New Century Financial Corporation, a real estate investments trust and Accenture have signed a seven-year BPO agreement for HR and procurement services.

Under the HR portion of the agreement, Accenture will provide New Century with recruitment, payroll, leave and absence management and HR call center services.

Under the procurement portion of the agreement, Accenture will manage a full suite of New Century’s procure-to-pay functions, including sourcing and negotiating contracts with suppliers for goods and services, order processing, payables processing, travel and expense processing, procurement contract management, and a procurement helpdesk to support buyer and supplier inquiries.