According to the report, medium-sized enterprises are leading the implementation of procurement software, particularly cloud-based hosting. The trend is driven by the need to consolidate and enhance the purchasing process, allowing the purchasing department to leverage its purchasing power. The market for procurement applications is also influenced by changes in the look and feel of business applications and the ways they are used. Technology will help build trust, enhance relationships, and boost performance, which is crucial for procurement professionals to gain the trust and enthusiasm of stakeholders.
