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Leading analyst IDC recognizes innovation in procurement solutions.

Airbase

Software designed to meet the needs of traditional procurement has focused on support for the RFQ process, vendor management, supply chain management, logistics, and delivery against contract issues. Traditional procure-to-pay software addresses many of the steps that do not apply to decentralized spending.

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Procure-To-Pay Guides The Middle Market Into The Cloud

PYMNTS

Plus, said Jandrell, these firms increasingly require the capability to manage processes before and after purchases are made. Historically, that has meant disparate, siloed platforms for expense management, contract management, accounts payable automation and more.