Spend Matters 50/50: IBX/Capgemini – 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 IBX/Capgemini:

"From its early days, mainly improving on ERP installations, the company has since developed substantial technology of its own, so strong in fact that many ERP procurement modules can be replaced by IBX solutions. The requisition-to-PO-to-invoice process for example is entirely managed by IBX's solution and so is content management and user layers, with clear synergies from Capgemini's deep understanding of tax rules around the globe helping its P2P solution."

You can read more about what our US colleagues have to say here. In terms of Europe, IBX was founded in Sweden, so its European roots and client base are still strong, particularly with large, blue-chip clients. Cap Gemini is of course a French headquartered and listed technology and BPO giant, so all in all this is a powerful European player, even if the firm has a somewhat lower profile than you might expect in the UK specifically.

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