SOURCE: Xchanging

Xchanging

October 30, 2013 09:00 ET

Xchanging Designated a "Star Performer" Within the Global Procurement Outsourcing Market for Second Year in a Row

Moves Into Leaders Quadrant on Everest Group's PEAK Matrix™

CHICAGO, IL--(Marketwired - Oct 30, 2013) - Xchanging, the business process, procurement and technology services provider, has been named a "Star Performer" in the Everest Group annual Procurement Outsourcing (PO) Service Provider Landscape with PEAK Matrix Assessment report. Further, for the first time, Xchanging has been ranked as a top Leader, based on its market success and PO delivery capabilities.

The positioning was determined by Everest Group's comprehensive evaluation framework, PEAK Matrix, which analyzed the Performance, Experience, Ability and Knowledge of Xchanging and over 20 other established procurement outsourcing service providers.

"In the past year, Xchanging has extended its geographic footprint, with an expansion of European operations into Scandinavia, the Baltics, Greece and Portugal, and the opening of new offices in Chicago, Brisbane, Singapore and Madrid," stated Saurabh Gupta, Vice President, Everest Group. "Xchanging has continued to invest significantly in technology and with strong market success, and delivering high levels of buyer satisfaction around expertise and implementation, Xchanging has once again earned the status of 'PO Star performer,' and its new 2013 position as a Leader in the PO Market."

With a team of over 700-plus procurement and category specialists and world-class processes and technology, Xchanging is a global leader in procurement services.

"It is very rewarding to be recognized as a 'Star Performer' again by Everest Group," said Ed Cross, Executive Director, Procurement, Xchanging. "To have moved up to be named as one of the PO Service Provider Leaders is a reflection of our strong global growth strategy in procurement services and the investment we continue to make in innovative technology. Going forward, we will strive to meet the changing needs of the market so as to continue our growth and upward trajectory."

Xchanging

What we are
Xchanging provides business processing, technology and procurement services internationally for customers across multiple industries.

What we do
Xchanging brings innovation, thought leadership and passion to its customers' businesses so as to enhance performance and value. Our values are embedded into everything we do.

What we want to be
Xchanging wants to be regarded as the best provider in its chosen markets by delivering services that are recognized for outstanding quality, reliability and innovation.

www.xchanging.com

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