Order.co, a leading AI-powered procurement platform, today announced it has been named ‘AI Procurement Software of the Year 2025’ by CIOReview. This award recognizes Order.co for pioneering ...

Altogether, procurement software provides businesses with the cutting-edge technology needed to streamline their procurement process, lower costs, and forge a path for sustainable growth.

The procurement software company, bought by KKR in 2024, also sold six business units with duties outside the gov tech space.

Vancouver, Jan. 16, 2024 (GLOBE NEWSWIRE) -- The global procurement software market size was USD 6.67 Billion in 2022 and is expected to register a rapid revenue CAGR of 10.4% during the forecast ...

Procurement software often includes robust analytics and reporting capabilities, allowing organizations to gain insights into their spending patterns, supplier performance, and other critical metrics.

GEP SOFTWARE encompasses GEP SMART ™, named the world's best procurement software for the second year in a row, and GEP NEXXE ™, the next-generation cloud-native supply chain unified platform.

In particular, the procurement software market is a prime example of a sector in which enterprising organizations, armed with sound business models and the minimum requisite funding, can innovate ...

Services procurement software typically can save a company 5% to 10% of its spending on services, but the savings can total as much as 30% because such purchases “have been so poorly managed ...

Technavio has announced the top six leading vendors in their recent global procurement software market report from 2017-2021.

Neumann said the software could help Motorola reduce the cost of services contracts by 10% to 20%. It takes about two hours to train a procurement manager to use Elance’s tools, he said.