Companies typically help inform decisions regarding peer group performance and best practices by conducting benchmarking activities. They also use benchmarking to ensure they do not overpay their third-party service providers where they have longstanding relationships. However, it is increasingly apparent that benchmarking has many limitations. Consequently, leading companies address these issues through applying dynamic analytics on a continuing basis to these best practice and pricing issues.
What Is Happening Now In Tech Services Spend?
The beginning of 2023 saw tech services budgets slightly up, with robust [...]