Digitalization in procurement is the process of using digital technologies to improve the efficiency and effectiveness of the procurement process. It is a way to reduce costs, increase speed, and increase accuracy. Digitalization in procurement includes the use of digital tools such as e-procurement, digital marketplaces, and automated purchasing systems. These tools help to streamline the procurement process by providing a single source of information, eliminating manual processes, and automating routine tasks. Additionally, digitalization in procurement can provide visibility into the entire procurement process, from sourcing to payment, and can help to ensure compliance with regulations and standards. By using digital tools, companies can improve their efficiency and accuracy, reduce costs, and improve the customer experience. Digitalization in procurement is an essential part of any modern business and is becoming increasingly important as companies strive to remain competitive in today’s digital world.