In one unified platform, it includes eProcurement, Punchout Catalogs, AP Automation, Supplier Portal and Management, Inventory Management, Custom Integrations, and much more. Companies can streamline their procurement strategy and increase process productivity with Kissflow Procurement Cloud. Kissflow Procurement Cloud is a flexible procure-to-pay solution that helps companies of all sizes streamline their procurement processes. To help you pick from so many procurement tools and techniques out there, we’ve put together this list of the top 5 procurement tools, along with their pros and cons. It is often the difference between a successful procurement team, and a hassled set of people who are scrambling every day and dealing with frustrated customers, coworkers, and finance team members. Now with a plethora of procurement software options available in the market, getting the right procurement tool makes all the distinction. Beyond that, the technology aids in improved reliability, transaction visibility, transparency, and cost savings across the entire supply chain. As technological advancements boomed across the globe, companies started using procurement technologies and purchasing tools to help automate processes and increase profit margins. As the internet and e-commerce grew in popularity, Procurement functions were transferred to email and websites. While it served its purpose, it was riddled with inefficiencies and proved to be incredibly time-consuming.

Before the advent of e-procurement software, a company’s procurement was usually handled on paper.

Coupa e procurement