This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Swiss Post expands into document processing

25 November 2009

Swiss Post Solutions Ltd has entered into a conditional agreement to acquire the Billing Services Division of Microgen plc, as part of strategy of expanding its capability in document processing solutions.

It is anticipated that the acquisition will complete on November 30th, 2009.
The Billing Services Division (BSD) provides multi-channel fulfilment for business to business and business to consumer organisations via print and the electronic provision of documents including invoices, credits, statements, copy invoices, chaser letters and supporting material such as proof of delivery notices. The capability to provide a managed service that processes, stores and distributes billing and related documentation perfectly complements Swiss Post Solutions core mail and document processing services offering.
The integration of the BSD into Swiss Post Solutions will provide clients with access to a Software as a Service (SaaS) e-Billing model, which provides real-time visibility of financial documents, in a fully auditable process. Clients may also choose to continue to have their financial documentation printed and distributed by Swiss Post Solutions, with the option of migrating to an electronic solution.
Commenting on the acquisition Jonathan King, CEO of Swiss Post Solutions Ltd UK & Ireland said:  "The acquisition will increase our capability and competitive edge in the delivery of innovative document solutions in the UK & Ireland. It will also complement our strategy of optimising the flow of corporate information for our clients both externally and internally."
Gerhard Schwab, Chief Executive Officer, of Swiss Post e-Business Solutions, believes that the acquisition of BSD is a natural step in the evolution of Swiss Post Solutions as an international provider of outsourced document processing services:  “This acquisition is an indication of our desire to provide our clients with a comprehensive set of services and solutions and supports our strategy of acquiring complementary technologies and services that increase our competitive advantage or our international coverage. Our clients have varying needs when it comes to managing the efficiency and effectiveness of their business processes. By evolving our services and offering a comprehensive and integrated set of services we are able to assist our clients in realising more value from their corporate information across the document lifecycle.”

Contact Details and Archive...

Print this page | E-mail this page


View more articles
Article image

Why the Law Says You Need a Nappy Bin Disposal Service

At home, parents are used to disposing of their babies’ used nappies the same way they do any other domestic waste - bagging it up and sticking it in the r...
Article image

Acquisition of Atalian and OCS announced by global investment business

Clayton, Dubilier & Rice (CD&R) has announced its intention to acquire FM businesses OCS Group and Atalian for an undisclosed sum....
Article image

Making the Leadenhall Building fit for purpose

Firmly established as one of the most notable buildings in the City of London, the Leadenhall Building (informally known as the cheesegrater) provides a st...
Article image

Account Director finalists confirmed for PFM Awards

Three finalists have been confirmed to attend the final day of judging within the PFM Partnership Awards 2022 Account Director of the Year category....
Article image

YLOTY2018 winner comments on his success on the night

This year's PFM Awards Young Leader of the Year winner, Kristian Trend, gives his reaction winning the award after receiving his trophy on 7 November at Th...
Article image

Atalian Servest confirms first acquisition since 2018 merger

Independently-owned service provider Incentive FM has been acquired by Atalian Servest for an undisclosed sum....