BirchStreet Systems: Vendor Snapshot (Part 1) — Background and Solution Overview [PRO]

services sector Viacheslav Lakobchuk/Adobe Stock

While BirchStreet Systems, a 16-year-old provider of purchase-to-pay solutions, is best known as a provider with deep expertise in the hospitality industry, followers of Spend Matters SolutionMap know the company offers more than just vertical-specific functionality. In fact, based on its performance in the Q4 2018 E-Procurement and Procure-to-Pay SolutionMaps, BirchStreet consistently holds its own, from a feature/function perspective, with other solutions taking a more horizontal approach, including SAP AribaCoupaDetermineGEP, Ivalua, Jaggaer, SynerTrade and Zycus.

This Spend Matters PRO Vendor Snapshot provides an overview of the BirchStreet Systems, along with facts and expert analysis to help buying organizations evaluate the vendor. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations might want to consider BirchStreet. The rest of this multipart research brief will cover product strengths and weaknesses, competitors and SWOT analysis, user selection guides, insider evaluation and selection considerations.

Supply Chain Risk – Cyber Risk in Perspective

We have several new briefing papers to bring you in the early part of this year, written by Peter Smith. Today, we’re delighted to bring you a paper sponsored by riskmethods, who provide a leading supply chain risk management platform that helps users manage risks and provides real-time risk alerts to enable organisations to handle risk events better. Our short paper is titled “Cyber Attack – What It Is and Why You Should Care”. We wrote five short briefing papers back in 2017/18 with the firm, covering geo-political risk, man-made risks (strikes, etc), reputational risk, supplier financial risk and natural disasters. These are still available: The Most Effective Ways to Mitigate Supplier Financial Risk Corporate Image & Compliance at Risk: How to Mitigate the Hidden Risks Lurking in Your Supply Chain Natural Disasters – How to Mitigate Unavoidable Risks Man-Made" Risk - Different Risks Require Thoughtful Strategies Geo-political Risk - [...]