Balancingriskwith collections
Arvato has secured a three-year multi-agency contract extension from the Department for Transport (DfT) as their SAP implementation partner, which will see it support the department to develop and transform back-office cloud solutions in line with the government’s Future of Shared Service (FOSS) strategy. Debra Maxwell, CEO, Arvato CRM
Debra Maxwell
Solutions UK, said: “This is a significant milestone for our business and signifies a clear belief in the value that shared services are providing to the DfT. “We are enabling our customers to realise new cost
savings and efficiency gains by redesigning their service delivery model, and we look forward to supporting the DfT and its executive agencies with their ongoing digital transformation journey. “Our employees have shown fantastic commitment and
hard work since the contract began, and we are proud of the roots we have grown with the broader community in promoting it as a great place to do business.”
RestonsSolicitorsLimitedassistsanumberof marketleadersintheDebtPurchase,Finance and Utility sectors with both secured and unsecuredcollections.
Our fundamental understanding of
commercial, reputational and compliance issues, togetherwith a focused, proprietary interest in our clientsÕ receivables means that we continue to excel in terms of client satisfaction, recoveries and complaintavoidance.
To Þnd outmore about how our expertise can help you, contact Nigel Coe on 01925661602or
npc@restons.co.ukorgoto
www.restons.co.uk
Duncan Swift, corporate advisory services partner and head of the Food Advisory Group at Moore Stephens, has been appointed president of insolvency and restructuring trade body R3. As president, Swift will work with the R3 senior management
team to help shape R3’s direction, as well as supporting its day-to- day operations. He said: “For the past three decades, R3 membership has been
an integral part of a career in insolvency and restructuring, and the organisation has offered crucial representation and support to the profession, and insight into the major issues affecting it. “I want R3 to remain at the forefront of the key issues affecting
the profession and the people and businesses it supports, and ensure that the UK continues to have a first-class insolvency and restructuring framework – one that rescues businesses, preserves jobs and helps people manage their finances.”
Lowell has announced positive quarterly results for the period 1 January to 31 March 2019, showing the strong momentum carried over from 2018. Colin Storrar, CFO, said: “I am pleased with the start we have
made to the year. These results are the natural progression of a maturing business capitalising on its scale and the strong momentum created last year. “We have delivered growth across our key metrics. Cash EBITDA
growth has continued to outperform Cash Income growth as we benefit from an increase in margin. Our 3PC business contributed 20% to Cash Income: providing an important capital-light source of revenue. Our 120m ERC has grown 11% year-on-year to over £3.1bn, and our collections performance in the first quarter has continued to perform above expectations – a clear demonstration
46
www.CCRMagazine.com June 2019
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