The most important metric for driving e-procurement return on investment is ‘spend under management’.

So what do the Gartner report findings mean when it comes to getting the most from your investment?

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The Gartner e-Procurement Market & Vendor Landscape report also features market observations by leading analysts, Deborah R Wilson and Nigel Rayner.

e-Procurement solutions can deliver 100% savings by halting and/or redirecting unnecessary expenditures

A final observation about the e-Procurement market is the increasing desire of prospective buyers to favour vendors that offer related, natively integrated solutions in a broader suite

Notes on Methodology

Vendors were assessed on 11 key elements, compiled from hundreds of e-procurement inquiries with end user clients fielded by Gartner over the past five years. The areas assessed represent the capabilities and attributes prospective buyers request most.

Of more than 60 candidates considered for inclusion, only 32 met the criteria for a full rating in the report, being able to demonstrate the requisite:

• Size
• Growth
• Innovation
• Product ownership
• Punch-out support
• References
• Scope

Qualifying vendors completed a very detailed survey in the spring of 2011 on what features and capabilities they currently offer and from March through July 2011 Gartner conducted reference calls and solicited detailed reference survey input in order to formulate the final report and scores.

Complete this form to download Wax Digital’s summary of the Gartner eProcurement Market & Vendor landscape research report.