Cost Reduction and Added Value in Procurement Teams by Outsourcing Transactional Processes to a BPO
Procurement has evolved beyond simply acquiring goods and services. Today, strategic procurement is essential for business competitiveness. However, many organizations waste time and resources on transactional and operational processes, instead of focusing on cost optimization and strategic value generation.
📊 Key Insight: A Deloitte study found that 60% of companies outsourcing procurement processes have reduced operational costs by more than 20%, while also improving decision-making agility.
This article explores how outsourcing transactional procurement processes to a BPO helps reduce costs, improve efficiency, and allow procurement teams to focus on higher-impact strategic activities.
