Norwegian energy firm Statoil has outsourced its accounts payable functions to Accenture in a five-year business process outsourcing (BPO) deal for an undisclosed sum.
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The agreement aims to improve the efficiency and effectiveness of Statoil's accounts payable operations by re-engineering processes and increasing automation via Accenture's global network which links datacentres in Norway, the Czech Republic and India.
The delivery of the outsourced services will begin in September.
Statoil has operations in 40 countries. Accenture has worked with Statoil since the late 1970s, supplying consulting and technology services.