Capgemini signs five-year BPO agreement with NXP

Capgemini, the global provider of consulting, technology and outsourcing services, announced that it has signed a five-year agreement with NXP Semiconductors, the independent semiconductor company founded by Philips, to provide end-to-end Finance and Accounting ("F&A") services, including Procure-to-Pay and Record-to-Report. 

Under the terms of the agreement, which expands the existing long-term relationship between the two companies, approximately 110 professionals, who are currently based in India, will join Capgemini's Business Process Outsourcing ("BPO") Excellence Delivery Centre in Chennai, India starting Oct 01, this year.

"The selection of Capgemini by NXP is a strong indicator of the growing confidence and belief our clients have in our ability to deliver end-to-end Finance and Accounting ("F&A") services using our Rightshore BPO delivery network," said Salil Parekh, Executive Chairman, Capgemini India. He added, "We believe that we have the right blend of transaction process expertise, industry knowledge and technology innovation skills to enable NXP push the boundaries of excellence in parameters related to quality, business agility, and risk management." This deal is the 20th F&A BPO deal won by Capgemini in the last three years.

This contract follows Capgemini's recent introduction of a 3rd Generation of BPO services globally. Known as BPO with Business Insight, Capgemini combines Business Insight processes with the use of business intelligence tools and industry knowledge.  

Added on September 24, 2007 Comment

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