Keywords: Capgemini, Vengroff Williams & Associates, Order to Cash, OTC, finance, BPO

Capgemini acquires Vengroff, Williams & Associates order-to-cash business

Susie West | News | 15 November 2011

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Capgemini has announced the acquisition of the order-to-cash (OTC) business from US-based Vengroff, Williams & Associates, Inc. and some of its affiliates.

The acquisition will enable Capgemini to build on its finance and accounting BPO services through enhanced offerings in the order-to-cash (OTC) market worldwide.

OTC BPO services can help clients reduce revenue leakage, accelerate the cash-flow cycle and limit bad debt expense - outcomes that clients are increasingly demanding. Revenue leakage from cash collections can account for up to 5% in some firms. Capgemini will be better positioned to address these needs and deliver accounts receivable functions to clients across the globe.

The OTC and collections BPO market size is expected to reach $31bn by 2012 and is growing by more than 10% per annum according to NelsonHall, an industry BPO analyst firm.

For more information:
http://www.marketwatch.com/story/capgemini-enhances-its-leadership-in-finance-accounting-bpo-through-the-acquisition-of-vengroff-williams-associates-inc-order-to-cash-business-2011-11-15