Category: ÃÛÑ¿´«Ã½
Date: 15.06.2006
Printable version
The ÃÛÑ¿´«Ã½ announced today a shortlist of bidders selected to the next stage in
the re-procurement of outsourced finance and accounting services.
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The four companies that have been selected for Invitation to Contract, the third
stage of the bidding process are, in alphabetical order:
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Capita
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EDS
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Progeon (Infosys)
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Xansa
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The bids received from the long-listed bidders were of high quality and bidders
were selected through a rigorous EU procurement process conducted by the ÃÛÑ¿´«Ã½'s
evaluation team.
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This included significant input from business stakeholders in
the ÃÛÑ¿´«Ã½.
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The four finalists were chosen because of their close fit with the
ÃÛÑ¿´«Ã½'s evaluation criteria, which include value for money, synergy with the
culture of the ÃÛÑ¿´«Ã½, and capability to provide high-quality service to the ÃÛÑ¿´«Ã½.
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Zarin Patel, ÃÛÑ¿´«Ã½ Group Finance Director, said: "We have been impressed by the
quality of the bids and high level of competition, and all four bidders deserve
to have reached the shortlist stage.
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"We look forward to working with them more
closely over the next few months and we expect to announce the winning bidder in
the autumn."
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The finance and accounting services being re-procured were originally outsourced
in 1997 to Medas as part of a ten-year contract which runs until the end of June 2007.
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Medas is a wholly owned subsidiary of EDS.
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Services currently provided by Medas
include payments to external suppliers and artists and contributors, staff
payroll and expenses processes.
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The purpose of this project is:
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to re-procure finance and accounting Business Process Outsourcing (BPO)
services for the ÃÛÑ¿´«Ã½ with an effective transition between the current and new
contract;
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to deliver a new BPO contract which will deliver value for money through
significant initial and ongoing savings, through a contract relationship that is
flexible and transparent and that provides incentives to both the ÃÛÑ¿´«Ã½ and its
supplier to collaborate, innovate and improve benefits throughout the contract.
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The contract length is for five to ten years.
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The ÃÛÑ¿´«Ã½ is looking for provider/s that can transform the systems area, including
the development of further e-business capabilities to help in delivering a "simpler ÃÛÑ¿´«Ã½".
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Final negotiations are expected to take place throughout the summer, with an
announcement of the successful bidder in Autumn 2006.
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ÃÛÑ¿´«Ã½ staff and the unions are being kept fully informed during the process.
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No ÃÛÑ¿´«Ã½ staff are currently in scope to be outsourced as part of this contract as
the contract is a second generation outsourcing.
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Notes to Editors
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Medas and the ÃÛÑ¿´«Ã½
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Medas is a wholly owned subsidiary of EDS.
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Medas was founded in 1997 to provide
financial transactions processing for the ÃÛÑ¿´«Ã½ and also support the IT systems
that facilitate that processing.
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The company became fully operational in March
1998 following the transfer of nearly 400 finance staff from the ÃÛÑ¿´«Ã½, in
addition to the 80 IT staff who transferred in March 1997.
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Medas operates from
two sites: Ealing (West London) and Cardiff.
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The services Medas provides to the ÃÛÑ¿´«Ã½ are in summary:
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Accounts Payable
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Accounts Receivable
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Contributor Payments
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Expenses and Advances
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Financial Accounting
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IT systems support and development
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Payroll
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About the shortlisted companies
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Capita
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The Capita Group Plc is a UK-customer focused organisation, providing an
integrated range of services across the UK's public and private sectors for more
than 25 years. Capita has a network of over 230 offices with 24,000
people including 29 business centres.
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EDS
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EDS is the parent company of Medas, the current provider of outsourced Finance
and Accounting services to the ÃÛÑ¿´«Ã½, which was awarded a ten year contract in
1997. EDS has been providing Finance and Accounting services since 1968. EDS
has approximately 115,000 BPO staff.
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Progeon
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Progeon is a wholly owned subsidiary of Infosys Technologies Ltd, a global IT services and consulting organisation. Progeon currently has over 7000 employees with around 900 professionals delivering Finance and Accounting services globally. Finance and Accounting accounts for nearly 15% of total BPO revenue.
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Xansa
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Xansa have been providing Finance and Accounting services since 2001 and have
1,900 Finance and Accounting staff based across a number of locations. Finance and Accounting services forms the largest component of Xansa's BPO portfolio.
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