Many (if not all) large, global corporations today find themselves faced with a recurring need for business and management consulting services. A recent report by Gartner estimates that businesses spend between 2% and 7% of their operating budget for business consulting.i Given the continued expansive use and increasing dollars spent on consulting services by the Global 2000, it should not be a surprise that the buyers of these services – the procurement officers and business unit executives – are demanding more visibility and control into how services are sourced, managed, and ultimately — delivered. This white paper provides procurement executives with an understanding of the current landscape procurement offices are facing, how to leverage spend management and a seven step approach for best practices pertaining to consulting services spend.

Contributors: IQNavigator
Categories: Whitepaper
SRC Type: All Talent Management, Talent Management