) has helped many companies transform their business operations and
this time will be helping the Brazilian communication service
provider Oi by managing its billing and collections, finance and
accounting, human resources and supply chain. Accenture will also
manage certain back office functions of Oi, with which it has
signed a seven-year agreement.
According to this agreement, Accenture is expected to develop a
flexible model that will help Oi face its day to day business
challenges, improve quality and control costs. Accenture's vast
knowledge in consulting and technology will come into play while
transforming Oi's operation and supporting future growth.
Accenture is also a preferred choice for government companies
and is a dependable consultant to several government organizations.
The company has recently been awarded a contract by the State
Department of the Japan government to analyze the supply chain
process and offer new solutions that will enhance its logistic
management system. Thus, the new and renewed government orders
continue to help the company and increase its business volume.
Accenture has been instrumental in providing technological
services not only for companies in the field of telecommunication
and supply-chain management, but also for companies coming from a
completely different industry like drug manufacturing.
We are encouraged by the steady flow of new businesses and
believe that the trend will continue. However, increasing
) and a cautious spending environment may curb its growth prospects
to some extent. This apart, low business growth in Europe is also
acting as a dampener.
The company has a Zacks #3 Rank, implying a short-term
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