Riverway Power Chooses Amvensys Technologies to be a Strategic Partner in Outsourced Services
Released on = July 25, 2007, 4:14 am
Press Release Author = Sunil Kumar
Industry = Energy
Press Release Summary = Amvensys Technologies today announced that it has been chosen by Riverway Power Company, Texas leader in low cost power, as its outsourcing partner. Amvensys Technologies will establish & manage a 24/7 back office for Riverway Power out of its Bangalore office. The entire project has been divided into 3 phases and is expected to be completed by year end.
Press Release Body = Amvensys Technologies today announced that it has been chosen by Riverway Power Company, Texas leader in low cost power, as its outsourcing partner. Amvensys Technologies will establish & manage a 24/7 back office for Riverway Power out of its Bangalore office. The entire project has been divided into 3 phases and is expected to be completed by year end.
Amvensys Technologies's work begins immediately on several Riverway Power projects in customer management through a combination of BPO, call center and transaction processing capabilities that are critical to the company's shift towards lowering operational costs by 30% in FY 07-08.
"We are honored that Riverway Power recognized our unique model for small & medium players in Texas Energy Industry and engaged us to support many of the components of its visionary outsourcing initiative," said Sunil Kumar, VP (Operations) for Amvensys Technologies. "We look forward to beginning our work and are excited about helping RPC realize its vision to be not only the largest, but also the most efficient, productive and highest quality electric service provider in the state of Texas."
According to Dwight Berry, Riverway Power's CEO, "Outsourcing back office processes is a step in the right direction for small & medium players as it represents a significant portion of their operational costs, Amvensys Technologies will assist us in deploying key 24/7 systems, processes & personnel making us stronger for the future."
Amvensys Technologies has pioneered a unique but simple outsourcing model that directs the transformational outsourcing initiatives - and increased shareholder value - for companies in Energy retailing markets.
"We understand that Riverway Power wants sustained, ongoing value - continual benefit over the long term that is achievable. This is about innovation and redefining processes and technology to deliver sustained value to Riverway's customers & stakeholders," said Ed Lateef, Managing Director of Amvensys Technologies. "The Riverway assignment again validates that Amvensys Technologies is uniquely able to deliver the kind of value companies seek from BPO suppliers. This, our latest success, will continue to fuel Amvensys Technologies's ongoing progress and growth."
About the Amvensys Technologies
Amvensys is at the forefront of Business Process Outsourcing for Small & Medium Business in US Energy sector. The bouquet of outsourcing services offered has sound foundation and result of the extensive transatlantic experience of the senior management team spanning over 20 years in Investment Banking, Healthcare and Energy Utilities. Through commitment to mutual success and the achievement of tangible value, the company helps businesses implement growth strategies, leverage technology, and thrive through the power of collaboration.
More information is available at http://www.amvensys.com.
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