| BT extends finance and accounting contract with Xansa
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| | Xansa has secured a £128m extension of its Business Process Outsourcing contract with BT until March 2014.
Under the extension, Xansa will continue to manage BT's UK operations for finance | |
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| | and accounting (F&A) transaction processing, ledger and payroll services, leveraging a combination of Xansa's onshore and offshore capabilities in award winning shared service centres in UK and India.
Building on a 20-year | |
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| | relationship, this extension worth £128m over six years to Xansa, covers F&A processing, accounts payable, cash, treasury, payroll, ledger and reporting services.
Xansa chairman and acting chief executive | |
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| | Bill Alexander commented: "Extending the service to Xansa's foundation client, BT, is a reflection of the value added over the last five years and the evolution of quality in this fast developing market. It also | |
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| | reinforces Xansa's position as the largest European provider of F&A services."
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