Trends Report

The ePurchasing Market Is Growing Almost Twice As Fast As The Overall Software Market

Specialists Are Holding Their Own Against Suites

November 8th, 2019
With contributors:
Pascal Matzke , Duncan Jones , Audrey Hecht , Ian McPherson

Summary

Software that supports business sourcing, contracting, purchasing, and vendor management — which Forrester calls ePurchasing — will continue to see strong demand as firms maximize the value and minimize the cost of the goods and services they purchase to create offerings for their customers. But purchasers face choices between specialist products and suites of related products; different internal stakeholders have different preferences. This report helps CIOs and their business partners navigate the landscape of options and determine which ePurchasing solutions best support their buy-side business activities.

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