Xansa PLC
30 August 2007
30 August 2007
 BT extends finance and accounting contract with Xansa
 £128 million over six years
Xansa, the outsourcing and technology company, today announces the extension of
its Business Process Outsourcing contract with BT until March 2014. Xansa will
continue to manage BT's UK operations for finance and accounting (F&A)
transaction processing, ledger and payroll services leveraging a combination of
Xansa's onshore and offshore capabilities in award winning shared service
centres in UK and India.
Building on a 20 year relationship, this extension worth £128 million over six
years to Xansa, covers F&A processing, accounts payable, cash, treasury,
payroll, ledger and reporting services. This contract will enable BT to
optimise its use of Xansa's integrated deliver capability to move towards a more
cost effective and efficient Service.
Commenting on the agreement, Andrew Kemp, Group Director of Reporting, Planning
and Analysis, BT said: "Xansa has worked with BT for many years. Not only does
Xansa's outsourcing service provide us with transaction processing expertise,
the company also has an in depth understanding of our business and is committed
in helping us deliver our key outcomes. We fully expect Xansa to continue to
deliver an efficient and cost effective service - with the flexibility to
achieve business change through investment in further process improvement and
service management. We are therefore pleased to be extending our relationship
with Xansa for a further six years."
Commenting on the agreement, Bill Alexander, Chairman and Acting Chief
Executive, Xansa said: "This extension is a great endorsement of the work that
we have been doing for BT over the past 20 years. Extending the service to
Xansa's foundation client, BT, is a reflection of the value added over the last
five years and the evolution of quality in this fast developing market. It also
reinforces Xansa's position as the largest European provider of F&A services."
Contacts
Gordon Stuart Giles Sanderson, James Melville-Ross
Finance Director, Xansa Financial Dynamics
Tel : + 44 (0)8702 416181 Tel : + 44 (0)20 7831 3113
About BT
BT is one of the world's leading providers of communications solutions and
services operating in 170 countries. Its principal activities include networked
IT services; local, national and international telecommunications services;
higher-value broadband and internet products and services and converged fixed/
mobile products and services. BT consists principally of four lines of
business: BT Global Services, Openreach, BT Retail and BT Wholesale.
In the year ended 31 March 2007, BT Group plc's revenue was £20,223 million with
profit before taxation of £2,484 million.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group and
encompasses virtually all businesses and assets of the BT Group. BT Group plc
is listed on stock exchanges in London and New York. For more information,
visit www.bt.com/aboutbt
About Xansa
Xansa is a UK-based outsourcing and technology company that specialises in
delivering business services.
With a 45-year history of sustaining long-term relationships and pioneering
better ways of working, Xansa drives real and long-term cost reductions and
improved business performance. Committed to delivering guaranteed business
outcomes through a combination of technology and process expertise, Xansa gives
clients across the private and public sectors the freedom to do more.
Xansa is listed on the London Stock Exchange (XAN.L) with over 8600 people in
the UK and India. Xansa had revenues in 2007 of £379.7 million.
Further information on Xansa can be found at: www.xansa.com
 This information is provided by RNS
 The company news service from the London Stock Exchange