Global Procurement Software Market to Grow at a CAGR of 10.16% During 2017-2021 - Basware, IBM, Oracle, PROACTIS, SAP, SciQuest
Procurement software is a program that allows organizations to automate the process of purchasing resources and managing inventory. The software generates and approves purchase orders, selection, and ordering of product or service; matches invoices for materials received; and tracks all payment schedules. It is used for a range of applications, from shopping carts to highly complex SCM applications for global enterprises.
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