What are the benefits of procurement software in a growing business setup?

I’ve been exploring tools that can help automate purchasing and vendor-related tasks. I keep hearing about the benefits of procurement software, especially for businesses that are scaling. I want to understand how it helps in streamlining operations, reducing errors, or improving vendor management. If anyone here has practical experience using one, what kind of changes did you notice? Is it worth the switch from spreadsheets?

Procurement software is a critical tool for growing businesses, as it transforms manual, fragmented processes into automated, data-driven workflows. By reducing costs, improving efficiency, and enhancing scalability, it enables businesses to focus on strategic growth while maintaining control over their supply chains and spending. As operations expand, the software’s adaptability and analytical capabilities become even more valuable for staying competitive and agile in dynamic markets.