Procurement Software is business software that is used in organizations to make purchasing functions automatic. Some of the other roles of a procurement software include selecting and ordering a product or a service, handling payment of bills electronically, receiving an invoice and matching it with its order, and making it possible for a procurement department to see all the ordered things. Procurement software have different features such as receiving of goods or services and being able to keep a physical record of goods, sending an automated list of items that are supposed to be purchased by a vendor, setting of finances by creating transactions that are financially related when goods are received, and automated vendor follow up that helps in sending reminders to vendors to confirm their orders. Businesses are beginning to know the importance of procurement software such as the transparency in tracking of transactions, increasing in the productivity and being able to control the business, giving a greater visibility, helps in getting rid of complex manual steps, being able to access all the contracts that are available from a central place, reduction of costs, elimination of paperwork, reduction of errors, increased speed in transactions, and purchasing steps standard.