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Xchanging sponsors Oxford and Cambridge Boat Race
 
 Xchanging, a provider of
business processes
outsourcing services,
once again will be the
official sponsor of the
Oxford and Cambridge
Boat Race in April, the
epic clash of two of the
best-known and most
prestigious universities
in the world.
   The company says it’s		 
 privileged to sponsor
the international
sporting event as it
strives for similar
success in the business
world. From just a
start-up in 1999,
Xchanging is aiming to
become the world’s
leading business
processes outsourcing
specialist in HR,		 
 procurement and
accounting for the
banking and insurance
industries.
   It is a privately
owned business that has
grown from just an idea
in 1999 into a company
with a turnover of over
£500m. It now has a
global presence in 14
countries and today		 
 employs over 4,000
staff. Founded on a
model of partnered
outsourcing, Xchanging
helps businesses turn
their non-core
cost-bases into
profit-generating
enterprises – Xchanging
costs for profits.
Deutsche Bank, BAE
systems and Citibank are		 
 among its clients.
   David Andrews,
founder and CEO of
Xchanging, comes from
Accenture, where in 1986
he founded Andersen
Consulting’s outsourcing
business.
   		 
 
buyingTeam wins award for employee engagement
 
 Procurement specialist
firm buyingTeam has been
awarded first class
status for happy staff
in a survey by Best
Companies. Over 600
companies were canvassed
and 124 achieved first
class status. This is
the first year that
buyingTeam has
participated in the
survey.
   In a detailed		 
 assessment process
measuring employee
engagement, over 85% of
buyingTeam people said
they find their work
stimulating, they
believe the organisation
is run on strong values
and they feel proud to
work for buyingTeam.
   The national average
for employee engagement
is 30% according to a
recent CIPD survey. 		 
    “buyingTeam’s 2007
accreditation is an
outstanding achievement.
It confirms its
commitment to the
on-going journey of
workplace engagement.
Our role is to set a
rigorous benchmark so
that organisations can
become even better
employers,” said
Jonathan Austin, chief
executive of Best		 
 Companies.
   Matthew Eatough,
managing director of
buyingTeam, commented:
“Our people are pivotal
to our success and we
strive to provide a
challenging yet fun
working environment in
which they can thrive.
This accreditation
demonstrates our
commitment to being an
employer of choice – I’m		 
 really delighted by the
result.”
   Accreditation status
acknowledges and rewards
organisations that
provide excellent
workplaces, excellent
workplace practices, and
great leadership as
defined by their own
employees.
   		 
 
eg Solutions CEO gains recognition for contribution to business
 
 Elizabeth Gooch, CEO of
AIM listed software
company, eg Solutions,
was among those invited
to a recent reception at
Buckingham Palace for
women who have made a
significant contribution
to business. The
reception was hosted by
the Queen.
   Gooch is one of only
25 women listed in this		 
 year’s Management
Today Top 100
Entrepreneurs. This
figure is 25% higher
than when the list was
first compiled three
years ago, reflecting
the fact that more women
than ever are now
successfully running
their own businesses.
   Gooch, who is the
seventh ranked woman on		 
 the list, feels that,
far from being a
disadvantage, being
female in today’s
financial services
industry has proven
extremely beneficial.
   She said: “My
approach has stood me in
good stead because I am
still one of the very
few women at this level
of the financial		 
 services industry.
That’s not really
changed at all over the
last 18 years in the
City, so I’m quite a
novelty in many respects
and I use that to my
advantage as best I
can.”
   Other guests at the
event included Sharon
Osbourne, Cath Kidson,
Jane Churchill (of Jane		 
 Churchill Interiors),
Sarah Doukas (of Storm
Model Management), Ella
Heeks (of Abel and Cole,
the organic home
delivery service) and
Rosie Cambell-Preston
(Of Inverawe
Smokehouses).
   		 
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