Accenture to acquire Paris based EPM Solutions Consulting Company, Nell’Armonia

Accenture has now announced its intent to acquire Nell'Armonia, a Paris-based consulting and technology company which is having its specialization in Enterprise Performance Management (EPM) solutions.

Nell'Armonia is founded by Eric Leroy in the year 2005. It has more than 100 highly skilled professionals with an experience in Oracle EPM cloud solutions as well as OneStream, CCH Tagetik and Anaplan solutions, which serves customers across Israel and France with services that cover the entire EPM spectrum, from advisory to implementation and maintenance.

Olivier Girard, market unit lead, Accenture France and Benelux, said, "Robust EPM capabilities that bring together data, technology and talent are critical for creating a more dynamic, agile and actionable performance management process. Accenture is committed to providing the best resources and capabilities to meet the needs of our clients, and the combination of Accenture and Nell'Armonia would allow us to deliver the latest, most comprehensive solutions to help organizations succeed in their EPM transformations."

Stephanie Jandard, managing director and Technology lead, Accenture France, said, "Many large French companies will engage in EPM transformation powered by cloud innovation and motivated by their commitment to sustainability. This is driven by leaders’ increasing need for a holistic, real-time view of their company’s critical functions, such as finance, HR and supply chain management, reliable insight on their Environmental, Social and Governance performance and the potential value that integrating sustainability into their business decision making can bring."

The financial details of the deal were not disclosed.

The acquisition will strengthen and enhance Accenture's position in the EPM market. Nell'Armonia brings cloud innovation capabilities and data to enable customers to address their needs for analytics-based insights to support finance and end-to-end enterprise planning.

Accenture's acquisition brings capabilities to extend EPM beyond the finance function. It will help Accenture strengthen its capabilities by using artificial intelligence, predictive analytics, and robotics, notes the announcement.