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Spring 2020 Procure-to-Pay (P2P): Provider Scoring Summary
March 24, 2020 | Spend Matters Team
The Spend Matters SolutionMap Procure-to-Pay (P2P): Provider Scoring Summary is only available to SolutionMap Members. This SolutionMap analyzes a select group of procure-to-pay solution providers. It is part of our Spring 2020 SolutionMap report series, also featuring spend analytics, sourcing, supplier management, contract management, e-procurement and invoice-to-pay providers.
Spring/Q1 2020 SolutionMap E-Procurement, Invoice-to-Pay and Procure-to-Pay release note
March 24, 2020 | Spend Matters Analyst Team
This Spend Matters SolutionMap Insider release note provides insight into the Spring/Q1 2020 SolutionMap release for three categories: E-Procurement, Invoice-to-Pay (I2P) and Procure-to-Pay (P2P). The note reviews the process that we follow and highlights what has changed since the last SolutionMap release. Also, SolutionMap is shifting from quarterly updates to spring and fall updates. This…
SolutionMap update for Spring/Q1 2020 ranks 69 procurement technology vendors and adds AP Automation category
March 24, 2020 | Spend Matters Team
Spend Matters today has updated its free SolutionMap benchmark rankings for the new Spring/Q1 2020 release. The latest SolutionMap compares 69 procurement technology providers across 13 categories — which includes a new ranking map for Accounts Payable (AP) Automation vendors. Six providers are featured in the first AP Automation category, which reflects the growing importance that…
Yooz: Vendor Snapshot 2020 Update — Part 1 (Background, Solution Overview, When to Consider Yooz) - [PRO Content]
March 4, 2020 | Xavier Olivera
Yooz is a specialized accounts payable automation software provider that also offers adjacent capabilities in e-invoicing. Yooz supports 3,000 customers and 200,000 users worldwide, primarily mid-market companies that have $10 million to $500 million in revenue and that process more than 100 invoices a month. Yooz competes in the diverse, sometimes confusing and overlapping procure-to-pay…
Afternoon Coffee: Basware’s P2P update targets maverick spend; Coronavirus a corporate concern
January 30, 2020 | Spend Matters Team
The procure-to-pay vendor Basware has added two features to its Basware Purchase solution that it hopes will increase user adoption and boost spend visibility, the company said in a press release. The solution now has two new user access levels. In other news, the coronavirus is a concern for businesses with stores and supply chains…
Oracle Procurement Cloud: What Makes It Great (Procure-to-Pay SolutionMap Analysis)
January 27, 2020 | Spend Matters Team
Enterprises have numerous choices for procure-to-pay solutions today. But only one vendor offers a fully unified, single ecosystem of business applications that span not only e-procurement and invoice-to-pay processes but also financials, supply chain collaboration and HR. And that vendor is Oracle. As it has patiently migrated all of its solutions to the cloud, Oracle…
SolutionMap: 59 procurement software companies ranked (Q4 2019 Update)
December 5, 2019 | Spend Matters Team
Spend Matters today released its Q4 2019 SolutionMap, ranking 59 procurement software companies across 12 solution categories, including E-Procurement, Sourcing, Spend Analytics, Supplier Relationship Management, Contract Lifecycle Management and Contingent Workforce & Services. Click on this article to see which new providers joined the rankings this quarter — and to see how to access the…
Q4 2019 Procure-to-Pay (P2P): Provider Scoring Summary
December 5, 2019 | Spend Matters Team
The Spend Matters SolutionMap Procure-to-Pay (P2P): Provider Scoring Summary is only available to SolutionMap Members. This SolutionMap analyzes a select group of procure-to-pay solution providers. It is part of our Q4 2019 SolutionMap report series, also featuring spend analytics, sourcing, supplier management, contract management, e-procurement and invoice-to-pay providers.
Tradeshift: Vendor Snapshot Update (Part 2) — Product Strengths and Weaknesses - [PRO Content]
November 26, 2019 | Xavier Olivera
Besides the likes of “mega” players like Amazon Business, is there a market for marketplaces? When Tradeshift embarked on its journey to create a platform between organizations in 2010, it had to believe such a need would eventually become mainstream, otherwise its vision and reality would fail to intersect. Fortunately for those that backed Tradeshift’s initial hypothesis, less…
Why would Medius buy Wax Digital? (Part 2: Wax strengths, customers, integration considerations)
November 21, 2019 | Jason Busch
Yesterday, AP automation specialist Medius announced it was acquiring Wax Digital, the UK-based source-to-pay suite provider. Together, they hope to carve out a unique niche in targeting procurement and finance organizations primarily in Europe and North America (although both have global customers and users). In Part 1 of this Spend Matters Nexus series, we provided…
Customer reviews for Determine (Corcentric) are in the new SolutionMap Customer Insights report
November 6, 2019 | Spend Matters Team
This week’s SolutionMap Customer Insights report focuses on customer reviews for the suite provider Determine, a Corcentric company. The applicable SolutionMap categories for this report are Source-to-Pay, Procure-to-Pay, and Strategic Procurement Technologies (SPT includes Sourcing, Analytics, CLM and SRM). Determine has been bought by Corcentric. Integrations between the two provider platforms are not factored into…
So You Want to Build a P2P Marketplace? An Introduction to Unique B2B Technology, Platform and Application Requirements - [PRO Content]
October 30, 2019 | Michael Lamoureux and Spend Matters Analyst Team
Procure-to-pay (P2P) solutions do not just have to take the form of “vanilla” cloud/SaaS applications. Increasingly, organizations are becoming aware of the power of B2B marketplace models and platform-as-a-service (PaaS) models, which can enable greater flexibility to configure P2P capabilities for a combination of internal and third-party users — and in certain cases, to leverage…

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in : JP Morris said : Fiverr isn't in SolutionMap yet, but maybe it will join for a future release. Spend Matters does ext...

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in : Darcy said : Should fiverr be on the list?...

“Ariba Doesn’t Have Customers, It Has Prisoners” : Kerry said : Thank god there are other people that understand that Ariba scams small businesses by charging them ...

Coupa CEO implores procurement pros to lead businesses through the coronavirus crisis : Jason Busch said : Joe, You are entitled to your opinion. But what I will say is that folks like Coupa (via a joint bu...

Coupa CEO implores procurement pros to lead businesses through the coronavirus crisis : Joe Harold said : Been a long time since I have seen such a badly pitched article. Apparently Coupa are positioning th...