Business process firm secures wealth of contracts
Parseq, the South Yorkshire based business process outsourcer, has secured four new contracts worth £1.8m in the first month of 2018.
To support the significant growth, the business has invested £275,000 in new technology, software and onsite upgrades, with plans to raise its headcount of specialist staff by 15.
The company’s finance and administration arm provides back office solutions to clients operating in the private and public sectors. The new contracts will see Parseq deliver advanced document management, data capture and cheque and invoice processing services from its secure base in Hellaby.
Parseq’s growing client roster includes FTSE 100 financial services companies, big six energy providers and a number of local authorities.
Craig Naylor-Smith, managing director of Parseq’s finance & administration division, said: “It’s fantastic to start the year on such a high note. The investments we’ve made to meet this new demand will ensure we’re perfectly positioned to deliver the back-office efficiencies that have a measurable impact on our clients’ bottom lines.
“It also represents the continuing hard work and dedication of our people and the great successes we achieved last year. As we begin 2018 in earnest, I’m confident this upward trajectory will continue.
“Our longest client relationships extend over four decades, so we’re looking forward to developing partnerships old and new, working together to drive sustainable growth.”
In 2017 alone, Parseq’s Finance and Administration division processed over 25m customer correspondences, and handled over £15bn in electronic payments.
