DATASERV ADDS NEW PARTNER

DataServ, the leading On-Demand service provider of document management, workflow and outsourcing solutions, has added finance veteran Jim Fox as a new partner. Fox is responsible for business and product development including the development and marketing of DataServ's new Finance Managed Services (FMS).

Prior to joining DataServ, Jim was SVP, Shared Services and Global Transformation Leader for Reuters Limited. In his role at Reuters, Fox was responsible for developing and managing the Americas Finance Shared Service function, as well as implementing Reuters' world-class finance strategy. His experience at Reuters included establishing an offshore service capability in Bangalore, India in 2004, outsourcing various activities and designing "best-in-class" finance management capabilities. Previously, Fox was a Corporate Controller of a technology company and a Senior Manager with Deloitte.

"Jim's wealth of first-hand experience in knowing what is effective and what simply does not work when it comes to finance and outsourcing will be of great value to the company in support of the expansion of the services we offer," says Jeff Haller, CEO of DataServ.

"DataServ FMS is a natural progression of how we already support finance and administrative functions," says Haller. DataServ FMS allows companies of any size the opportunity to benefit from business process outsourcing, including streamlining processes and improving productivity while maintaining control over vital financial processes. No longer does a company have to settle for an "all or nothing" approach associated with a typical BPO arrangement. DataServ FMS allows clients to tailor a solution to fit the specific needs of the company. Clients choose their own combination of services to create the solution that will reduce the cost of their low-value process activities, so they can then focus resources on more critical areas of their business.

"Offering a different approach to finance and administration outsourcing means that financial executives can focus on core and value-added activities while leveraging DataServ FMS capabilities for non-core effectiveness and efficiency gains" says Fox. "Often, the long return on investment (ROI) on technology solutions and the 'all or nothing' risk associated with traditional business process outsourcing solutions fall short of clients' control objectives or risk tolerance. DataServ enables our clients to reduce the cost of finance functions while maintaining control of their financial processes."