Procurement as a Service (PaaS) is a cloud-based service that enables organizations to manage their procurement processes. It provides a platform for companies to streamline their procurement operations, from sourcing to payment. PaaS offers a range of features, such as automated workflows, analytics, and supplier management. It also helps organizations to reduce costs and improve efficiency by automating manual processes. PaaS is becoming increasingly popular among organizations of all sizes, as it provides a cost-effective and efficient way to manage procurement operations. It also helps organizations to stay compliant with regulations and industry standards. Some companies in the Procurement as a Service market include Coupa, SAP Ariba, Oracle, Basware, and Zycus. Show Less Read more
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