Accenture Earns Top Position in 2019 HFS Top Ten Finance & Accounting Service Providers Report

Accenture (NYSE: ACN) has been positioned No.
1 in the annual HFS Top Ten Finance & Accounting (F&A) Service Providers
report. In addition to earning first place overall, Accenture was
recognized in the top spot in the Ability to Execute and Innovation
Capabilities categories by HFS.

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Accenture is No. 1 among top 10 Finance & Accounting service providers and earns the top spot in the Ability to Execute and Innovation Capabilities categories from HFS (Graphic: Business Wire)

For its 2019 report, HFS assessed and scored 17 service providers across
a defined series of criteria that included innovation, execution, and
client feedback. Specific factors within those categories that were
assessed include ability to scale, industrial and geographical presence,
vision and strategy, use of emerging technology, and investments and IP.

“Forward-thinking businesses today are looking to elevate finance from a
back office function into a strategic business partner that drives
profitable growth,” said Saurabh Gupta, chief strategy officer at HFS
Research. “With the introduction of SynOps, an innovative human-machine
operating engine that optimizes the synergy of data, applied
intelligence, digital technologies and talent, Accenture is well-placed
to help its clients transform their finance function from transactional
and reactive to proactive and strategic.”

In its report, HFS draws attention to the fact that Accenture has the
largest share of the F&A market and secured impressive double-digit
revenue growth in 2018. Other Accenture strengths highlighted in the
report include:

• End-to-end offering – supported by scaled-up consulting,
  technology and execution capabilities across P2P, O2C, R2R, and FP&A,
  Accenture’s proposition is well-aligned to clients’ business
  objectives;
• Go-to-market driven by Intelligent Operations – Accenture
  enables clients to shift from a transactional mindset to a
  technology-centric mindset. SynOps, Accenture’s new human-machine
  operating engine, is expected to create value and help transform
  business operations;
• The Future of Finance narrative – Accenture is at the forefront
  of driving next-generation F&A outcomes, enabled by its investments in
  emerging technologies such as AI, blockchain, and quantum computing;
  and
• Robust partner ecosystem – Accenture continues to build its
  strong ecosystem of partners with several new alliances in 2018.

“As businesses navigate an increasingly complex and disruptive business
environment, the transformation of their finance function is critical to
success,” said Manoj Shroff, finance and accounting business process
services lead for Accenture Operations. “Because finance has an
end-to-end view of the company, it is well-positioned to lead the
digital transformation. The challenge is having accessible data as well
as integrating the right intelligent technologies managed by the right
talent. This is really what sets Accenture apart – we focus on creating
an Intelligent Operating model that combines data, applied intelligence,
digital technologies and human ingenuity to help our clients deliver
breakthrough business outcomes. This latest report from HFS suggests we
are on the right track with this approach and in fact leading our
industry.”

About Accenture

Accenture is a leading global professional services company, providing a
broad range of services and solutions in strategy, consulting, digital,
technology and operations. Combining unmatched experience and
specialized skills across more than 40 industries and all business
functions — underpinned by the world’s largest delivery network —
Accenture works at the intersection of business and technology to help
clients improve their performance and create sustainable value for their
stakeholders. With approximately 477,000 people serving clients in more
than 120 countries, Accenture drives innovation to improve the way the
world works and lives. Visit us at www.accenture.com.

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