Summary: In a networked world, it’s inevitable that sourcing and spend management must move to the cloud to take advantage of real-time connection across a rapidly changing supply chain.
If the future is a networked world, then we may well find that the future belongs to sourcing vendors. No other category of vendors has had its landscape transformed so fundamentally by the advent of the Web, to the extent that leading vendors such as Concur and Ariba took early decisions to wholly rearchitect their products to become cloud-native, while an entire new breed of cloud vendors have grown up alongside them.
They knew that the only way to tap into the sourcing and spending patterns that were evolving as the world went online was to become cloud-native. In the process of adapting to this connected, always-on, and now increasingly mobile environment, they have moved further and faster than most other categories of enterprise software vendor.
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From: SC Management