Accenture Positioned as Overall Leader and Star Performer in Everest Group’s Finance and Accounting Outsourcing Services Peak Matrix, 2019

NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has been positioned as overall Market Leader in
Everest Group’s Finance and Accounting Outsourcing (FAO) — Service
Provider Landscape with Services PEAK Matrix™ Assessment 2019. The report
and PEAK Matrix provide businesses with a framework to identify the
relative market success and capabilities of service providers around the
world.

In this year’s assessment, Accenture was positioned as the Overall
Leader for both Market Impact, which scores service providers against
criteria such as market adoption, portfolio mix and value to clients,
and Vision & Capability, which includes measures such as strategy,
service scope, investment, and delivery footprint.

Accenture was also designated as a Star Performer. Everest Group selects
Star Performers based on relative year-on-year growth. This year,
Accenture registered the highest absolute revenue growth with a
double-digit year-on-year growth on a revenue base of more than US$1
billion.

In addition to Accenture’s strong growth, Everest Group highlighted the
following Accenture milestones in its report:

  • Highest number of new multi-process FAO deals — a key demonstration of
    Market Impact
  • Doubled investments in 2018 compared to the previous year and enhanced
    its next-generation digital capabilities through multiple
    acquisitions, in-house development tools, and partnerships –
    demonstrating Vision & Capabilities
  • Increased focus on high-end Finance & Accounting processes and
    large-scale transformation deals with innovative pricing models

Shirley Hung, vice president at Everest Group, commented, “The global
FAO market has witnessed sustained growth during 2018. During that time,
Accenture has outperformed the market and strengthened its position in
the Leaders category. Thanks to its substantial investments and
innovative approach, Accenture is delivering significant market impact
while providing customers with FAO services that leverage the latest in
technology.”

Accenture strengths highlighted in the report include:

  • Enhanced capabilities across the entire Finance & Accounting chain
  • Significant leverage of next-generation tools such as RPA and AI,
    combined with a consultative approach to offer digital-led
    transformation
  • Well-balanced portfolio across industries
  • Development of multiple cognitive advisory tools
  • One of the few FAO providers to develop blockchain solutions
  • Strategic partnerships, structured and consistent delivery, and quick
    resolutions of issues.

Manoj Shroff, finance and accounting business process services lead for
Accenture Operations, said, “As the role of finance has been elevated
from transactional and reactive to strategic and proactive — CEO’s are
expecting finance to lead the entire organization through its digital
transformation. We’re putting the right intelligent technologies into
the hands of finance teams. Their access to this data and insights
enables them to steer their business through increasing disruption and
volatility. Everest Group’s analysis suggests that our approach is
working and that we are more equipped than ever to partner with our
clients to drive sustainable growth and shareholder value.”

The report examines 24 FAO service providers, evaluating their Market
Impact and Vision & Capability using the proprietary framework of the
Everest Group Performance | Experience | Ability | Knowledge (PEAK)
Matrix. The Everest Group’s full assessment 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 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.

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and High Performance Delivered are trademarks

Contacts

Mylissa Tsai
Accenture
+1 917 452 9729
mylissa.tsai@accenture.com

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