News and Trends
SHARE
Facebook X Pinterest WhatsApp

Accenture Procures New Business Line

Technology consulting company Accenture announced today a new business process outsourcing company that focuses specifically on procurement processes. The new business line, Accenture Procurement Solutions, offers outsourced sourcing-to-settlement services to both corporate and government businesses. The idea is to offer strategic sourcing, procure-to-pay transaction processing, and supplier and contract management capabilities, coupled with services for […]

Written By
thumbnail Renee Boucher Ferguson
Renee Boucher Ferguson
Apr 1, 2004
Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More

Technology consulting company Accenture announced today a new business process outsourcing company that focuses specifically on procurement processes.

The new business line, Accenture Procurement Solutions, offers outsourced sourcing-to-settlement services to both corporate and government businesses. The idea is to offer strategic sourcing, procure-to-pay transaction processing, and supplier and contract management capabilities, coupled with services for technology design, build, hosting and support.

Procurement is not a new business area for Accenture, based in New York, which has been offering outsourced procurement services for the past 10 years. The company currently has six clients—including itself—and processes about $10 billion in procurement transactions and nearly $5 billion in procurement spending each year, officials said.
Accenture has a half dozen additional business process outsourcing areas it serves, including finance and accounting, human resources, learning services, supply chain management and customer relationship management.

Nine-year Accenture partner Len Sherman has been named president of the new Procurement Solutions company.

thumbnail Renee Boucher Ferguson

Recommended for you...

thumbnail Cisco Targets Critical Infrastructure Needs for AI Era
Infrastructure
Cisco Targets Critical Infrastructure Needs for AI Era
Victoria Durgin
Nov 3, 2025
thumbnail Cork Marks Three Years Linking MSPs to SMB Cyber Resilience
Security
Cork Marks Three Years Linking MSPs to SMB Cyber Resilience
Victoria Durgin
Oct 31, 2025
thumbnail Amazon Cuts 14,000 Corporate Jobs Amid AI Push
Channel Analysis
Amazon Cuts 14,000 Corporate Jobs Amid AI Push
Allison Francis
Oct 29, 2025
thumbnail Caylent and Trek10 Join Forces in AWS Partner M&A Deal
Mergers & Acquisitions
Caylent and Trek10 Join Forces in AWS Partner M&A Deal
Allison Francis
Oct 27, 2025
Channel Insider Logo

Channel Insider combines news and technology recommendations to keep channel partners, value-added resellers, IT solution providers, MSPs, and SaaS providers informed on the changing IT landscape. These resources provide product comparisons, in-depth analysis of vendors, and interviews with subject matter experts to provide vendors with critical information for their operations.

facebook
linkedin
youtube
rss
spotify
x

Company

About us Contact us Advertise with us

Categories

Channel Business Security AI Infrastructure Lists & Awards Resources

Property of TechnologyAdvice. © 2025 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.

Terms of Service Privacy Policy California - Do Not Sell My Information