Accenture has acquired PureApps, a UK-based Enterprise Performance Management (EPM) provider that helps clients use financial insight and analysis to improve organisational effectiveness through better cost management and strategy execution.
The acquisition will strengthen Accenture’s end-to-end EPM capabilities and enable it help CFOs transform the finance function using emerging digital technologies.
Terms of the transaction were not, however, disclosed.
PureApps specialises in implementing performance management solutions based on the Oracle Hyperion Enterprise Performance Management and Oracle Business Analytics range of products.
The company enables CFOs to report and analyse enterprise performance, accurately forecast business results and work with business units to transform these insights into action.
Its solutions integrate strategy, planning and execution across management and operational systems.
PureApps will be integrated into Accenture’s Finance and Enterprise Performance practice, part of Accenture Strategy.
PureApps’s technical capabilities will complement Accenture’s extensive consulting expertise for the finance function, including its global shared services offering.
The combination of the two businesses will strengthen Accenture’s presence in the UK EPM market and support clients in Europe, where demand for EPM-related services is strong.
