Accenture (NYSE: ACN) has acquired ClearEdge Partners, a firm specializing in procurement spend management, to help clients better manage their digital transformation spend.

ClearEdge will bring proprietary methodologies and an expertise in information technology spend management and software asset management.

Going forward, the combined capabilities of the two firms will assist Accenture in extending insights and purchasing expertise to help clients generate cost savings and extract greater value out of investments.

“We’re delighted to welcome ClearEdge to our team, adding significant IT category expertise to our procurement business while extending our ability to deliver value for clients,” added Manish Sharma, group chief executive of Accenture.