SolutionMap Supplier Management Premium Content

Aravo: What Makes It Great (Supplier Management SolutionMap Analysis)

Aravo is both a pioneer and a survivor. Not only was Aravo the first specialized supplier management software provider to deliver unique capabilities outside of previously established procurement and GRC solution areas, it also emerged, over a decade, as a leader in the new space it carved out itself.

Today Aravo has a strong focus on targeted supplier management technology areas, including third-party risk management, anti-bribery and corruption, data security and privacy, and responsible sourcing. As the Spend Matters Q2 2018 Supplier Management SolutionMap illustrates, Aravo delivers above-the-benchmark functional capability across these and dozens of other key supplier management requirements. Its SolutionMap performance provides compelling evidence that the provider is a must-shortlist candidate for the majority of supplier management buying scenarios.

“What Makes It Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief offers quick facts on the provider, describes where it excels, provides hard data on where it beats the SolutionMap benchmark and concludes with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider it.

ConnXus: What Makes It Great (Supplier Management SolutionMap Analysis)

Editor’s note: This “What Makes it Great” column is normally reserved for SolutionMap Insider Subscribers, but ConnXus has generously agreed to support access for readers who are not yet members.  

Supplier management technology has traditionally been a bit like Beaujolais nouveau: developed quickly (in certain cases on an ad hoc basis to meet specific needs) but not necessarily prone to aging well. ConnXus, a relatively recent entrant on the supplier management and supplier diversity scene (see our three-part Vendor Snapshot on the provider here, here and here), is a case in point, rapidly eclipsing previous generation solutions.

ConnXus’ recent Q2 2018 SolutionMap performance provides compelling evidence that it sets the standard not only for what to expect in a modern supplier diversity solution but also what organizations should look for overall when searching for a Nimble supplier management technology provider. Join us in exploring what make ConnXus great, based on the latest functional and customer SolutionMap benchmarks from Q2 2018.

“What Makes it Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief explains how the provider excels and where it beats the SolutionMap benchmark, concluding with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider the vendor.

SynerTrade: What Makes It Great (Supplier Management SolutionMap Analysis)

SynerTrade is actively driving awareness of its brand beyond continental Europe, where it has a base of hundreds of customers. Yet the source-to-pay suite provider is already equipped to compete on the world procurement technology stage.

Out of the 45 participants in Spend Matters SolutionMaps for Q2 2018, SynerTrade is one of only five providers that make all 10 recommended personas for strategic procurement technologies and source-to-pay suites. One area in particular where SynerTrade differentiates itself is in the increasingly critical supplier management area, which the provider uses to unite each component of its suite.

“What Makes it Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief explains how the provider excels and where it beats the SolutionMap benchmark, concluding with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider the vendor.