LONDON--(BUSINESS WIRE)--Global procurement intelligence advisory firm, SpendEdge, has announced the release of their ‘Accounting and Auditing Services Procurement Research Report.’ The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix of the financial services industry. This report breaks down the data and analysis behind the procurement of accounting and auditing services and acts as an all-inclusive guide for making smart purchasing decisions.
“Deloitte, EY, KPMG, and PwC dominate the market with their high level of expertise and reliability compared with other companies,” says SpendEdge procurement analyst Angad Singh. “Accounting firms are increasingly adopting advanced technologies, such as ERP and data visualization, to open new revenue streams and create more value-additions for clients, leading to the growth of accounting software and cloud services,” added Angad.
Key Report Features
|Supply Market Insights||Negotiation Strategies|
|Procurement Best Practices||Category Risk Analysis|
|Cost Saving Opportunities||Key Supplier Analysis|
|Pricing Models||Supplier Capability Matrix|
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- The global accounting and auditing services market is projected to grow at a CAGR of 7% over the forecast period.
- Buyers should seek to engage with suppliers who have ample relevant experience capable of providing inputs into handling the risks faced by the organization.
- Suppliers need to ensure the strict adherence to timelines to enable the publishing of financials at the appropriate time, especially at the end of a financial year.
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Accounting and Auditing Services Pricing Trends
The suppliers of accounting and auditing services provide the buyers with the option of choosing either the fixed fee pricing model or the hourly billing pricing model. The hourly billing model is currently witnessing increasing potential as it provides greater control over budgets and accounting processes while allowing the comparison of pricing between competitors.
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