ABOUT Procurement
Procurement software allows to select vendors, establish payment terms, strategic vetting, selection, the negotiation of contracts and purchase goods.
PROCUREMENT MARKET SHARE TABLE
| Ranking | Technology | Domains | Market Share |
|---|---|---|---|
| 1 | SAP Ariba | 2,367 | 40.05% |
| 2 | SAP Procurement & Strategic Sourcing | 533 | 9.02% |
| 3 | SAP Ariba Sourcing | 421 | 7.12% |
| 4 | Oracle Procurement | 417 | 7.06% |
| 5 | Ariba eProcurement | 221 | 3.74% |
| 6 | Ivalua | 147 | 2.49% |
| 7 | PunchOut | 122 | 2.06% |
| 8 | Verian | 119 | 2.01% |
| 9 | Oracle Advanced Procurement Suite | 108 | 1.83% |
| 10 | Selectica Technology | 107 | 1.81% |