We partner with clients to redefine their finance operations by bringing global capabilities, industry expertise, operational excellence, relentless focus on continuous improvement and accountability for results. |
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It's no accident that high-performance businesses have a strong finance organization behind them. Indeed, our research shows a 74 percent correlation between the two. |
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High performing businesses use a financial strategy to differentiate themselves and achieve superior results. This mastery of finance calls on intelligent technologies, organizational structures and best practice processes to deliver high-quality, effective operations. |
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Our finance and accounting business process outsourcing (BPO) capability provides a clear path to achieve top flight finance operations. We offer a unique set of tools designed to reduce risk and increase finance efficiency. Through finance and accounting business process outsourcing we deliver measurable improvements including: |
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Streamlined financial operations: - A value-upside potential outweighing cost reductions.
- Transformational business results with less risk and less capital.
- A pricing model variable with gain share.
- Full implementation in less than one year.
- Substantial and sustained operating cost savings.
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Why Accenture |
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Accenture Finance Solutions is the market leader in finance and accounting BPO services. We team with our clients to redefine their finance operations, unleash value, improve the bottom line and focus on their core business. |
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What you get when you team with Accenture Finance Solutions: - Proven transformational capability and a collaborative client-centric approach with a relentless focus on quality, control and operational excellence.
- Robust global delivery from our team of more than 6,000 experienced finance and accounting professionals.
- Global scope and scale—service to more than 40 clients in 37 languages across 120 countries.
- An integrated finance and performance management consulting practice that enables us to draw on the expertise of 2,800 finance and performance management professionals in 100-plus countries and leverage Accenture's expertise across 18 industry groups.
- Continuous improvement/Improved control environment—100 percent balance sheet reconciliations every accounting period for a logistics company; 30 percent improvement in invoices paid on time enabling early payment discounts for a global electronics company; fixed asset review of 2,000-plus cost centers resulting in a cost of capital tax savings of more than $6 million.
- A proven track record on reducing operating costs—an average of 50 percent for five oil companies; 40 percent for a global logistics company; 35 percent for European chemicals company; and more than 20 percent cost savings from shared services to outsourcing despite 15 percent increased volumes for a retailer.
- Improved credit and collections—47 percent days sales outstanding reduction over four years, freeing up approximately $1 billion of working capital for a global telecommunications company. Reduced client bad debt expense by 42 percent and lowest period of credit (19 days) for electronics company.
- Cash forecasting—reduced unapplied cash from $23 million to $87,000 over a 15-month period for an electronics company; unallocated cash reduced by 75 percent for parts manufacturer.
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