Objectives and risks: Identify your control objectives and the specific risks you may face. The purchasing or procurement system should address these risks and align with your overall goals.
Compliance requirements: Consider relevant laws, regulations, and industry standards that apply to your business. The internal purchasing or procurement system should support your  compliance efforts and enable accurate reporting.
Scalability and flexibility: Assess whether the purchasing or control system can accommodate your current size and future growth. It should be adaptable to changes in your processes, technological advancements, and regulatory landscapes.
Cost-effectiveness: Evaluate the cost-benefit ratio of implementing the purchasing or procurement system. Consider solutions that offer rapid deployment times to fast-track  time-to-value and a return on investment.
Integration and automation: Determine how well the purchasing or procurement system integrates with your existing processes and systems. Automation will streamline operations, improve efficiency, and enhance the reliability of controls.
User-friendliness and training: Consider the ease of use and the learning curve associated with the purchasing or procurement system. It should be intuitive, easy-to-use,  accessible, and offer product tutorials and support.
Vendor reputation and support: Research the reputation, track record, and customer support of the purchasing or procurement system vendor. Select a reputable vendor with a proven track record of delivering reliable and secure solutions.