The FINANCIAL — Accenture 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, according to Accenture.
“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.
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