SOURCE: Global Upside

Global Upside

July 19, 2011 11:00 ET

Global Upside Appoints Roy Avondet Senior Advisor to Boost Customer Acquisition

MOUNTAIN VIEW, CA--(Marketwire - Jul 19, 2011) - Global Upside, a worldwide leader in finance and accounting business processes, has appointed Roy Avondet of NextStep Partners LLC, Senior Advisor with responsibility for accelerating Global Upside's new business development. A veteran of Deloitte and Touche LLC, with 34 years' service at the firm, including serving as managing partner of Deloitte's San Jose office, Mr. Avondet will leverage his years of experience in professional services to accelerate Global Upside's growth.

Based in Mountain View, California, Global Upside is a fast-growing finance and accounting business process specialist active in 26 countries worldwide. With clients including digital media provider Rhapsody International and technology solutions provider INX, Global Upside has grown its business through a focus on high-quality technical and transactional services combined with in-country personal customer service. Global Upside's CEO Ragu Bhargava believes the business process outsourcing model is moving to focus on quality as U.S. corporations acquire more experience with outsourcing.

Focus on Quality
"In today's world, timely and accurate financial reporting is more important than ever before, the spotlight on financial reporting shines brighter than ever before, and the penalties for mistakes are larger than ever," said Roy Avondet. "In that environment, Global Upside's business approach of delivering quality in a timely manner is vital, and its growth opportunities are unlimited."

"Corporations are learning it's not sufficient to just look at costs," commented Mr. Bhargava. "If you contract out critical functions in finance like technical accounting, or order to cash, or compliance, it's essential to work with a firm that has the people and systems in place to deliver high-quality, reliable, and accurate results -- and ideally with higher levels of reliability and accuracy than the corporation itself can achieve in-house. At Global Upside, we deliver those results for our clients every day."

Roy Avondet has a track record of successfully building professional service organizations. As regional managing partner of Deloitte and Touche from 2004 to 2006, Mr. Avondet established a professional services audit and assurance team in Hyderabad, India to support Deloitte's U.S. clients. As managing partner of Deloitte's Silicon Valley Technology, Media & Telecommunications practice from 1995 to 2004, Mr. Avondet substantially expanded Deloitte's business with Silicon Valley companies, growing Deloitte's practice tenfold. As an audit partner, he directed Deloitte's services in audits, initial public offerings, and registration statements. After retiring from Deloitte in 2006, he established a consulting firm, NextStep Partners LLC, to help companies navigate complex issues. His client responsibilities have included serving as CFO for public and private companies. In his role at Global Upside, Mr. Avondet will work closely with CEO Ragu Bhargava on new client acquisitions, strategic partnerships, and a targeted growth strategy.

"We are delighted to welcome a man of Roy's talents and experience to our team," commented Ragu Bhargava. "Having Roy on board demonstrates our commitment to deliver value in the work we do for all our customers."

About Global Upside
Global Upside, Inc. is a worldwide leader in finance and accounting business process services. Global Upside provides a broad range of finance services to clients in 26 countries worldwide with a focus on superior quality, timeliness, and in-country real-time customer service. Learn more at www.globalupside.com.

About NextStep Partners LLC
NextStep Partners LLC provides advisory services to help companies navigate complex issues, including: executive level mentoring, strategy, financial information, acquisitions, divestitures and dispute resolution. NextStep Partners LLC was formed in 2011 by Jon Rowberry and Roy Avondet and is based in Salt Lake City, UT.

Contact Information

  • For further information:
    Jeff Ferry
    Palomar PR
    Tel. 650-273-2100
    Email: Email Contact