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Release note, S2C SolutionMap Fall 2021: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management and Source-to-Contract (S2C) suites (previously Strategic Procurement Technology, or SPT, suites)

11/02/2021 By

This Spend Matters SolutionMap Insider release note provides insight into the SolutionMap Fall 2021 release for the following five categories: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk (SRM), Contract Lifecycle Management (CLM), and Source-to-Contract (S2C) (previously Strategic Procurement Technologies). The note reviews the process we follow and highlights what has changed since the last release.

This release contains the second major revamp since SolutionMap’s 2017 launch, and it includes new “market personas,” updated technology categories and a more focused RFI.

The latest RFI contains new questions that account for recent innovations and updates to other questions that better reflect which capabilities are "industry standards" versus "best-in-class.”

The name of the category is now S2C to better reflect the market understanding of the technology.

Also, this cycle saw the creation of the Risk Persona under the Supplier Relationship Management & Risk category — and the Direct and Optimization personas under the Sourcing category.

Seven new vendors joined S2C SolutionMap categories. Onventis and Bid Ops are now participating in Sourcing; Anaplan joined Spend and Procurement Analytics; Onventis and SupplHi joined Supplier Relationship Management & Risk; while ContractPodAi, Evisort and Malbek joined the Contract Lifecycle Management category.

In Sourcing and SRM, Allocation is now called QAD Allocation. In SRM, Kodiak Rating is now called Kodiak Hub.

Some 183 new or refreshed customer references (and 60 individual map references) were added in the Strategic Procurement Technology areas. Customer references from Q1 and Q2 2018 expired after 2½ years of use.

Get a first look at the Fall 2021 SolutionMap comparative quadrant graphics here.

SolutionMap Insider members: Learn more about each vendor by accessing the Provider Scoring Summary reports right here.

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SolutionMap