Accenture upgrades business software for energy commission

Accenture Federal Services has won a five-year, $10.8 million contract from the Federal Energy Regulatory Commission (FERC) to provide Oracle’s PeopleSoft application support and hosting services.

The contract is designed to bring business intelligence, analytics and cost accounting to the commission, according to an Oct. 11 Accenture announcement.

Accenture will upgrade and expand existing software applications to enable the commission to access, organize and interpret information to improve efficiency and help transform information into predictive analytics using Oracle Business Intelligence Enterprise Edition software.

This shift will help the commission identify areas for process improvement and cost reductions, the announcement said.

By modernizing its financial management capabilities, the commission will be able to increase the effectiveness of its financial operations while reducing costs, John Matchette, Accenture’s Federal Public Safety practice leader, explained in the announcement.

FERC was one of Accenture’s first PeopleSoft clients in the federal sector. Accenture implemented and operated the commission’s original software solution applications.

Accenture, of Dublin, ranks No. 33 on Washington Technology’s 2011 Top 100 list of the largest federal government contractors.