Procurement As A Service Definition
Procurement as a Service (PaaS) is a cloud-based model that enables enterprises to outsource their procurement processes and operations to a third-party provider. PaaS can help organizations improve their procurement performance by providing access to best-in-class technology, processes, and expertise.
PaaS can be delivered in a number of ways, including on-premise, off-premise, or via a hybrid model. Enterprises can choose the delivery model that best meets their needs.
On-premise PaaS: In this model, the PaaS provider delivers the solution to the customer’s premises. The customer is responsible for managing and maintaining the solution.
Off-premise PaaS: In this model, the PaaS provider delivers the solution from their own premises. The customer does not need to manage or maintain the solution.
Hybrid PaaS: In this model, the PaaS provider delivers the solution via a mix of on-premise and off-premise models. This allows enterprises to tailor the solution to their specific needs.
