This IDC study provides an assessment of the leading SaaS and cloud-enabled sourcing software solutions and discusses what criteria are most important for companies to consider when selecting a system.
"Sourcing solutions are a necessary product for every procurement organization. While most procurement vendors offer sourcing, the products vary in their breadth and depth. The best sourcing vendors are integrating social, mobile, cloud, advanced analytics, additional data streams, and machine learning to provide more intelligent sourcing platforms," said Mickey North Rizza, program vice president, IDC's Enterprise Applications and Digital Commerce research practice. "These sourcing platforms are paving the way for sourcing organizations to become more reliant on technology to do the heavy lifting."