Scandinavian Airlines Awards Finance and Accounting Business Process Outsourcing Contract to Accenture
STOCKHOLM; Aug. 21, 2009 – Accenture (NYSE: ACN) will provide Scandinavian Airlines (SAS) with finance and accounting (F&A) business services in Western Europe under a seven-year business process outsourcing (BPO) agreement.
The services Accenture covers include accounts payable, accounts receivable and accounting to reporting. Accenture will provide the services to SAS in 14 countries across Western Europe; mainly in Sweden, Norway, Denmark and the United Kingdom. The services will be delivered through Accenture’s Global Delivery Network from its delivery center in Delhi, India.
“ The work being performed by Accenture is part of SAS’s new strategy “Core SAS” that is designed to deliver annual savings through a streamlined and simplified operating model,” said Sara Jinnerot, VP at SAS Accounting Services. ”We selected Accenture because of their ability to provide a qualitative and cost effective solution. Accenture has a proven track record of delivering similar services”.
“We are proud to have been selected to support SAS. The contract agreement will deliver cost-effective solutions and a standardized process for the finance and accounting services and further strengthens our position in the airline industry, says Patrik Björkler, a senior executive in Accenture’s Nordic outsourcing practice.
Read our latest point of view: “Outsourcing Finance and Accounting to enable high performance”
About Accenture Accenture is a global management consulting, technology services and outsourcing company. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the world’s most successful companies, Accenture collaborates with clients to help them become high-performance businesses and governments. With approximately 177,000 people serving clients in more than 120 countries, the company generated net revenues of US$23.39 billion for the fiscal year ended Aug. 31, 2008. Its home page is www.accenture.com.
About SAS The SAS Group is the leading airline group in Northern Europe, comprising SAS Scandinavian Airlines, Blue1 (Finland), Widerøe (Norway) and the partly-owned Estonian Air, as well as SAS Tech and SAS Cargo. SAS is a founding member of Star Alliance™, the world’s largest airline alliance. In 2008, the SAS Group transported over 29 million passengers to over 150 destinations. For more information, please visit www.sasgroup.net.
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