Procurement’s evolving. And so is procurement technology. As enterprise procurement organizations transform from tactical teams focused on cost reduction to strategic entities that drive enterprise-wide value, the role of procurement technology — enabling this transition — has become even more critical. Conventional procurement tools and software lack the capability and functionality to support the challenging and complex requirements of today’s procurement teams. Enterprises looking to invest in new procurement technology or upgrading their legacy systems must look for a solution that enables their procurement teams to meet these new roles and requirements.