Accenture announces its intention to acquire Nell’Armonia, a leading EPM solutions consulting company
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Acquisition would strengthen Accenture’s position in the EPM market, leveraging cloud innovation and the power of data to help customers navigate digital transformation
PARIS – (BUSINESS WIRE) – Accenture (NYSE: ACN) has entered into an agreement to acquire Nell’Armonia, a leading technology and consulting company specializing in enterprise performance management (EPM) solutions, including the headquarters are in Paris, France. Financial terms of the transaction are not disclosed.
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Founded in 2005, Nell’Armonia has more than 135 highly qualified professionals with experience in Oracle EPM cloud solutions, as well as Anaplan, CCH Tagetik and OneStream solutions, serving clients across France and Israel with services that span l ‘entire EPM spectrum, from advice to implementation and maintenance. Nell’Armonia complements Accenture’s existing capabilities and would enhance its ability to meet clients’ needs for analytical knowledge to support end-to-end corporate finance and planning. As a result, CFOs would be able to move faster and take more responsibility for strategy, execution and the sustainable future of the business.
“Robust EPM capabilities that bring together data, technology and talent are essential to create a more dynamic, agile and actionable performance management process,” said Olivier Girard, Head of Market Unit, Accenture France and Benelux . “Accenture is committed to providing the best resources and capabilities to meet the needs of our customers, and the combination of Accenture and Nell’Armonia would allow us to provide the latest and most comprehensive solutions to help organizations succeed.” their EPM transformations.
Stephanie Jandard, Managing Director and Chief Technology Officer of Accenture France, said: “Many large French companies will embark on an EPM transformation fueled by innovation in the cloud and driven by their commitment to sustainability. This is driven by the growing need for leaders to have a holistic, real-time view of their business critical functions, such as finance, human resources and supply chain management, reliable information on their performance. environmental, social and governance issues and the potential value of integrating sustainability into their business decision-making can bring. ”
Eric Leroy, CEO and founder of Nell’Armonia, adds: “Many clients have initiated transformation projects of their EPM model. Reporting, planning, budgeting and forecasting processes are essential to the success of these major technological and business transformations. Combining our strengths with Accenture would allow us to extend EPM beyond the financial function and strengthen our innovation capabilities using the latest technologies such as artificial intelligence, predictive analytics and robotics. The opportunity to join Accenture would open up huge opportunities for our company and our people. Together, we would be able to support a greater number of companies in successful management transformation projects, integrating all the key functions of the company. ”
The acquisition requires prior consultation of the relevant works councils and would be subject to customary closing conditions.
Accenture is a global professional services company with industry-leading digital, cloud and security capabilities. Combining unparalleled experience and specialized skills in over 40 industries, we provide strategy and consulting, interactivity, technology and operations services, all powered by the world’s largest network of advanced technology centers and smart operations. Our 537,000 employees deliver on the promise of technology and human ingenuity every day, serving customers in more than 120 countries. We embrace the power of change to create value and shared success for our customers, employees, shareholders, partners and communities. Visit us at www.accenture.com.
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