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Logica wins central government back office deal

Tuesday, 13th December 2011

Logica, the business and technology service company has been awarded a framework contract by Government Procurement Service (GPS) for the provision of human resources, payroll and finance services to central government. The deal is expected to run over four years and could be worth anything between £50m and £500m, it also includes an outsourcing training element. Read more.

Kofax Announces OEM Agreement with and Investment in MobiFlex

Thursday 1 December, 2011

Kofax plc (LSE: KFX), a leading provider of capture driven business process automation solutions, today announced that it has entered into an OEM agreement with and made a $500,000 minority investment in MobiFlex, Inc., a development stage company whose ViziApps™ mobile platform enables the cost effective creation, publication and management of native applications for smartphones and tablet computers. Today’s announcement is the result of a joint development effort that began in early 2011 and creates the basis for a long term strategic partnership between the two companies.

Institute of Financial Operations inducts new board

Tuesday, 13th December  2011

Range of Professions, Industries Reflects Membership of Legacy Associations

Six new members began three-year terms on the Board of Directors of The Institute of Financial Operations earlier this month, the first new board since The Institute was launched in May as the umbrella organisation for four membership associations.

British and Irish businesses move to use invoice finance to increase funding

Monday, 12 December 2011

In the current climate, the number of British and Irish businesses using invoice finance as an essential type of business finance is increasing, as reported by Asset Based Finance Association (ABFA). In the third quarter of 2011, the number of companies using business finance has increased by 9%, compared with 2010, with a trend towards uptake in larger businesses. Turnover from British and Irish companies using invoice finance has risen though, standing at £62.3bn for this quarter suggesting that firms which use invoice finance are growing their sales and continuing to trade successfully.

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