Accenture has been named a Leader in the Everest Group Procurement Outsourcing Services PEAK Matrix® Assessment 2021.
Accenture earned the top spot among all 19 providers.
Everest Group cites Accenture’s strong ability to serve clients across the entire spectrum of procurement services and deliver value in six key areas.
Accenture was named a Leader in the Everest Group Procurement Outsourcing (PO) Services PEAK Matrix® Assessment 2021. This annual report measures providers by market impact. It also assesses vision & capability, which is the ability to deliver services successfully. Accenture earned the top spot among all 19 providers.
Note: Assessment for Aquanima excludes service provider inputs and is based on Everest Group's proprietary Transaction Intelligence (TI) Database, service provider public disclosures and Everest Group's interactions with PO buyers. Source: Everest Group (2021)
Everest Group describes Accenture’s strong capability to serve clients across the entire spectrum of procurement services. Just as important, they call out our focus on delivering value to clients in six key areas – financial, risk, experience, talent, inclusion & diversity, and sustainability. We call this 360° Value and it guides everything we do to meet the increasing needs of our clients as the role of procurement expands beyond cost savings.
"Organizations are analyzing spending, making buying decisions, evaluating suppliers and spotting opportunities across the business."
— CHAD GOTTESMAN
Invest, Innovate and Integrate
A common theme throughout the report centers on Accenture’s ongoing investments and the benefits they enable. For example, integrating source-to-pay capabilities across services helps clients digitally transform their procurement function to gain comprehensive spend management across direct and indirect spending. Building a robust digital ecosystem gives clients a way to transform quickly and at scale by tapping into partnerships with third-party technology providers.
"Investing in innovation is core to what we do and critical to the success of our clients."
– KRISTIN RUEHLE
Accenture has also been embedding automation, advanced analytics and market intelligence in its SynOps platform across the source-to-pay process. This is allowing clients to see across their procurement process and find opportunities for synergies and efficiencies.
Delivering 360° Value
As companies increasingly focus on sustainable sourcing and procurement practices, Accenture is already building additional capabilities to help. The report notes that this includes helping clients incorporate responsible sourcing practices, adopt resource-efficient business models and reduce their carbon footprints. It also includes developing digital solutions to efficiently source direct materials across categories.
Whether sustainability, direct spending or even diversity efforts, all are part of Accenture’s approach to delivering 360° Value. As procurement continues to digitally transform and expand into new areas, having an independent, data-driven report can be invaluable when evaluating providers. Contact us to talk about how to elevate the role and impact of procurement as part of the transformation journey, please contact Chad or Kristin via LinkedIn.
Managing Director – Operations, Procurement Business Process Services
Chad Gottesman is the global lead for Accenture's Sourcing & Procurement business.
MANAGING DIRECTOR, PROCUREMENT BUSINESS PROCESS SERVICES GLOBAL BUSINESS LEAD
With 18+ years' experience in Procurement and F&A, Kristin leads the Procurement BPS offering globally for Accenture Operations.