Wednesday, July 25, 2007
Chemical Major Henkel Outsourcing to Philippines, Announces Layoffs
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categories
See also outsourcing updates for related categories: Chemicals, Asia, Finance & Accounting
Henkel Announces Layoffs, Outsourcing to Philippines
MEGAN KING, Morning Journal Writer
06/27/2007
AVON Henkel Corporation will lay off about 20 employees at its Just Imagine Drive headquarters, and their jobs will be transferred to a Henkel facility in Manila, Philippines.
The jobs will be eliminated in accounts payable, accounts receivable and collections. The jobs will be phased out beginning in August, according to company spokeswoman...
Read the full report from here @ Morning Journal
Click on the labels below for more posts on those categories
See also outsourcing updates for related categories: Chemicals, Asia, Finance & Accounting
Henkel Announces Layoffs, Outsourcing to Philippines
MEGAN KING, Morning Journal Writer
06/27/2007
AVON Henkel Corporation will lay off about 20 employees at its Just Imagine Drive headquarters, and their jobs will be transferred to a Henkel facility in Manila, Philippines.
The jobs will be eliminated in accounts payable, accounts receivable and collections. The jobs will be phased out beginning in August, according to company spokeswoman...
Read the full report from here @ Morning Journal
Click on the labels below for more posts on those categories
Labels: accounts-receivable, chemicals-asia, chemicals-usa, finance-asia, philippines
PermaLink - Chemical Major Henkel Outsourcing to Philippines, Announces Layoffs posted by Ecacofonix : 7:30 AM
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HCA's Accounts Receivable Unit Reaching Out to Other Hospitals
BlogOut provides regular, global outsourcing updates. See BlogOut Directory for the complete list of categories
See also outsourcing updates for related categories: Healthcare, Finance & Accounting
HCA's Accounts Receivable Unit Reaching Out to Other Hospitals
Company to add jobs in Louisville, USA
By Patrick Howington, The Courier-Journal
National Patient Account Services is branching out from its main role of collecting accounts for its parent company, hospital chain HCA...
The Louisville-based accounts-receivable management company has begun signing non-HCA hospitals as clients. Landing three contracts recently led the company to create 100 jobs, including at least 60 in Louisville.
Read the full report from here @ The Courier Journal
Click on the labels below for more posts on those categories
See also outsourcing updates for related categories: Healthcare, Finance & Accounting
HCA's Accounts Receivable Unit Reaching Out to Other Hospitals
Company to add jobs in Louisville, USA
By Patrick Howington, The Courier-Journal
National Patient Account Services is branching out from its main role of collecting accounts for its parent company, hospital chain HCA...
The Louisville-based accounts-receivable management company has begun signing non-HCA hospitals as clients. Landing three contracts recently led the company to create 100 jobs, including at least 60 in Louisville.
Read the full report from here @ The Courier Journal
Click on the labels below for more posts on those categories
Labels: accounts-receivable, finance-usa, healthcare, healthcare-usa
PermaLink - HCA's Accounts Receivable Unit Reaching Out to Other Hospitals posted by Ecacofonix : 7:21 AM
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Tuesday, March 6, 2007
Vengroff, Williams & Associates Evaluated as A Leaders in F&A BPO Landscape
Vengroff, Williams & Associates Evaluated as One of Seven Market Leaders in Leading Analyst Firm's F&A BPO Worldwide Competitive Landscape
Press release
Evaluation Based on Providers Generating Over $100 Million From F&A Outsourcing
Source: Marketwire
Feb. 28, 2007
GARDEN GROVE, CA -- (MARKET WIRE) -- 02/28/07 -- Vengroff, Williams & Associates (VWA), a leading provider of receivable management and business process outsourcing solutions with more than 3000 worldwide customers, today announced that Gartner, Inc. (NYSE: IT) recently profiled VWA as one of the seven market leaders in its "Dataquest Insight: F&A BPO Competitive Landscape, Worldwide, 2006." Published January 15, 2007, written by Cathy Tornbohm, List of Figures, Figure 1.
As a leader in the F&A outsourcing market, VWA sees the following outsourcing trends emerging in 2007:
-- Competitive landscape of finance and accounting outsourcing and with labor market changes, companies will be forced to elevate training to provide superior customer service. Labor Markets continue to change and the ability to train and increase the KPIs at the desk level will continue to challenge the F&A market. Outsourcing providers need to see the ability to utilize technologies to analyze the current work habits and accountability of each function. This ability, used in tandem with a learning management system (LMS), can provide intuitive learning programs, on-demand sessions and scripting programs to support the right decision and work flow for acceptable people process.
-- Finance-driven process improvements will need to bridge the process gap within the entire corporate organization. Driven by greater integration between finance and non-finance related data (such as sales, marketing and customer data), finance now has greater insight into performance issues that arise within the quote-to-cash cycle. Outsourcing of the F&A functions will allow for corporations to have the ability to create a streamlined ownership process of all tasks.
-- Global standardization of billing and payment practices will drive companies to adopt new technologies. Doing business on all corners of the globe has created a situation where standardization of such practices as customer billing, electronic payment and document delivery needs to be synchronized on one platform for use around the world. Such functionalities as e-billing focus on creating a secure method of clear visibility around payment, disputes, POD, and contracts.
About Vengroff, Williams & Associates, Inc.
Founded in 1963, and with $23 billion dollars under its management, Vengroff, Williams & Associates is a leading provider of receivables management business process outsourcing (BPO) solutions for Fortune 1000 companies such as Tyco, Ford Motor Company, Federal Express, Kodak, Microsoft, Yamaha and others. Applying state-of-the-art proprietary information systems, best practice work flow and people to realize cost reductions, operating efficiencies, and improved process design, VWA's approach enables clients to easily insource or outsource all or part of the quote-to-cash function. Solutions are customized to each client's requirements or expanded to incorporate specialized tools and SAS 70 compliant processes and procedures. Services include full order to cash processing, third party collections, EIPP systems, deduction management, dispute management, auto cash solutions, front-end risk mitigation, and tax resolution.
To learn more about VWA, please visit www.vwainc.com or telephone (866) 393-4892.
Media Contacts:Robert ShermanVengroff, Williams & Associates, Inc.714.889.6202
Original source for the press release here
Press release
Evaluation Based on Providers Generating Over $100 Million From F&A Outsourcing
Source: Marketwire
Feb. 28, 2007
GARDEN GROVE, CA -- (MARKET WIRE) -- 02/28/07 -- Vengroff, Williams & Associates (VWA), a leading provider of receivable management and business process outsourcing solutions with more than 3000 worldwide customers, today announced that Gartner, Inc. (NYSE: IT) recently profiled VWA as one of the seven market leaders in its "Dataquest Insight: F&A BPO Competitive Landscape, Worldwide, 2006." Published January 15, 2007, written by Cathy Tornbohm, List of Figures, Figure 1.
As a leader in the F&A outsourcing market, VWA sees the following outsourcing trends emerging in 2007:
-- Competitive landscape of finance and accounting outsourcing and with labor market changes, companies will be forced to elevate training to provide superior customer service. Labor Markets continue to change and the ability to train and increase the KPIs at the desk level will continue to challenge the F&A market. Outsourcing providers need to see the ability to utilize technologies to analyze the current work habits and accountability of each function. This ability, used in tandem with a learning management system (LMS), can provide intuitive learning programs, on-demand sessions and scripting programs to support the right decision and work flow for acceptable people process.
-- Finance-driven process improvements will need to bridge the process gap within the entire corporate organization. Driven by greater integration between finance and non-finance related data (such as sales, marketing and customer data), finance now has greater insight into performance issues that arise within the quote-to-cash cycle. Outsourcing of the F&A functions will allow for corporations to have the ability to create a streamlined ownership process of all tasks.
-- Global standardization of billing and payment practices will drive companies to adopt new technologies. Doing business on all corners of the globe has created a situation where standardization of such practices as customer billing, electronic payment and document delivery needs to be synchronized on one platform for use around the world. Such functionalities as e-billing focus on creating a secure method of clear visibility around payment, disputes, POD, and contracts.
About Vengroff, Williams & Associates, Inc.
Founded in 1963, and with $23 billion dollars under its management, Vengroff, Williams & Associates is a leading provider of receivables management business process outsourcing (BPO) solutions for Fortune 1000 companies such as Tyco, Ford Motor Company, Federal Express, Kodak, Microsoft, Yamaha and others. Applying state-of-the-art proprietary information systems, best practice work flow and people to realize cost reductions, operating efficiencies, and improved process design, VWA's approach enables clients to easily insource or outsource all or part of the quote-to-cash function. Solutions are customized to each client's requirements or expanded to incorporate specialized tools and SAS 70 compliant processes and procedures. Services include full order to cash processing, third party collections, EIPP systems, deduction management, dispute management, auto cash solutions, front-end risk mitigation, and tax resolution.
To learn more about VWA, please visit www.vwainc.com or telephone (866) 393-4892.
Media Contacts:Robert ShermanVengroff, Williams & Associates, Inc.714.889.6202
Original source for the press release here
Labels: accounts-receivable, apar, finance
PermaLink - Vengroff, Williams & Associates Evaluated as A Leaders in F&A BPO Landscape posted by Ecacofonix : 8:42 AM
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