The Software-as-a-Service (SaaS) industry is evolving, with companies increasingly prioritizing strategic SaaS investments to drive their digital transformation. As the market continues to evolve, understanding the key buying trends shaping the industry is crucial for both SaaS providers and buyers. In this blog, we’ll look into some of the top SaaS buying trends that are… Continue reading 10 SaaS Buying Trends and Insights to Watch Out in 2024
Category: SaaS Procurement
7 Reasons Why You Should Invest in SaaS Buying Platforms
There are companies that spend months negotiating contracts for a few essential SaaS tools, only to discover post-implementation that some are incompatible with their existing systems. The result? Wasted resources and missed growth opportunities. A hole in their budget is complimentary. With just a simple Google search, you come across alarming statistics about how most… Continue reading 7 Reasons Why You Should Invest in SaaS Buying Platforms
SaaS Buying Chaos: Are You Wasting Time and Money on Software Procurement?
SaaS spending is projected to reach $715 billion by 2028, representing a CAGR of 27.5% between 2021 and 2028. Despite this exponential growth, the SaaS buying and selling process remains outdated. It resembles its 2010 counterpart with its long sales cycle, low conversion rate, and minimal negotiations. If anything, businesses now find it even more… Continue reading SaaS Buying Chaos: Are You Wasting Time and Money on Software Procurement?
SaaS Procurement Management: A Buyer’s Guide
With the speed at which AI is being integrated into software, it would be a bad move if businesses decide to run their operations manually. And considering how quick businesses are to adopt new technologies, the rate of SaaS procurement is only going to go higher. This rapid growth means there will be a lot… Continue reading SaaS Procurement Management: A Buyer’s Guide