Bonfire: Vendor Analysis (Part 3) — Summary and Competitive Analysis

Bonfire is one of our most anticipated new participants in Spend Matters Q2 2018 Sourcing SolutionMap. Based on what we have covered in this deep dive analysis of Bonfire thus far, we suspect that the provider will personify many of the requirements of the Nimble persona, providing a compelling functional alternative to top-ranked Value Leaders including Scout RFP, Coupa, EC Sourcing, Keelver and Market Dojo (not to mention Nimble Solution Leaders including Ivalua, Zycus, Scanmarket and SynerTrade, as well as Nimble Customer leader SAP Ariba).

This third and final installment of this Spend Matters Vendor Snapshot covering Bonfire provides an objective SWOT analysis of the provider and offers a competitive segmentation analysis and comparison. It also includes recommended shortlist candidates as alternative vendors to Bonfire and offers provider selection guidance. Finally, it provides a summary analysis and recommendations for companies considering the vendor. Part 1 provided an in-depth look at Bonfire as a technology provider and its specific solutions. Part 2 gave a detailed analysis of solution strengths and weaknesses and a review of the product’s user experience.