Background Check Services Procurement: 2019 Global Market Intelligence Report - ResearchAndMarkets.com

DUBLIN--()--The "Global Background Check Services - Procurement Market Intelligence Report" report has been added to ResearchAndMarkets.com's offering.

The spend momentum of this category is attributed to the exponential growth of the BFSI sector where buyers such as lenders outsource background third-party credibility check to category service providers. Services such as verification of tax history and financial information associated with the credibility of third parties are carried out to ensure that the selection of third parties (borrowers of the loan) is done in a transparent manner.

This report provides actionable insights to improve source-to-contract cycle performance in the Global Background Check Services Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category drivers

  • Imposition of stringent drug testing regulations on employers
  • For a full, detailed list, view the report...

Category management strategy

  • Bundling of services
  • For a full, detailed list, view the report...

Procurement best practices

  • Use of social security number to trace an individual's information
  • For a full, detailed list, view the report...

Key questions answered in this report

  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers?
  • What are the constraints on category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: MARKET INSIGHTS

Global category spend

Category spend growth

Spend segmentation by region

Regional spend opportunity for suppliers

PART 03: CATEGORY PRICING INSIGHTS

Pricing outlook

Supplier cost structure

Outlook for input costs

Total cost of ownership analysis

Overview of pricing models

Comparison of pricing models

Supply chain margins

Cost drivers: Impact on pricing

Volume drivers: Impact on pricing

PART 04: COST-SAVING OPPORTUNITIES

Supplier-side levers

Buyer-side levers

Quantifying cost-saving opportunities

Quantifying cost savings by negotiation strategies

PART 05: BEST PRACTICES

Innovation and success stories

Procurement excellence best practices

Procurement best practices

Sustainability practices

Sustainability best practices

PART 06: CATEGORY ECOSYSTEM

Market favorability index for suppliers

Competitiveness index for suppliers

Buyer power

Supplier power

Threat of new entrant

Threat of substitute

Buyer ecosystem

Supplier ecosystem

PART 07: CATEGORY MANAGEMENT STRATEGY

Category management objectives

Supplier and buyer KPIs

Outsourcing category management activities

Risk management

PART 08: CATEGORY MANAGEMENT ENABLERS

Procurement organization

Category enablers

PART 09: SUPPLIERS SELECTION

RFx essentials

Supplier selection criteria

Service level agreement

Incumbent supplier evaluation metrics

PART 10: SUPPLIERS UNDER COVERAGE

Overview

Supplier positioning

Profile: KPMG International Cooperative

Profile: Grant Thornton International Ltd. (GTIL)

Profile: ADP LLC

Profile: Insperity Inc.

Profile: First Advantage

Profile: HireRight Group

PART 11: US MARKET INSIGHTS

Category spend in the US

Pricing outlook

Supplier cost structure in the US

Margins of suppliers in the US

Category cost drivers

Category volume drivers

Overview of best practices in the US

Procurement best practices in the US

US supply market overview

Supplier positioning for the US

Regional category risks

PART 12: CATEGORY DEFINITION

Category hierarchy

Category scope

Category map

For more information about this report visit https://www.researchandmarkets.com/r/bmn225

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900