Spend Matters 50/50: EcoVadis – 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 EcoVadis.

"Spend Matters finds EcoVadis interesting because of its strong certification process, its robust data model, the many-to-many scalability where buyers gain broader insights and benchmarks and suppliers derive significant savings in staying compliant as well as gain business upside via exposure to EcoVadis' clients."

And you can read far more detail on our US colleagues' thoughts here. The firm is French in origin, and has offices there, in the UK and Belgium, as well as the US, so Europe is obviously a strong region for Ecovadis. Businesses such as TNT, Heineken and Société Générale get mentioned in their material as clients, so clearly they're working with some European (and global) giants. I don't have much personal experience to add, but I've seen and heard their people around, at conferences and so on, and they always seem sensible - another business we need to get to know better this side of the Atlantic!

 

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