Organizations are Using More Procurement Software (.PDF Download)

April 5, 2023
The global procurement software market is expected to more than double in size over the next eight years.

Used to issue and assess tenders; approve purchase orders; order products and services; and then receive, match up and pay vendor invoices, procurement software drives a lot of the manual work out of the procurement process and lets CPOs and their teams focus on more strategic projects. Many different industries use the software, which can help reduce costs, enhance productivity, leverage standardization and improve organizational transparency.

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