Market trends in procurement technology 2023

07/31/2023 By Nikhil Gaur, Meena Ibrahim, Bertrand Maltaverne, Xavier Olivera and Abigail Ommen

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Twice a year, the Spend Matters analyst team works to score vendors in a data-driven process called SolutionMap which assesses the technical capabilities of vendors using a rigorous RFI process.
This article highlights the changes and trends that our scoring process and general market knowledge has brought to our attention.

This article requires a paid account that has access to AP Automation / Invoice-to-Pay, Contract Lifecycle Management (CLM), E-Procurement, Sourcing, Spend & Procurement Analytics, or Supplier Information & Relationship Management (SIM and SRM) to read.

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Topics

Emerging Technology Innovation

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AP/I2P EPRO SOURCING

Artificial Intelligence Meets Payables and Dynamic Discounting: Oracle Cloud Vendor Analysis Update (Part 3)
04/10/2019
Why E-Commerce Trends Necessitate the Adoption of Automation and Analytics Tools in the Retail Industry
06/13/2018
AP/I2P

Why would Medius buy Wax Digital? (Part 3: Strategy and competitive landscape analysis for AP automation and invoice-to-pay)
11/22/2019
A Good Spend Culture Is Not Just About Saving vs. Spending
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CLM SOURCING

eBid Systems: Vendor Analysis (Part 2) — Product Strengths & Weaknesses
02/23/2017

Market trends in procurement technology 2023

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