value business relationships, says Arthur Andersen partner...02 Sep 2003 | (News)
The Bank of New York and ING announce global outsourcing arrangement
The Bank of New York and ING today announced a global arrangement to outsource ING's international cash...02 Sep 2003 | (News)
Best workplaces for finance professionals awarded
The Association for Financial Professionals (AFP), The Hackett Group, and CFO magazine have announced...02 Sep 2003 | (News)
J.P. Morgan, IBM in outsourcing talks
J.P. Morgan Chase is in exclusive talks with IBM to outsource part of the bank's computer operations...02 Sep 2003 | (News)
Intacct and Outsource Partners Intl work on new online accounting solutions
Intacct Corporation, a leading provider of online professional accounting solutions, and Outsource Partners...02 Sep 2003 | (News)
Finance function as a profit leader: attacking G&A costs through offshore BPO
In the current stagnant economy, margins can best be improved by attacking General and Administrative...02 Sep 2003 | (News)
Deloitte changes its mind on spinning off consulting business
Deloitte Touche Tohmatsu, in a surprise move, has called off its planned spinoff of its consulting business,...02 Sep 2003 | (News)
Accenture signs a 7-year BPO agreement with Southern Company Gas
Southern Company GAS, the gas marketing subsidiary of Atlanta-based Southern Company, and Accenture have...02 Sep 2003 | (News)
