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Bedrock: Vendor Analysis (Part 2) — SxM solution: strengths and weaknesses, solution modules, voice of the customer, analyst summary

05/31/2023 By

This Vendor Analysis is the second of two that cover Bedrock’s SxM offering. Bedrock is a technology company that offers procurement and accounts payable technology solutions and services. It offers two products: an SxM solution called Cornerstone and an AP solution called Keystone, which focuses on preventing duplicate and erroneous payments, recovering lost revenue and digitizing payment.

Bedrock’s SxM solution is meant to address the supplier-data problems and pains that too many procurement organizations (still) have. It Bedrock’s SxM solution is meant to address the supplier-data problems and pains that too many procurement organizations still have. It does so by providing capabilities to efficiently and effectively onboard suppliers while cleaning and verifying supplier-related information by leveraging multiple data sources to ensure the data is there and can be trusted.

Part 1 of this Spend Matters PRO Vendor Analysis provided an overview of Bedrock’s SxM offerings, a SWOT analysis, a list of key competitors and tech selection tips. Part 2 focuses on the strengths and weaknesses of Bedrock’s SxM solution. We also provide an overview of the solution, customer feedback and an analyst summary.

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Series
Vendor Analysis