Accenture Achieves Lead Position in HfS Research’s Procurement As-a-Service Blueprint Report
January 18 2017 - 8:57AM
Business Wire
For the second year in a row, Accenture (NYSE:ACN) is positioned
as the leader in the ‘Winner’s Circle’ – ahead of all other
competitors in both the innovation and execution categories -- in
the HfS Research Procurement As-a-Service Blueprint Report.
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The report recognizes Accenture for leading the market in the
breadth, depth and sophistication of its strategic sourcing and
category management capabilities with innovative specializations;
for its combination of deep expertise, platform, intelligence and
analytics, and automation that combine to drive outcomes fused
across the end-to-end process; and for its As-a-Service approach to
procurement outsourcing that allows clients to select the skills
and technology needed to more effectively integrate into their
retaining procurement functions. Clients praised Accenture in the
report for the company’s “unbelievable commitment to account
management” and for its ability to deliver business outcomes.
"Accenture continues to lead the procurement services market
with As-a-Service delivery and commercial models,” said Derk Erbe,
research vice president, supply chain, procurement and energy, HfS
Research – The Services Research Company. “Its Radix procurement
platform underpins all services and leverages intelligent
automation, advanced analytics, and information across
clients, enabling Accenture to provide deep insights, market
intelligence, and closed loop processes. The breadth, depth, and
sophistication of strategic sourcing capabilities and category
expertise at scale is unparalleled in the market."
The report assessed 15 Procurement As-a-Service service
providers and builds on the 2015 Blueprint report, analyzing and
reviewing how the market is evolving towards more business
outcome-focused, flexible, and on-demand and collaborative
services.
“Accenture’s continued leadership in the procurement
As-a-Service market is a testament to our ongoing commitment to
deliver expertise, analytics and market intelligence, technology
and process automation, and innovation to our clients,” said Debbie
Polishook, group chief executive of Accenture Operations. “Having
improved billions of dollars of spend, we aggregate and translate
that data into valuable insights, helping our clients put them into
action and ultimately drive better business outcomes.”
In addition to its end-to-end breadth and depth, as-a-service
capabilities and account management expertise, other Accenture
strengths highlighted in the report include:
- Modularized Service Offering:
Accenture has made the necessary changes to offer modules of
procurement services to ensure flexibility and simpler ways to
contract.
- Innovation in Delivery and
Commercial Modeling: Accenture has moved many of its contracts
to fixed fee constructs (with adjustment mechanisms to deal with
volume/resource fluctuations) along with a performance-based fixed
fee element and delivery on the Radix business platform.
- Balanced Client Portfolio:
Accenture has a balanced portfolio of clients ranging from medium
to large enterprises across most major industries.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With more than 394,000
people serving clients in more than 120 countries, Accenture drives
innovation to improve the way the world works and lives. Visit us
at www.accenture.com.
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AccentureOriana Branon, + 1
415-537-5032oriana.branon@accenture.com
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