In IDC’s opinion, digital transformation (DX) is reshaping procurement organizations' business processes, employees' work, and business outcomes globally. Smart businesses have turned their focus to software-as-a-service (SaaS) and cloud-enabled procurement software because they need flexible and agile applications that are relatively easy to implement, configure, and update while also bringing in the latest innovation.
Read this IDC Market Share excerpt featuring these key takeaways:
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Procurement applications software market growth
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Procurement changes in top five software providers
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Digitization of procurement and partnerships
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Convergence of workflows