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NPI Identifies Most Common Areas of IT Overspending in Financial Services Industry

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“There are a lot of forces that are driving IT spending in the financial services sector. The important thing to remember is that vendors understand this pressure and are keen on making sure enterprises pay the highest dollar. Any company that wants to counter this leverage needs to have visibility into fair market pricing and terms. Without this vendor-specific market intelligence, the risk of overspending is really high,” said Jon Winsett, CEO of NPI.

In 2011, financial services and healthcare are the top two growth sectors for NPI’s spend management services; including benchmarking, cost analytics and strategic sourcing for IT and telecom purchases. For more information on NPI’s IT and telecom spend management services, please visit http://www.npifinancial.com.

About NPI
NPI is a spend management consulting firm that protects companies from overspending in specific cost categories – information technology, telecommunications, transportation and energy. Using a combination of market experts, proprietary methodologies and extensive data, NPI ensures that prices and terms are in line with best-in-class benchmarks. Reviewing more than 14,000 purchases annually, NPI provides objective oversight for billions of dollars of strategic spend for its clients. To learn more about how NPI can help your company start saving today, visit http://www.npifinancial.com or call 404-591-7500.

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For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/10/prweb8893059.htm

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