PRESS RELEASE
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WNS signs multi-year contract with SAS Airlines
Leading BPO provider to optimize passenger revenue accounting processes for largest airline company in Scandinavia
Under the terms of the new contract, WNS will transition SAS from an in-house revenue accounting system to the Sirax AirFinance Platform. The new financial management system, combined with WNS' process expertise, staff training capabilities and technical support, will enable SAS to manage over 40 million tickets annually and is expected to enable SAS to significantly reduce spending on revenue accounting. Once the implementation is complete, WNS will deliver the full suite of services critical to revenue accounting accuracy, including sales accounting, inward and outward billing, coupon matching, refunds and fare audits.
"When we decided to move to the new Sirax platform, we had the option to
change providers but decided to continue our relationship with WNS. WNS
has both the industry knowledge and technical capabilities to ensure a
smooth transition without disrupting our current revenue accounting
operations. This allows us to deliver our weekly and monthly forecasts
on time, which is particularly important given the current industry
climate," said
"Whether delivering services through the current SAS system or Sirax
AirFinance, WNS has the expertise to work with a broad spectrum of
passenger revenue accounting platforms, customizing processes to meet
specific needs," said Eric Selvadurai, Managing Director, WNS,
About WNS
WNS is a leading global business process outsourcing company. Deep industry and business process knowledge, a partnership approach, comprehensive service offering and a proven track record enable WNS to deliver business value to some of the leading companies in the world. WNS is passionate about building a market-leading company valued by our clients, employees, business partners, investors and communities. For more information, visit www.wnsgs.com.
About
Safe Harbor Statement under the provisions of the United States Private Securities Litigation Reform Act of 1995
This news release contains forward-looking statements, as defined in the
safe harbor provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements include services expected
to be delivered by WNS under the new contract and expected benefits to
SAS under the new contract. These statements involve a number of risks,
uncertainties and other factors that could cause actual results to
differ materially from those that may be projected by these forward
looking statements. These risks and uncertainties include but are not
limited to technological innovation; telecommunications or technology
disruptions; future regulatory actions and conditions in our operating
areas; our dependence on a limited number of clients in a limited number
of industries; our ability to attract and retain clients; our ability to
expand our business or effectively manage growth; our ability to hire
and retain enough sufficiently trained employees to support our
operations; negative public reaction in the US or the UK to offshore
outsourcing; regulatory, legislative and judicial developments;
increasing competition in the business process outsourcing industry;
political or economic instability in
CONTACT: Investors:
VP -- Investor Relations
ir@wnsgs.com
OR
Media:
UK
Shalini Siromani, +44 203 008 5231
shalini@gutenbergpr.com
OR
Ameya Sirur, +91 9987588991
ameya@gutenbergpr.com
OR
U.S.
Aquin Dennison, + 1 917-664-7235
Aquin@gutenbergpr.com
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