Santa Clara, CA and Harpenden, UK (PRWEB) March 26, 2013
JPD Financial, a business process outsourcing firm that helps many of the world’s largest companies better manage their cash and accounts payable, continues to build its international business with several new European customers and clients extending their existing contracts with its Vendor Credit Recovery™ Service.
New Clients and Extended Contracts
- British Airways renews its audit agreement with JPD Financial following a successful three-year initial contract.
- JPD acquired new contracts with large companies in the metals, life sciences and automotive verticals in Europe.
- JPD posted 25% growth in European revenue over the last year.
A Payables Safety Net
“British Airways have worked with JPD since 2010. During that time JPD has recovered significant sums of money on our behalf from various sources including open supplier credits, duplicate payments and tax recoveries. They have worked with us and our suppliers in a professional and collaborative manner. It is reassuring to have JPD working as a safety net on our behalf actively uncovering and pursuing all monies due,” said Elaine Mozdzynski, Payment Services Manager for British Airways. “Renewing our contract with JPD was an easy decision, as they respond quickly and efficiently to the frequent changes that we experience in our business.”
Nick Hunt, European Managing Director for JPD Financial commented, “We are pleased with our growth in Europe, particularly when it is a result of both new client acquisition and existing such as British Airways deciding to renew a multi-year contract.”
“It is critical we have a strong international presence to properly support our growing global customer base,” said Dennis Donahue, JPD Financial President and COO. “JPD Financial’s international growth demonstrates that our approach to service delivery is working and that we are not only attracting large new customers but more importantly, that renewing a contract with us is an easy, clear-cut decision for our existing clients.”
About JPD Financial
For more than 25 years, JPD Financial has worked behind the scenes on behalf of Fortune 1000 clients to research and uncover funds that would otherwise be lost in today’s automated systems and written off due to accounting miscommunications. They work with their clients’ suppliers to research credits, overpayments, and misapplied or duplicate payments that appear on their records, but which may not appear on the standard statements their clients receive. JPD Financial is headquartered in Santa Clara, California with a European office in Harpenden, UK to service its global client base. JPD Financial’s client base includes most major vertical industries such as healthcare, telecommunications, energy, consumer goods, and manufacturing. For more information, visit http://www.jpdfinancial.com.
Phone: + 1 650 766 8242
Vendor Credit Recovery is a registered trademark of JPD Financial Services, Inc.