ACS Awarded IT Outsourcing Contract Renewal With Johns Manville.
DALLAS, Sept. 19 /PRNewswire-FirstCall/ -- Affiliated Computer Services Affiliated Computer Services (ACS) (NYSE: ACS) is a Fortune 500 company that provides information technology outsourcing as well as business process outsourcing solutions to businesses, government agencies, and non-profit organizations. , Inc. , a premier provider of business process and information technology outsourcing Information Technology Outsoucing or ITO is a company's outsourcing of computer or Internet related work, such as programming, to other companies. It is used in refence to Business Process Outsourcing or BPO, which is the outsourcing of the work that does not require so much solutions, announced today that it has been awarded a three-year, multi-million dollar renewed information technology (IT) outsourcing contract with Johns Manville (JM), a leading manufacturer of premium-quality building and specialty products.
ACS (Asynchronous Communications Server) See network access server. has been providing IT outsourcing services for JM since August of 2001. These services will continue under the terms of the renewed contract and include transport expense management (TEM TEM
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3. transmissible encephalopathy of mink. ), which provides invoice processing, payments, and payment reconciliation; invoice validation; contract compliance; inventory validation services; and vendor management. These services yield significant telecom expense savings, staff savings, and valuable information on spending habits.
"ACS' IT solutions play a vital role in automating business-critical activities for our company and reducing the burden of administrative overheads," said James Burch, Manager of Network Solutions, Johns Manville. "Their TEM services provide the necessary tools to process, access, and track essential operational and reference data related to key logistics and accounting areas."
"ACS excels at building customized solutions that cater to our clients' unique business needs," said Lynn Blodgett, Group President of ACS Commercial Solutions. "Our expertise in bringing the latest in software and technology to Johns Manville gives them the ability to adeptly handle TEM and auditing functions, and stay on top of key aspects of their business operations. ACS' customized technology platform provides an essential foundation for navigating and driving these critical functions and an environment for ongoing management of vital information."
Along with its extensive achievements in business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in , ACS is experiencing tremendous growth in its IT solutions business. A leading IT outsourcing provider across numerous industries, ACS currently operates several large mainframe and midrange data centers, manages numerous networks, and administers desktops around the globe.
Denver-based Johns Manville is a Berkshire Hathaway company and a leading manufacturer and marketer of premium-quality building and specialty products. In business since 1858, Johns Manville has annual sales of approximately $2.5 billion and holds leadership positions in all of the key markets that it serves. The company employs approximately 8,500 people and operates 43 manufacturing facilities in North America, Europe, and China. Additional information can be found at http://www.jm.com/ .
ACS, a FORTUNE 500 company with more than 50,000 people supporting client operations in nearly 100 countries, provides business process and information technology outsourcing solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange New York Stock Exchange (NYSE)
World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "ACS". ACS makes technology work. Visit ACS on the Internet at http://www.acs-inc.com/ .
The statements in this news release that do not directly relate to historical facts constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements are subject to numerous risks and uncertainties, many of which are outside the Company's control. As such, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. Factors could cause actual results to differ materially from such forward-looking statements. For a description of these factors, see the Company's prior filings with the Securities and Exchange Commission, including our most recent filing. ACS disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future event, or otherwise.
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Web site: http://www.acs-inc.com/ http://www.jm.com/