Schlumberger Expands Accenture Finance and Accounting Business Process Outsourcing Agreement to 2021
October 27 2016 - 7:57AM
Business Wire
Accenture to leverage intelligent automation
and analytics capabilities to further transform Schlumberger’s
global finance organization in expanded five-year deal
Accenture (NYSE:ACN) today announced an expanded five-year
agreement to provide Schlumberger, a leading global oilfield
services provider, with transformational finance and accounting
(F&A) business process outsourcing (BPO) services through
2021.
As part of their long term collaboration, Accenture will provide
Schlumberger with new record-to-report services and expanded
accounts payable BPO services, including cloud-based electronic
invoicing capabilities and automation services aimed at
significantly increasing efficiency, productivity and payment
accuracy. Advanced analytics capabilities underpin Accenture’s
services to provide data-driven business insights that improve
decision making and performance.
“Our ongoing relationship with Accenture supports our Finance
2020 vision and contributes to our broader effort to reduce
complexity and increase efficiency and flexibility across our
organization,” said Simon Ayat, executive VP and chief financial
officer, Schlumberger.
Accenture will deliver the work through its Global Delivery
Centers in Chennai, Buenos Aires, Kuala Lumpur and Bucharest.
“Our collaborative work will enable Schlumberger to better focus
on its core business of serving oil and gas companies globally,”
said Jean-Marc Ollagnier, group chief executive, Accenture’s
Resources operating group. “This project establishes an effective
model for how companies in the oil and gas industry can improve
internal performance to help offset the pressure of the low
oil-price environment.”
“This project is a great example of how the advanced analytics
and intelligent automation capabilities embedded within our F&A
BPO services can support a forward-thinking organization like
Schlumberger on their drive for more efficient operations,” said
Manish Sharma, group operating officer, Accenture Operations. “By
effectively integrating intelligent systems, we’re helping
Schlumberger get business insights faster, with higher levels of
accuracy and compliance, providing a competitive edge in the
market.”
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 approximately
384,000 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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AccentureGuy Cantwell, +
1-281-900-9089guy.cantwell@accenture.comorMatt Corser, +
44-755-784-9009matthew.corser@accenture.comorHannah Unkefer, +
1-415-537-4848hannah.m.unkefer@accenture.com
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