|[April 10, 2014]
Accenture and SAP Expand Global Alliance to Deliver Next Generation Cloud-Based Solutions for Procurement and Finance and Accounting BPO Clients
NEW YORK --(Business Wire)--
Accenture (News - Alert) (NYSE:ACN) and Ariba, an SAP AG (NYSE:SAP) company, are
expanding their global alliance through a first-of-its-kind agreement to
offer new cloud-based solutions designed to transform the delivery of
procurement and finance and accounting (F&A) business services to
clients. Together, the two companies will redefine business process
outsourcing (BPO) and define business operations services that can help
clients become a best-run business by achieving significant process
efficiencies and related cost savings.
The first solution to be delivered, which provides electronic invoicing
capabilities via the Ariba Network, would enable clients to realize the
value of the largest global business-to-business trading network. The
Ariba Network, used by more than 1.5 million companies to transact over
half a trillion dollars in commerce on an annual basis, will enable
clients to drive a touchless global invoicing process that helps reduce
operating costs, supports complex compliance requirements and improves
business commerce collaboration. As a result, clients could drive more
efficient enterprise-wide commerce, while at the same time optimizing
"This agreement represents an entirely new way that Accenture and SAP (News - Alert)
are teaming together to deliver innovative, industry-specific and
technology-enabled operations solutions to clients," said Mike Salvino,
group chief executive, Accenture Operations. "Together, we can help our
clients streamline their procurement processes to improve financial and
business performance and increase competitiveness through insight
generation, greater automation and speed, enhanced transparency, and
higher levels of control and quality."
"Business networks have changed the way companies collaborate with their
supply chains," said Dr. Chakib Bouhdary, executive vice president,
Industry Solution and Business Networks, SAP. "By digitizing the
interactions between companies, business networks are transforming how
business is done in a global economy. Accenture will be able to deliver
the next generation of BPO solutions with the Ariba Network and provide
greater results for clients worldwide."
Accenture intends to combine the industry leading business process and
technology expertise of Accenture Operations, including key assets and
capabilities resulting from its acquisition of procurement solutions
provider Procurian, along with Ariba's market leading cloud solutions
and the Ariba Network to develop next generation offerings that further
automate the procure-to-pay process.
These procurement and F&A BPO offerings, as well as other future
solutions, will be defined in part through the recently launched Accenture
and SAP Business Solutions Group. The new business solutions group
brings together the companies' respective co-innovation, joint solution
development and go-to-market teams in an effort to focus on
significantly accelerating time to value for clients globally.
Accenture is a global management consulting, technology services and
outsourcing company, with approximately 289,000 people serving clients
in more than 120 countries. Combining unparalleled experience,
comprehensive capabilities across all industries and business functions,
and extensive research on the world's most successful companies,
Accenture collaborates with clients to help them become high-performance
businesses and governments. The company generated net revenues of
US$28.6 billion for the fiscal year ended Aug. 31, 2013. Its home page
About Ariba, an SAP Company
Ariba is the world's business commerce network. Ariba combines
industry-leading cloud-based applications with the world's largest
web-based trading community to help companies discover and collaborate
with a global network of partners. Using the Ariba® Network, businesses
of all sizes can connect to their trading partners anywhere, at any time
from any application or device to buy, sell and manage their cash more
efficiently and effectively than ever before. Companies around the world
use the Ariba Network to simplify inter-enterprise commerce and enhance
the results that they deliver. Join them at: www.ariba.com
As market leader in enterprise application software, SAP (NYSE: SAP)
helps companies of all sizes and industries run better. From back office
to boardroom, warehouse to storefront, desktop to mobile device - SAP
empowers people and organizations to work together more efficiently and
use business insight more effectively to stay ahead of the competition.
SAP applications and services enable more than 253,500 customers to
operate profitably, adapt continuously, and grow sustainably. For more
information, visit www.sap.com.
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