Organisations must urgently reassess how consultancy services are bought in order to ensure that they capitalise on supplier innovation and technological advancements, and remain regulatory compliant with what is an increasingly complex category of spend. That was the overriding theme explored at the Consultancy Procurement Council’s (CPC) recent Annual Summit: The Perfect Storm – Forces Driving Change in Consultancy Procurement.
Sponsored by Guidant Global and hosted by Grant Thornton UK LLP, the Summit – which was held on the 12th June 2019 – brought together over 150 consultancy procurement professionals for what is believed to be the largest ever consultancy spend management focused event ever held. On the day, decision makers from leading organisations including Goldman Sachs, ITV, Zurich Insurance, National Grid, GSK, the Crown Commercial Service and Barclays gathered to debate, discuss and share best practices around the future of consultancy provision and procurement.
Guest speakers at the event included: Cameron Robinson, Client Solutions Manager at Guidant Global; Jamie Gannaway, Co-founder of Deployed; Fiona Coombe, Director of Legal & Regulatory Research at Staffing Industry Analysts; and Manu Sharma, Partner & Head of Cyber Security at Grant Thornton.
Key note presentations from expert speakers included leading-edge insight on pertinent themes including: the disaggregation of the working world, the impact of IR35 changes on consultancy spend management and the maturing Statement of Work Managed Service Provider market.
On the success of the event, Alan Gotto, spokesperson for the Consultancy Procurement Council, said:
“Consultancy has always been challenging area of spend to manage – and the disruptive forces discussed at the Summit make it clear that it is getting more complicated, making it increasingly important for Procurement to develop the expertise to drive best value in this space. This year’s Summit was a phenomenal success and I’d like to thank Guidant Global and Grant Thornton UK for making it possible. Feedback from delegates was overwhelmingly positive and we look forward to welcoming existing and new CPC members who seek to elevate their thinking to future events which are programmed throughout the year.”
Cameron Robinson, Client Solutions Manager at Guidant Global, added:
“In today’s increasingly complex legislative environment, consultancy procurement professionals are facing unprecedented challenges around how non-employed resource is managed. It is vital that buyers reassess how people, processes and the services procurement technology ecosystem can knit together to ensure that talent is managed in the most efficient way – and I’m delighted that the insight we were able to offer on the maturing Statement of Work (SoW) market was so well received by attendees on the day.”