PracticeConsultingSmith & Nephew finance outsourcing deal win for HP

Smith & Nephew finance outsourcing deal win for HP

Seven year deal for HP to manage Smith & Nephew's outsourced finance operations

FTSE 100 medical equipment business
Smith
& Nephew
has awarded a seven-year deal to HP as part of its
global finance transformation programme.

HP will undertake finance and administration business process outsourcing to
support Smith & Nephew’s plan to streamline processes and achieve cost
efficiencies.

The services will run out of Poland and India.

“As part of our global transformation programme, we intend to streamline our
processes while optimising the costs of operations to deliver a more effective
service to our customers, suppliers and employees,” said David Trollope, senior
vice president, global financial systems for Smith & Nephew.

“Today’s competitive environment means finance functions need to focus more
on providing high quality management information to their businesses rather than
driving day to day finance processes,” said Danila Meirlaen, vice president
business process outsourcing EMEA for
HP Enterprise
Services
.

Further reading:

Accountants
not ready for iXBRL says CCH survey

Messik
leaves Vantis for E-conomic

Insolvency
Service IT upgrade delayed

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