Procurement tracking software is a tool used by businesses to manage the procurement process. It helps organizations keep track of the goods and services they need to purchase, from the initial request to the final delivery. It also helps to streamline the process of obtaining quotes, negotiating contracts, and managing supplier relationships. Procurement tracking software allows businesses to easily track the progress of their procurement process, ensuring that they are getting the best value for their money. It also helps to reduce the risk of overspending, as it allows businesses to monitor their spending and identify areas where they can save money. By using procurement tracking software, businesses can save time and money, while ensuring that they are getting the best value for their money.