Author Archives: Sam Rea

About Sam Rea

Sam’s role at Spend Matters and MetalMiner covers all marketing operations, including advertising, email newsletters, webinars, social media, content creation, and more. After graduating from the University of Michigan, he worked in the Marketing department at POOL4TOOL, a solution provider. A Chicago native, he speaks German and enjoys traveling internationally as well as supporting Michigan football.

Tidbits and Lessons Learned from the 50 to Watch and 50 to Know Lists for 2018

Spend Matters has released the 50 Providers to Know and 50 Providers to Watch for 2018, and there are plenty of interesting tidbits to draw from this year’s lists. From Accenture to Zycus, the 50/50 lists represent the procurement providers and solutions procurement organizations should be aware of, whether they’re making a tech selection or simply want to understand the playing field. The Watch and Know lists should be looked at separately, and there’s much debate that goes into each list. While the Know list features the rock-solid major industry players, the Watch list tends to generate more excitement, as it taps into the latest and most innovative industry trends.

50 Providers to Know and 50 Providers to Watch for 2018

After months of debate, Spend Matters is excited to reveal the 50 Providers to Know and 50 Providers to Watch lists for 2018. At Spend Matters, we routinely review the latest procurement technology and service offerings. This uniquely positions us to help procurement organizations with their vendor selection processes. The 50 to Know and Watch lists are the result of intense debate, discussion and refinement among all of the Spend Matters analysts and reflect our unbiased, independent view of the organizations you should have on your radar in 2018.

Why My Uber Rating is Lousy — and What it Can Teach Us About Solution Provider Rankings

on-demand workforce

What’s your current Uber rating as a passenger? Probably in the 4.5–5 range, right? Most people I know confirm that range. Indeed, my friends and I once compared scores when Uber first granted passengers the ability to see their ratings. We went around the room: 4.9, 5.0, another 5, 4.8, and some ridicule for the guy at 4.6. Now imagine my horror when I was greeted with a paltry, miserable Uber rating of 4.2. An outlier, for sure, but I assumed it wasn’t all that bad. Still, the low score was vexing. I had to figure out what had cut me down so far.

GDPR: Fast Facts for Procurement Organizations

sourcing technology

On the home site for the EU’s General Data Protection Regulation (GDPR), a countdown advances toward May 25, 2018. Just over 200 days away, the enforcement date is marked on the calendar of every global organization, because the consequences are clear: non-compliance means heavy fines. As the clock continues ticking, we’ve assembled what you need to know about GDPR — its background, the changes that come with it and the repercussions of non-compliance.

Spend Management Platforms: No Longer Just for the Big Boys

Procurement organizations large and small all have issues they need help with. The problem is not all of them realize it. For reasons from pressure to secure cost savings to lack of qualified resources, many procurement groups remain blind to process inefficiencies or daily headaches that could be easily relieved: misplaced purchase orders, byzantine spreadsheets, forgotten contract renewals, papers stacked to the ceiling. These were and continue to be real issues that plague procurement organizations. Unfortunately, small and middle-market firms have found themselves locked out of the opportunities that technology such as spend management platforms offer procurement.