Atos Origin has signed a seven year deal to outsource its own accounting.
Under the deal, for which a value was not disclosed, Affiliated Computer Services will provide a range of financial services to the French-based IT services firm. ACS was acquired by Xerox in February for £4.1 billion.
The deal covers accounts payable, accounts receivable, and general accounting services, is aimed at improving general business processes. Atos Origin already outsources its printing management services to ACS.
ACS will implement a range of services, including workflow, customer relationship and compliance management.
It will run the Atos Origin finance centre that is based in Poland, providing services to sites in France, the UK, Germany, Belgium, the Netherlands, and Luxembourg. Under the deal, some 150 finance staff at Atos Origin will transfer employment to ACS.
“Working with Xerox and ACS, we can control costs and better manage the technology, software and work processes that are behind the scenes of our business,” said Michel-Alain Proch, chief financial officer at Atos Origin.