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News Releases  2007 |
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Outsource Partners International and Trinity Industries Recognized by FAO Research for Finance and Accounting Outsourcing Middle-Market Partnership
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LOS ANGELES, CA - July 13, 2007
Outsource Partners International, Inc. (OPI), a leading professional services firm dedicated solely to finance and accounting outsourcing, announced today that its partnership with Trinity Industries has been recognized by FAO Research for its distinguished use of best practices and thought leadership. Upon review of the engagement, the FAO Research panel commended the partnership as a, “mature relationship,” that, “relies on deep functional expertise,” and, “does what it says it’s supposed to do and does it very well.”
Trinity Industries showcases the benefits that finance and accounting outsourcing can deliver to rapidly growing middle-market companies. Since embracing a finance and accounting outsourcing and technology strategy with providers Outsource Partners International and BearingPoint, Inc., a management and technology consulting firm, Trinity Industries has benefited from consolidated financial operations, flexibility in the face of growth, and access to best practices - all while controlling costs.
Jake Farkas, Director of Business Process Outsourcing at Trinity Industries, spoke to the benefits of the OPI and BearingPoint solutions, “Even while Trinity’s business has more than doubled since the start of the relationship, the finance and accounting outsourced organization has reduced headcount and associated costs, while meeting all business requirements and maintaining favorable performance as compared to industry benchmark data.”
Clarence T. Schmitz, OPI’s Chairman and Chief Executive Officer noted, “It is through the collective efforts of OPI, BearingPoint and Trinity Industries that we have been able to deliver such noteworthy services. Outsourcing should not be done alone, and this is an example of the positive impact that outsourcing stands to make for organizations that commit to developing strong provider relationships.”
Engagements recognized by FAO Research were chosen by a distinguished panel of 11 renowned outsourcing industry experts. Relationships were judged according to a selection of performance criteria including alleviation of business pains, cost savings, ease/rapidity of deployment, increased efficiency, return on investment, regulatory compliance, and quality of relationship.
About Outsource Partners International, Inc.
Outsource Partners International, Inc. (OPI) is a leading professional services firm dedicated entirely to the provision of finance, accounting and tax outsourcing. OPI collaborates with each client to deliver customized business process outsourcing solutions that range from single service functions, such as accounts payable or accounts receivable, to full-service finance and accounting, including general ledger accounting, SEC financial reporting and risk management. OPI’s client-partners benefit from improved financial operations including increased efficiency, flexibility, and transparency, while minimizing risks and costs.
OPI was built and is managed by experienced professional accountants, most of whom are former Big Four accounting firm partners and managers. This unique heritage underlies a strong spirit of partnership with its clients. Placing service and quality first has enabled OPI to build an impressive portfolio of satisfied clients who serve as real-world examples of the benefits of outsourcing.
OPI has more than 1,500 associates operating in its offices throughout the United States, Europe and India. For more information about OPI and its finance and accounting solutions, visit www.opiglobal.com.
For Details, Contact: |
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Clarence T. Schmitz
Phone: 310.996.9538
Email: cschmitz@opiglobal.com
Website:
www.opiglobal.com
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