SolutionMap Fall 2020 launches, now ranking 77 procurement technology vendors

Grab a comfy sweater and a hot pumpkin spice latte (don’t judge): It’s time for the latest SolutionMap release.

With today’s launch of the free SolutionMap Fall 2020 release, Spend Matters’ analysts have assessed 77 procurement technology vendors, adding 12 providers since our Spring 2020 update.

SolutionMap, which began in 2017, has become the definitive procurement technology benchmark due to the depth of analyst assessments, quantity of real-life customer inputs and frequency of release (twice a year) to accurately reflect vendor capabilities and market developments.

If you’re new to SolutionMap, here are the basics:

Here’s what you need to know about the Fall 2020 release:

SolutionMap category New to SolutionMap or Category Refreshed RFI Data
Sourcing ProcurePort

VORTAL

Bonfire

Coupa

Determine (Corcentric)

EC Sourcing

GEP

Jaggaer ONE (Standard)

Jaggaer ONE (Direct)

K2 Sourcing

Market Dojo

Promena

SAP Ariba

Vendorful

Supplier Relationship Management and Risk (SRM) GraphiteConnect

Kodiak Rating

Promena (new category)

VORTAL

 

APEX Analytix

Coupa

Determine (Corcentric)

GEP

HICX

Jaggaer ONE (Standard)

Jaggaer ONE (Direct)

Procurence

SAP Ariba

State of Flux

Vendorful

Spend and Procurement Analytics Ignite Procurement Coupa

Determine (Corcentric)

GEP

Jaggaer ONE (Standard)

McKinsey (Orpheus)

Rosslyn Data Technologies

SAP Ariba

Spendata

Simfoni

Contract Lifecycle Management (CLM) Symfact

VORTAL

Agiloft

Coupa

Determine (Corcentric)

GEP

Icertis

Jaggaer ONE(Standard)

SAP Ariba

SirionLabs

E-Procurement Uppler

VORTAL

BuyerQuest

Coupa

Determine (Corcentric)

GEP

Jaggaer ONE (Standard)

OpusCapita

Oracle

SAP Ariba

Tradeshift

Vroozi

Invoice-to-Pay (I2P) AvidXchange

Corcentric Payables (COR360)

Infor

Medius (Wax Digital)

 

 

Coupa

Determine (Corcentric)

GEP

Jaggaer ONE (Standard)

OpusCapita

Oracle

SAP Ariba

Tradeshift

Vroozi

Accounts Payable (AP) Automation AvidXchange

Corcentric Payables (COR360)

Determine (Corcentric) (new category)

GEP (new category)

Infor

Medius (Wax Digital)

OpusCapita (new category)

SourceDay

Softco

Tipalti

Tradeshift

Contract Services/Statement of Work (SOW) VectorVMS (new category) Coupa
Direct Sourcing of Workforce/Services (DSW/S) Shiftgig

Workmarket

Temp Staffing Elevated Resources

Coupa

VectorVMS

Procure-to-Pay (P2P) Medius (Wax Digital) Coupa

Determine (Corcentric)

GEP

Jaggaer ONE (Standard) OpusCapita

Oracle

SAP Ariba

Tradeshift

Vroozi

Strategic Procurement Technology (SPT includes Sourcing, Analytics, CLM, SRM) Coupa

Determine (Corcentric)

GEP

Jaggaer ONE (Standard)

SAP Ariba

Source-to-Pay (S2P) Coupa

Determine (Corcentric)

GEP

Jaggaer ONE (Standard)

SAP Ariba

Vendors with new or refreshed Customer references:

Agiloft
AvidXchange - new
BirchStreet
BuyerQuest
Corcentric Payables (COR360) - new
Coupa
Determine (Corcentric)
EC Sourcing
GEP
GraphiteConnect - new
Icertis
Ignite Procurement - new
Infor - new
Ivalua
Jaggaer ONE (Direct)
Jaggaer ONE (Standard)
Kodiak Rating - new
Market Dojo
McKinsey (Orpheus)
OpusCapita
Oracle
ProcurePort - new
Rosslyn Data Technologies
SAP Ariba
Scanmarket
Softco
SourceDay - new
State of Flux
Symfact -new
Taulia
Tipalti
Uppler - new
VectorVMS
VORTAL - new
Zycus

How to use SolutionMap Fall 2020 (for free):

  • Click here
  • Choose your category from the drop-down
  • Follow the steps below

The good stuff (that you have to pay for so we can keep the lights on)

  • Maps aren’t enough, I want to see granular comparisons

Vendor-by-vendor comparisons are part of a SolutionMap Insider subscription. If you're not a subscriber, click the image below. If you’re a subscriber, log in to your account, read the Provider Scoring Summary (live links by category provided) and compare vendors’ scores to your heart’s content:

Click the sample Provider Scoring Summary to see the full one-sheet.

  • Matchmaker matchmaker make me a (vendor) match

We would love to help you identify requirements, get to a shortlist and create the best RFI/RFP possible for your next technology project. We do this SUPER fast using SolutionMap data, saving you a ton of time, effort and money. Read more about tech selection.

  • I’m a vendor and I want to see hard numbers on how I stack up here

As a participant in SolutionMap, you get draft analyst scores against your self-scores. BUT WE HAVE MORE! Our Scoring Benchmark and Gap Analysis shows you final scoring at the line-item level, with percentages against the benchmark norm:

Talk to your client services manager to learn more about benchmarking.

  • I’m an investor and want to buy one of the companies in SolutionMap

Due-diligence programs are typically centered on transaction-specific advisory, but they can start at the investigatory phase of interest if you want to “get smart” on procurement solutions and adjacent markets as quickly as possible. We also offer bespoke post-LOI services. Contact Kevin Mallin to learn more about services for investors.

Still have questions and want to talk to a real person?

Our friendly client services team eagerly awaits your outreach:

  • Jess Gertler: spend analysis, P2P, E-procurement, invoice-to-pay
  • Kevin Mallin: sourcing, CLM, SRM, contingent workforce (all), tech selections, investors
  • Jenny Draper: source-to-pay, consulting firms

Thank you all for your ongoing readership. We’re thrilled to get another successful release out into the world.

— The Spend Matters team

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