Yvonne Schellerup
+1 (415) 397 2400

Nick Smith
+1 (415) 397 2400

Allen Valahu
+33 1 53 23 57 54

September 30, 2002
Montgomery Research and Accenture Publish a Compilation of Leading Perspectives on Finance

"Competitive Financial Operations" Addresses Key Issues to Help CFOs Lead the Value Creation Agenda Within their Businesses

SAN FRANCISCO; Sept. 30, 2002 Montgomery Research and Accenture have published a compilation of leading perspectives on finance designed to inform chief financial officers of the wide-ranging approaches that companies are exploiting to achieve operational excellence.

The book, Competitive Financial Operations, is the first publication that presents the ideas of leading solution providers and thought leaders in the finance industry, including Adaytum, American Express, Crystal Decisions, DST Output, Dun & Bradstreet, Hyperion, SAP, Siemens and Wells Fargo. A companion Web site (www.cfoproject.com) will provide an online showcase for this collection of leading perspectives on finance.

“The current environment has created new challenges for finance executives. Competitive Financial Operations provides insights that can help CFOs compete successfully and create shareholder value,” said Mike Sutcliff, managing partner of Accenture’s Finance & Performance Management group and editorial advisor on the project.

Competitive Financial Operations describes current thinking regarding a wide variety of finance and related topics, including: leveraging ERP investments; managing the financial supply chain; the application of e-commerce technologies; emerging trends in shared services and outsourcing; rapid close; reporting processes; and issues related to transaction processing and financial reporting solutions.

“Financial executives trying to steer their organizations through this highly unpredictable environment are finding that traditional tools for decision-making and strategy development are no longer enough,” said Nick Smith, publisher of the Competitive Financial Operations. “That’s why we wanted to create a community where business leaders could go to learn about new insights, trends and best-of-breed thinking.”

About Montgomery Research
Montgomery Research, Inc., publishes analysis and decision-making tools for corporate executives in critical areas of technology. Montgomery Research works in partnership with e-business visionaries and experts to define industry trends and develops resources for both print and online platforms. Recent projects include: The ASCET Project – Achieving Supply Chain Excellence through Technology, Volume 4 and The Customer Relationship Management Project – Defying the Limits Volume 3 (www.crmproject.com). Find out more about Montgomery Research at www.mriresearch.com.

About Accenture
Accenture is the world’s leading management consulting and technology services organization. Through its network of businesses approach -- in which the company enhances its consulting and outsourcing expertise through alliances, affiliated companies and other capabilities -- Accenture delivers innovations that help clients across all industries quickly realize their visions. With approximately 75,000 people in 47 countries, the company generated net revenues of US $11.44 billion for the fiscal year ended August 31, 2001. Its home page is www.accenture.com.

To request copies of Competitive Financial Operations: The CFO Project, please call (415) 397-2400 or fill out the subscription form online at www.cfoproject.com .

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