Congressman Chris Lee Puts Spotlight on ARM Industry in Western New York Economy

Amherst, New York – Growth of local businesses in Western New York will be compromised under newly passed consumer financial reform laws unless the critical role of such businesses and their impact on the economy is made clear to Washington, according to Congressman Chris Lee (NY-26).

Congressman Lee, a member of the House Financial Services Committee and a founding member of the bipartisan Upstate New York Congressional Caucus, made his remarks during a visit Wednesday to the Amherst offices of Firstsource, a global BPO company which employs 24,697 employees globally and more than 700 employees at a center in Amherst, New York.

As part of his visit to Firstsource’s Amherst office, Congressman Lee attended a brief presentation on the Accounts Receivable Management industry and conducted a full tour of the Firstsource campus.

“My meeting with Firstsource officials was an opportunity to call attention to the vital contribution that Firstsource and its workers play in keeping our economy moving forward,” Congressman Lee said. “Accounts receivable management is a critical link to strengthen all sectors of our economy. Firms like Firstsource create good jobs, pay a good wage, and support families and Western New York’s local economy. The importance of this role needs to be kept front and center in Washington.”

“Accounts receivable professionals, working on behalf of hundreds of thousands of U.S. businesses, provide an essential service to the U.S. economy,” said Arjun Mitra, Vice President, Firstsource Solutions Limited. “Every day, Firstsource approaches its work in a professional, respectful manner. We want to thank Congressman Lee for taking time out from his schedule to learn more about the service we provide and to support Western New York businesses such as Firstsource through his efforts in Washington DC.”

About Firstsource
Firstsource (NSE: FSL, BSE: 532809, Reuters: FISO.BO, Bloomberg: FSOL@IN) is a leading global provider of customized BPO services to the Healthcare, Telecom & Media and Banking & Financial Services industries. Its clients include Fortune 500, FTSE 100 & Nifty 50 companies. Firstsource has a “rightshore” delivery model with operations in India, U.S., UK and Philippines. (www.firstsource.com).