This market is expected to grow from $7.4B in 2023 to $13.2B in 2030. That’s a CAGR of 8.65%.
Today’s post is by Ron Southard, CEO at SafeSourcing Inc
According to Research and Markets, The Procurement as a Service Market is expected to grow from $7.4B in 2023 to $13.2B in 2030. That’s a CAGR of 8.65%.
As our customers know, we have shifted our focus away from Software as a Service where you use our tools to source your goods and services to Procurement as a Service where we use our tools to do it for you. An additional benefit here is that we will also do it for you using your tools like Ariba or Coupa and others. So, no lost investment. The benefit to you is the capability of taking more categories to market in a shorter period of time and get a better return on your investment. SafeSourcing’s average savings on eRFX events over the last five years is greater than twenty-four percent. No one in the industry gets those kinds of numbers. SafeSourcing’s average tenure for our procurement knowledge workers is eleven years. So why hire someone new?
While our services cover all eRFX types such as RFI’s, RFP’s and RFQ’s, SafeSourcing also provides services in Spend Management, Contract Management, Document Management and supports it all with our SafeSourceIt™ Global Supplier Database.
Talk to SafeSourcing about our unique “Eight Step Process” a White Glove Procurement as a Service offering for taking any category to market with our tools or yours.
