01 Apr 2010 Demand for Procurement Software Increasing in 2010
Posted at 13:55h
in Procurement Software
According to Forrester, reported by Purchasing.com, spend on procurement software will increase markedly in 2010 following a stagnant 2009. The areas high-lighted to enjoy increased revenue are:
- Supplier Risk and Performance Management
- Automated spend analysis
- Contract Life-cycle Management
- Services Procurement
- Supplier Networks
Consolidation in the Procurement Software Market
There is also talk of acquisitions with SAP, Oracle, Ariba, Basware, BravoSolution and Emptoris all identified as potential suitors.
Looks like it’s going to be an interesting year.
