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ACS Receives Positive Rating for Finance & Accounting Business Process Outsourcing

^{Published on 2009-02-17 06:06:45, Last Modified on 2009-02-17 06:07:38 - Market Wire}
 

DALLAS--([ BUSINESS WIRE ])--Affiliated Computer Services, Inc. (NYSE: ACS) has received a positive market rating in industry analyst firm Gartner Inc.'s recent MarketScope for Comprehensive Finance and Accounting (F&A) Business Process Outsourcing.

Gartner evaluated business process outsourcing (BPO) vendors based on customer experience, market understanding, geographic strategy, product/service, vertical/industry strategy, and market responsiveness/track record. A company attains a positive rating when its business model demonstrates cost savings, deliverable business benefits and an increase in client satisfaction.

"We believe Gartner's ‘positive' rating confirms ACS' position in the market and our commitment to delivering business benefits and overall client satisfaction," said Ron Gillette, senior managing director of ACS Finance & Accounting Services. "By leveraging our extensive global delivery network, ACS clients are ensured seamless F&A management that provides reduced costs and improved service levels, enabling them to focus on their core business."

According to the report, comprehensive F&A BPO consists of support for multiple business processes in the F&A domain through a single BPO contract. It typically includes three or more subprocesses associated with F&A, from the following categories: accounts payable, accounts receivable, general ledger, financial reporting, treasury and cash management and specialist processes, including yield management, shareholder accounting and risk analytics. The MarketScope report was authored by Cathy Tornbohm, Gartner research vice president.

ACS Finance and Accounting Services are core to the company's diversified business process outsourcing service offerings. Our broad spectrum of services includes accounts payable and receivable; billing; general accounting; tax management; and treasury and risk management. The ACS F&A global delivery model supports more than 23 countries and encompasses 20 languages.

About ACS

ACS, a global FORTUNE 500 company with approximately 70,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS at [ www.acs-inc.com ].

The MarketScope is copyrighted 2008 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScopes, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.