March 20, 2017

Accenture Introduces High Velocity Sourcing and Procurement Solution Designed for Fast, Simplified Implementations of SAP® Ariba® Solutions

NEW YORK; Mar. 20, 2017 – Accenture (NYSE: ACN) is launching a High Velocity Sourcing and Procurement solution to help organizations address procurement challenges and reap the benefits of excelling across multiple procurement dimensions at speed, while minimizing risk.

Accenture’s research on the future of procurement suggests that a digitally powered procurement organization will continue to significantly drive down its operating costs, while delivering more strategic value to the larger enterprise. Fundamental to achieving this is the ability to capture the transformational power of digital technologies at speed, especially cloud services, real-time analytics and cognitive systems.

Accenture’s High Velocity Sourcing and Procurement solution helps organizations
address procurement challenges and reap the benefits of excelling across
multiple procurement dimensions at speed, while minimizing risk

The High Velocity Sourcing and Procurement solution supports this change with a preconfigured, fully functional and cloud-based package built on Accenture’s accumulated knowledge and experience of leading sourcing and procurement business processes and the latest technology implementation services. With an accelerated timeline and agile implementation to achieve speed to value, the solution also minimizes risk by providing all the necessary standardization and preconfigured assets and components to rapidly and efficiently implement SAP® Ariba® solutions. With these predefined project deliverables that compress project schedules, organizations can reduce implementation cost and effort in creating best-in-class sourcing and procurement processes.

“Our sourcing and procurement capabilities for SAP Ariba solutions cover the end-to-end source-to-pay cycle for all spend categories,” said Steve Davenport, global managing director of Accenture’s SAP Sourcing and Procurement practice. “Our High Velocity Sourcing and Procurement solution combines these capabilities with our experience from more than 75 SAP Ariba solution implementations across more than 50 countries to help clients increase spend visibility, mitigate risk, and drive down operating costs faster and with less risk than ever before.”

“Our customers are constantly looking for ways to reduce cost and risk, and gain speed when it comes to implementing cloud solutions,” said David Johnston, senior vice president, Partner Ecosystem, SAP Ariba. “Through this Accenture solution, we anticipate that our mutual customers will benefit from Accenture’s experience and the standardization needed to help them quickly and efficiently reap the results of implementing SAP Ariba solutions.”

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 more than 394,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at

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Julie Bennink
+ 1 312 693 7301