Spend Matters 50/50: Enrich – A Provider to Know 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 Enrich:

"Enrich's core product is Oracle's E-Business Suite (EBS) that it makes available in either on-premise (if you must) or SaaS delivery. The latter part is the big differentiator for Enrich, making EBS available in a cloud package with all the benefits and licensing simplifications it enables. The EBS solution covers spend visibility, sourcing, buying, supplier management and procurement analytics. A major Enrich differentiator is its pre-configured or pre-templated EBS option that has many of the various configuration work that all Oracle clients have to do already complete. This is what permits Enrich clients to be up and running in EBS in a short period of time."

You can read more about what our US colleagues have to say here.  In European terms, Enrich was actually formed when a US tech firm (EnrichIT) merged with a largely UK based consulting firm, e-Three, who also worked around the Oracle procurement environment. So certainly on the more consulting and services side of things, there is still a strong UK focus and many of the key eThree people are still in the firm and based in London. If you are looking to get more out of your Oracle procurement installation, then a discussion with Enrich is a good choice in terms of seeing how additional products or services might improve that return.

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