St. Paul, Minn.― June 16, 2009 - API Outsourcing, Inc. (API), a leading business process outsourcing (BPO) provider in finance and accounting outsourcing (FAO), announced today that they have been recognized by the International Association of Outsourcing Professionals™ (IAOP™) as a “Rising Star” in a number of segments in its initial year of consideration in the 2009 Global Outsourcing 100 Plus Report. API scored highly in a number of categories, including customer satisfaction and management, in the rankings of the world’s leading outsourcing providers and advisors. This report helps buyers of outsourcing services compare providers’ capabilities when making their outsourcing decisions.
“API is very pleased with the recognition by the IAOP in its first year of consideration. It is exciting to know that API Outsourcing is gaining visibility in the industry and being recognized as an industry leader by various organizations. Most importantly and gratifying is to know that it is our customer base, of premier companies, that are extremely satisfied with our services. It is great to see that they are willing to share their experiences with API through these surveys,” stated Gary Halleen, President and CEO of API.
The survey report summarizes that, “companies ranked in the Global Outsourcing 100 employed more than 3 million people globally and that both employment and revenue growth among these companies grew in the double digits. It also shows that the 100 top service provider companies come from 22 countries, demonstrating the global nature of the industry.” (http://www.outsourcingprofessional.org)
About API Outsourcing
API Outsourcing, Inc. is a leading onshore Finance and Accounting Outsourcing (FAO) provider of innovative state-of-the-art document management, accounts payable, bill presentment and accounting services, headquartered in St. Paul, MN. By transforming manual paper-dependent payables and billing processes through our imaging, printing and workflow systems, customers minimize the labor intensive work associated with back-office processing and can focus on their core business. Outsourcing benefits include improved cash flow, reduced processing costs up to 60%, increased business intelligence and improved customer/vendor relationships. API currently processes over one hundred million transactions annually, delivers world-class quality, provides exceptional customer satisfaction, utilizes Six Sigma Techniques and performs a SAS 70 Type II Audit annually.
The International Association of Outsourcing Professionals (IAOP) is the global, standard-setting organization and advocate for the outsourcing profession. With more than 100,000 members and affiliates, IAOP helps companies increase their outsourcing success rate, improve their outsourcing ROI, and expand the opportunities for outsourcing across their businesses.