Procurian & Accenture: Market Analysis and Initial Spend Matters Take [PRO]

This morning, Accenture announced it was acquiring Procurian in an all-cash transaction valued at $375 million. Earlier this afternoon, members of the Spend Matters research team spoke to Accenture’s Mike Salvino, Group Chief Executive of Accenture Business Process Outsourcing. Mike was frank in sharing his perspectives on what the Procurian acquisition brings to customers and the broader market. Today, we’ll focus on our comparative market analysis, beginning with Mike’s observations and then providing our own commentary, including the general strengths and weaknesses of the combination.

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