Spring Global Mail outsources F&A to Logica
05 June 2008
Logica, a leading European IT and business services company, has won a contract with Spring Global Mail to provide Finance and Accounting Business Process Outsourcing (BPO) for Spring’s global operations. Spring Global Mail is a joint venture company, formed in 2001 by three of the world’s leading postal organisations – TNT of the Netherlands, Royal Mail Group of the United Kingdom and Singapore Post. Spring provides business solutions for international business mail. Currently all Finance and Accounting (F&A) processes are run from Spring offices in Amsterdam (The Netherlands) and Emmerich (Germany).
Logica will take over responsibility for the main Finance and Accounting functions such as billing, accounts payable and general accounting. Spring’s F&A experts joined Logica in the Netherlands on June 2, 2008. Dutch employees will transfer to Logica’s F&A shared services centre in Amstelveen. The German employees will transfer to the Arnhem office of Logica.
Logica will deliver the F&A BPO based on blended sourcing, which means that different activities are performed in the most suitable and cost-effective location, either onsite, offsite, nearshore and offshore. Part of the activities will be executed in Logica’s finance & accounting service centre in Bangalore (India), where highly skilled F&A staff support Logica’s customers in The Netherlands, United Kingdom, Germany, Spain, France and Italy.
Iain McLure, CEO Spring Global Mail: “Logica provides us with the opportunity to mitigate continuity risks in our F&A process without increasing costs and with the benefit of increased quality. The contract also provides our transferred people access to a more professional F&A environment and enhances career prospects for them”.
Paul Schuyt, Chief Executive of Logica in The Netherlands: “The contract with Spring Global Mail is key to our strategy to focus on long-term, flexible partnerships with our customers. The agreement is part of a new wave in business process outsourcing, which seeks to achieve cost savings for customers through the ideal mix of a more effective and efficient organisation, innovative technology and moving activities to countries with lower labour costs.”
Press contact
Logica
Erwin Cardol, media relations
Telephone: +31 (0)20 57 13777
E-mail: pr.nl@logica.com
Spring Global Mail
Mark Eldridge, media relations
Telephone: +31 (0)20 500 8020
E-mail: Mark.Eldridge@SpringGlobalMail.com
About Logica
Logica is a leading IT and business services company, employing 39,000 people across 36 countries. It provides business consulting, systems integration, and IT and business process outsourcing services. Logica works closely with its customers to release their potential - enabling change that increases their efficiency, accelerates growth and manages risk. It applies its deep industry knowledge, technical excellence and global delivery expertise to help its customers build leadership positions in their markets. Logica is listed on both the London Stock Exchange and Euronext (Amsterdam) (LSE: LOG; Euronext: LOG). More information is available at www.logica.com.
About Spring Global Mail
Spring Global Mail (G3 Worldwide Mail NV) is a joint venture company, formed in 2001 by three of the world’s leading postal organisations – TNT of the Netherlands, Royal Mail Group of the United Kingdom and Singapore Post. Headquartered in Amsterdam and with more than 1,300 employees worldwide, Spring Global Mail provides creative, reliable and cost effective solutions for all types of businesses sending international mail. For more information, please visit our website: www.springglobalmail.com