US Technology inks deal with H&R Block

By : |May 29, 2007 0

CMN Correspondent THIRUVANANTHAPURAM: Extending four-year partnership in developing quality tax products, US Technology, provider of end-to-end IT services has inked a multi-year, multi-million dollar agreement to provide software development and testing services to H&R Block based out of Kansas city. According to this agreement, H&R Block would setup its offshore development center (ODC) in partnership with US Technology at Kerala capital city. The ODC is expected to yield benefits to H&R Block by having a predictable multi-year sourcing model and a shared pool of resources to be utilized across the IT organization, thereby effectively meeting its pipeline requirements. “With access to talented technocrats and a move towards a results-based model, the ODC is a significant step in our ability to deliver to our business needs,” said Karen Orosco, vice president of Technology at H&R Block. Sajan Pillai, president of US Technology, said that the company is excited about this partnership. “We look forward to renewing our commitment to this relationship,” he added. The two companies will continue to collaborate on introducing innovative approaches to develop, test and enhance H&R Block’s retail and online tax products. H&R Block, tax services provider has prepared more than 400 million tax returns since 1955. The company and its subsidiaries reported revenues of $4.9 billion and net income of $490 million during fiscal 2006.

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