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:
Procurement applications software market growth
Procurement changes in top five software providers
Digitization of procurement and partnerships
Convergence of workflows