Accenture Earns Top Position in 2019 HFS Top Ten Finance & Accounting Service Providers Report
May 30 2019 - 1:29PM
Business Wire
Accenture (NYSE: ACN) has been positioned No. 1 in the
annual HFS Top Ten Finance & Accounting (F&A) Service
Providers report. In addition to earning first place overall,
Accenture was recognized in the top spot in the Ability to Execute
and Innovation Capabilities categories by HFS.
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Accenture is No. 1 among top 10 Finance
& Accounting service providers and earns the top spot in the
Ability to Execute and Innovation Capabilities categories from HFS
(Graphic: Business Wire)
For its 2019 report, HFS assessed and scored 17 service
providers across a defined series of criteria that included
innovation, execution, and client feedback. Specific factors within
those categories that were assessed include ability to scale,
industrial and geographical presence, vision and strategy, use of
emerging technology, and investments and IP.
“Forward-thinking businesses today are looking to elevate
finance from a back office function into a strategic business
partner that drives profitable growth,” said Saurabh Gupta, chief
strategy officer at HFS Research. “With the introduction of SynOps,
an innovative human-machine operating engine that optimizes the
synergy of data, applied intelligence, digital technologies and
talent, Accenture is well-placed to help its clients transform
their finance function from transactional and reactive to proactive
and strategic.”
In its report, HFS draws attention to the fact that Accenture
has the largest share of the F&A market and secured impressive
double-digit revenue growth in 2018. Other Accenture strengths
highlighted in the report include:
- End-to-end offering – supported
by scaled-up consulting, technology and execution capabilities
across P2P, O2C, R2R, and FP&A, Accenture’s proposition is
well-aligned to clients’ business objectives;
- Go-to-market driven by Intelligent
Operations – Accenture enables clients to shift from a
transactional mindset to a technology-centric mindset. SynOps,
Accenture’s new human-machine operating engine, is expected to
create value and help transform business operations;
- The Future of Finance narrative
– Accenture is at the forefront of driving next-generation F&A
outcomes, enabled by its investments in emerging technologies such
as AI, blockchain, and quantum computing; and
- Robust partner ecosystem –
Accenture continues to build its strong ecosystem of partners with
several new alliances in 2018.
“As businesses navigate an increasingly complex and disruptive
business environment, the transformation of their finance function
is critical to success,” said Manoj Shroff, finance and accounting
business process services lead for Accenture Operations. “Because
finance has an end-to-end view of the company, it is
well-positioned to lead the digital transformation. The challenge
is having accessible data as well as integrating the right
intelligent technologies managed by the right talent. This is
really what sets Accenture apart – we focus on creating an
Intelligent Operating model that combines data, applied
intelligence, digital technologies and human ingenuity to help our
clients deliver breakthrough business outcomes. This latest report
from HFS suggests we are on the right track with this approach and
in fact leading our industry.”
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
477,000 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.
This document makes descriptive reference to trademarks that may
be owned by others. The use of such trademarks herein is not an
assertion of ownership of such trademarks by Accenture and is not
intended to represent or imply the existence of an association
between Accenture and the lawful owners of such trademarks.
Copyright © 2019 Accenture. All rights reserved. Accenture, its
logo, and High Performance Delivered are trademarks
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Mylissa TsaiAccenture+1 917 452
9729mylissa.tsai@accenture.com
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