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.”