Small and medium-sized businesses (SMBs) often face challenges when it comes to implementing and using existing procurement solutions. Some of the main reasons why SMBs may not use existing procurement solutions include constraints on resources, knowledge and expertise, and budget. 

Lack of resources: According to a survey by the National Small Business Association, 42% of SMBs reported that a lack of resources was a major obstacle to implementing procurement solutions. SMBs often have limited resources in terms of personnel, time, and money, which makes it difficult for them to implement and maintain procurement solutions.  

Lack of knowledge and expertise: According to a survey by the National Small Business Association, 33% of SMBs reported that a lack of knowledge and expertise was a major obstacle to implementing procurement solutions. SMBs may not have the in-house expertise or knowledge to effectively implement and use procurement solutions that are technically complex, which can make it difficult for them to fully realize the benefits of these solutions.  

Lack of budget: According to a survey by the National Small Business Association, 30% of SMBs reported that a lack of budget was a major obstacle to implementing procurement solutions. Procurement solutions can be expensive, and SMBs may not have the financial resources to invest in these solutions.  

User stories: One small business owner reported that they were unable to use existing procurement solutions due to a lack of resources. They stated that "we simply don't have the personnel or time to properly implement and maintain a procurement solution, so we have to rely on manual processes." 

Another small business owner reported that they were unable to use existing procurement solutions due to a lack of budget. They stated that "the cost of procurement solutions is just too high for our small business, and we can't justify the expense." 

A third small business owner reported that they were unable to use existing procurement solutions due to a lack of knowledge and expertise. They stated that "we don't have the in-house expertise or knowledge to effectively implement and use a procurement solution, so we have to rely on manual processes." 

In conclusion, due to the various constraints on them, it's important for SMBs to carefully evaluate their specific needs and requirements and identify solutions that are tailored to their specific challenges. 

FactWise S2P has been built for global small and mid-sized product manufacturing companies, and with a strong focus on the end user – our current users love how it simplifies complex processes into intuitive workflows that do not require trainings, and also allows easy customizations on the go. A full, integrated suite of procurement products offered at a fraction of the cost of its competitors, FactWise is entirely self-serve: individuals and teams can onboard themselves to FactWise with their data immediately at no cost, and if required, we can seamlessly integrate with ERP or other systems within a couple of weeks.