Accenture has won a five-year outsourcing contract to manage and operate Exel's pan-European financial shared services centre. The consultancy firm is aiming to transform the financial processes of FTSE-100 company Exel's European freight business by improving its operational efficiency and level of service.
The agreement sees Accenture take control of the day-to-day management of Exel’s essential (but non-strategic) finance functions such as accounts payable. Approximately 130 Exel freight professionals will become Accenture employees as part of the deal. Exel established the centre in 1998, and has improved the company’s European freight finance function through consolidation of its European financial processes.
IT consultancy Computer Sciences Corporation has been selected by Consignia as the preferred bidder for a ten-year, £1.5bn outsourcing contract. The two companies have entered a period of exclusive negotiations to conclude the deal.
CSC has formed the Prism Alliance with BT and Xansa to provide Consignia with a full range of IT services. Around 2,000 Consignia IT professionals will transfer to CSC following the conclusion of negotiations.
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