Draft:Parseq
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|  |
| Industry | Business services |
|---|---|
| Headquarters | Hellaby, Rotherham, , UK |
Area served | Worldwide |
Key people | Rami Cassis Craig Naylor-Smith |
Number of employees | 500+ |
| Website | Parseq |
Parseq is a British business process outsourcing (BPO) company headquartered in Hellaby, South Yorkshire. The company provides services such as document processing, finance and accounts outsourcing, IT services, and secure print solutions.[1]
Parseq serves FTSE 100 financial firms, energy providers, and local governments.[2][1]
History
[edit]Parseq, originally named Documetric in 2007, was founded in 2010.[3]
Documetric was formed in 2007 through the acquisition of Atos Origin's data capture division.[4]
In 2010, Documetric merged with AIM-listed IE PLC, forming Parseq PLC under the ownership of Rami Cassis.[5][6][7][4] Parseq PLC included both Parseq and ieDigital, becoming part of Parabellum Investments portfolio.[8][9]
In 2013, Parseq expanded its BPO presence in the UK by acquiring The Panther Group.[10]
In 2016, the company sold Pell & Bales, a fundraising agency, which later faced liquidation following public backlash over its cold calling practices.[11]
In 2022, Parseq had a turnover of £9.8 million.[12]
In 2019, Parseq extended with branches in Chennai, India, and acquired companies in Sofia and Plovdiv, Bulgaria.[13] In 2022, it merged with Column Software, forming Parseq Asia Pvt Ltd, focusing on trading in India.[14][15][1]
In 2023, Parseq shut down its Chennai office and acquired the TALL Group of Companies Ltd, including all its trading entities.[14][15][16] As of January 2024, Parseq handles approximately £36 billion in payments, digitizes 70 million documents, prints 117 million secure documents, and has completed over 220 IT implementation projects globally.[17]
Parseq invested in mental health training, with 27 champions trained by 2023, constituting 16% of its workforce.[18]
Awards and accolades
[edit]Parseq has received several awards for its contributions to the outsourcing industry.
- Exporter of the Year, Halton Business Awards, 2023.[19][20]
- Innovation Outsourcing, National Outsourcing Association, 2014.[21]
- Best Finance & Accounts Outsourcing Team, Outsourcing Professional Awards, 2014.[22]
- Employer of the Year, GSA Professional Awards, 2022.[23]
- Editor’s Choice Award – Document Manager Awards, 2022.[24]
- Best Overall Company Response to COVID-19 – Global Sourcing Association (GSA) Professional Awards, 2020.[25]
References
[edit]- ^ a b c Stuart-Turner, Richard (2024-01-25). "Parseq kicks off 2024 with double appointment". Printweek. Retrieved 2024-04-12.
- ^ "Parseq secures four new contracts and invests in technology".
- ^ "Parseq contact center division".
- ^ a b "Parabellum-backed Parseq sells contact centre division following successful turnaround".
- ^ "Nova set to take Parseq private". Real Deals. Retrieved 2024-04-12.
- ^ Cardy, Todd (2011-10-25). "AIM-listed Parseq leaves to go private". Growth Business. Retrieved 2024-04-12.
- ^ "News: Parseq sells contact centre division". Retrieved 2024-04-12.
- ^ "Cb insights".
- ^ Bignell, Francis (2021-05-06). "ieDigital: Have UK Financial Institutions' Investments Into the Digital World Provided Returns?". The Fintech Times. Retrieved 2024-04-12.
- ^ "Parseq acquires The Panther Group to create one of UK's biggest | TheBusinessDesk.com". Yorkshire. 2013-02-12. Retrieved 2024-04-12.
- ^ Sawer, Patrick (2016-08-28). "Charity fundraisers face collapse after backlash against cold calls". The Telegraph. ISSN 0307-1235. Retrieved 2024-04-12.
- ^ "lowton way 19863" (PDF).
- ^ "Parseq makes senior appointment to support growth".
- ^ a b "PARSEQ targets new UK and global growth with COLUMN merger - Sheffield Chamber". www.scci.org.uk. Retrieved 2024-04-12.
- ^ a b "Column Software Solutions Pvt. Ltd. Financial Overview, Employee Count, and Competitors". Apollo.io. Retrieved 2024-04-12.
- ^ Stuart-Turner, Richard (2023-01-04). "Tall Group acquired by Parseq". Printweek. Retrieved 2024-04-12.
- ^ "News: Parseq kicks off 2024 with double appointment". Retrieved 2024-04-12.
- ^ "What Parseq has learned about mental health training in our workforce: Craig Naylor-Smith".
- ^ Halton Business Awards - Exporter of the Year - Parseq. Retrieved 2024-04-12 – via www.youtube.com.
- ^ "The 2023 Category Finalists & Winners | Awards | Halton Chamber of Commerce & Enterprise". www.haltonchamber.co.uk. Retrieved 2024-04-12.
- ^ "Parseq scoops NOA Award for innovation". Bdaily Business News. 2014-11-21. Retrieved 2024-04-12.
- ^ "PARSEQ WINS BEST FINANCE AND ACCOUNTS OUTSOURCING TEAM 2014 - Global Banking | Finance". Globalbankingandfinance. 2014-09-09. Retrieved 2024-04-12.
- ^ "UK awards 2022 Shortlist". www.gsa-uk.com. Retrieved 2024-04-12.
- ^ "Document Manager Awards". dmawards.com. Retrieved 2024-04-12.
- ^ "GSA Professional Awards Shortlist Press Release" (PDF).
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