Outsourcing its finance function to India has helped a UK-based software provider company to register a profit this year
Eg Solutions, a financial service software company based in Staffordshire, has announced that it has recorded a pre-tax profits of 56,000 pounds in the six months to the end of July, compared to a loss of 810,000 pounds in the preceding half year
The turnaround came in spite of an eight per cent fall in sales from 2.27 million pounds in the first half of 2008 to 2.09 million pounds
“The really pleasing thing is returning to profit. A lot of it is down to cost-cutting.
Source: News4u
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