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NEW FAO SPENDING IN 2008 RECORD-HIGH, UP 35 PERCENT: EVEREST

Economic recession fuelled large market FAO activity, especially with traditional adopters like manufacturers, and emerging industries like media and entertainment
Gurgaon, March 9, 2009 ─ Finance and Accounting Outsourcing (FAO) contracts signed in 2008 reached US $3 billion – the strongest year ever for new FAO spending – representing a 35 percent growth over 2007. [...]

Procurement outsourcing market redefining itself; on see-saw growth path, according to Everest Research Institute

Global sourcing and offshoring of procurement outsourcing gaining momentum
DALLAS, April 9, 2008 ─ Outsourcing of procurement functions is on a “see-saw” growth path fueled by an enhanced value proposition and strong movement towards global sourcing and offshoring, according to an Everest Research Institute study of the procurement outsourcing (PO) market.
Companies signed fewer procurement outsourcing [...]

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