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Spend Matters today released its Q1 2018 SolutionMap, ranking 40 procurement technology providers across nine different solution categories — including an end-to-end view of Source-to-Pay (S2P) providers and their capabilities for the very first time.
Begin exploring provider rankings now for free — visit the SolutionMap homepage.
What’s New This Quarter
- New providers have been added, such as Oracle, OpusCapita, SynerTrade and Yooz. For full access to the list of all participating providers, their scoring summaries and more, learn how to become a SolutionMap Insider.
- Q1 2018 marks the first release for a Source-to-Pay SolutionMap “view,” which includes updated analyst scoring and new customer reference data for some of the providers participating in this inaugural suite view.
Much deeper detail and analysis on this quarter’s SolutionMap in the following analyst briefs (paywall):
- Q1 2018 SolutionMap Release Notes: E-Procurement, Invoice-to-Pay and Procure-to-Pay
- Q1 2018 SolutionMap Release Notes: Sourcing, Spend Analytics, SRM, CLM and Strategic Procurement Technology Suites
- Q1 2018 SolutionMap Release Notes: Source-to-Pay (S2P)
What Is Spend Matters SolutionMap, and How Do I Use It? Here’s a Primer
Each SolutionMap:
- Ranks a technology within the procurement and supply chain spectrum
- Consists of equal parts customer and analyst input
- Reflects specific organizational needs through ‘buying personas’
- Is updated quarterly to show market developments
The goal is to equip the user with a comprehensive roadmap to track market developments, assess provider capabilities based on organizational needs, and identify best-fit provider shortlists.
When you arrive at the SolutionMap℠ home page (pictured above), you will be able to:
- Choose a technology category
- Select your Persona
- View SolutionMap provider rankings
You’ll also be able to learn about each solution category and persona definition in detail, as well as read up on the Spend Matters analyst team’s methodology, before seeing how this quarter’s participating providers performed across nine different technology solution categories.
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