Accenture Positioned Furthest and Highest in Everest Group PEAK Matrix™ Report for Procurement Outsourcing 2017
July 21 2017 - 7:59AM
Business Wire
For the second consecutive year, Accenture (NYSE:ACN) has
been recognized as the overall Leader and Star Performer in the
Everest Group Procurement Outsourcing – Service Provider Landscape
with PEAK Matrix™ Assessment 2017. Accenture leads in both Market
Success, based on revenue, number of clients and year-over-year
revenue growth, as well as Delivery Capability for its scale,
scope, technology and innovation, delivery footprint, and buyer
satisfaction.
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Everest Group PEAK Matrix for Procurement
Outsourcing (Graphic: Business Wire)
According to Everest Group, Accenture’s procurement outsourcing
leadership is a result of its deep procurement capabilities, strong
team of category experts, robust analytics and market intelligence
capabilities, and deep insights into supplier performance and risk
management.
“The procurement outsourcing service provider landscape is
rapidly transforming and service providers need the right balance
of talent and technology to differentiate themselves in an
increasingly complex market,” said Megan Weis, VP Business Process
Services, Everest Group. “As a Leader and a Star Performer,
Accenture understands the market dynamics and has strategically
invested in building a comprehensive offering with strong digital
capabilities that position them well to meet their client’s
evolving needs in the future.”
Additional strengths highlighted in the report include:
- Accenture continues to be the leader in
procurement outsourcing providing services across the Source-to-Pay
(S2P) space through a blend of strategy, consulting, technology,
operations and digital offerings.
- With more than 1,400 category experts,
Accenture is capable of servicing clients with a variety of needs,
developing capabilities in direct spend management to cater to the
growing buyer demand for outsourcing direct spend.
- Accenture is one of the only players in
the market with deep insights into supplier performance and risk
management.
- Accenture’s move toward a more modular
service offering – procurement analytics-as-a-service, stand-alone
end-to-end contract lifecycle management, and supplier relationship
management process as-a-service -- speaks strongly to its
flexibility in meeting rapidly changing customer demands.
- As the procurement space continues to
evolve, Accenture is taking the necessary steps to meet future
demands by building a procurement ecosystem with better analytics,
cloud, and automation capabilities, improved shopping experiences
and a simpler sourcing process.
“Accenture’s leadership in this report is a testament to the
ongoing investments we’ve made in our digital procurement
infrastructure, providing clients with access to the capabilities
they need to improve performance and impact,” said Keith Hausmann,
managing director of Procurement Business Process Services for
Accenture Operations. “Our infrastructure enables clients to
accelerate their journey to a more data-driven procurement process,
fueled by market intelligence and analytics capabilities that help
us deliver valuable insights, and drive tangible business outcomes
for our clients.”
The 2017 Everest Group PEAK Matrix™ Procurement Outsourcing-
Service Provider report can be accessed here.
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 411,000
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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AccentureHannah Unkefer,
415-537-4848hannah.m.unkefer@accenture.com
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