We can’t strike oil in the back office. Wait a
minute, maybe we can.   Larissa Koudeleva,
Accounts Assistant
Mubbasher Khanzada,
Junior Systems
Engineer
Accenture, Aberdeen, Scotland
Innovative outsourcing contract fuels
growth. Drilling for oil and gas in the North Sea is tough work—and
not just because of the weather. Rising costs and volatile pricing make
financial management in this inclement environment equally challenging.
With the help of an outsourcing service contract with
Accenture, six oil and gas companies* in the region continue to grow and
enhance their competitive positions despite the difficult conditions. Not only
have some of these companies achieved savings of 30 to 50 percent on finance
and accounting costs, they also have greatly enhanced their financial systems
and services, positioning themselves for growth even as the industry matures.
Originally created to serve BP Exploration more than 10
years ago, our multiclient outsourcing center in Aberdeen, Scotland, has grown
to employ approximately 450 Accenture professionals who provide finance and
accounting services to companies that handle approximately 40 percent of the
oil and gas production in the North Sea.
“Two of our major clients have nearly doubled in size in
the last two years alone,” explained John Gillespie, Accenture client partner.
“We have also been able to offer new services across the client base that would
be far more costly for individual companies to acquire, including a shared SAP
accounting platform and a suite of innovative Web-based initiatives.”
Using Aberdeen as a model, we have developed similar
arrangements with oil and gas producers and refiners in Houston, Texas;
Anchorage, Alaska; Budapest, Hungary; Stavanger, Norway; and Warwick, United
Kingdom. We are also pursuing outsourcing agreements with companies outside of
these regions and in other industries that can benefit from similar innovations
and shared solutions to common challenges.
*BP, Talisman Energy UK Ltd, Conoco (U.K.) Limited, LASMO
plc, TotalFinaElf Exploration UK PLC, BOL (Britannia Operator Ltd)
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