Zip: Vendor Analysis — Intake and Orchestration, S2P solution overview, roadmap, competitors, user considerations, analyst summary

This analysis contains excerpts from a piece previously written by Bertrand Maltaverne.

This Spend Matters Vendor Analysis provides an overview of Zip and its solution for intake, orchestration and source to pay (S2P).

As procurement becomes increasingly strategic and digital, intake and orchestration processes require intricate coordination across various departments, tools and data sources. Whether it is juggling multiple supplier requests, dealing with complex regulatory requirements or navigating interdepartmental communication gaps, procurement teams face a host of difficulties in aligning their processes to meet business needs effectively.

Zip’s value proposition is to provide requesters and stakeholders with an “intelligent, intuitive front-end to their ERP or P2P.” Zip is therefore meant to be the place to initiate a purchase or vendor request through a flexible, configurable intake that requires no code to change and to support communication and approvals to ensure that the need is clearly understood and all sign-offs are obtained.

Since its foundation in 2020, Zip has also been increasingly adding native source-to-pay capabilities that follow the same configurable framework, an important aspect of its roadmap to expand functionality and address evolving customer needs

This Vendor Analysis explores Zip’s platform, application and supporting services, provides a competitive market analysis and concludes with key analyst takeaways.

Here’s why Zip Matters:

• To the market — Zip represents the trend in procurement of platform’s moving towards a no-code/low-code platform that prioritizes user friendliness and configurability, positioning itself as a leader and innovator in redefining procurement technology.
• To potential buyers — Zip is a strong player in the intake and orchestration space, one that can help streamline requests, approvals and integrations. Recently, it has also stepped into the broader S2P technology space and may be the appropriate platform to replace a legacy S2P suite.