PO offshoring nearly 70 percent and steadily increasing
Gurgaon, July 7, 2009 ─ Adoption of Procurement Outsourcing (PO) services by financial services firms is expected to regain momentum in the medium to long term as companies leverage a strong value proposition to reduce costs, but deals will be different than in the past, according to [...]

Annual spending on PO contracts surpassed US $1 billion last year
New Delhi, April 7, 2009 ─ Although the number of new contracts for Procurement Outsourcing (PO) services declined in 2008, strong interest and expansion of existing contracts sustained a 30 percent annual growth rate, according to an Everest Research Institute study of the procurement [...]