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New content and enhancements

Learn about new data, insights and products now available with Procurement Plus.

Updated over a month ago

Procurement Plus is the next evolution of ProcurementIQ, now fully integrated into the IBISWorld platform. This update brings a refreshed look, smarter navigation and deeper data insights, all without losing the trusted content you rely on.

Whether you're a long-time user or just getting started, here’s a breakdown of what’s new and what’s changed.

Platform updates: homepage, navigation and resources

Procurement Plus adopts IBISWorld’s branding and layout, but the content remains 100% ProcurementIQ—now enhanced and easier to use.

What’s new on the homepage?

  • Smarter search: Improved keyword recognition and geographic filters make it easier to locate the right reports.

    The search results and filters for “Janitorial services” in the homepage search bar.
  • Watchlist: Bookmark your most-used reports for quick access, adding from the homepage or the right-hand toolbar in any report.

  • Market Overview cards: Visualize trends across all categories we cover, identifying how favorable conditions like low supply chain risk, or unfavorable conditions like high buyer power, extend across the wider market.

  • Market Dashboard: Your new hub for high-level data insights. Filter by category, customize metrics, and download data to CSV. Learn more about the Market Dashboard.

  • Personalized “For You” section: Discover recommended resources, new products and help center articles tailored to your interests.

What’s changing behind the scenes?

ProcurementIQ is now powered by the same backend infrastructure as IBISWorld’s industry intelligence platform. This upgrade brings:

  • Faster performance: Pages load quicker, reports open faster and data filters act quickly to surface the right data in your new Market Dashboard and Occupation Profiles

  • Improved scalability: The new tech stack allows us to expand content and features more rapidly based on user feedback.

  • Future-ready architecture: Enables seamless integration of new data sources that can improve and enhance quantitative metrics and insights moving forward.

Procurement Report enhancements

We’ve made significant upgrades to our US and Canada procurement reports, with a focus on usability, data depth and actionable insights.

All Procurement Reports

  • Streamlined format: Easily jump to the information you need with a table of contents in the left-hand navigation menu.

  • Visual upgrades: Refreshed charts and layout for better readability.

  • New download options: New chart download formats, plus new PDF download options, including single chapter downloads.

United States Procurement Reports

  • More price points: Detailed pricing breakdowns by product/service line.

  • Actionable key takeaways: Expanded insight into key trends, adding depth to the trends and levels previously listed at the top of each chapter.

  • Granular cost structure tables: New line items added, expanding previously broad categories and linking to Price Index Profiles (subject to availability based on PPI coverage).

  • Expanded occupational wage data: Up to 10 occupations listed per report, with direct links to our new Occupation Profiles.

Canada Procurement Reports

  • Better alignment: Spotlight Reports now follow a similar style and format to the US and Europe, offering a more cohesive experience when researching across borders.

  • Annual updates: Reports will be refreshed yearly (previously only by request).

  • New sections added:

    • Buyer Power Score

    • SWOT Analysis

    • Pricing Models

    • Total Cost of Ownership

    • Business Requirements (e.g., RFP elements, KPIs, SLAs)

Note: Canada reports do not include cost structure tables, ESG, imports, or supplier diversity at this time.

Europe Procurement Reports

  • Updated key takeaways and design

  • Country pricing tables retained

  • Excludes: Pricing breakdowns, cost structure enhancements and import data

New data profiles

We’ve expanded our data offerings to provide greater visibility into what drives market changes and price shifts.

Price Index Profiles

  • 1,500+ new US profiles driven by Producer Price Index (PPI) data

  • Monthly and annual data trends

  • Downloadable CSVs

  • Linked directly from cost structure tables and price drivers in Procurement Reports

Read more about Price Index Profiles.

Occupational Profiles

  • 792 new US profiles

  • National, state and metro-level wage data

  • Compare up to three regions side-by-side

  • Linked from procurement reports and searchable from the homepage

Read more about Occupation Profiles.

Business Environment Profiles

  • Formerly known as Price Driver Profiles

  • Refreshed design and expanded coverage (exceeding 200 profiles)

  • Help contextualize external market forces

Need help?

Still have questions? Reach out to your account manager or submit a support request—we’re here to help!

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