In the next 6 months, which will your company do?

Maybe another interesting question would be: eCommerce with or without GenerativeAI? 

ERP solutions are primarily developed to securely store sensitive data within your organization's firewall. This data is fundamental to your internal operations and back-office functions. In contrast, cloud solutions are designed not only for internal use but also to facilitate collaboration with external stakeholders, enhancing core business functions.

Procurement SaaS solutions, are specifically crafted to streamline the entire procurement process. This includes everything from identifying vendors and soliciting quotes/proposals to contract management and overseeing the entire lifecycle of contracts, all while focusing on achieving business objectives and mitigating risks.

Different industries have unique requirements and controls. For instance, industries like mining and heavy assets face challenges in integrating plant maintenance and direct procurement. The optimal approach often involves integrating ERP systems with specialized procurement SaaS solutions to handle complex end-to-end processes effectively. 

Some of the best solutions also offer benchmarks that you can measure yourself against. Our customers find this very helpful.