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

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.

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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.

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 www.accenture.com.

SAP, Ariba and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. See http://www.sap.com/corporate-en/legal/copyright/index.epx for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

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