ACCENTURE has been positioned as overall market Leader in the 2017 Everest Group PEAK Matrix™ Assessment for Finance & Accounting Outsourcing (FAO).
Accenture was awarded its position ahead of all competitors based on its market success, which is measured through revenue, clients, and growth. Accenture was also recognized as Leader due to its delivery capability, which comprises scale, scope, innovation, delivery and customer satisfaction.
According to the report, retained its leadership position for six consecutive years in FAO due to continued enhancements to its delivery and innovative technology capabilities. The report highlighted Accenture’s AI-based solutions for enhanced insights as a distinguishing feature of the company’s strengthened proposition.
The Everest Group cited Accenture’s success in signing the highest number of new deals and registering the highest revenue growth among FAO leaders as reasons for its high position in the Matrix. Accenture’s performance in securing strong year-on-year growth meant that it was also identified as an FAO market “star performer.”
Rajesh Ranjan, partner at Everest Group, said, “In this highly competitive market, the ability to differentiate through end-to-end transformative solutions, domain and industry expertise, and next-generation offerings, based on innovations such as advanced automation, analytics, and AI-based solutions, are increasingly important. Through acquisitions, technology, tools, and partnerships, Accenture has built such a set of capabilities and is experiencing significant market success as a result.”
“Accenture has focused on providing clients with effective business solutions increasingly powered by data, AI, analytics and digital technologies including blockchain and automation that are bringing new levels of insight, control, and agility,” said Debbie Polishook, group chief executive of Accenture operations.
The report examines 25 leading FAO service providers with multi-process capability evaluating their market impact and vision and capability using the proprietary framework of the Everest Group Performance | Experience | Ability | Knowledge (PEAK) Matrix. (PR)
Published in the SunStar Cebu newspaper on January 12, 2018.
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