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24 September 2014
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大象传媒 announces first round of bidders for the re-tendering of its outsourced financial services


Category: 大象传媒

Date: 06.03.2006
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The 大象传媒 launched today the next phase in the re-tendering process for its outsourced financial services.

The process began in December 2005 with the publication of a notice in the Official Journal of the European Union (OJEU).

It has attracted a wide interest from a broad range of highly respected service providers.

Seven organisations are being taken through to the next round, all of whom have demonstrated a strong desire and credibility to be potential suppliers for the 大象传媒's outsourced financial services.

The list of successful companies (in alphabetical order) is:

ACS

Capita

EDS

Genpact

IBM

Progeon

Xansa

Zarin Patel, the 大象传媒's Group Finance Director, said: "I am delighted that we have had such a positive response from bidders.

"We can now go through to the next stage of the evaluation process with confidence that we have a strong field to choose from."

The financial services being re-tendered were originally outsourced in 1997 to Medas as part of a ten year contract which will end in June 2007.

Medas is a wholly-owned subsidiary of EDS.

Services currently provided by Medas include payments to external suppliers and artists and contributors; staff payroll and expenses processes and the management and maintenance of related financial systems.

The 大象传媒 has conducted a rigorous process of selection from a strong field in order to compile the long list of interested parties.

The seven bidders will proceed to the next stage of the process, and a short list will be published later this summer.

Final negotiations will then take place, and it is expected that the final winner will be announced in Autumn 2006.

The new contract is due to start in July 2007.

The re-tendering of the financial outsourcing deal is expected to deliver significant savings to the 大象传媒 as part of a strategy to put extra resources into programmes and transform the organisation into a simpler and more creative digital broadcaster.

No 大象传媒 staff posts are currently within the defined services being procured.

Notes to Editors

Medas and the 大象传媒

Medas is a wholly owned subsidiary of EDS.

Medas was founded in 1997 to provide financial transactions processing for the 大象传媒 and also support the IT systems that facilitate that processing.

The company became fully operational in March 1998 following the transfer of nearly 400 finance staff from the 大象传媒, in addition to the 80 IT staff who transferred in March 1997.

Medas operates from two sites: Ealing (West London) and Cardiff.

The services Medas provides to the 大象传媒 are in summary:

Accounts Payable

Accounts Receivable

Contributor Payments

Expenses & Advances

Financial Accounting

IT systems support and development

Payroll.

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Category: 大象传媒

Date: 06.03.2006
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