Accenture Positioned as Overall Leader in Procurement As-a-Service, According to HfS Research Report
25 August 2015 - 10:03PM
Business Wire
Accenture (NYSE:ACN) has been named to the 'Winner's Circle' of
HfS Research's Blueprint Report for Procurement As-a-Service.
Accenture is positioned as the overall leader in the report which
assessed 18 major procurement outsourcing providers based on
excellence in both execution and innovation.
The report focuses on the ability of providers to deliver
Procurement As-a-Service, with nearly half of the Blueprint scoring
tied to proven innovation capability and performance. As the
leader, Accenture is recognized for its ability to deliver more
modular, integrated, technology-based As-a-Service solutions.
“Accenture is positioned at the leading edge of procurement
outsourcing delivery with a wide breadth of capabilities,” said
Phil Fersht, CEO and founder, HfS Research. ”Having successfully
integrated As-a-Service capabilities, Accenture is able to deliver
substantial business value beyond cost to its clients and it has a
clear vision for the evolution of procurement outsourcing in the
future.”
In naming Accenture a leader, HfS cited the following Accenture
strengths:
- Successful Procurian
Integration: Accenture has successfully integrated its legacy
Procurement Outsourcing, Procurement Consulting, and Ariba Services
and Procurian acquisitions over the last several years to transform
the business.
- Excellent Account Management:
Clients expressed great satisfaction with account management leads
emphasizing the simplicity of doing business with such a large
organization.
- Strategic Sourcing and Category
Management: Accenture leads the market in the breadth, depth
and sophistication of its strategic sourcing and category
management capabilities with innovative specializations in fields
such as energy sourcing.
- Contract Management: Accenture
was highlighted for its innovation in aligning legal and contract
support resources to procurement outsourcing delivery teams. It has
reduced the sourcing cycle times for clients resulting in more
rapid compliance and minimized rogue spend.
- As-a-Service Capabilities: By
advocating an As-a-Service approach to Procurement Outsourcing,
Accenture clients can select the skills and technology needed to
more effectively integrate into their retaining procurement
functions.
“We are proud to be recognized so prominently as the leader in
this HfS Blueprint report in acknowledgment of the innovative
procurement As-a-Service offerings we bring to clients around the
globe,” said Mike Salvino, group chief executive of Accenture
Operations. “We remain committed to leveraging the latest
automation and analytics technology and skills to help our clients
transform their businesses and remain competitive.”
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 enterprise BPO
service buyers, service providers, industry influencers and HfS
analysts.
The HfS Research Blueprint Report for Procurement As-a-Service
can be accessed here.
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.
About HfS Research
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
Methodology TM to evaluate the performance of service providers in
terms of innovating and then executing against those business
outcomes.
Now in its seventh year of publication, HfS Research’s acclaimed
blog “Horses for Sources” is widely recognized as the leading
destination for unfettered collective insight, research, and open
debate about sourcing industry issues and developments. Its home
page is www.hfsresearch.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150825005141/en/
AccentureOriana Branon, + 1 415 537
5032oriana.branon@accenture.com
Accenture (NYSE:ACN)
Historical Stock Chart
From Apr 2024 to May 2024
Accenture (NYSE:ACN)
Historical Stock Chart
From May 2023 to May 2024