https://s3h.com/tags/vendor-management/ Recent content in Vendor Management on S3H.com Hugo en-us Wed, 10 Sep 2025 00:00:00 +0000 https://s3h.com/2025/09/10/enterprise-software-procurement-is-broken-and-everyone-knows-it/ Wed, 10 Sep 2025 00:00:00 +0000 https://s3h.com/2025/09/10/enterprise-software-procurement-is-broken-and-everyone-knows-it/ <p>Enterprise software procurement moves at a pace that the software it is trying to purchase has long since left behind. The average procurement cycle for a mid-market enterprise software purchase — from initial vendor identification to signed contract — runs between four and nine months. The software category the procurement team is evaluating will have shipped multiple major releases during that period. The requirements documentation that anchored the evaluation will have drifted from what the business actually needs. The vendor selected may have been acquired.</p>