Analyzing the 2014 Forrester eProcurement Wave – SAP, Ariba, Coupa, Oracle, and More [PRO]
The 2014 Forrester eProcurement Wave is out (Coupa and Basware have both made free versions of the report available on their sites). In short, Garrison Keillor would be happy with the results. I can almost hear the radio program now: “Welcome to this installment of the Forrester eProcurement Wave … where all the women are strong, all the men are good looking, and all the vendors [at least those who made the cut] are above average.” All vendors listed rank as “Leaders” or “Strong Performers” – no provider falls under the “Contenders” or “Risky Bets” areas of the comparative graphical chart. However, the report is as important for those providers that are not included, as those that are (and their relative comparative rankings). Generally speaking, the Wave appears to be a thoughtful piece of research – albeit one we don’t agree with in every area. But most important, the ratings transparency – readers can see the ratings that led to the conclusions – makes it more useful than Gartner Magic Quadrants, which are more opaque. Spend Matters PRO readers can read our commentary on the report, strategies for eProcurement technology selections, links to more tailored vendor lists / selection strategies and providers for shortlist consideration that Forrester did not include.