Spend Matters 50/50: Directworks – A Provider To Watch in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about DirectWorks.

"Directworks is not 'just another' strategic sourcing tool, the company has spent over 10 years wading knee-deep into the complexities of sourcing on the direct side, and is pulling this off successfully with its many manufacturing clients. There is, of course, nothing to prevent you from using their solution for indirect sourcing, too - after all, a good portion of the top leadership came from FreeMarkets (now Ariba/SAP) ...

Spend Matters has been impressed with Directworks since its Co-eXprise days. Thankfully the company name was changed to the far snappier Directworks 2 years ago. Directworks also offers strong IP and data protection as part of their solution."

So what can we add with a European aspect to that? Not a lot I'm afraid. We don't have much experience of the firm this side of the Atlantic. Maybe that is because there isn't much manufacturing left in the UK - that being Directworks' core business. The firm also does not appear to have a European office, so we'll mark them down as another one for the future in terms of business "over here"!

You can read more detail in the US post from our colleagues here.

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