Accenture Positioned as a Leader in IDC MarketScape: Worldwide Finance and Accounting BPO Services 2015 Vendor Assessment
21 August 2015 - 10:03PM
Business Wire
Accenture (NYSE: ACN) has been positioned as a Leader in
International Data Corporation’s (IDC) inaugural “IDC MarketScape:
Worldwide Finance and Accounting BPO Services 2015 Vendor
Assessment” (doc # 256297, June 2015). The report represents a
vendor assessment including both qualitative and quantitative
characteristics that define success in the Finance and Accounting
(F&A) Business Process Outsourcing (BPO) services market.
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IDC evaluated 18 F&A BPO service providers with global
services portfolios based on a framework that highlights four key
success factors, including “ability to offer services across the
value chain of any customer’s F&A function and capability that
spans automation, analytics and mobility;” “ability to assist
customers with reducing operational costs, growth, and managing
customers;” “managing the basics;” and “scale and people.” These
factors are expected to be the most influential for success in the
market in both the short term and the long term.
In naming Accenture as a Leader, the IDC MarketScape rated
Accenture highly for its “future portfolio” and “cost management
plans.” The report states that Accenture works with clients to
“create an environment of integrity, compliance, transparency and
control while helping create a flexible F&A organization with
an appropriate and balanced focus on cost, the agility needed to
respond to external pressures, and the capabilities necessary to
support profitable growth.” Accenture is described as focusing on
“delivering business outcomes, which results in a reduction in days
sales outstanding, optimized working capital, improved customer
satisfaction and reduced operational costs. Leveraging its F&A
and industry experience across business functions, Accenture helps
clients transform their business operations to optimize the
outsourced and retained organizations while also building
confidence and trust in reporting and controls.”
“We are proud to be recognized as an IDC MarketScape leader,
demonstrating our ability to deliver business outcomes to our
clients,” said Mike Salvino, group chief executive, Accenture
Operations. “Having provided end-to-end F&A BPO services to
global clients for nearly 25 years, we continue to draw on our
industry insight and technology expertise in analytics and
automation to drive more effective global operations through
standardized processes at reduced operating costs.”
Buyers rated Accenture highly for its ability to integrate its
project team with the client’s F&A team; global infrastructure,
including the presence of local offices and resources to meet the
client’s needs; and ability to optimize the ratio of onshore and
offshore efforts.
IDC MarketScape vendor analysis model is designed to provide an
overview of the competitive fitness of ICT suppliers in a given
market. The research methodology utilizes a rigorous scoring
process based on both qualitative and quantitative criteria that
results in a single graphical illustration of each vendor’s
position within a given market. The capabilities score measures
vendor product, go-to-market and business execution in the
short-term. The strategy score measures alignment of vendor
strategies with customer requirements in a 3-5-year timeframe.
Vendor market share is represented by the size of the circles.
Vendor year-over-year growth rate relative to the given market is
indicated by a plus, neutral or minus next to the vendor name.
Accenture's approximately 20,000 F&A BPO professionals work
with clients across 150 countries in 40 industries and more than 40
languages to provide individual F&A BPO services, as well as
end-to-end
F&A BPO services as part of a transformational approach.
Accenture's F&A BPO services are delivered from more than 25
delivery locations and centers of excellence and are supported by a
team of more than 3,000 BPO business advisors who are solely
focused on providing predictive modeling, analytics, and business
insights to clients.
Read an excerpt of the IDC MarketScape here.
© Copyright IDC, Source: IDC MarketScape: Worldwide Finance and
Accounting BPO; Mukesh Dialani; June 2015
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an
overview of the competitive fitness of ICT (information and
communications technology) suppliers in a given market. The
research methodology utilizes a rigorous scoring methodology based
on both qualitative and quantitative criteria that results in a
single graphical illustration of each vendor’s position within a
given market. IDC MarketScape provides a clear framework in which
the product and service offerings, capabilities and strategies, and
current and future market success factors of IT and
telecommunications vendors can be meaningfully compared. The
framework also provides technology buyers with a 360-degree
assessment of the strengths and weaknesses of current and
prospective vendors.
About Accenture
Accenture is a global management consulting, technology services
and outsourcing company, with more than 336,000 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.
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AccentureOriana Branon, + 1
415-537-5032oriana.branon@accenture.com
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