Church's Chicken Takes Finance and Accounting Off Shore
WNS Holdings Ltd. owner of WNS Global Services, a leading provider of offshore business process outsourcing, recently announced details of a partnership with Church's Chicken.
The relationship will focus on finance and accounting processes for restaurants owned by Church's worldwide, which includes locations in 16 countries and includes Puerto Rico. The two organizations believe their relationship signifies the first time a U.S. restaurant company has outsourced its F&A processes overseas.
WNS will handle operations such as general ledger maintenance, accounts receivables, accounts payables and bank account reconciliation. As part of the arrangement WNS also will maintain the Enterprise Resource Planning platform that provides both technology and processing services for the finance and accounting functions.
Through the partnership, Church's says it expects to increase efficiency, which fit within the brand's core value proposition. Church's also says this agreement will provide it with the resources and capital it needs to add an additional 15 restaurants over the course of the five-year contract with WNS.
'This partnership with Church's is an excellent addition to our growing list of retail clients,' said Eric Selvadurai, chief executive officer of WNS' Enterprise Services, the business unit that includes F&A processes. 'We continue to build our expertise across functional capabilities and vertical industries. A client of Church's stature further validates WNS' strategy and reinforces our belief that our approach is on the right track for WNS and our clients.'
Harsha V. Agadi, president and CEO of Church's, said the company 'is confident this partnership will provide new resources and allow us to better manage our business more effectively and efficiently. WNS has a unique blend of F&A and retail experience that clearly differentiates it from other BPO providers, and that is why we chose WNS.'
WNS will begin processing transactions for Church's starting January 1, 2007.