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What’s Trending In Procurement And Supply Market Information And Research Offerings (Cottrill Research)

This content was originally posted on the Cottrill Research blog.

The advancement of technology is pushing us forward and allowing for more laser-focused insights, obtained more quickly and efficiently while utilizing greater volumes of data brought in from varying sources.

The notable growth in the upgrades and offerings covering contract management and negative company event detection remind us, even in this age of digital transformation, that traditional areas of concern for procurement, such as risk management, contract adherence, and supplier diligence continue to be highly critical.

What’s especially interesting is to follow the various strategic directions taken by information vendors as they update their offerings. Regardless of how the data is used it all comes back to the unforgiving importance of utilizing quality data. Quality data quickly turns into poor data if it is not either purged or updated continually.

With that understanding, the supply market intelligence information and research resources listings in ProcureSearch have just been updated. Our review process revealed a few trends we feel are worth additional consideration. ProcureSearch’s coverage focuses on third party content providers and excludes offerings from broader supplier and procurement management providers.

Click here to read the rest of the article.

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