In Case You Missed It … P2P Market Roundup

We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we should bring to your attention, and some of our own you may have missed - we'll have more from our analysts in the coming days  ... 50 To Know and 50 To Watch Launched Spend Matters recently launched its celebrated ‘50 Providers To Watch’ and ‘50 Providers To Know’ lists. Every now and again a provider makes the leap from ‘to watch’ to ‘to know.’ That leap signals they are not only bringing innovation into procurement but leading the way in how we do business for the better. We mentioned Sovos last week; today it’s all about Apex Analytix. How APEX Analytix is Helping Transform Supplier Management 4C Associates Launches Savings Accelerator Last year European procurement consultancy, 4C Associates, soft launched a new service to [...]

Sourceit: Vendor Introduction, Analysis and SWOT [PRO]

Marketing procurement can be a touchy subject for businesses. This critical category can make or break a company’s ability to attract new customers, yet it is rarely managed in an efficient, effective manner — at least as a procurement professional would define it.

Within most businesses, marketing procurement is plagued by poor corporate governance, uncompetitive sourcing practices and unfocused project management, frequently leading to cost overruns and delivery delays. This in turn leads to a strained relationship between marketing departments and their peers in procurement, who find it difficult to overcome their seemingly incompatible goals. The problem is so bad and so distinct to this particular category that it practically begs for a niche technology solution to address it.

This is precisely the inspiration behind Sourceit, a four-year-old provider of sourcing and e-procurement tools for marketing services. Born out of a homegrown print sourcing solution at Finsbury Green, an Australian printer and managed services provider, Sourceit market and catalog offers a targeted set of capabilities that illustrate a deep understanding of the common hurdles of marketing procurement as it applies to print technology. The technology was spun out of Finsbury Green in 2015 as a standalone SaaS platform, then over the past four years has expanded from Australia into the UK, Canada, Brazil and, as of 2017, the U.S., under a reseller model in each market.

This Spend Matters PRO Vendor Introduction offers a candid take on Sourceit's capabilities. The brief includes an overview of “sourceit market” and “sourceit catalog” applications, a breakdown of what is comparatively good (and not so good) about the solution, a SWOT analysis and a selection requirements checklist for companies that might consider the provider.