AkzoNobel Extends IT Services Deal With Infosys BPO

New Delhi: IT services major Infosys on Tuesday said paints and coatings maker AkzoNobel has extended partnership with its subsidiary Infosys BPO.

It was originally selected by AkzoNobel to accelerate the company's finance transformation programme and streamline operations for its Decorative Paints business in over 30 countries across Europe, the Middle East and Africa, Infosys said in a statement.

As part of the deal extension now, the transformation programme has been extended across AkzoNobel's Performance Coating business in Europe and North America as well, it added.

Infosys BPO will deliver finance and accounting services out of its global delivery centres in Poland and India, in English, Spanish and several other European languages, it said.

The subsidiary will partner with AkzoNobel to set up a finance services organisation by consolidating work from seven business groups across 55 locations, it added.

The deal extension involves standardisation and outsourcing of the transactional accounting organisation for the Performance Coating business of AkzoNobel.