Spend Matters turns its S2P focus to the Procurement Services provider landscape

Today, Spend Matters, a Division of The Hackett Group, releases updated research on the Procurement Services market, specifically on source-to-pay (S2P) implementation providers. Our analysts have spent months creating a survival guide for Procurement transformation and a new SolutionMap comparison of Procurement Services providers for Insider members; as we know it does not matter how much an organization invests in new technologies if they are implemented poorly. Many need help along the way, and many need help finding the help.

“Procurement technology capabilities are growing rapidly and the solution market is expanding faster than ever before, but implementation barriers make it difficult for many procurement organizations to take advantage of them,” says Abigail Ommen, Research Analyst and Director of Analyst Production. “A strong implementation partner can be a complete game changer for an organization’s digital transformation journey.” As such, the systems implementation market is a natural next step for Spend Matters research.

In many ways, this serves as a continuation of our previous coverage in 2021, a nine-part series that covered the state of the procurement services market in general, what specific providers offered in detail and how procurement professionals can use the information. We will be publishing a new series soon, and, in addition to this revamped series, Spend Matters is also launching two new procurement-service-provider-specific features:

• A dedicated in-depth guide and landing page
•  A comparison of systems integrators in the SolutionMap Insider app 

Insider members are able to see in which service areas each provider excels, review customer feedback, case studies and more. Each profiled vendor received the same data-driven, no pay-to-play scrutiny from the analyst team that has made their analyses of procurement technology a globally recognized benchmark. 

Moreover, while our previous work caught the Procurement Services market in a wide net, we are now narrowing our attention to providers that offer source-to-pay (S2P) implementation services. These providers help organizations rapidly and effectively implement and optimize the leading S2P applications and suites, and this special focus marries our new research with our deep knowledge of the S2P vendor landscape.

“We are pleased to share our latest research on the critical role of system integration partners in bridging the gap between vision and execution,” says Xavier Olivera, Lead Analyst of Downstream Procurement. “A successful transformation is not just about choosing the right technology — it’s about choosing the right partner to bring it to life.”

View the S2P Procurement Services SolutionMap

Visit the Procurement Services Guide