Procurement as a Service (Paas) is the outsourced procurement model that takes care of the organization’s procurement functions. The key element of procurement as services includes the service layer, technology layer, intelligence analytics, and compliance risk management. The Paas model offers various benefits for organizations such as helps to organizations with the selection of categories for sourcing and for handle the procurement arrangement of this category Paas assigns the category expert. It also helps processes such as supplier management to become proactive, and strategic sourcing to become predictive, it reduces the cost of operations. The Paas model provides flexibility and greater value for organizations. Therefore, it becomes common for all sizes of businesses to do their strategic and transactional procurement activities. Moreover, strategic procurement organizations are demanded integrated suites that contain sourcing, contract management, supplier management, and proactive risk management.
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Market Overview Coverage:
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
“The Procurement as a Service (PaaS) Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.”
Leading companies reviewed in the Procurement as a Service (PaaS) Market report are:
IBM,WNS,Infosys,Accenture,HCL Technologies,Capgemini,Proxima,Wipro,Genpact,GEP,Xchanging (DXC Technology),Aegis,CA Technologies,Corbus,TCS
In market segmentation by Product Type, Procurement as a Service (PaaS) Market report covers:
Strategic Sourcing,Spend Management,Category Management,Process Management,Contract Management/Transactions Management
In market segmentation by Industry Vertical, Procurement as a Service (PaaS) Market report covers:
Manufacturing,BFSI,Retail Consumer Goods,IT Telecom,Energy Utilities/Healthcare
Report Coverage:
Attribute | Report Details |
Market Size | |
Growth Rate | |
Key Companies | |
Report Coverage | Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… |
Historical Data Period | 2016-2020 |
Base Year | 2021 |
Forecast Period | 2022-2028 |
Region Scope | North America, Europe, Asia-Pacific, South America, Middle East Africa |
Country Scope | United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc. Saudi Arabia, UAE, Egypt, Nigeria and South Africa |
· A complete analysis of the market, including the parent industry
· Important market dynamics and trends
· Market segmentation
· Historical, current, and projected size of the market based on value and volume
· Market shares and strategies of key players
· Recommendations to companies for strengthening their foothold in the market
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