Procurement’s Rising Importance Lifts Demand for Software
The 2024 ISG Provider Lens™ global Procurement Software Platforms report finds that, as procurement evolves into a strategic capability, enterprises are setting new priorities when choosing software.
- The 2024 ISG Provider Lens™ global Procurement Software Platforms report finds that, as procurement evolves into a strategic capability, enterprises are setting new priorities when choosing software.
- When evaluating procurement software platforms, they seek features including spend consolidation, automated negotiation tools and the ability to optimize supplier performance.
- “This could be the greatest disruptor that emerges from AI.”
The report also explores other procurement platform trends, including the increasing demand for easy-to-use software and the rising importance of trust between vendors and clients. - The 2024 ISG Provider Lens™ global Procurement Software Platforms report evaluates the capabilities of 24 providers in one quadrant: Procurement Software Platforms.