Build vs Buy: Making The Case for Off-The-Shelf Procurement Software

In any organisation with a sizeable IT function, making a case for software investment to help transform procurement and finance processes inevitably needs to address the question of whether to build that software in-house or to use a commercial off-the-shelf (COTS) system.

This white paper presents the case for best-practice COTS software adoption, look into the question of why procurement executives should recommend COTS software over home-grown solutions, highlighting the business benefits, including:

  • Easier, faster to implement and highly flexible
  • Lower initial costs
  • Future proofed, with updates deployed regularly
  • Lower overall risk
  • Less reliance on IT resource availability
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