Not so, says Temkin. Ultimately, companies can potentially move a larger portion of their direct spending more quickly. Purchasing agents are slowly but surely rolling Web procurement through their organizations. But respondents also said difficulties in integrating procurement platforms with legacy systems and a lack of data standards are slowing deployments. The first wave of buying through a browser was fairly easy.
Companies also appear to be lowering their expectations.
Sticking to the basics. Further, only 15 percent of respondents participated in online auctions and only 23 percent bought via an online marketplace. They apply it to current practices before they adopt new ones. The change that comes easiest comes the quickest. But it's a start.