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Spend Matters Almanac: Future 5 for 2019

Spend Matters is pleased to introduce the inaugural Future 5 nominees

DPW logo

The 2020 Future 5 will be released in September in conjunction with the Digital Procurement World conference (DPW).

Spend Matters Almanac Future 5 logoThe procurement technology market rapidly evolves. In addition to the 50 Providers to Know and 50 Providers to Watch lists Spend Matters releases each spring, we’re introducing the Future 5 list to be published half-way through the calendar year.

The Future 5 list highlights exciting procurement technology start-up vendors we want to bring to your attention, too new to have made it onto this year’s Watch list. Vendors listed are independently selected by the analyst team over multiple rounds of debate meeting the following criteria - the vendor:

  • Is less than 5 years old and has been in the market for less than 2 years (official product launch)
  • Has 5 or more customers
  • Makes interesting/innovative use of technology
  • Shows promising signs of staying power (sustainability, i.e. through obtained funding, new niche)

Future 5 Selection 2019

Bid Ops
345 California Street, Suite 600 | San Francisco, CA | 94104 United States
https://bidops.com/
evan@bidops.com
202 549-2333
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Bid Ops is Sourcing Enablement for the Modern Business, driving savings by getting better quotes faster. With Fortune 100 customers and impressive case studies, Bid Ops is changing the way business teams partner with suppliers.

Fairmarkit
281 Summer Street, Fl 2 | Boston, Massachusetts | 02210 United States
https://www.fairmarkit.com
ben@fairmarkit.com
(800) 558-8017
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Fairmarkit is the intelligent sourcing platform that empowers organizations to more efficiently purchase the goods and services they need. By equipping procurement and supply-chain teams with automation and data, Fairmarkit promotes competitive bidding while reducing manual work within existing processes.

Fulcrum
4250 Executive Square #200 | San Diego, CA | 92037 United States
http://www.fulcrumworks.com
sean@fulcrumworks.com
17204700047
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Fulcrum is an On-Demand Workforce Platform, purpose built for enterprise organizations. Fulcrum enables the largest companies in the world to design, manage, and execute work that is compatible with the On-Demand Workforce of the future. The Fulcrum Platform executes these strategies at scale, and with full enterprise grade compliance services included. Fulcrum aggregates and integrates the best in class alternative

Negotiatus
260 West 39th Street, Floor 5 | New York, New York | 10018 United States
http://www.negotiatus.com
zach@negotiatus.com
6466657383
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
Negotiatus gives businesses a better way to purchase and pay by providing: a centralized platform to manage all spend, cashback rewards for buying smarter, and one invoice across all of their vendors. Businesses don’t have to wait months to get started – they can sign up in the morning and be up and running by the end of the business

SupplyHive
20 N Upper Wacker Dr | Chicago, Illinois | 60606 United States
http://www.getsupplyhive.com
ailis.y@getsupplyhive.com
3125158685
Provides solutions and/or services in the following categories:
About
Our View
Recent Coverage
SupplyHive provides software to measure and manage Supplier Performance.