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July 25, 2007
European News
Infosys Technologies Ltd has signed a multi-million dollar outsourcing contract with Royal Philips Electronics’ of the Netherlands. As part of the agreement, Infosys BPO will provide Finance & Accounting (F&A) services and the processing of purchasing orders. Infosys will also acquire three shared service centers located in India, Poland and Thailand from Philips. The contract is among the largest Finance & Accounting BPO engagements from India and will expand Infosys’ global network, particularly strengthening its European operations.
Rabobank, one of the largest financial services providers in The Netherlands, has extended its business process outsourcing contract with Unisys Payment Services and Solutions (UPSS). The extension, signed in June 2007, covers all paper-related payment transactions for two additional years through December 31, 2012.
ExcellerateHRO has signed a contract to continue providing Benefits Administration Services for TOTAL in the UK, one of the largest integrated oil and gas companies in the UK and part of the fourth-largest energy company in the world, TOTAL SA. Under the 48-month contract extension, ExcellerateHRO will provide administration services for approximately 15,000 members of the TOTAL pension plan in the United Kingdom.
Posted by jbowles at July 25, 2007 08:30 AM
