New research by Spend Matters suggests that organisations collectively spend over a trillion dollars per year on a range of services categories. From legal to marketing to print to outsourcing, organisational spending across a breadth of often complex and hard-to-manage services categories typically is large - significantly larger than most companies realise before analysing it - and decentralised. When companies first start to tackle complicated services categories, one of the major challenges they discover is that price is often just one component of many that factor into services spending decisions.
For a full look at the findings please log onto - http://www.spendmatters.com/library/