Jamba Inc announced today it has entered into an agreement with Capgemini. The agreement provides enhanced administrative tools and technology services.
August 26, 2014
Jamba Inc announced today it has entered into an agreement with Capgemini. The agreement provides enhanced administrative tools and technology services.
Under the agreement, specific administrative tasks, including application maintenance and development as well as finance and accounting support, that are currently being handled internally at Jamba will be transitioned to Capgemini. The transition, which will utilize Capgemini's Global Enterprise Model1 methodology, is expected to contribute to the 10-20% reduction of overall G&A.
"The relationship with Capgemini is intended to provide the Company with the tools and capabilities required to support our growth plans," said Karen Luey, Jamba EVP and chief financial and administrative officer in a company press release. "This move is part of our ongoing efforts to enable rapid global growth supported by world-class infrastructure, processes and systems. We are providing strong outplacement support for affected employees and we were able to find roles within the Organization for a number of those whose positions will be transitioned."
The transition is expected to be completed by Q1 2015.