Emerging Trends to Manage Your Indirect and Services Procurement Spend

Emerging Trends to Manage Your Indirect and Services Procurement Spend

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Over the last 12-18 months we have seen an evolution of the value that a services procurement solution can deliver. Customer demand for a solution in this space has matured beyond simply managing the SOW administration and is driving more requirements around proper labor classification, spend analytics, sourcing and spend management. Much of the maturation, along with customer requirements are driven in large part by the advancement in technology capabilities of VMS providers. Any company that does not have the desired level of visibility and control over their services and indirect category spend profile has much to gain from the evolution of this space.

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