Travel Procurement Services Providers Speak Up

Business Travel News‘ Jay Campbell shares what he learned after having discussions with travel procurement services providers Procurian, Accenture and IBM. Here are some key take-aways:

  • There is a keen awareness on the part of the providers of the negative connotations among travel management professionals concerning what they do. 
  • Procurian has surpassed the $1 billion mark on “total client travel and entertainment spending under management.”
  • According to Everest Group, “the procurement outsourcing market as measured by annual contract value grew by 10 percent to 15 percent in 2012, after a 15 percent growth a year earlier.”
  • It is typical for engagements to involve multiple spend categories and start at the C level.
  • Concerning the overall opinion about procurement outsourcing, Procurement Leaders research found “more than one-third (37 percent) expressed a positive opinion with less than half of that (18 percent) a negative opinion.”

Click here for the entire article, entitled “The Outsourcers: Travel Procurement Services Providers Say They Aim To Supplement, Not Replace, Internal Resources.”

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