Sitel, a business process outsourcing (BPO) provider, is opening an additional call center in Managua, Nicaragua to serve English and Spanish-speaking U.S. consumers. The 21,000-square foot facility adds more than 450 seats to Sitel’s established agent base in Nicaragua and will bring its total employee count in that country to nearly 3,000. The facility will be ready for occupancy in December 2010 and Sitel expects the center to receive its first call in Q1 2011.
Sitel first entered Nicaragua in 2008 to provide customer and tech support for Fortune 1,000 companies in wireless, consumer electronics, media services, banking and other financial product lines.
“Latin America, and Nicaragua in particular, has really come into its own as a call center hot spot due to the region’s unique ability to offer culturally aligned, multilingual talent for a wide range of U.S. consumer markets,” said Don Berryman, general manager of the Americas at Sitel. “And with the ongoing support of organizations such as ProNicaragua, as well as the established free trade zone regime, Sitel’s continued investment in this nation and its peoples is a sustainable win-win for our client base and employees.” ***
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Steve Husk, CEO of FRSGlobal, discusses the factors financial institutions are faced with in order to equip themselves against the current regulatory environment.
The adoption of IFRS for Canadian companies is in full swing. As of January 1, 2010, Canadian companies are required to file financial statements under IFRS. Although Canadian GAAP and IFRS are similar, there are three main differences that have posed a challenge for companies: effectiveness testing, hedge accounting eligibility, and fair value measurement. While not an exhaustive list, these issues have posed the greatest challenge for Canadian corporations during the first quarter of 2010. The following paper clarifies some of the differences in hedge accounting between Canadian GAAP and IFRS and shares best practices for hedge accounting to help Canadian corporations navigate through the transition.
With this Spring 2010 Edition of the Phone System Comparison Chart quickly see differences between brands like Avaya, Mitel, Cisco, ShoreTel, 8x8, Panasonic, etc and compare over 94 phone systems by 52 brands for small to big business.