Intelligent finance operations lead the way in unlocking new sources of value

During times of uncertainty, the finance function – which is at the beginning and end of everything – is more important than ever.   

Especially now, solving for liquidity challenges are a huge part of what finance leaders are focused on today.  And an intelligent finance operating model—one that makes data, intelligence and insights available in an instant, unlocking new sources of value across the enterprise, wherever and whenever they are needed—is the key to outmaneuvering uncertainty and achieving a more innovative future.

With our Finance & Accounting (F&A) BPS clients, we leverage the power of Accenture’s SynOps platform to optimize and transform their finance processes, to be more data-driven, AI-powered and digital, to work smarter, scale faster, be more productive and eradicate costs across the enterprise.

While each client journey is unique, we know that organizations that undergo these transformations enjoy a much higher return (up to 3-4x) on their investment and realize a wider range of business outcomes, including increased shareholder value.

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We’ve seen the benefits up close again and again, which is why we’re very excited to announce that we are once again the overall leader in the Everest Group Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment 2020.

Everest Group studied and assessed FAO providers based on their vision and capabilities, market impact and market performance. It was particularly gratifying to see what our clients said about us in the report:

They’ve highlighted our exceptional solutions, ability to handle complex work, co-innovation mindset, methodology-driven approach and responsiveness as key strengths. The report also spotlights our agility in transitioning people to the work-from-home model with zero impact on service delivery, as the COVID-19 pandemic set in. We moved equipment and leveraged digital tools to make the process more transparent and to ensure minimum to no disruption.

Here are other strengths that Everest Group highlighted:

• We have a business transformation approach using our SynOps platform, which orchestrates not only data, multiple digital assets and deep domain
  & industry expertise, but also brings together human and machine orchestration to impact business outcomes across end-to-end F&A.
• We are one of the very few providers with a strong financial planning and analysis (FP&A) practice and capabilities including insights-led planning, budgeting, forecasting and enterprise performance management.
• We’ve built multiple solutions leveraging our strong industry/domain expertise and next-generation technology capabilities across the F&A value chain such as “data integration hub,” Digital Intelligent Virtual Assistant (DIVA) and blockchain solutions.
• We have expertise serving clients across most industries, with strong experience in hi-tech & telecom, retail & CPG, and energy & utilities.
• We leverage flexible engagement and commercial models
  such as transaction-based and outcome-based pricing.

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  Everest Group Finance and Accounting Outsourcing (FAO) Services PEAK Matrix® Assessment 2020

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  A recognition like this is a welcome chance for me to thank our people, our most powerful point of differentiation. Over the past two years we invested

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  more than

  $200 million to reskill our people in Operations. 

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  We’ve used automation to

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  free up     

   

  100 million “transaction” hours per year, so that we could

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  transform

  more than 60,000+ roles to higher value, business outcomes focused roles.

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  They are the reason that our clients are thriving!

  If you have any questions about the Everest Group findings — or if you’d like to explore how to transform your finance function — feel free to reach me via email at manoj.shroff@accenture.com or on LinkedIn