Companies 'looking for better project management software'

Many companies are using the credit crunch as the reason to improve their overheads through the purchase of improved project management software for human resource staff, it has been revealed.

Watson Wyatt's 2009 HR Technology Trends Survey found that 61 per cent of organisations interviewed are aiming to cut their costs through the adoption of outsourced delivery models in order to improve the quality of service they offer clients.

Senior leader in administration solutions at Watson Wyatt Tony DeNucci said:"It's more than just a question of the cost of change; it's also a question of the cost of not changing.

"The companies that realise this are taking action, as demonstrated by current market activity."

He added that many companies are questioning the need to either put off changes to avoid short-term costs or to invest now and gain more in the long-term.

Forrester Research said earlier this week that it is easier for businesses to invest now as they will be more prepared for growth after the recession peters out.

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