BravoSolution: Vendor Analysis (Part 1) — Background and Solution Overview

The procurement technology and solutions market, inclusive of source-to-contract (S2C) and procure-to-pay (P2P) technology segments, is one with a wide degree of choice for customers. Procurement organizations that want to prioritize absolute capability in specific functional areas (modules) or technology innovation (e.g., platform as a service) can have their pick of providers. Organizations that want integrated suite capabilities also have an array of choices, and those that want to prioritize usability and adoption have choices, too.

But if you want a broader combination of these capabilities in a single provider, the choices narrow significantly, especially at the suite level. At the intersection of these requirements is where BravoSolution comes in. This source-to-contract provider that historically has partnered for procure-to-pay capabilities — and will soon have its own P2P solution based on initially integrating and enhancing and ultimately re-platforming Puridiom, a recently acquired asset — excels compared with its peers.

For procurement organizations looking for more advanced, single-suite source-to-contract functional capability from a single provider that includes integrated spend/ procurement analytics with core sourcing, sourcing optimization and both basic and advanced supplier management capabilities, BravoSolution is likely to be a strong shortlist candidate to consider. Today, BravoSolution has limited suite competitors that can closely or fully check the box in these areas. Even fewer still are the competitors that can demonstrate the value of a suite approach by showing the benefits at the intersection of these areas rather than just the modules themselves, while still covering all the other ground it does.

This Spend Matters PRO vendor snapshot provides facts and expert analysis to help buying organizations make informed decisions about BravoSolution’s source-to-contract capability, as well as limited background on its procure-to-pay capabilities and roadmap. Part 1 of our analysis provides a company background and detailed solution overview, as well as a summary recommended fit suggestion for when organizations should consider BravoSolution in the procurement technology area. The rest of this multi-part research brief covers product strengths and weaknesses; competitor and SWOT analysis; user selection guides; and insider evaluation and selection considerations.