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US companies make significant savings with e-procurement


20/09/2007 09:10 
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More than a third of US companies have recorded print procurement savings of between ten and 25 per cent, according to a new report.

The research also showed that a further 13 per cent of large and very large companies said they had made savings of more than 25 per cent as a result of e-procurement solutions.

The study, entitled The Print e-Procurement Marketplace: 2007 Print Buyer Survey Results, was undertaken by George Mason University in Fairfax in collaboration with Gartner.

Pete Basiliere, research director at Gartner, said: "Based on our research, there is no doubt print e-procurement tools improve the purchasing process and generate significant cost savings.

"Whether producing or buying business stationery, basic trans-promo documents or complex CRM-based marketing materials, I encourage print providers and buyers to investigate the latest breed of W2P tools."

The study found that company bosses were most pleased with the cut in errors during print procurement, while 40 per cent said that the implementation of the e-procurement tool "exceeded" or "far exceeded" their expectations.

 
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