This document summarizes Accenture's financial services sourcing and procurement solution. It discusses the challenges facing financial services executives around cost savings, supplier relationships, digital technologies, and agile operating models. Accenture's solution provides strategic sourcing, procurement, and category management services across the source-to-pay lifecycle. It has experience delivering cost savings, improved compliance, and reduced operating costs for over 135 clients spending over $137 billion total.

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Financial Services Sourcing and Procurement executives face an
evolving set of priorities and opportunities to capture value.
ACCENTURE FINANCIAL SERVICES SOURCING & PROCUREMENT
SOLUTION CAN HELP CLIENTS:
SOURCING AND PROCUREMENT DRIVERS
Accenture Financial
Services Sourcing &
Procurement Solution
THE CHALLENGES
For more information, visit www.accenture.com/financeandrisk
• Intensifying pressures to deliver sustainable cost savings
• Increasing demand to actively manage supplier relationships and their associated risk
and performance
• Evolving digital technologies and information requirements
• Agile operating models to meet customer and supplier needs
Realized
Savings
8-13%
Meet Control and
Compliance levels
90%+
Reduction in Operating Costs
20-
50%
* HfS Blueprint Report: Procurement As-a-Service 2015, by Charles Sutherland,
Hema Santosh, June 21, 2015.
** Gartner, Magic Quadrant for SAP Implementation Services, Worldwide, Susan Tan,
July 23, 2015. Gartner does not endorse any vendor, product or service depicted in its
research publications, and does not advise technology users to select only those vendors
with the highest ratings or other designation. Gartner research publications consist of the
opinions of Gartner's research organization and should not be construed as statements of
fact. Gartner disclaims all warranties, expressed or implied, with respect to this research,
including any warranties of merchantability or fitness for a particular purpose.
DIGITALLYENABLED
Improve Spend
• Value realization/spend compliance
• Price and consumption improvement
• Increase reach through greater collaboration with stakeholders and lines of business
• Increase throughput on transaction volumes
Agile Organization
• Refined operating model
• Operational efficiency
• Front/middle/back office effectiveness
Supplier Management
• Manage inherent and residual supplier risks
• Improve performance management and accountability
• Improve collaboration and innovation
We offer our services across the full lifecycle of Sourcing and
Procurement capabilities. We fully support integrated transformation
initiatives as well as more targeted needs.
INDUSTRY RECOGNITION
ACCENTURE FINANCIAL SERVICES SOURCING
& PROCUREMENT SOLUTION
Sample offering areas include:
• Roadmaps and Assessments of the
Procurement Office
• Strategic Cost Improvement
(Procurement’s role)
• Buying Channel Strategies/Buyer Portals
• Targeted Project and Category Sourcing
• Procurement Outsourcing Services
WE BUILD TRANSFORMATIONAL SOLUTIONS THROUGH
OUR CORE CAPABILITIES
Industry Knowledge
and Strategies
Business Advisory and
Technology Consulting
Market Pricing
Intelligence
Outsourcing and
Supplementary Staffing
TA
LENT
ORGANIZA
TION
TECH
NOLOGY
PROCESS
DATA
SOURCING AND CATEGORY MANAGEMENT
PROCURE-TO-PAY
Stakeholder
and Journey
Management
Sourcing
Category
Planning
Payment accuracy
controls
Payment
processing
Vendor master
data management
Requisition and
PO processing
Travel and expense
Invoice processing
Contracting
Supplier relationship
management
Compliance
management
EXECUTION
STRATEGY
CA
TEGORYMANAGEMENT
INVOICE
PU
RCHASEORDER
PAYMENT
• Operating Model Design and Execution
• Supplier Management and Risk Mitigation
• Claims Vendor Management
• Ariba®/Coupa®/Oracle® Procurement
Transformations
• Procurement Reporting and Analytics
• Accenture was named to the “Winner’s Circle” of the 2015 HfS Research Blueprint Report
for Procurement-as-a-Service*
• Accenture positioned as a leader in Gartner's 2015 Magic Quadrant for SAP Implementation
Services, Worldwide**
WHY ACCENTURE
Source-to-Pay
Clients
135+ Contracts Managed
68,700
POs and Invoices
Processed
40M
Spend Under Management
$137B
Strategic Roadmaps and
Target Operating Models
100+ Projects providing
Market Intelligence
for Benchmarking
19,600+
Cloud Transformations
45+
• Proven track record to help deliver business value
• The use of Accenture’s assets and tools add efficiencies to clients’ process
and technology transformations
• Deep experience and knowledge in key financial services categories
(professional services, information technology)
To respond to these pressures, sourcing and procurement functions
should address the following:
• Improve fragmented operating models
• Address more spend and savings across the enterprise
• Leverage technology and analytics to integrate and simplify core processes
THE OPPORTUNITY
SCALE, EXPERIENCE, RESULTS
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Sourcing and Procurement
Professionals across
Strategy, Consulting,
Technology and Operations
12,400