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Contract Win

27 May 2009 07:00

RNS Number : 8428S
Bond International Software PLC
27 May 2009
 



For immediate release  27 May 2009

Bond International Software plc

THE SYNERGY GROUP IMPLEMENTS BOND ADAPT TO 

SUPPORT AMBITIOUS SALES GROWTH PLANS

International recruitment specialist aims to grow by 20% in 2009 and will implement Bond Adapt in order to streamline business processes -

27 May 2009: The Synergy Group, the high-quality international recruitment, contracting and training services provider, has signed a minimum two year contract to the value of £124,000 with the stock market-listed Bond International Software, to implement Adapt - the market leading recruitment software application.

The Synergy Group incorporates both a recruitment and a training business, delivering most of its placements in the UK, but also performing training assignments internationally for both large corporates and public sector organisations. Bond Adapt will be implemented across both arms of the business, managing the 50-60 placements per month and up to 1,400 timesheets per week. 

Bond Adapt will also support Synergy through its projected annual growth by 20% and remove the need to grow the administrative back-office function in parallel. David Field, Director of The Synergy Group, explains, "We are aiming to grow by at least 20% this year, and are on track to do so, but were concerned that such growth would require us to grow our back office departments at a similar rate so as to adequately support the recruitment and training teams. Through Bond Adapt's functionality and ease of use, our required back office growth will be minimal."

Field continues, "We originally had a basic system written for us when we were only eight people. Since then, we have grown organically to over 100 staff and so needed a supporting software solution with more sophistication, functionality and reliability. We chose Bond Adapt primarily because of the ability to integrate with our existing systems such as our back office and payroll and also its ability to manage our VMS contracts. It is also flexible enough to manage our search for and placement of senior executives as well as candidates at secretarial and administrative level."

The software will be hosted by Bond in the UK so as to also provide a stable and reliable disaster recovery programme for The Synergy Group, allowing the 75 consultants, many of which work from home, to continue operating even if The Synergy Group's systems failed. Field continues, "Our industry is incredibly fast-moving and competitive, never more so given the current economy, and so we simply cannot afford any amount of downtime should an incident occur. Bond Adapt's disaster recovery capability, combined with its operational flexibility and remote access, gives us the confidence to realise our ambitious growth plans."

Tim Richards, Managing Director of Bond International Software, comments, "Bond Adapt's inherent flexibility and experienced sales and support teams give us a strong position in the market to support rapidly growing organisations such as The Synergy Group. Our ability to offer a hosted solution enables us to provide a fully supported outsourced IT service which allows organisations to remain focussed on their strategic objectivesWe look forward to working in close partnership with The Synergy Group to help them develop their business activities."

 

ENDS

About Bond International Software and Bond Adapt www.bondadapt.com 

London stock market-listed Bond International Software plc is a global provider of recruitment and human capital management (HCM) software and services. 

Bond is the largest provider of specialist staffing software for recruitment agencies worldwide. Is a rapidly growing provider of web-based e-recruitment and talent management software to the corporate market and provides HR, recruitment, payroll software and bureau services directly to both the public and private sectors.

Established in 1973 and quoted on the AIM market of the London Stock Exchange since 1997, the company has consistently achieved financial growth and maximised investment in the development of technology and service provided to its international client base.

It has over 30 years experience in the development and creation of products and services that have become industry standards. Headquartered in the United Kingdom, the Group also has offices in the United StatesAustraliaCanadaSouth Africa and Hong Kong with a global team of over 400 employees and 3500 customers.. 

Bond Adapt is a specialist portfolio of recruitment software applications which has earned Bond the reputation for enhancing business growth and profitability throughout the global staffing industry. Although configuration of Adapt recruitment software is easy, Bond offers five pre-configured systems especially for Recruitment, Vendor Managed Serviced (VMS), On-site, ASP and Healthcare. 

Bond Adapt customers include some of the largest recruitment agencies in the world and a large number of private sector organisations, including: Adecco, Hays, Michael Page, Manpower and Kelly.

For further information, please contact:

Bond International Software

Tim Richards

Managing Director Courtlands, Parklands AvenueWorthing.

Tel 01903 707070 Email trichards@bond.co.uk

Press contact

Tim Thompson / Chris McMahon

Buchanan Communications

020 7466 5000

timt@buchanan.uk.com / chrism@buchanan.uk.com 

Will Gardiner / Olivea Nixon

itpr 

01932 578 800

willg@itpr.co.uk / olivean@itpr.co.uk

www.itpr.co.uk

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
NRAUNUNRKKRVUAR
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8th Sep 201610:25 amRNSCash receipt in settlement of loan note
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1st Sep 20164:46 pmRNSStatement re Possible Offer
1st Sep 20164:40 pmRNSPosting of Circular
23rd Aug 20164:10 pmRNSResponse to unsolicited offer
19th Aug 20164:40 pmRNSCompletion of sale
18th Aug 20164:30 pmRNSPosting of Offer Document

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