Accenture Achieves Lead Position in “Winner's Circle” for Progressive Finance & Accounting Bus. Process Outsourcing, Acco...
April 28 2015 - 8:33AM
Business Wire
Accenture (NYSE:ACN) has been named to the 'Winner's Circle' of
HfS Research's inaugural Blueprint Report for Progressive Finance
and Accounting (F&A) Business Process Outsourcing (BPO).
Accenture is ranked as the overall leader in the report, which
assessed 21 service providers based on execution and
innovation.
The report emphasizes “progressive” F&A BPO, with nearly
half of the Blueprint scoring being tied to proven innovation
capability and performance that is “progressive” – meaning
engagements go beyond transactional F&A processes. The report
states that Accenture shows maturity of transformation plus BPO
delivery acumen and dominates the large enterprise market.
“Accenture has created a balanced and diversified F&A BPO
portfolio by investing in a number of tools, assets, and alliance
relationships to drive digital innovation,” said Phil Fersht, CEO
of HfS Research. “They have taken steps towards making their major
engagements work effectively over the long-term, which has helped
Accenture gain a strong foothold in the F&A market.”
Accenture was recognized as a business outcomes-focused global
service provider with technology and transformation capabilities.
Additional strengths highlighted in the report include:
- Vertical breadth and depth: “Has
real strength and depth in F&A across key industries, such as
manufacturing, consumer goods, energy, insurance and life
sciences.”
- Broader focus on “operations” that
encompasses BPO, transformative operational services and IT
infrastructure: “With BPO being merged into a broader Accenture
Operations growth platform … there are major ‘As-a-Service’
benefits of having business process and cloud-enablement teams
joined at the hip, supported by consultative depth.”
- Service line resources: “… Ample
resources to invest in strategic clients, make calculated risks,
and benefit from increased sales, consulting, and marketing
resources, such as 3,000+ business advisors analyzing and
interpreting client data.”
- Sole-sourced contracts: “Many
F&A BPO contracts evolve out of long-standing relationships
with clients, either in the BPO area or others, such as strategy or
technology. Their client-focused strategy enables deeper
relationships with clients pre-sales.”
- Long-standing clients act as
ambassadors in the market: “Accenture has strong, collaborative
relationships with its clients, who assist in its go-to-market
strategy and are proud to be associated with the Accenture
brand.”
- End-to-end F&A BPO
capabilities: “Market-leading Procurement BPO practice
integrated into Procure‐to‐Pay offering.”
“We are proud to be positioned as the overall leader in this
report – particularly given its emphasis on proven innovation
capability and performance – which aligns with our ability to
deliver business value to clients beyond just transactional F&A
processing,” said Mike Salvino, group chief executive, Accenture
Operations. “This is a reflection of our deep industry and
functional knowledge, which has been honed during more than 20
years of F&A BPO experience, and drives our ability to support
the growth and continuous improvement agendas of our clients.“
The findings of the HfS Blueprint report were based on
weightages determined by more than 1,100 crowd-sourced responses
from a broad range of stakeholders, including F&A enterprise
BPO service buyers, F&A BPO service providers, F&A BPO
industry influencers (sourcing advisors) and HfS analysts.
The HfS Research Blueprint Report for Progressive F&A BPO
can be accessed here.
About Accenture
Accenture is a global management consulting, technology services
and outsourcing company, with more than 323,000 people serving
clients in more than 120 countries. Combining unparalleled
experience, comprehensive capabilities across all industries and
business functions, and extensive research on the world’s most
successful companies, Accenture collaborates with clients to help
them become high-performance businesses and governments. The
company generated net revenues of US$30.0 billion for the fiscal
year ended Aug. 31, 2014. Its home page is www.accenture.com.
About HfS
HfS Research is the leading independent global analyst
authority and knowledge community for the business and IT services
industry. HfS serves the research and strategy needs of business
and IT operations leaders across finance, supply chain, human
resources, marketing, customer management, and core industry
functions. HfS provides detailed and thoughtful analyst coverage of
the various areas that impact successful business outcomes, namely,
process automation and outsourcing, global business services
frameworks, mobility, analytics, and social collaboration. HfS also
focuses heavily on talent acquisition, development, and motivation
strategies. HfS applies its acclaimed crowdsourced Blueprint
MethodologyTM to evaluate the performance of service providers
in terms of innovating and then executing against those business
outcomes.
AccentureHannah Unkefer,
415-537-4848hannah.m.unkefer@accenture.com
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