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Keywords: BP, outsourcing, Accenture, finance and accounting, F&A, procure to pay, order to cash
Susie West | News | 20 August 2012
BP has announced that it has chosen Accenture as a global outsourcing provider of finance and accounting services to complement its in-house captive business service centres.
BP are expecting Accenture to help consolidate its global finance and accounting function through standardised reporting and metrics and by using advanced analytics to improve business controls and drive grater insights into the business. Specifically, Accenture will be responsible for providing record to report, order to cash, procure-to-pay and production revenue accounting services.
“BP sees this partnership with Accenture as an important milestone in driving standardisation in our finance and accounting processes by consolidating our F&A service providers,” said Brian Puffer, Group Controller at BP.
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