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CAPABILITY


The new finance agenda

CFOs are looking beyond the finance function toward broader business strategy and transformation with Finance and Accounting Business Process Services.

As the digital business world spins faster and faster, forwarding-looking organizations increasingly look to their Chief Financial Offers for ideas and action plans to elevate traditional finance functions into strategic partnerships.

Leading CFOs respond to the call by spearheading initiatives that uncover fresh insight and efficiency and culminate in tangible shareholder value.

We’re helping clients do just that. Through our innovative, proprietary technology and predictive analytics, coupled with the finance and industry experience of our people, you gain better control of—and visibility into—your finance operations.

We can’t argue with the results:

  1. Greater shareholder value

  2. Increased revenue

  3. Optimized costs

  4. Working capital

  5. Greater compliance and control

CAPABILITIES

57% of CFOs believe that investing “in new, digital technologies will be a key source of competitive advantage” according to CFO Magazine.

Innovation & technology

That’s why Accenture is the trusted advisor to so many finance organizations across the globe. Focused on using innovation and technology to maximize shareholder value, we partner with your finance organization to strengthen the business at large.

Tools such as robotic process automation and predictive analytics help us deliver real business results such as these:

  • Reducing days sales outstanding by 10 to 30 percent

  • Optimizing working capital

  • Improving customer satisfaction

  • Reducing operating costs by up to 45 percent

  • Improving revenue

  • Enhancing customer and supplier relationships

  • Supporting complex regulatory requirements

  • Increasing financial control


1CFO: Eight Top Issues for CFOs in 2014: http://ww2.cfo.com/leadership/2013/12/eight-top-issues-cfos-2014/

SPECIFIC SERVICES


Accenture’s wide breadth of services and deep pool of talent concentrate on not only boosting the performance of the finance department, but heightening an entire company’s market strength.

We offer services within four critical financial disciplines:

  1. PROCURE TO PAY
    Working capital and process effectiveness analytics, travel and expense analytics, and pricing and contract compliance

  2. ORDER TO CASH
    Customer interaction and prioritization, dispute analytics, provisioning analytics and accounts receivable analytics

  3. RECORD TO REPORT
    Cash forecasting, intercompany compliance and period close analytics

  4. FINANCIAL PLANNING AND ANALYSIS
    Decision support, forecasting and budget, administration and governance, and business metrics and tracking

INFOGRAPHIC

Did you know?

Accenture can deliver business results for your finance organization like these:

$10M saved in one year by securing early payment discounts

$10M saved in one year by securing early payment discounts

Prevented more than $3.6M+ in duplicate or erroneous payments

Prevented more than $3.6M+ in duplicate or erroneous payments

Reduced operational costs by 35% to 45%

Reduced operational costs by 35% to 45%

10% to 30% reduction in days sales outstanding

10% to 30% reduction in days sales outstanding

WHO WE WORK WITH

25 years and counting

In 1991, leading oil and natural-gas producer BP selected us to provide Finance & Accounting Business Process Services. 

Our relationship flourished, and over a quarter-century later, we continue to help BP drive greater innovation, efficiency and productivity. 

In November 2016, BP extended our agreement to serve as the company’s global provider of finance and accounting services through 2021.

How has BP achieved high performance? See for yourself:




VIEW INFOGRAPHIC [PDF]

LEADERSHIP

Simon Sammons

Global Off­ering Lead – Finance and Accounting



"Our people, powered by our technology and innovations in automation and artificial intelligence, make us unstoppable."



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