There may be more trouble ahead for software developer iSoft after it was
reported that Accenture was considering using another supplier for its £12bn
upgrade to the National Health Service’s IT infrastructure.
Bill Green, Accenture’s chief executive, told analysts on a conference call
after its third-quarter results that it was ‘watching the iSoft situation
closely’ and that the company had a ‘series of alternatives that we can take
iSoft has lost about 80% of its market value after a series of profits
warnings and being forced to restate its previous accounts to reflect a change
in its accounting policy.
The loss of the two Accenture contracts could result in a loss of about £200m
in revenue for iSoft, the Independent reported.
A new head of solutions, Aidan Brennan, has been appointed at KPMG UK
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast