An analysis of several procurement solutions performed in 2024 assigned a score of 2.4 out of four to the overall process orchestration on procurement platforms. This includes receiving information from supplier portals and aligning it with buyers' requests and required compliance with contracts. In turn, the actual receiving of goods was measured at 2.02 out of four.
Main e-procurement tech capabilities in 2024, by average assigned score
Data based on analysis of consultants and answers of customers using services of the following vendors: Basware, Corcentric Platform, Coupa, ebidtopay, Fraxion GEP, ISPnext, Ivalua, Jaggaer, Kissflow, mdf commerce, Medius, MeRLIN, Onventis, OpusCapita, Oracle, Precoro, Proactis, Promena, SAP Ariba, Varis (formerly BuyerQuest), VORTAL, Vroozi.
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Spend Matters. (July 3, 2024). Main e-procurement tech capabilities in 2024, by average assigned score [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1478453/e-procurement-tech-capabilities-by-assigned-score/
Spend Matters. "Main e-procurement tech capabilities in 2024, by average assigned score." Chart. July 3, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1478453/e-procurement-tech-capabilities-by-assigned-score/
Spend Matters. (2024). Main e-procurement tech capabilities in 2024, by average assigned score. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1478453/e-procurement-tech-capabilities-by-assigned-score/
Spend Matters. "Main E-procurement Tech Capabilities in 2024, by Average Assigned Score." Statista, Statista Inc., 3 Jul 2024, https://www.statista.com/statistics/1478453/e-procurement-tech-capabilities-by-assigned-score/
Spend Matters, Main e-procurement tech capabilities in 2024, by average assigned score Statista, https://www.statista.com/statistics/1478453/e-procurement-tech-capabilities-by-assigned-score/ (last visited November 21, 2024)
Main e-procurement tech capabilities in 2024, by average assigned score [Graph], Spend Matters, July 3, 2024. [Online]. Available: https://www.statista.com/statistics/1478453/e-procurement-tech-capabilities-by-assigned-score/
