Title: Procurement as-a-Service Market to Grow at a CAGR of 6.4% to reach US$ 4,741.1 million from 2020 to 2027 - PowerPoint PPT Presentation

Description: The procurement-as-a-service market expected to grow from US$ 3,065.0 million in 2020 to US$ 4,741.1 million by 2027; it is estimated to grow at a CAGR of 6.4% from 2020 to 2027. Increasing demand from enterprises to streamline the procurement processes is attributing to the growth of the procurement-as-a-service market. Procurement is one of the most important and complex business processes in the both SMEs as well as large enterprises, as this business function is responsible for various day-to-day operations of the enterprises. Procurement are of 2 types, including, direct and indirect procurement. – PowerPoint PPT presentation