Atlas Copco outsources parts of its finance processes
November 9, 2011
Stockholm, Sweden, November 9, 2011: Atlas Copco has entered into an agreement with Infosys Limited to handle parts of its financial processes, such as accounting to reporting and processing of supplier invoices.
“This outsourcing follows the same strategic development that has been successfully deployed in many other processes within the Group, for instance in manufacturing, logistics and information technology,” says Hans Ola Meyer, Chief Financial Officer of Atlas Copco AB. “Leveraging the size and global presence of Infosys will make it possible to further improve the quality and efficiency of the processes, at a competitive cost.”
The project will affect approximately 230 positions within Atlas Copco, and of these Infosys will offer employment to around 70 staff working in the Czech Republic. The transition of services to Infosys is planned to begin on November 16.
For further information please contact:
- Hans Ola Meyer, Chief Financial Officer
+46 (0)8 743 8292 or +46 (0)70 588 8292
- Daniel Frykholm, Media Relations Manager
+46 (0)8 743 8060 or +46 (0)70 865 8060