Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Procurement BPO Still A Relative Newcomer

  • 12 November, 2007 14:37

<p>NORTH SYDNEY, 12th November, 2007</p>
<p>IDC's most recent analysis of the BPO market in Australia finds the adoption of Procurement BPO still discrete in nature and will remain so over the next couple of years.</p>
<p>"Although IDC has observed a strong interest in outsourcing procurement activities especially within the sourcing sub-segment segment it is primarily within the 500+ employee companies. Even within this market segment, there are still small scale engagements and the overriding driver remains cost management. IDC estimates that the Australian procurement business services market to increase at a four-year compound annual growth rate (CAGR) of 18% to approximately A$534 million by 2011," says Aprajita Sharma Research Manager Outsourcing and BPO services.</p>
<p>"The market is not ready for comprehensive procurement BPO. However it is still important to consider the smaller scale engagements - as BPO deals increase over time in scope and complexity, these smaller engagements allow firms to gain a foothold within the marketplace. It is also critical to identify relevant trigger events for procurement BPO adoption – eg. F&amp;A outsourcing could be a lead-in for procurement BPO as some large customers look at cross-functional integration of the accounts payables and accounts receivables," she added.</p>
<p>IDC's analysis is an annual update the company's four-year forecast for the Australian procurement business process outsourcing (BPO) services market. The purpose of this study is to identify and quantify the market opportunity for service providers and to present recommended strategies for them to take advantage of these opportunities.</p>
<p>Some other key highlights of the report are:</p>
<p># The document reviews key demand and supply trends influencing the market trends and opportunities
# It discusses the future impact of key adoption patterns on the Procurement BPO market in Australia</p>
<p>IDC research:</p>
<p>If you would like further information or to purchase IDC research, please contact Gary Clarke, IDC Associate VP of Sales via email or phone 02 9925 2226.</p>
<p>For press enquiries please contact:
Aprajita Sharma
Research Manager, Outsourcing and BPO
Phone: 61 2 9925 2257

Most Popular Reviews

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Latest Articles


PCW Evaluation Team

Cate Bacon

Aruba Instant On AP11D

The strength of the Aruba Instant On AP11D is that the design and feature set support the modern, flexible, and mobile way of working.

Dr Prabigya Shiwakoti

Aruba Instant On AP11D

Aruba backs the AP11D up with a two-year warranty and 24/7 phone support.

Tom Pope

Dynabook Portégé X30L-G

Ultimately this laptop has achieved everything I would hope for in a laptop for work, while fitting that into a form factor and weight that is remarkable.

Tom Sellers


This smart laptop was enjoyable to use and great to work on – creating content was super simple.

Lolita Wang


It really doesn’t get more “gaming laptop” than this.

Featured Content

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?