SOURCE: Xchanging

October 25, 2010 02:11 ET

XCHANGING RECEIVES CHAIRMAN'S AWARD FROM BAE SYSTEMS

LONDON, UK--(Marketwire - October 25, 2010) -


Press Release

XCHANGING RECEIVES CHAIRMAN'S AWARD FROM BAE SYSTEMS

Xchanging Procurement Services recognised for providing a world-class resourcing service

Xchanging (LSE: XCH), one of the largest and fastest growing business processors has received a Bronze Chairman's Award from BAE Systems for its implementation of the Enhanced Resourcing Service (ERS) solution. This solution has been implemented across BAE Systems' UK operations for the fulfilment and management of all temporary labour demands.

The Chairman's Award scheme is BAE Systems' principal employee recognition programme, which also acknowledges the efforts and achievements of BAE Systems' partners and customers in delivering benchmark performance, and furthering the company's values. Nominations are adjudicated through a tiered process involving Bronze, Silver and Gold Awards.

ERS is a web based application and forms an integral part of the resources procurement service provided by Xchanging. ERS significantly outperforms the previous platforms that were used for contractor recruitment and management by BAE Systems. It allows faster and a more flexible and transparent system for all stages of temporary resourcing. Implemented over a year ago, the platform has had zero downtime and runs efficiently, greatly enhancing the users' experience.

Ed Cross, Head of Xchanging Procurement Services said, "It is gratifying to be acknowledged by our customers and I thank BAE Systems for this prestigious award. We are proud of the value that our team has delivered and are determined to continue building our track record of excellence".

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About BAE Systems

BAE Systems is a global defense, security and aerospace company with approximately 107,000 employees worldwide. The Company delivers a full range of products and services for air, land and naval forces, as well as advanced electronics, security, information technology solutions and customer support services. In 2009 BAE Systems reported sales of £22.4 billion (US$ 36.2 billion).

About Xchanging

Xchanging is one of the largest and fastest growing business processors. With a wide range of multinational customers in 42 countries and employing over 8,000 people, we are a truly global company. Our aim is simply to provide business processing services better, cheaper and faster.

Xchanging provides procurement, accounting, human resources and technology services across industries. These include banking, insurance, manufacturing, retail and real estate. We combine functional expertise with deep industry domain knowledge to provide specific outcomes for our customers.

Listed on the London Stock Exchange in 2007, the company is in the FTSE250, the index of mid-capitalised companies traded on the London Stock Exchange. Xchanging is also a member of the FTSE4Good index which measures the performance of companies that meet globally recognised corporate responsibility standards.

www.xchanging.com

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Source: Xchanging via Thomson Reuters ONE

Contact Information

  • For further information, please contact:

    Xchanging Group PR

    Meeta Thareja
    Tel: +44 (0)20 7780 5374
    Email Contact

    Cardew Group
    Tel: +44 (0)20 7930 0777
    Rupert Pittman / David Roach
    Email Contact