Policy Guide
Procurement Planning
Supplier Discovery
Supplier Management
Go To Market
Compliance Management
Evaluation & Award
Contract Management
Reporting & Analytics
See an overview of all the procurement modules.
Customer Experience
Flexible Ecosystem
World Class Security
See why customers choose the VendorPanel Platform.
Solutions
ProcureTech On the Rise: The State of the Industry in 2022
A comprehensive report on the latest trends in the procurement software industry.
The procurement software industry is growing. The market is experiencing a compound annual growth rate of 9.4% as demand for ProcureTech has spiked due to multiple factors, from political shifts to the pandemic.
Read our comprehensive report on the current ProcureTech trends in 2022, based on the latest industry research. We examine the source behind the sudden changes in demand, technology trends, and where the market is heading.
Click the button below to download this 2022 report.
- Digital transformation is the highest priority for most CPOs, as ProcureTech has shifted from a digital need to a digital must.
- The continuing move to technology is driven by significant new pressures on the procurement function.
- Supplier and contract management software, as well as tools for greater visibility (analytics and reporting), are in the highest demand.
Key Takeaways
More Insights
Did you Know? Getting Audit Ready
Our modules allow audit ready reporting to be generated across the full sourcing lifecycle
Grant Management Overview
This functionality gives end-to-end visibility to manage projects and contracts for grants
Did you Know? Conflict of Interest Declaration
Users can identify real or potential COIs in planning and evaluation stages of an event.
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