The recent economic turmoil not only forced many small and large companies in the private sector to rethink their cost management strategies, but also prompted governmental bodies and not-for profits to emphasise agility and be more efficient.
The current climate has meant local authorities have been hard pressed to “do more with less.” With this backdrop, it not surprising for public sectors to follow the lead of private companies in using advanced Sourcing and purchasing technologies hitherto available only to large organisations to drive down cost and improve efficiency.
With an On-Demand deployment model, companies pay predictable fees to gets the results of efficient strategic sourcing and competitive bidding without worrying about managing software and hardware or stretching their already slim IT staffs to manage the technology infrastructure.
More and more public sector and governmental agencies are using the power of these new Procurement delivery platforms to achieve significant savings that can then be put to work in other areas. And the added intangible is that it also makes the Sourcing process more transparent.
James Samuels, CEO of Claritum Said - “We’re seeing huge demand for our SaaS spend management application from private and public sectors. The combination of spend analysis, sourcing, e-procurement, supplier network and catalogue delivers significant and measurable benefits.
Our clients love the quick ROI and the significant hard cash savings. Clients such as the London Borough of Enfield, Ealing and Greenwich have announced 17-25% savings and there’s more to come”