Corporate interest in ePurchasing tools has generally remained strong in spite of the global recession, even as sales of most other enterprise and supply chain software categories have fallen.
 
That’s among the findings of a recent research report from Forrester analysts, who forecast 3% growth in the ePurchasing software market this year

“In 2009, Forrester forecasts that the ePurchasing market will continue to grow, even as many of the other enterprise application areas slip into negative territory,” they say. “This continued success, at a time when software purchases across the board are way down, is strong evidence of the tangible value these solutions bring to the table.”
 
Indeed, as many companies look to aggressively cut costs in the face of top-line pressures, the often rapid payback and “time to value” in ePurchasing tools make them stand out in a slow economy.

This entry was posted on Thursday, September 17th, 2009 at 12:03 pm and is filed under E-procurement News, Industry Research, News, Procurement News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.