Legal DealFolio - TNT Express - Accenture Business Process Outsourcing Contract

TNT Express, advised by Allen and Overy, signed a 5-year contract with Accenture for the business process outsourcing (BPO) of transactional activities related to finance and accounting, procurement and data entry. The BPO was part of TNT's drive to focus on core express delivery activities, reduce indirect costs and improve operational efficiencies. The deal was expected to deliver annual cost savings between EUR100m and EUR150m, with the first savings in 2016.

Deal Date:	21-07-2015	Practice Area:	Corporate and M&A
Deal Title:	TNT Express - Accenture Business Process Outsourcing Contract	Industry:	Industrial Transportation
Description:	TNT Express, advised by Allen and Overy, signed a 5-year contract with Accenture for the business process outsourcing (BPO) of transactional activities related to finance and accounting, procurement and data entry. The BPO was part of TNT's drive to focus on core express delivery activities, reduce indirect costs and improve operational efficiencies. The deal was expected to deliver annual cost savings between EUR100m and EUR150m, with the first savings in 2016.
Financial Center:	Amsterdam	Value:	0.00-0.00
Advised Party:	Service Recipient	Law Firm	Allen & Overy
Contract Counterparty	Netherlands	Contract Counterparty	United Kingdom
Classification:	Commercial Contracts and Outsourcing Outsourcing	Lawyer	Herald Jongen

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers