FAO Research Names VWA Top Niche Player in the BPO Space

Vengroff, Williams & Associates (VWA), a leading provider of accounts receivable management and business process outsourcing solutions, today announced a new trend in the Finance & Accounting BPO landscape taken from a report by FAO Research, Inc. published June 2007. The research note focuses on VWA as a prime example of a successful BPO firm with niche offerings and explains why VWA will continue to gain traction and put pressure on traditional suppliers’ market shares in the F&A space.

Additionally the report points out VWA’s differentiators that will be critical factors for continuing their long-term outsourcing success:

• Advanced Proprietary FAO Technology Platform
• Service Provision focused on One Finance Function A/R
• Imbedded Customer-Centric Mentality
• Scaleable Target Market Focus

“My conclusion is that VWA has what it takes to help organizations boost their bottom line by instilling the process, capabilities, technology platform and domain expertise necessary to drive improved cash flow and potentially increased profit margins,” said Lisa Ross, President, FAO Research, Inc. “VWA is in a position to continue putting pressure on traditional suppliers’ market shares.”

“We are pleased to be recognized by FAO Research as top player in the BPO market,” said Mark Vengroff, CEO of VWA. “Our goal is to provide our customers with a series of specialized products and services that specifically target their primary needs centered on improving business processes and ultimately, positively impacting the bottom line.” 

With the ability and flexibility to scale to the needs of both large Fortune 500 and fast-growth companies, VWA continues to be the solution of choice for companies across all industries. During the first half of 2007, VWA has seen tremendous growth within the F&A Space. The level of interest and acquisition of new customers has been record breaking. F&A outsourcing from a VWA perspective has achieved priority status within the fortune 1000. VWA has added 14 new F&A clients within the Fortune 1000 over the past 6 months.