Insights

On-premises vs. cloud: A procurement pro’s guide to choosing the right technology

Jonathan Colehower, Managing Director, UST Global Supply Chain

How do you choose the right procurement software? Read this guide about cloud vs. on-premises procurement technology.

Jonathan Colehower, Managing Director, UST Global Supply Chain

Technology has become a strategic enabler in today’s fast-changing procurement landscape, empowering businesses to make critical decisions quickly and precisely. As organizations transition from on-premises to cloud-based solutions, particularly Software-as-a-Service (SaaS) procurement, they unlock opportunities to integrate emerging technologies like artificial intelligence (AI), Generative AI (GenAI), automation, and machine learning. These advancements streamline procurement processes and elevate procurement to a more strategic role, fostering smarter decision-making, stronger supplier relationships, and greater business agility.

In this blog, we’ll explore the benefits and challenges of on-premises vs. cloud procurement, key considerations in choosing the right solution, and how SaaS is shaping the future of procurement.

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Understanding on-premises and cloud computing

Understanding the distinctions between on-premises and cloud computing is essential for organizations evaluating their IT infrastructure options.

What is on-premises computing?

On-premises procurement architectures provide businesses complete control over their data, security, and procurement processes by hosting all assets within the organization’s physical infrastructure, such as internal servers and computers. This setup ensures total custody of the systems but places the responsibility for installations, upgrades, configurations, security, and maintenance entirely on the organization.

Advantages of on-premises computing

Disadvantages of on-premises computing

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What is cloud computing?

Cloud computing refers to delivering computing services—such as storage, processing power, and software—over the internet. Rather than relying on local servers or personal devices, organizations can access and manage these services through cloud providers on a pay-as-you-go or subscription basis. Cloud computing offers flexibility, scalability, and cost-efficiency, allowing businesses to scale resources up or down based on demand while minimizing upfront costs associated with infrastructure, implementation, and integration. Services are typically hosted in data centers, making them accessible virtually anywhere with an internet connection.

Advantages of cloud computing

Disadvantages of cloud computing

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Key differences between on-premises and cloud computing

While both on-premises and cloud computing serve the same fundamental purpose, they differ in deployment, management, and control:

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Factors to consider when evaluating on-premises vs. cloud procurement solutions

When evaluating on-premises vs. cloud procurement solutions, companies should consider the following:

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Managing the transition to cloud-based procurement

The global SaaS market is projected to reach $1.2 trillion by 2032, growing at a CAGR of 18.4% from 2024 to 2032. Procurement software, which held the fifth-largest share of the global SaaS market in 2019, reflects a strong shift toward cloud-based solutions.

This transition to SaaS procurement aligns with the broader trend of cloud adoption, driven by vertical cloud platforms like SaaS that address industry-specific needs. SaaS procurement enables organizations to outsource procurement processes to providers offering software and services on demand. This subscription-based model eliminates the need for on-premises systems and infrastructure management.

SaaS procurement delivers many benefits, including cost efficiency, scalability, flexibility, enhanced security, and improved collaboration. It empowers businesses to stay agile, quickly adopt new features, and scale as needed, with continuous updates provided by service providers.

For more insights into how SaaS is reshaping procurement, including the challenges and opportunities it presents, a whitepaper by UST offers valuable insights. It also provides guidance on implementing a practical SaaS management framework. Read the full whitepaper here to explore the future of SaaS procurement.

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Procurement’s role in driving SaaS adoption

The shift to SaaS procurement is a strategic move that streamlines processes and positions procurement as a forward-thinking, value-driven function. By leveraging the cloud, organizations can integrate emerging technologies like AI, GenAI, machine learning, and automation, driving smarter supplier management, enhanced demand forecasting, and data-driven decision-making. SaaS procurement provides a flexible foundation for these technologies, enabling businesses to scale, adopt updates continuously, and remain competitive—all without significant infrastructure changes.

As businesses adopt SaaS procurement, they foster innovation and align procurement with broader organizational goals, ensuring long-term success. This cloud-based transformation empowers companies to make proactive, data-backed decisions and strengthen supplier relationships, positioning procurement at the heart of strategic growth.

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Conclusion

Choosing between on-premises and cloud solutions depends on an organization’s needs. On-premises offer control and security but have high upfront costs and scalability challenges. Cloud computing provides flexibility and scalability but raises concerns about data security and ongoing expenses.

The shift to SaaS highlights the benefits of cloud solutions, enabling organizations to leverage transformative technologies. SaaS streamlines processes improves decision-making and aligns procurement with broader business goals. The future of procurement is cloud-based, with SaaS leading the way.

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Resources

https://www.ust.com/en/insights/ust-helped-uk-based-food-services-leader-streamline-operations-with-automated-inventory-management-solution

https://www.ust.com/en/insights/ust-helped-global-conglomerate-transform-mission-critical-application-to-operate-at-scale

https://www.ust.com/en/insights/how-to-reduce-complexity-in-the-retail-supply-chain