
Parseq
Back-Office Operations
Parseq is a trusted BPO provider that offers back-office operations for banking, financial services, and government sectors, known for its extensive experience in document and payment processing.
Size
201-500
Private
10m-50m
Mission
About
Parseq offers back-office operations along with digital transformation and IT consultancy services for clients in banking, financial services, government, and utilities. The company operates using an onshore, nearshore, and offshore delivery model and supports clients across multiple countries.
It is recognized for processing over £36 billion in payments annually, with a strong emphasis on secure document handling and a commitment to continuous improvement.
Services
Parseq provides back-office operations supported by digital transformation and IT consultancy services. These services include document indexing and digitization, billing and invoicing, and accounts payable, tailored to support financial processing and document management needs.
Capabilities
Document Indexing & Digitisation
Data Entry & Data Processing
Billing & Invoicing
Procure-to-Pay (P2P)
Order-to-Cash (O2C)
General Ledger & Reconciliation
Accounts Payable
Accounts Receivable
Payroll Accounting
Financial Planning & Analysis (FP&A)
Tax Compliance & Filing
Treasury & Cash Management
Market & Competitive Intelligence
Business & Financial Research
Knowledge-Base Maintenance
Content Moderation
Industries Served
The company serves clients in banking and financial services, government and public sector, energy and utilities, telecommunications, and education. It has experience supporting FTSE 100 financial institutions and major organizations, ensuring compliance with industry-specific requirements.
Unique Stregths
Parseq is known for its extensive operational capacity, processing significant volumes of payments and documents annually. Its approach includes Lean Six Sigma methodologies to drive continuous improvement, ensuring quality and efficiency in service delivery.
Delivery Footprint
Headquartered in the UK, the company operates using an onshore, nearshore, and offshore delivery model. It serves clients across eight countries, with teams working in hybrid environments to meet diverse client needs.
Certifications
No items found.
Verticals
Banking & Financial Services
Government & Public Sector
Energy & Utilities
Telecommunications & Media
Manufacturing & Industrial
Education & EdTech
Clients
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What's the main service provided by
Parseq
?
Parseq specializes in back-office operations, delivering a range of services that include document indexing and digitization, billing and invoicing, accounts payable, and various financial processes. Their expertise extends to areas such as data entry, procurement, payroll accounting, and tax compliance, ensuring comprehensive support for clients' operational needs.
What additional services does
Parseq
provide?
When was
Parseq
founded?
Founded in the year 2000, Parseq has been in operation for over 23 years. Since its establishment, the company has evolved by integrating digital transformation and IT consultancy into its core services, catering to a diverse clientele across multiple industries.
What industry verticals does
Parseq
serve?
Parseq serves a wide array of industries, focusing on sectors such as Banking & Financial Services, Government & Public Sector, Energy & Utilities, Telecommunications & Media, Manufacturing & Industrial, as well as Education & EdTech. This broad industry expertise allows them to tailor solutions to meet specific client requirements.
What delivery model does
Parseq
offer?
Parseq employs a versatile delivery model that includes onshore, nearshore, and offshore operations. Onshore services are provided within the same country as the client, nearshore services are delivered from neighboring countries, and offshore services come from distant locations. This multi-faceted approach enables Parseq to optimize resources and deliver high-quality support to clients across various geographical regions.
How many employees and/or seats does
Parseq
have?
Parseq has a workforce ranging from 201 to 500 employees. This size allows the company to maintain a robust operational capacity while also being agile enough to adapt to the specific needs of their clients.
Can
Parseq
be considered a good service provider for startups?
Parseq can be a suitable service provider for startups, particularly those in need of reliable back-office solutions as they scale. With a strong focus on document management and financial processing, startups can benefit from Parseq's expertise to streamline their operations and focus on core business growth. Moreover, their flexible delivery model allows startups to choose the most cost-effective solution that fits their evolving needs.
Can
Parseq
be considered a good service provider for SMBs?
Parseq is well-positioned to support small and medium businesses (SMBs) with its comprehensive service portfolio. The company's experience in various sectors, coupled with its scalable solutions, makes it an ideal partner for SMBs looking to enhance their operational efficiency. Parseq's ability to adapt its services based on client requirements ensures that SMBs receive the necessary support to grow and thrive in competitive markets.
Can
Parseq
be considered a good service provider for enterprises?
Parseq is an excellent service provider for enterprises and large companies, given its significant operational capacity and extensive experience in handling complex back-office processes. With a proven track record of processing substantial volumes of payments and documents, Parseq offers reliable and sophisticated solutions that cater to the unique demands of large organizations. Their commitment to quality and continuous improvement further enhances their appeal to enterprise clients seeking dependable partners.
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