BPO firm WNS buys BizAps
SOURCE: Business Standard
DATE: June 16th, 2008
Mohit Soapbox:
There have been a number of smaller acquisitions in the recent past by firms buying out package implementation firms similar to BizAps.
ARTICLE
WNS (Holdings), a global business process outsourcing (BPO) company, acquired Business Applications Associates (BizAps)—a provider of SAP solutions to optimise ERP functionality for finance and accounting processes— for an undisclosed sum.
Based in the UK and US, with development capability in China, BizAps offers SAP optimisation services and certified solutions designed to simplify SAP roll-out and enhance functionality for internal and outsourced shared services centers.
The acquisition of BizAps will enable WNS to further assist global customers in transforming shared services finance and accounting functions such as purchase-to-pay and order-to-cash.
Neeraj Bhargava, Group CEO, WNS Global Services, said, “This acquisition supports our strategy to enhance service offerings and expand our global footprint.”
Conor Mullaney, CEO, BizAps, said, “We look forward to being a part of WNS and adding our consulting and technology capabilities to take platform-based BPO to next level.”
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