Marriott International Inc. (MAR) and Accenture (ACN) Wednesday announced plans for a strategic collaboration through which Marriott will transition the services provided by its Louisville, Tennessee-based Marriott Business Services (MBS) finance and accounting (F&A) unit to Accenture, and Accenture will provide F&A services to Marriott and its franchisees.
In conjunction with the collaboration, Accenture will create a new business service, Accenture Hospitality Services, built in part around the operations and capabilities coming from Marriott's MBS unit. Accenture Hospitality Services will provide management consulting, technology and business process outsourcing services to companies in the hospitality industry.
The plan includes the transfer of MBS and its associates to Accenture, and the Louisville operation, just outside of Knoxville, will become an Accenture center of excellence for finance and accounting business process outsourcing and provide those services to Marriott as part of AHS.
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