#business-process-outsourcing
#business-process-outsourcing

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Capita 370M Whitehall outsourcing deal challenged in court

Capita won a £370 million ten-year UK government outsourcing contract for HR and finance services across four departments, significantly below the £958.7 million estimated value, facing a legal challenge from rival Sopra Steria over abnormally low bidding.

UK news

fromLondon Business News | Londonlovesbusiness.com

3 weeks ago

Parabellum Investments sells BPO leader Parseq to 1.7bn giant Paragon Group - London Business News | Londonlovesbusiness.com

Parabellum Investments sold BPO specialist Parseq to Paragon Group, transferring a 300-employee business with significant back-office and payments operations growth.

Startup companies

fromFortune

1 month ago

Exclusive: Pace raises $10 million from Sequoia as enterprise AI collides with insurance | Fortune

Agentic AI company Pace aims to disrupt insurance business-process outsourcing by automating document-heavy operations, replacing offshore work and targeting a multibillion-dollar market.

Business

fromBenzinga

3 months ago

Major Decision: Thomas Robert Dechant Exercises Options, Realizing $720K At IBEX - IBEX (NASDAQ:IBEX)

IBEX CEO Dechant exercised options for 45,027 shares valued at $720,882 while IBEX shares traded at $35.01, down 2.7%.

fromAxios

6 months ago

AI is already replacing offshore jobs - with U.S. workers a long-term target

Instead of replacing workers, organizations are finding real gains from "replacing BPOs [business process outsourcing] and external agencies, not cutting internal staff."

Artificial intelligence