Creactives: Vendor Analysis 2022 Addendum

This addendum is to the Spend Matters PRO Vendor Analysis for Creactives material master data management (MMDM) and spend analytics solution.

When we introduced Creactives to our readers last year, we dove deep into the solution provider’s unique technologies and capabilities that make it a vendor we think every global multinational that sources direct and indirect materials should be considering as part of their overall source-to-pay and/or supply chain technology arsenal. There are few MMDM or analytics solutions built specifically for automatic part-and-material classification and fewer still designed for real-time classification and maintenance during the procurement cycle. Creactives is one, and as such, we noted that it is a must-know provider in the space, especially since it can classify and search parts and materials in over 25 languages in real time.