50 Procurement Providers to Watch for 2020

Spend Matters has revealed the 50 Providers to Watch for 2020.

50 to Watch badgeEach year the 50 Providers to Watch list recognizes the fast-rising companies in the procurement and supply chain market. These are the up-and-comers: solution providers who continue to grow and develop innovative products propelling the market forward. Vendors listed are independently selected by the analyst team over multiple rounds of debate, focusing on factors such as growth, innovation, tech capabilities, and solution delivery. Where applicable, providers go through the rigorous SolutionMap evaluation process.

This marks the seventh year of publication for the Spend Matters 50 to Watch as well as its counterpart, the 50 to Know. Typically the Providers to Watch list sees more turnover than the Providers to Know, and this rang true in 2020 with more than half of the Providers to Watch being new to the list from last year.

If you are making a tech selection or simply want to understand the industry’s most promising vendors, these are the providers you need to watch in 2020:

  • Allocation
  • AnyData Solutions
  • AvidXchange
  • BidMode
  • Bid Ops
  • Bonfire
  • Brightfield (TDX)
  • BuyerQuest
  • Cirtuo
  • Conga
  • Creactives SpA
  • Datapred
  • EC Sourcing
  • Fairmarkit
  • Globality
  • Greensill
  • IntegrityNext
  • Kodiak Rating
  • LevaData
  • Market Dojo
  • Negotiatus
  • Opus Capita (including jCatalog)
  • Procurence (Meercat)
  • Procurify
  • Promena
  • Resilience360
  • ScoutBee
  • ServiceNow (e.g. StaveApps)
  • Shortlist
  • Silex
  • Simfoni Group
  • Simplify Workforce
  • SoftCo
  • SourceDay
  • Spendata
  • Spendency
  • Suplari
  • SupplyHive
  • TalentNet
  • Talon
  • Tealbook
  • TransferMate
  • Veem
  • Vendorful
  • Vizibl
  • Vndly
  • Vroozi
  • What's The Price (WTP)
  • Xeeva
  • Yooz

How are the 50 Providers to Watch Chosen?

The Spend Matters annual 50 Providers to Know and 50 Providers to Watch lists are determined by the entire Spend Matters analyst team to represent the best of the commercial providers that serve enterprise-level procurement organizations. The 50 to Know list comprises industry-leading proven providers and the 50 to Watch list contains often lesser known providers of which practitioners ought to be aware. Developing the lists is not an exact science, but there are guidelines we use to construct these lists of vendors amongst the hundreds of firms in the marketplace. To ensure consideration for your company, we encourage you to create a listing in the Spend Matters Almanac and go through the SolutionMap vetting process. View the full selection methodology.

Spend Matters Almanac - The Leading Provider Directory

The Almanac is a vendor intelligence directory for modern procurement covering more than 25 categories and serves as a resource for anyone interested in an unbiased view of the procurement service provider landscape.

Visit spendmatters.com/almanac to learn more about the providers featured on this list or to add a listing for free.