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Vengroff, Williams & Associates Adds Marquee Companies to Its Global Client Roster Including Network Appliance and PPG
Outsourcing Predicted to Be a "Recession-Proof Business Tool"
| Source: Vengroff, Williams & Associates
GARDEN GROVE, CA--(Marketwire - November 6, 2007) - Vengroff, Williams & Associates (VWA), a
leading provider of receivables management and business process outsourcing
solutions, today announced new customers including First Look Studios
(www.firstlookstudios.com); Genius Products (www.geniusproducts.com);
Network Appliance (www.netapp.com); and PPG (www.ppg.com).
The recent customer news comes at the heels of research by sourcing
advisory firm, EquaTerra, that predicts that outsourcing is a
recession-proof business tool.
Stan Lepeak, EquaTerra's Managing Director of Research, explained, "...
While buyers still experience challenges with their outsourcing efforts,
overall results have met or exceeded expectations, which has enabled
outsourcing to become a commonplace tool that -- regardless of broader
economic and market conditions -- buyers employ in an effort to improve
their process delivery and reduce operating costs." (source: FAO Today,
October 18, 2007 article) (http://www.faotoday.com/News.asp?id=1224).
"Since credit is now harder to come by with the recent credit squeeze, cash
is once again king," said Mark Vengroff, CEO of Vengroff, Williams and
Associates. "As such, we are seeing more and more companies turn to us to
not only reduce costs as the recent EquaTerra report highlights, but to
also help tighten up their AR process to make sure their receivables
process is optimized. We are excited to work with these latest client
additions to help them increase their cash flow."
About Vengroff, Williams & Associates, Inc.
Founded in 1963, and with $23 billion dollars under its management,
Vengroff, Williams & Associates is a leading provider of receivables
management business process outsourcing (BPO) solutions for Fortune 1000
companies such as Ford Motor Company, Federal Express, Kodak, Microsoft,
Yamaha and others. Applying state-of-the-art proprietary information
systems, best practice work flow and people to realize cost reductions,
operating efficiencies, and improved process design, VWA's approach enables
clients to easily insource or outsource all or part of the quote-to-cash
function. Solutions are customized to each client's requirements or
expanded to incorporate specialized tools and SAS 70 compliant processes
and procedures. Services include full order to cash processing, third party
collections, EIPP systems, deduction management, dispute management, auto
cash solutions, front-end risk mitigation, and tax resolution. VWA has been
named a Top 21 enterprise-level FAO service provider by FAO Today Magazine.
To learn more about VWA, please visit www.vwainc.com or telephone (866)
393-4892.