Draft:Parseq

Parseq is a British business process outsourcing (BPO) company headquartered in Hellaby, South Yorkshire. The company provides services such as document processing, finance and accounts outsourcing, IT services, and secure print solutions.

Parseq serves FTSE 100 financial firms, energy providers, and local governments.

History
Parseq, originally named Documetric in 2007, was founded in 2010.

Documetric was formed in 2007 through the acquisition of Atos Origin's data capture division.

In 2010, Documetric merged with AIM-listed IE PLC, forming Parseq PLC under the ownership of Rami Cassis. Parseq PLC included both Parseq and ieDigital, becoming part of Parabellum Investments portfolio.

In 2013, Parseq expanded its BPO presence in the UK by acquiring The Panther Group.

In 2016, the company sold Pell & Bales, a fundraising agency, which later faced liquidation following public backlash over its cold calling practices.

In 2022, Parseq had a turnover of £9.8 million.

In 2019, Parseq extended with branches in Chennai, India, and acquired companies in Sofia and Plovdiv, Bulgaria. In 2022, it merged with Column Software, forming Parseq Asia Pvt Ltd, focusing on trading in India.

In 2023, Parseq shut down its Chennai office and acquired the TALL Group of Companies Ltd, including all its trading entities. As of January 2024, Parseq handles approximately £36 billion in payments, digitizes 70 million documents, prints 117 million secure documents, and has completed over 220 IT implementation projects globally.

Parseq invested in mental health training, with 27 champions trained by 2023, constituting 16% of its workforce.

Awards and accolades
Parseq has received several awards for its contributions to the outsourcing industry.


 * Exporter of the Year, Halton Business Awards, 2023.
 * Innovation Outsourcing, National Outsourcing Association, 2014.
 * Best Finance & Accounts Outsourcing Team, Outsourcing Professional Awards, 2014.
 * Employer of the Year, GSA Professional Awards, 2022.
 * Editor’s Choice Award – Document Manager Awards, 2022.
 * Best Overall Company Response to COVID-19 – Global Sourcing Association (GSA) Professional Awards, 2020.