Accenture (NYSE: ACN) has signed an agreement with Brandix (www.brandix.com), the largest exporter of apparel in Sri Lanka, to provide business process outsourcing (BPO) services for human resources, finance and accounting and procurement. Financial terms of the agreement were not disclosed.
The agreement is designed to help Brandix build streamlined, leading-edge back office processes at a reduced cost and to drive significant improvement in operational efficiency and effectiveness. Accenture will deliver these services from Colombo, Sri Lanka.
Ashroff Omar, Chief Executive Officer of Brandix said, "This agreement will help us to build a strong foundation for our future success. Accenture will bring its extensive global experience, proprietary assets, software and analytics capabilities, helping to create more efficient and cost effective business processes. This will enable us to focus on delivering a high quality product and service to our global customers. We are excited about the prospects of building this capability which will enable Sri Lanka's apparel sector to leapfrog into a knowledge-based industry."
"In delivering these services from Sri Lanka, we will be able to combine the existing processes and industry knowledge from Brandix with Accenture's scale and cross-industry experience," said Anoop Sagoo, Senior Managing Director, Business Process Outsourcing, Asia Pacific at Accenture.