Supplier Management

A collection of supplier-centered applications that bridge the gaps between and beyond the core source-to-pay applications, including supplier information, performance, relationship, quality, risk and compliance management.

Why invest in Supplier Management technology?

Supplier [lifecycle] management technologies enable supplier governance and enablement to ensure that third-party partners are safely (i.e., minimizing risk and ensuring compliance) and efficiently interacting with the buying company, that those relationships are optimized (mutually beneficial) and that value is maximized, avoiding value/savings erosion and risk while ensuring supplier quality, efficiency, compliance and even collaborative innovation.

Why selecting the right Supplier Management Technology can be difficult

Who does what

Understanding where each vendor sits  within the large SxM spectrum that is defined by heterogeneous and evolving offerings.

No one-size-fits-all

Since there isn’t a one-size-fits-all ideal SxM landscape, ensuring you take multiple functional and non-functional factors into account to define your optimal solution (be it a suite, best-of-breeds or a combination of a suite and multiple best-of-breeds).

Dynamic landscape

Determining your best-fit solutions in a dynamic, evolving and unstable market where existing providers continue to add capabilities and new vendors constantly enter the market. Do you go with the established or the new — and why?

Top 5 Supplier Management Tech Capabilities

Learn more about SxM tech capabilities and discover the importance of capabilities in your technology selection.

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Top capability chart for supplier management

Spend Matters intelligence helps you identify which solutions enable you to:

Cover the whole supplier lifecycle (i.e. discovery, onboarding, performance/risk management).

Orchestrate supplier-related information management (i.e. SIM, MDM).

Enhance collaboration with suppliers for value engineering, optimization and joint innovation opportunities.

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