Xerox and IBM Ink Pact for Global Imaging and Document Management Services

Fri. November 21, 2008; Posted: 10:46 PM

Nov 22, 2008 (10Meters.com via COMTEX) -- XRX | Quote | Chart | News | PowerRating -- Xerox will scan and image millions of documents for IBM and its customers under a worldwide agreement that was announced.

According to a release, Xerox will serve as the preferred global imaging partner for IBM Managed Business Process Services (MBPS), a unit of IBM Global Technology Services, the company said.

IBM MBPS automates and standardizes back-office functions in areas such as finance and accounting, human resources, customer relationship management, payroll and expense reporting. IBM will leverage Xerox's global document management services to give clients digital access to information currently stored in paper-based documents.

"This partnership will significantly improve service delivery, support continued client growth and reduce costs to keep us competitive," said Larry Huffman, vice president, Global Business Process Delivery for IBM MBPS. "Together our business process expertise will enable greater cost efficiencies and faster response times across clients' businesses."

"Sound document management is critical to improve efficiencies across the enterprise," said Stephen Cronin, president, Xerox Global Services. "Xerox's global imaging and document management services combined with IBM's business process outsourcing prowess is a powerful mix - giving clients a competitive advantage and measurable ROI."

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For full details on International Business Machines Corporation (IBM) click here. International Business Machines Corporation (IBM) has Short Term PowerRatings of 5. Details on International Business Machines Corporation (IBM) Short Term PowerRatings is available at This Link.

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