Xansa PLC - BBC Contract Win
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RNS Number:9386L
Xansa PLC
13 November 2006
13 November 2006
Xansa confirms signature of F&A contract with the BBC
Outsourced finance and accounting deal will release funds for creative
programming
Xansa, the outsourcing and technology company, is pleased to confirm that it has
finalised contractual terms with the BBC for the outsourced finance and
accounting (F&A) services contract that Xansa initially announced on 20 October
2006.
The contract, worth around £85m over 10 years, will save the BBC in excess of
£200m over the life time of the contract. This is a major contribution to the
BBC's strategy to minimise the cost of its support services and release more
money into its creative output.
Xansa will deliver F&A services across the BBC and as prime contractor will be
working with Siemens Business Services to provide infrastructure, applications
support and customer service facilities. Xansa will take over responsibility for
running the services in July 2007.
Commenting on the announcement Alistair Cox, Xansa's Chief Executive, said:
'We are delighted that Xansa has been awarded the contract to deliver F&A
services across the BBC. This is a perfect example of how Xansa's leadership in
providing finance and accounting services can bring significant cost savings to
the BBC, minimising administrative costs and freeing up funds to invest in its
core business of creative programming.''We are particularly pleased to be the
BBC's first offshore business process
outsourcing partner.''Xansa has pioneered the development of onshore-offshore
delivery capability in
this market. Our track record and expertise in blending offshore operational
excellence with onshore customer service will deliver immediate and significant
value to the BBC.'
Contacts
Gordon Stuart Giles Sanderson, James Melville-Ross
Finance Director, Xansa Financial Dynamics
Tel : + 44 (0)8702 416181 Tel : + 44 (0)20 7831 3113
About Xansa
Xansa is a UK-based outsourcing and technology company with over 8000 people in
the UK and India.
With a 44-year history of sustaining long-term relationships and pioneering
better ways of working, Xansa drives real and long-term cost reductions and
performance improvements. Committed to delivering guaranteed business outcomes
through a combination of technology and process expertise, Xansa gives clients
across the private and public sectors the freedom to do more.
Xansa is listed on the London Stock Exchange (XAN.L) with revenues for 2006 of
£357.3 million.
Further information on Xansa can be found at: www.xansa.com
This information is provided by RNS
The company news service from the London Stock Exchange
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