Hail to the Value Leaders: Saluting SolutionMap’s Best Performers in Q3 2018
09/06/2018
The coveted top-right corner of each SolutionMap represents the best performers in each procurement software category. Labeled as Value Leaders, these companies demonstrate the best balance of customer satisfaction and technical capability as judged by the Spend Matters analyst team.
For the Q3 2018 SolutionMap, released Tuesday with newly added vendors and debut maps for Contingent Workforce and Services, the Value Leaders are:
Agiloft |
Allocation |
AnyData Solutions |
Apex Analytix |
Aquiire |
Basware |
Beeline |
Birchstreet |
BuyerQuest |
ConnXus |
Coupa |
DCR Workforce |
Determine |
EC Sourcing |
FieldNation |
HICX |
Icertis |
Ivalua |
Jaggaer Advantage |
Jaggaer Indirect |
Keelvar |
Market Dojo |
Opus |
OpusCapita |
SAP Ariba |
Scanmarket |
Sievo |
Simfoni |
SirionLabs |
SpendHQ |
SynerTrade |
TalentNet |
TalonFMS |
Upwork Enterprise |
Vndly |
Vroozi |
wescale |
WorkMarket (ADP) |
Zycus |
We’ve picked out fast facts about a few Q3 Value Leaders from different solution categories. What makes them great? Check out their profiles below to find out.
DCR Workforce — A recognizable name in the Contingent Workforce and Services (CW/S) solutions segment, DCR Workforce is a top performer in the category of Temp Staffing. Debuting alongside the rest of the CW/S participants, DCR provides a vendor management system (VMS) known for its application of new technology. Overall, DCR’s solution and services/support capabilities not only make it a fit for very large enterprises but also for mid-sized organizations, on account of its usability and modularity. The platform was acquired by Coupa earlier this week.
Sievo — Founded in Helsinki, Sievo is a standalone spend analytics platform that specializes in supporting closed-loop spend/savings planning and control, including the ability to include market price indexes and budgeting and forecasting tools to project savings opportunities and to track spend against contract data. Unique features include a supplier web upload service that allows line item-level data to be collected from key suppliers where only header or total data is available. Sievo achieved best-fit status in all Spend Analytics SolutionMap personas: Nimble, Deep, Turn-Key, Configurator and CIO-Friendly.
Basware — Basware is a recognized provider in the e-invoicing and accounts payable automation market segments (primarily in Europe), in which it has strong capabilities and flexibility to configure its solution for small, middle-market and large organizations. The company’s latest investments suggest that we will see it become more active in other parts of the world outside of the European sector. Through its Verian acquisition, Basware improved its reach and capabilities — especially for e-procurement — in North America. It is likely that Basware will be appearing in an increasing number of “full suite” and P2P opportunities globally given its new, integrated strategic procurement technology capabilities.
Icertis — Icertis is a clear solution leader in most of the contract lifecycle management (CLM) personas evaluated, and it is a true enterprise CLM platform (not just an app) for organizations to extend into numerous adjacent areas such as supplier management and risk/compliance. Now with native e-RFX capabilities, the solution is a best fit for large organizations that are looking for an extremely deep and eminently flexible enterprise CLM platform that can also support strong buy-side requirements. Because of its strong technical architecture (based on Microsoft Azure), Icertis easily meets most organizations’ requirements.
Beeline — One of the top two players in terms of market share, scope/depth of functionality, global footprint and depth of industry experience, Beeline is also one of the few CW/S technology players with integrated offerings across the Temp Staffing, Contract Services/ SOW and Independent Contract Worker SolutionMap categories. Beeline’s enterprise-grade Temp Staffing e-procurement and Contract Services/SOW source-to-pay functionality make it suitable for even the largest of organizations. Based on its analyst and customer scoring, Beeline is a recommended fit for both the Deep and Nimble SolutionMap personas.
Head to https://spendmatters.com/solutionmap/ to learn about the rest of the value leaders in Q3 2018, and be sure to peruse the brand-new SolutionMap rankings in across the Contingent Workforce and Services spectrum!