WICHITA, Kan., Feb. 6, 2006 (PRIMEZONE) -- Jeff Bizzack, CEO of Savista Corporation, a leading provider of business process outsourcing (BPO) services to mid-market companies, will share key insights on the growing trend among mid-size and large companies to outsource finance/accounting (FAO) and human resources (HRO) operations together as integrated functions. This timely discussion, "HRO & FAO Crossover," is part of a special executive summit at HRO World West 2006, which will bring together more than 1,000 HR and finance executives and outsourcing specialists during LA HR Week. Bizzack's presentation will be held on Wednesday, February 8, 2006, from 3:30 p.m. to 4:10 p.m., at the Hyatt Regency Century Plaza in Los Angeles.
"The market is ripe for the crossover of HR and finance/accounting outsourcing, which greatly expands the outsourcing value proposition as a comprehensive solution to managing the back office," Bizzack said. "We know from experience that this integration is the key to achieving even greater economic, strategic and operational advantages than outsourcing only one of these functions or both separately. We find that once companies make the decision to outsource either HR or finance/accounting, it's only a matter of time before they embrace the concept of outsourcing both functions, ideally to a single supplier that can effectively integrate the two."
Savista is recognized as one of the few business process outsourcing services providers that can deliver an integrated FAO and HRO solution to mid-market companies. "We have made substantial investments in the development of state-of-the-art technology, world class processes and HR and finance/accounting expertise. We also have a deep understanding of our clients' concerns and issues when it comes to making outsourcing decisions, and clients tell us that this is critical in helping them leverage the value of both HRO and FAO from one supplier," Bizzack added.
Bizzack has 20 years of leadership experience in all areas of human resources and finance/accounting outsourcing. He was named an HRO Superstar by HRO Today magazine for his many contributions to the outsourcing community, including establishing the highest standards of service excellence and client satisfaction in helping Corporate America provide more cost-effective HR programs to millions of employees. In addition, FAO Today magazine designated Savista as a Tier One provider and among the top 10 percent of all BPO services providers serving the finance/accounting sector globally.
Under Bizzack's leadership, Savista has become one of the business process outsourcing industry's leading providers to the mid-market. Prior to joining Savista, Bizzack was Executive Vice President of ProBusiness Services, which he co-founded in 1988 and built into the nation's third largest HR, payroll, employee benefits and comprehensive outsourcing company before it was sold to ADP in 2003.
About Savista
Savista is the leading firm that focuses exclusively on delivering POS and Restaurant Operating Systems for the world's largest restaurant chains, as well as finance/accounting, human resources, and technology solutions for fast-growing mid-market companies. The firm services more than 7,800 restaurants and mid-market companies worldwide today.
Savista also provides Business Process Outsourcing services in the United States to more than 3,300 restaurants in over 40 leading brands, including Applebee's, Burger King, McDonald's, Long John Silver's, Rally's, Papa John's, Church's, Hardee's, KFC, Taco Bell, Pizza Hut, Wendy's and other well-known multi-unit restaurant companies.
With locations in Wichita, KS, Oakbrook Terrace, IL, and Sao Paulo, Brazil, Savista is owned by Accel-KKR -- a private investment firm founded by venture capital firm Accel Partners and private equity investment firm Kohlberg Kravis Roberts & Co. -- and by Savista management. Please visit www.savistacorp.com.