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Procurement software is a type of software used to manage the purchasing of goods and services. It is designed to streamline the process of ordering, tracking, and receiving goods and services. It can also be used to manage supplier relationships, automate the purchasing process, and track spending. Procurement software can help organizations reduce costs, improve efficiency, and ensure compliance with regulations.
The procurement software market is highly competitive, with a wide range of vendors offering solutions for different types of organizations. Vendors range from large enterprise software providers to smaller, specialized providers. Some of the leading companies in the market include SAP Ariba, Oracle, Coupa, Ivalua, and Zycus. Show Less Read more