Before leading companies of BIG 4 provided to TSYS services on tax accounting and consulting. Nevertheless due to flexible approach of BDO Outsourcing Division in Russia to imputed value of services and performance time, readiness to provide additional information on the project and consultations on optimization of expenses finally became a conclusive factor for choice of the company as a provider.
At the moment BDO Outsourcing Division in Russia and TSYS are in the stage of starting up of a project negotiating the main phases and regulations of completing the works.
Mr. Tiunov Sergey, BDO Outsourcing Division in Russia:
- From my point of view winning of the tender is a vivid example showing that BDO can successfully compete with leading operators in the market of consulting. Particularly, companies Ernst&Young, Deloitte and Grand Thornton took part in the final selection along with BDO Group. Of course our win is an evidence of stability and high professional level of our colleagues. As of today aggregate experience of BDO Outsourcing Division in Russia is one of the largest in the market of business processes outsourcing. Subject of our agreement is services in preparation of tax reporting for Russian subdivision of TSYS, cooperation with tax authorities in case of tax audits and tax consulting. We started to interact with the client in the beginning of March 2009, we compiled several variants of commercial offers, had many telephone negotiations both with the Client and our partners in BDO office. We reckon upon further successful collaboration with TSYS and an opportunity of expansion of this collaboration prospective for us.
Information on TSYS:
Today TSYS Company is one of the leaders in the market of outsourcing payment services. The Company provides a wide range of processing technologies for emission and acquiring for consumer lending, processing of debit and credit operations, public health, payments in systems of affinity cards and prepaid services. Financial institutions and retail companies in North, Central and South America, Europe, Middle East, Africa and Asian-Pacific region are clients of TSYS.
