Conductiv™, formerly Medpricer, unveiled its new brand and integrated suite for purchased services cost optimization today with the launch of Conductiv Platform™, Conductiv Services™ and Conductiv Contracts™. The rebrand positions Conductiv, the leading end-to-end third-party services optimization company, to broaden its offerings and expand into new markets.
Editor's Note: This article originally appeared on Conductiv's website.
“Third-party services optimization has emerged as a top target for supply chain and finance executives looking to implement cost-saving initiatives,” said Chris Gormley, Chief Executive Officer of Conductiv. “Third-party services include purchased services as well as IT, construction, clinical, HR, marketing and administrative categories. Conductiv’s proprietary spend database shows that organizations spend 22 to 54 percent of their non-labor expenses on third-party services, representing a crucial, untapped source of margin improvement – especially with Conductiv’s ability to drive savings of 24 percent, on average.”
Conductiv empowers supply chains by integrating its technology and proven category expertise – including analytics driven by artificial intelligence, marketplace insights and express contracting negotiation capabilities – onto one integrated cloud-based platform. Click here to continue>>
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