The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

Accenture to Provide Finance & Accounting, Customer Care and Procurement Business Process Outsourcing Services to Major Swedish Steel Manufacturer

Thursday, May 02, 2013

Accenture to Provide Finance & Accounting, Customer Care and Procurement Business Process Outsourcing Services to Major Swedish Steel Manufacturer

07:00 EDT Thursday, May 02, 2013

STOCKHOLM (Business Wire) -- Accenture (NYSE: ACN) has signed a seven-year business process outsourcing agreement to provide SSAB, a major Swedish steel manufacturer, with finance & accounting, customer care and procurement services.

Under the terms of the agreement, Accenture will help SSAB transform these functions across selected operations in Europe and improve the company's flexibility in order to more quickly adapt to changing market demands. At the same time, SSAB will benefit from a more cost-effective service delivery model.

Specifically, Accenture will be responsible for designing, building and operating SSAB's accounts payable, accounts receivable, select customer care activities, operational procurement and sourcing and category management for selected categories. The services will be delivered through Accenture's Global Delivery Network.

In addition, SSAB will have access to Accenture's industry processes, industry knowledge and business process outsourcing (BPO) analytics across SSAB's business support functions to drive end-to-end process development.

“We look forward to supporting SSAB in creating world-class business support services that leverages analytics to deliver key insights to improve business performance,” said Rikard Schröder, a managing director and Accenture Resources lead in Sweden. “We will provide a team and a program that is flexible, efficient and cost effective – that uses consistent processes, standardized services, uniform technology and skilled resources to proactively drive continuous improvement to help SSAB achieve high performance in a challenging marketplace.”

About Accenture

Accenture is a global management consulting, technology services and outsourcing company, with approximately 261,000 people serving clients in more than 120 countries. 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. The company generated net revenues of US$27.9 billion for the fiscal year ended Aug. 31, 2012. Its home page is www.accenture.com.

About SSAB

SSAB is a global leader in value added, high strength steel. SSAB offers products developed in close cooperation with its customers to create a stronger, lighter and more sustainable world. SSAB has employees in over 45 countries and operates production facilities in Sweden and the US. SSAB is listed on the NASDAQ OMX Nordic Exchange, Stockholm. www.ssab.com.

Accenture
Anna Markelius,+ 46 73051 3452
anna.markelius@accenture.com

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections