Accenture and Ariba are expanding their alliance by offering cloud based-solutions designed to transform the delivery of procurement and finance and accounting business services.
The first solution will provide electronic invoicing capabilities via the Ariba network, enabling clients to drive a touchless global invoicing process that helps reduce operating costs, supports complex compliance requirements and improves business commerce collaboration. As a result, clients could drive more efficient enterprise-wide commerce, while at the same time optimising working capital.
Mike Salvino, group chief executive, Accenture Operations (pictured), said, “This agreement represents an entirely new way that Accenture and SAP are teaming together to deliver innovative, industry-specific and technology-enabled operations solutions to clients. Together, we can help our clients streamline their procurement processes to improve financial and business performance and increase competitiveness through insight generation, greater automation and speed, enhanced transparency, and higher levels of control and quality.”
Accenture intends to combine the expertise of Accenture Operations, including key assets and capabilities resulting from its acquisition of procurement solutions provider Procurian, along with Ariba’s market-leading cloud solutions and the Ariba Network to develop offerings that further automate the procure-to-pay process.
These procurement and finance and accounting BPO offerings, as well as other future solutions, will be defined in part through the recently launched Accenture and SAP Business Solutions Group, which brings together the companies’ respective co-innovation and joint solution development and go-to-market teams.
