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Posts tagged austerity

Meeting requirements for the year ahead

January 14, 2013

Simon ThompsonAusterity measures have impacted every area of business, but none more so than procurement departments, which have been handed the task of reducing spend while maintaining quality.

When it comes to meetings, conferences and events, many businesses were previously unaware of exactly how much they spent, with corporate ‘jollies’ making up a large percentage of this expenditure. The recession has forced businesses to scrutinise every penny spent and evaluate how that spend is perceived publicly. These conditions have changed buying trends in a number of ways. (more…)