Business Services industry is undergoing dramatic changes. The changes are coming from all sides – clients demanding better results from their dollars; lean but highly creative boutiques challenging the established firms; and new technologies that may reinvent the very process of service delivery. For example, in the world of advertising, consumers are no longer responding to traditional forms of advertising/marketing on television and newspapers and pay–per–click models or out–of–home digital media have dramatically changed the traditional advertising mechanisms for ever. Many traditional advertising firms were caught flat–footed with this sudden change.
As a result larger business services firms are responding to these fundamental changes in their industry that threaten their top line by retooling their expertise, as well as ensuring that they manage their costs better. Streamlined corporate spend is a key element of that strategy.
Ketera provides services companies with the applications and services needed to control and reduce corporate spending at a low cost of ownership. Its on demand suite includes applications for spend analysis, sourcing, contract management, e–procurement, and payment & reconciliation. The combination of these hosted applications along with services such as implementation, supplier enablement and system administration has allowed leading organizations such as Acxiom and Horizon Associates to streamline their corporate spend and reduce their overall costs. |
