![]() With procurement software, it’s easier to finalize deals and log transactions to enforce transparency and centralize the procurement lifecycle. ![]() This involves everything from prospecting for internal needs, creating purchase orders, approving purchase requisitions, and tracking invoices. Procurement software is built to help manage the whole procurement lifecycle. Procurement software, sometimes referred to as purchasing management software, manages the process of purchasing goods and services, negotiating with vendors, and optimizing for cost savings.
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