How are procurement departments affecting these decisions?
Of the 563 global enterprises surveyed in 2020, more than a third work with a procurement or purchasing department when buying translation and selecting language service vendors. Most respondents who said they work with their procurement team came from the largest enterprises (US $1billion+ in revenue).
But these are not the only companies likely to be using the Source-to-Pay (S2P) model for their company purchases – these platforms are available for all size companies wishing to optimize their supply chains. Both localization departments and language service providers will need to find out how S2P software categorizes language services.