A procurement platform is an online marketplace where supply and demand for products or services come together. It can be products like Amazon, or services like Airbnb. There are various types of procurement platforms, both in the B2C and B2B markets.
It is not without reason that so many of these platforms exist. This is because procurement platforms bring enormous opportunities.
Vendors can enter new markets quickly and easily through a digital platform. Buyers can easily find all kinds of products and/or services in one platform. The entire procurement process is done in one place.