ACS, Extends, Relationship,United Technologies, Renewed, $41 Million, Contract
ACS Extends Relationship With United Technologies Through Renewed $41 Million Contract
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The extended contract calls for ACS to continue providing domestic finance and accounting (F&A) services, including accounts payable, travel and expense reporting, payroll and related accounting functions, to United Technologies Corp. (UTC), a diversified provider of high technology products and support services to the building systems and aerospace industries.
"ACS has supported UTC's F&A operations for more than three years, enabling UTC to focus on key business areas and objectives, including systems and process enhancements," said Anupam Tantri, assistant controller, Shared Business Services, UTC.
"Our partnership with UTC demonstrates the strong collaboration, depth of experience and management skills we bring to our client engagements," said Ron Gillette, senior managing director of ACS' Finance & Accounting business. "ACS' global, integrated services are geared to the future growth of UTC, enabling them to achieve quantifiable gains in quality and efficiency as well as operational competitive advantage."
ACS' finance and accounting services are core to its diversified business process outsourcing service offerings. Its broad spectrum of services include accounts payable and receivable; billing; general accounting; tax management; and treasury and risk management.
About ACS
ACS, a global FORTUNE 500 company with 65,000 people supporting client operations reaching more than 100 countries, provides business process outsourcing and information technology solutions to world-class commercial and government clients. The company's Class A common stock trades on the New York Stock Exchange under the symbol "ACS." Learn more about ACS 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 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.
SOURCE Affiliated Computer Services, Inc.
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