Saturday, August 22, 2009

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SAS hires Accenture in 7-year outsourcing deal

Scandinavian Airlines Awards Finance and Accounting Business Process Outsourcing Contract to Accenture

Accenture (NYSE: ACN: 35.45, -0.9, -2.48%) will provide Scandinavian Airlines (SAS) with finance and accounting (F&A) business services in Western Europe under a seven-year business process outsourcing (BPO) agreement.

The services Accenture covers include accounts payable, accounts receivable and accounting to reporting. Accenture will provide the services to SAS in 14 countries across Western Europe; mainly in Sweden, Norway, Denmark and the United Kingdom. The services will be delivered through Accenture's Global Delivery Network from its delivery center in Delhi, India.

"The work being performed by Accenture is part of SAS's new strategy "Core SAS" that is designed to deliver annual savings through a streamlined and simplified operating model," said Sara Jinnerot, VP at SAS Accounting Services. "We selected Accenture because of their ability to provide a qualitative and cost effective solution. Accenture has a proven track record of delivering similar services".

"We are proud to have been selected to support SAS. The contract agreement will deliver cost-effective solutions and a standardized process for the finance and accounting services and further strengthens our position in the airline industry, says Patrik Bjorkler, a senior executive in Accenture's Nordic outsourcing practice.

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