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December 1, 2011

Capgemini bags €42m five-year contract renewal with International Paper

Contract extension until 2018 covers the existing full scope of F&A services

By CBR Staff Writer

Capgemini announced that it has won a €42 million contract renewal with International Paper, a paper and packaging company.

The contract extension until 2018 covers the existing full scope of finance and accounting (F&A) services and will bring the total collaboration period to 19 years – one of the longest tenures in the BPO sector.

Capgemini’s relationship with International Paper began in 1999 and currently 480 Capgemini associates sit in more than 240 locations for International Paper. These associates provide F&A services including order to cash, procure to pay, record to analyse and treasury in seven languages, serving multiple customer locations across the globe.

Hubert Giraud, CEO for Capgemini business process outsourcing said that they were delighted to have won this landmark contract extension with International Paper, which is recognition of their trust in our collaboration, commitment and delivery of these important services. The Capgemini engagement team has demonstrated their exceptional capabilities to deliver industrialisation and innovation.

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