2020 Procurement Insight Report

A Buyer's Guide to Modern eProcurement Software and Purchasing Use Cases

This report explores the varying degrees of automation and improvement that are possible with procurement technology, presents observations on the state of the market, and offers a buyer’s guide to decision-makers who are considering a solution.

Procurement is a vital function in the back office—and one that helps the business to function properly. Over the past few years, Levvel has noticed an interesting distinction emerge in the procurement technology space between “computerization” and “automation.” Specifically, as organizations have worked to improve their procurement processes with technology, many have computerized their procurement, but few have truly automated it. Levvel Research’s 2020 Procurement Insight Report presents observations on the current and future state of the procurement technology market with industry trends, organizational benchmarks, and an actionable procurement technology buyer’s guide. Organizations may use this report to identify, select, and introduce a procurement technology that fits their specific needs for efficiency and operational excellence.

Authored By

Anna Barnett, Research Senior Manager

Anna Barnett

Research Senior Manager, Levvel

Major Bottoms Jr., Senior Research Consultant

Major Bottoms Jr.

Senior Research Consultant

How can this report help you?

This report explores the varying degrees of automation and improvement that are possible with procurement technology, and offers a buyer’s guide to decision-makers who are considering a solution.

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2020 Procurement Insight Report

A Buyer's Guide to Modern eProcurement Software and Purchasing Use Cases

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