Vengroff, Williams Associates Selected by DHL Danzas Air and Ocean, DP3 and Martin Marietta for F&A Outsourcing

Vengroff, Williams & Associates (VWA), a leading provider of receivable management and business process outsourcing solutions, today announced additions to its growing customer base of more than 3000 worldwide organizations with new customers DHL Danzas Air and Ocean, DP3 and Martin Marietta.

The recent customer wins comes on the heels of predictions by FAO Research (www.faoresearch.com) that buyer demand for financing and accounting outsourced services will rise steadily this year, with the number of enterprise-wide contracts signed in 2006 expected to grow to more than twice the number in 2005.

?As more and more companies realize that in addition to direct cost savings, outsourcing provides greater efficiencies through proven technologies, operational excellence, assists in SOX compliance, and most importantly, enables their internal resources to focus on more strategic activity, we have seen an increased interest in our solutions,? said Mark Vengroff, CEO of Vengroff, Williams and Associates. ?The recent addition of DHL Danzas Air and Ocean, DP3 and Martin Marietta as VWA customers further validates the adoption of the F&A outsourcing model.?