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Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement

Global leaders are emerging in the procure to pay (P2P) suite market as it begins to mature. Procurement, IT and supply chain leaders can use this report to assess the top solution vendors competing in the global market.

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Procure-to-pay suites for indirect procurement are a set of integrated solutions that support transactional procurement. The market for transactional procurement solutions was created during the second half of the 1990s, when specialist catalog management and e-procurement solutions (combining e-purchasing and basic catalog management) emerged. More recently, e-invoicing and Accounts Payable Invoice Automation (APIA) have been added to several suites to form procure-topay suites.


 

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