WNS wins F&A contract from Chiquita
SOURCE: Press Release
DATE: Nov 30th, 2009
WNS wins an F&A contract from Chiquita Brand International. For pure play BPO providers, F&A is kind of like their bread and butter. The challenge faced by pure play BPO providers still continues to be how to expand their business non linear and into higher margin businesses ( or atleast similar margin businesses).
WNS (Holdings) Limited (NYSE: WNS), a leading provider of global business process outsourcing (BPO) services, today announced it has been awarded a multi-year contract with Chiquita Brands International, Inc. (NYSE: CQB) to deliver finance and accounting services. Under this multi-year agreement, WNS will provide finance and accounting back office services to Chiquita’s business entities in North America, Europe and Latin America. The contract with Chiquita marks WNS’s entry into Latin America where the company will look to significantly expand and grow its business.
“This agreement with Chiquita not only underscores our deep experience and successful track record in finance and accounting outsourcing, but also represents a significant global expansion for the company into Latin America,” said Anup Gupta, Group Chief Operating Officer of WNS Global Services. “We look forward to partnering with Chiquita to help them achieve higher levels of operational efficiencies.”
Serving Chiquita in both English and Spanish, the scope of the agreement includes General Accounting, Fixed Assets, Data Standards, Credit Management, Billing, Collections, Dispute Management, Cash Application, Accounts Payable and Travel & Expense.
WNS delivers a comprehensive range of services to retail and consumer products companies, including supply chain management, logistics and sales, marketing and customer care. The company’s long-standing industry experience allows consumer packaged goods and retail brands to improve customer service, reduce costs and streamline processes.
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