The Procurement Outsourcing (PO) market (~$3.4B) has quickly become one of the fastest growing BPO segments in the market (CAGR 12.4% over the next 5 years) as a result of piggybacking from a mature F&A offering.
Finance’s P2P linkages to procurement have allowed providers to quickly seek synergies between both functions to drive further value for customers.
Customers, savvy of their outsourcing relationships and the synergies that can transpire, have slowly been identifying newer areas ripe for outsourcing adoption to transpire. Combining both, the PO market has seen a real hotbed of activity in recent years and looks to be the fasting growing BPO service line for the next several years.
This Blueprint takes a detailed look into the PO market, underlining the relative strengths and challenges for vendors in this segment and identifies several key trends to consider going forward.
Register now for immediate access of HFS' research, data and forward looking trends.
Get StartedIf you don't have an account, Register here |
With the exception of our Horizons reports, most of our research is available for free on our website. Sign up for a free account and start realizing the power of insights now.
Our premium subscription gives enterprise clients access to our complete library of proprietary research, direct access to our industry analysts, and other benefits.
Contact us at [email protected] for more information on premium access.
If you are looking for help getting in touch with someone from HFS, please click the chat button to the bottom right of your screen to start a conversation with a member of our team.
