Xerox acquires UK-based Customer Value Group

CVG’s clients include Fortune 500 multi-national corporations that manage the order-to-cash process related to more than $15 billion of revenue in eight countries, seven languages and multiple currencies.

Xerox will offer Value+ as part of its finance and accounting process outsourcing services – processing of client sales and as a stand-alone software application for corporations’ internal finances.

“Our customers are increasingly looking for simple solutions that offer flexibility while keeping operations lean,” said Mark Brennan, group president, Xerox Finance, Accounting and Procurement Services. “With Value+, Xerox can offer a flexible solution that can be easily tailored to meet any business model; further strengthening our full suite of finance and accounting process services”

Based in the United Kingdom, CVG’s management team and employees will remain with the company and will continue to operate from its London office.