CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Capita preferred bidder to provide a finance managed service for Boroughs of Wandsworth and Richmond
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Capita preferred bidder to provide a finance managed service for Boroughs of Wandsworth and Richmond PDF Print E-mail
Thursday, 25 February 2016

Capita Local Government has been named preferred bidder for a contract to provide a joint finance managed service for the London Boroughs of Wandsworth and Richmond upon Thames. Capita will handle accounts payable and accounts receivable processes and implement its finance system, Integra, on behalf of the councils.


The contract, which will run for six years with an optional four year extension, will generate considerable cost savings for the councils and improve back office management, providing a more consistent service for employees.

The contract award also establishes a pan-London framework that will allow other London Boroughs to procure finance and print services, and finance systems, from Capita. The framework enables other councils to use the Wandsworth and Richmond managed service solution, or a tailored version for their specific needs.

Chris Buss, director of finance at the London Borough of Wandsworth, said: “Capita has the experience, resource and expertise we were looking for and this new contact will deliver real value for money for local taxpayers. This is a good early win for our joint working arrangement with Richmond Council and will deliver a saving for both councils which helps us to protect front line services.”

Cllr Geoffrey Samuel, Richmond Council cabinet member for finance, said: “I am delighted to welcome yet another example of the determination of this Council to save money through back office efficiencies. In controlling our finances we have two key policies: to share with other councils and to secure for our residents the service provider who best offers a combination of quality and price. This is what we have achieved. I am convinced that as well as saving money and protecting some services, Capita will provide a high quality service for our councils and our residents.”

Mark Chapman, business director for Capita Local Government, said: “We are pleased to be expanding our managed finance services and use of our Integra solution across two new boroughs, supporting the joint working arrangements underway across Wandsworth and Richmond Councils. This new framework agreement means we will be working with both councils to promote this model across London – ensuring that public sector bodies can benefit from the opportunity to reduce their back office costs and improve efficiencies.”
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197