BDI.L Regulatory News (BDI)

For Immediate Release 6 March 2013

Bond International Software plc

("Bond" or "the Company")

Contract Win

CARPETRIGHT SELECTS BOND FOR END-TO-END HR, PAYROLL AND RECRUITMENT FUNCTION

- Bond Teamspirit will provide retailer with HR, Payroll and Time & Attendance software for use across 600 UK wide branches, whilst Bond Payroll Services will conduct outsourced payroll for the entire business -

Bond International Software plc, the specialist provider of software for the international recruitment and human resources industries, is pleased to announce it has won a contract with Carpetright PLC, the leading specialist floor covering retailer. Carpetright has selected two divisions of Bond International Software to provide technology infrastructure and services for its entire HR, Payroll and Recruitment business functions, in a five year contract.

Bond Teamspirit, the provider of modular, yet fully integrated, HR, Payroll and Time & Attendance software, will supply a suite of HR and Managed Payroll Systems, along with modules for P11D, Recruitment and web-based Manager Access and Employee Self Service for use across its 600 nationwide branches.

Meanwhile, Bond Payroll Services, the BACS-registered payroll outsourcing division of Bond International Software, will provide outsourced payroll services to Carpetright, using the data input by the in-house payroll team via Teamspirit software.

Prior to contracting Bond International Software, Carpetright outsourced its payroll processing and relied upon antiquated spreadsheets and paper-based files in order to manage payroll information and keep HR, training and timesheet records updated. While the organisation was able to process payroll accurately, the necessary manual payroll and HR administration was time-consuming and occasionally prone to error.

In light of the upcoming changes in legislation with the introduction of RTI and Auto-Enrolment, Carpetright realised that the HR and payroll departments were not sufficiently equipped to perform the required processes adequately. Consequently, Carpetright began to look for a system which could comply with legislation, create efficient work processes, and provide a central, fully-accessible system across its 600 branches.

Additionally, Carpetright wanted an integrated system which would offer manager access and employee self service to each of its 2,500 store colleagues and managers - allowing employees to update their own information and submit requests, while managers would be able to deal with employee requests, timesheets and staff rotas through a central, eventually paperless, system.

Steve Carpenter, HR Director, Carpetright, comments, "With the introduction of RTI and Auto-Enrolment we realised that in order to comply with the new legislation, we required a system which was designed around the new requirements. Being a supplier who was involved in the pilot scheme, Bond Teamspirit was able to demonstrate a comprehensive understanding of the legislation and reassure us that the software and processes being suggested were proven, reliable and finitely compliant."

Carpenter continues, "The integrated approach from Bond International Software was perfectly evident from the common values held within Bond Teamspirit and Bond Payroll Services - an overriding emphasis on client service, delivery and accuracy has meant that we are supremely confident in their ability to help us manage the payroll and HR needs of our 600 stores."

ENDS

For further information, please contact:

About Bond International Software, Bond Teamspirit and Bond Payroll Services www.bondinternationalsoftware.com 

London stock-market listed Bond International Software has been a global provider of Recruitment, HR and Payroll software & services for nearly 40 years. 

Bond is the largest, and most established, global specialist in staffing software for recruitment agencies worldwide and is a rapidly growing provider of web-based e-recruitment and talent acquisition software to the corporate market. Bond also provides established HR and payroll software and outsourcing 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.

Bond has over 35 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 States, Australia, Canada, South Africa, Japan and Hong Kong - with a global team of nearly 500 employees, 3500 customers and over 100,000 users.

Bond Teamspirit www.bondteamspirit.com

Bond Teamspirit offers a truly integrated system which operates from a single database. This means that it doesn't matter who enters employee information into the system, as it will be possible to view the information anywhere in the system.

If new information is added to any of the Bond Teamspirit modules which hold data on current employees, (HR, Payroll, Time & Attendance, P11D and web-based Manager Access and Employee Self Service), the single database is immediately updated, regardless of which module it is entered into and, subject to security, is available and can be viewed anywhere in the system.

Bond Teamspirit customers include some of the best known corporations and a large number of private sector organisations, including Marshall Aerospace, Joseph Rowntree Foundation and Wolverhampton Wanderers Football Club.

Bond Payroll Services www.bondpayrollservices.com

Bond Payroll Services is a Bacs registered and fully HMRC accredited expert payroll outsourcing solution for companies of all sizes, across all sectors. Bond Payroll Services already supports over 600 organisations, providing an established, professional, reliable and secure payroll outsourcing service.

Bond Payroll Services customers include some of the best known corporations and a large number of private sector organisations, including:  All Saints, Age UK, Publicis, Lego, Holland & Holland and Campine Freeseland.