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Spain TDS and KRZN join forces

Payroll accounting for local government

mayo 07, 2009

KRZN (Kommunales Rechenzentrum Niederrhein) provides data-centre services to local governments in the Lower Rhineland region. The organisation has now joined forces with TDS to provide customers with outsourcing solutions for payroll accounting. The two parties have already signed a corresponding agreement. The District of Rheurdt, which entrusted TDS with its payroll processing in the context of a pilot project in 2008, will be the first KRZN customer to benefit from the collaboration.

The complete press release (in German) is available at www.tds.de/tds.com.

About TDS AG

TDS offers IT outsourcing, IT consulting and HR services to mid-sized enterprises and major corporations. The company, founded in 1975, operates predominantly in the German, Austrian and Swiss markets. TDS offers highly tailored solutions in all areas of IT outsourcing – from selected applications to entire IT infrastructures, and with an emphasis on the SAP space. The IT consulting segment provides advice on SAP and Enterprise Content Management (ECM) systems. As a long-standing SAP expert, TDS has in-depth knowledge of the SAP portfolio. The HR services and solutions segment enables companies to outsource individual HR tasks or entire HR processes. TDS handles over 750,000 payroll transactions every month, making it Germany's market leader. Furthermore, companies deploying TDS Personal HR software handle a million payroll transactions. TDS also develops and markets software solutions for financial accounting and not-for-profit organizations, in particular charities, church institutions and local-government agencies. Currently, TDS employs more than 1,000 staff, and in 2007 posted revenues of approximately 106 million euros. In early 2007, TDS was acquired by Fujitsu, one of the world’s four largest providers of IT services. Fujitsu’s portfolio includes software and hardware solutions, as well as diverse services for a wide range of industries and applications. Fujitsu posted revenues of approx. 33 billion euros in fiscal 2007/08, and has a workforce of over 160,000 staff in 70 countries.

Michael Erhard

Phone: Phone: + 89 – 21 90 92 - 120
Fax: + 89 – 21 90 92 - 693
E-mail: E-mail: michael.erhard@tds.de
Company:TDS AG
Pressereferent

Date: 07 mayo, 2009