Graphite Systems: Vendor Analysis (Part 1) — Background of Company & graphiteConnect Solution, Strengths/Weaknesses, Tech Selection Tips 

The first part of this Spend Matters PRO Vendor Analysis looks at Graphite Systems’ background, offers an overview of its graphiteConnect solution and details graphiteConnect’s strengths and weaknesses. But Graphite Systems is part of a larger story.

Networks are nothing new in the procurement technology space. But the focus of most networks has so far been primarily on transactions — connecting trading partners in a many-to-many network to facilitate exchange of purchase orders and invoices. Now, most of these networks have expanded some, and many also include some supplier information, but that has typically been limited to the most basic information needed to support the transaction.

This is now changing with Graphite System’s entrance into the marketplace.

It is arguably the first supplier management vendor that is building its solution, graphiteConnect, on a network model where suppliers enter and maintain their information once and can share it with any and all buyers in the network.

Part 2 of this series will offer a company SWOT analysis and a look at Graphite System’s competitors. In Part 3, we will provide a detailed solution overview.