Welcome to Parseq

About us

Parseq has been acquired by Paragon.

Paragon is a leading global business services firm specialising in business growth, customer engagement, transformation and efficiency.

Visit the Paragon website: https:/www.paragon.world

Paragon
document and payments processing

We believe that there is an appropriate solution for every business to benefit from, which positively transforms how they process their documents and customer transactions, now and as they develop.

Our approach

We make it easier

The issue of optimising your document and transaction-intensive processes is complex. But finding the answer doesn’t have to be.

We know you face significant market pressure and internal challenges, which makes both timely and effective results critical.

Able to use multiple software and platforms, our platform-agnostic and solution-focused experts use our business agility to devise optimal workflows and apply the right tools and protocols to get the best from both advanced technology and people.

This ensures absolute integrity and the ability to achieve timely results that fit your organisation’s specific needs – whether that is saving time, money and resource or improving your output, compliance or customer experience.

Technology and Resource

Free to choose the most appropriate solution

We’re not confined by a particular software or platform and nor should you be. We use multiple software and platforms to find the most effective and appropriate solution for your particular needs, now and in the future. That may be a technology, a workflow, a custom code, expert people, a location, or a bespoke mix, that guarantees complete integrity.

Our IT experts and solutions architects are fully aligned with new technological advancements and augmented automation. As opportunities for enhancement emerge, Parseq will continue to invest in them, ensuring your ability to further improve your results and help you on your digital transformation journey.

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The benefits

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Agility

Results faster

Our business agility and the way we think means we can respond quickly to your needs. We can also more adeptly devise solutions to accelerate your transformation and get quicker results.

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Digital transformation

Platform agnostic

Our technical experts give you the solution that you need to achieve your results whether that is a technology, a workflow, a custom code, people, or a bespoke mix to enable your digital transformation.

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Integrity

Guaranteed

We focus on the results and timing you need. Our systems, protocols and strict SLAs assure strict levels of compliance and regulation are adhered to. 

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Growth

Access opportunity

We take away barriers and give you roadmaps to what you could achieve. Our expertise and experience can open you up to opportunities you may not have realised existed.

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Future proof

Without investment

You may currently need to address paper and non-digitised formats and then become more fully digitalised. We invest in technology, people and solutions to give you access to what you need now and in the future.

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Continuity

Even in pandemic times

We have multiple on-shore and off-shore sites to ensure you are always operational. We were shortlisted for the Global Sourcing Association’s award for Best Overall Company Response to COVID-19, hitting all our clients’ SLAs during the pandemic.

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Mitigate risk

Long term partner

Our people are very experienced in what they do, enjoying training and development and a good working environment. This means you can count on us as long-term partners that are with you at every stage of your transformation journey. Our employees’ average length of service is 10 years, and many customers have been with us over 12 years.

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Brand advocate

Your business is ours

We see your brand as our brand and treat it as an extension of ourselves. We want you to succeed and so will do everything to support your brand and your customers in the way you would.

Our history

Parseq opened its first offshore branch in Chennai, India – now considered one of the top outsourcing hubs in India. With two offices in Chennai, Parseq boasts a committed management team with over 20 years’ experience and averages 59% efficiency savings.

We employ 300 people across two sites in the UK, and operate overseas sites in Bulgaria and India, and international partnerships covering six countries. We embrace Lean Six Sigma throughout to support our philosophy of continuous improvement.

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1970s

Stability

We have been solving the processing needs of clients for over 45 years. Historically, the Group was focussed on providing BPO solutions to the banking and financial sectors, many of whom remain clients today.

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2000s

Legacy

We were founded on several carefully chosen business acquisitions that are the foundation of our heritage. Multiple employees and clients have been with us since the 1980s.

Several of Parseq’s employees began their careers at Documentric,  a business services company begun in 2007 by our founder Rami Cassis. 

2000

2009

2009

Growth and Investment

Parseq was formed in 2009 by Rami Cassis following the merger of Documentric with another BPO provider, the Avance Group. Combining well-established front-and-back office business gave Parseq the platform to redefine its BPO offering.

2009

2010

2010

Diverse Portfolio

We leveraged our expertise in transaction intensive processing and technology to expand our offering. With a strong foundation in financial services, we began to build our diverse client portfolio, and now service the needs of the UK’s top ten banks, leading utility companies, local authorities, universities, automotive, manufacturers, insurance and telecommunication companies.

2010

2019

2019

Multiple Sites

Parseq opened its first offshore branch in Chennai, India – now considered one of the top outsourcing hubs in India. With two offices in Chennai, Parseq boasts a committed management team with over 20 years’ experience and averages 59% efficiency savings.

Parseq acquired its nearshore site in Sofia and Plovdiv, Bulgaria. Bulgaria has experienced rapid growth in BPO/IT and is now one of Europe’s leading outsourcing hubs with up to 53% efficiency savings.

We operate in our nearshore and offshore sites in a secure, certified, and compliant environment.

2019

February 2020

2020

Adaptability

As a provider of payment and payroll services to some of the UK’s biggest banks and financial institutions, our clients depend on our services, day-in-day-out, to support their own operations.

As the pandemic struck, we were given the greenlight to stay open. Amid the significant disruption, we swiftly enacted a plan that would safeguard our workforce and keep our business moving – one that ultimately meant we hit every service delivery target.

We were shortlisted for the Global Sourcing Association (GSA) Professional Awards for Best Overall Company Response to COVID-19.

February 2020

2021

2021

Longevity

The average length of service at Parseq is 10 years. Our people’s commitment is evident and reflects our investment in training, development and employee experience.

Over the last five years, we invested £440,000 in training, learning, and development for our employees and are recognised as a Real Living Wage Employer.

We also received the Award for Excellence in the Industry 2021.

2021

2022

2022

Future

To understand what the future holds, we surveyed more than 250 C-suite executives at some of the biggest companies to uncover their plans for transformation and boardroom priorities for 2021 in our Big Business Efficiency Report.

By using third-party support, businesses have the opportunity to unlock capital that will help them thrive in a challenging and competitive environment.

We are committed to helping you succeed in enhancing efficiency and transforming capabilities.

2022

2026

2026

Parseq acquired by Paragon

In February 2026, Paragon, a leading global business services provider in brand services and outsourced solutions, announced its acquisition of Parseq Limited. This multi-million-pound investment reinforces Paragon’s standing as a leading player in the business process services sector. Visit the Paragon website: https://uk.paragon.world/

2026

Our partners

Basware

Basware helps organisations of any size worldwide gain full visibility and control over spend and cash flow by removing complexity from B2B commerce. basware.com
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CloudTrade

CloudTrade provides a non-disruptive way for trading partners to send electronic invoices, orders and other business documents, straight into your processing application. cloudtrade.com
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Cognitronics

Cognitronics is a privately owned British Company specialising in automated data capture systems and equipment. cognitronics.co.uk
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Microsoft Azure

Microsoft Azure is an open and flexible cloud platform that enables you to quickly build, deploy and manage applications across a global network of Microsoft-managed datacenters. microsoftazure.com
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DIA Europe BV logo

DIA Europe BV

DIA Europe BV provides cost-efficient, flexible solutions for image-based document processing, with a special focus on combating fraud within paper payment transactions. diaeurope.com
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ServiceNow

ServiceNow is a cloud-based platform that helps organizations automate and streamline various business processes across different departments, primarily focusing on IT Service Management (ITSM). servicenow.com
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Atlassian

Atlassian, an Australian software company, offers collaboration tools like Jira, Confluence, Bitbucket, and Trello, facilitating project management and team productivity. atlassian.com
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Revyz

Revyz delivers enterprise-grade backup and restore solutions for Jira Cloud and Confluence, offering automated protection and seamless data recovery enabling teams to protect, manage, analyze, and optimize their environments. revyz.io
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Jitterbit

Jitterbit is a leading cloud-based Enterprise Application Integration (EAI) and API Management platform, designed to help businesses connect and integrate their applications, data, and systems seamlessly. jitterbit.com
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NetBrain

NetBrain is the industry's only no-code network automation platform that fundamentally transforms the core workflows of NetOps, making them more scalable and efficient, and reducing operational costs and risks. netbraintech.com
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BMC

BMC provides IT service management and operations solutions, automating workflows, ensuring system performance, and driving digital transformation to optimize efficiency. bmc.com
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eazyBI

eazyBI is a powerful business intelligence tool for Jira and Confluence, offering advanced data visualization, custom reporting, and analytics to help teams make data-driven decisions. eazybi.com
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Talk to us about business process outsourcing today.

Want to find out more? We would be happy to discuss your organisation’s challenges and how Parseq’s solutions could quickly provide you with real value.