Home / Knowledge / News / Information Technology / Archroma chooses Accenture's finance & accounting suite
Archroma chooses Accenture's finance & accounting suite
28
Oct '15
Accenture, a global management consulting, technology services and outsourcing company, has announced that it is providing Archroma, a global leader in specialty chemicals for the textile, paper and emulsions sectors, with a range of finance and accounting (F&A) and procurement business process services across the enterprise.

Accenture recently completed the first year of a seven-year agreement and is providing Archroma with F&A business process services such as accounts payable, accounts receivable, general ledger accounting and reporting, as well as sourcing and category management and procurement operations services. The project supports Archroma's efforts to operate processes more efficiently and effectively while improving decision making and business outcomes through insights gained from automation and data analytics.

Accenture was chosen based on its ability to rapidly deliver industrialised, scalable, and flexible services on a global basis. The work is being delivered through Accenture Delivery Center locations in Chennai, Prague, Buenos Aires, and Dalian, according to a press release.

Helmut Wagner, chief procurement officer, Archroma said, “This engagement with Accenture is vital to the success of our new organization and enables us to focus on our core business to better serve our customers with a portfolio of world-class products. The project ensures that our internal support functions are operating in an optimised way with a focus on controlling expenditures while increasing efficiency and transparency across our enterprise.”

René Rohrer, Resources Lead, Switzerland, Accenture said, “Accenture provides a complementary mix of people with deep industry knowledge and technology expertise which gives Archroma fast access to skills and infrastructure. We are very excited to support Archroma in its transition to an independent company and into the future.”

Archroma is a global colour and specialty chemicals company committed to innovation, world-class quality standards, high service levels, cost-efficiency, and sustainability. (GK)

Fibre2Fashion News Desk – India


Must ReadView All

Courtesy: Kai Pilger from Pexels

Apparel/Garments | On 26th Apr 2018

FOBAP in the Philippines trying for garments sector revival

The Foreign Buyers Association of the Philippines (FOBAP), a body...

German investors keen to invest in Pakistan: top official

Textiles | On 26th Apr 2018

German investors keen to invest in Pakistan: top official

A German traders delegation will soon visit Pakistan to explore...

Courtesy: Uster

Textiles | On 26th Apr 2018

Uster Technologies acquires Elbit Vision Systems

Uster Technologies has announced the successful closure of the...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Top executives
Fashion houses, India

With technology, it has become easier to ensure IPR

Urmil Arya

Sushila International, a well established textile organisation established ...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search