Viewing Supplier Information Management

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CORONAVIRUS RESPONSE: Fraud, P2P and Vendor Management Safeguards — Protecting cash and rapidly vetting suppliers in a crisis - [PRO Content]
March 31, 2020 | Nick Heinzmann
In this installment of our “Coronavirus Response” series, Spend Matters will explore fraud, P2P and vendor management safeguards. With the COVID-19 crisis creating new fires for procurement to put out and critical supply risks arising to address, fraud is an unfortunate reality that businesses need to remain on guard against — especially in times where bad…
Case study: How industry mergers required an energy firm to begin its supplier management transformation
March 12, 2020 | Spend Matters Brand Studio
When should companies consider acquiring the latest procurement technology? It seems like a simple question, but many businesses don’t always get to spend time considering the latest solutions, like in the area of supplier management — they’re more often compelled to do it when the market changes through a merger or acquisition, when their old…
Kodiak Rating: Vendor Analysis (Solution Overview, Strengths/Weaknesses, Company SWOT, Selection Checklist, Analysis) - [PRO Content]
February 26, 2020 | Magnus Bergfors
As we’ve mentioned in previous research, the market for supplier management applications is fragmented with many types of solutions and approaches. At Spend Matters, we have defined five core supplier management capabilities: * Supplier information management (SIM) * Supplier performance management (SPM) * Supplier relationship management (SRM) * Supplier risk management (Supplier Risk) * Supplier…
Customer reviews for Market Dojo are in the new SolutionMap Customer Insights report
February 19, 2020 | Spend Matters Team
This week’s SolutionMap Customer Insights report focuses on customer reviews for Market Dojo, an e-sourcing specialist with a suite of solutions for RFX, document and template management, supplier information management, innovation management, and category (analysis and strategy) management The applicable SolutionMap category for this report is in our ranking of Sourcing solutions. SolutionMap Insider members…
Supplier onboarding: Top 12 ways to speed up the process
February 6, 2020 | Guest Contributor
Spend Matters welcomes this guest post from Jag Lamba, Founder & CEO of GetCerta.com, a provider of a SaaS platform for supplier management and contract lifecycle management. At many large enterprises, it can take 3-6 months to onboard a new supplier. This is because, as each new supplier adds multiple layers of risk (operational, reputational,…
Beyond the Traditional SRM Scorecard: Supplier Management Metrics to Diagnose Your Supplier Management Operations (Part 1: Search and Enablement) - [Plus + Content]
January 24, 2020 | Spend Matters Analyst Team
Editor's note: This is a refresh of our 2017 series on supplier management metrics, which originally ran on Spend Matters PRO. In recent years, prominent procure-to-pay (P2P) providers have increasingly offered opt-in peer benchmarking capabilities. This newly available data has changed the way consultants and advisors evaluate procurement performance. Benchmarks and key performance indicators (KPIs)…
The 5 Building Blocks of Supplier Management Capabilities - [PRO Content]
December 20, 2019 | Magnus Bergfors and Pierre Mitchell
As an analyst you want to define things, classify them and put them in buckets to be able to analyze and compare them. Often that works fairly well, and we can rate vendors and solutions against each other to find the best fit in any given situation. But in some areas this is more difficult,…
Customer reviews for HICX are in the new SolutionMap Customer Insights report
December 18, 2019 | Spend Matters Team
This week’s SolutionMap Customer Insights report focuses on customer reviews for HICX, a configurable solution that scored well in master data management and other areas of supplier relationship management. The applicable SolutionMap category for this report is in SRM & Risk. SolutionMap Insider members can to read about HICX in our latest report. In each…
ConnXus brings its ‘Smart’ approach to supplier discovery with new SmartSearch product - [PRO Content]
December 4, 2019 | Nick Heinzmann
The supplier relationship experts at ConnXus on Wednesday announced the launch of SmartSearch, a new supplier discovery capability based on business intelligence that enables granular search across category, geographic and diversity criteria for millions of validated global vendor records. SmartSearch takes advantage of ConnXus’ database of 22 million global suppliers to help buying organizations quickly…
EcoVadis — Catching Up on a Provider to Know
October 18, 2019 | Spend Matters Team
EcoVadis, a provider of ratings on companies’ sustainability and corporate social responsibility efforts, was named to Spend Matters’ 50 to Know list six months ago. It’s the third year running that it has been highlighted as one of the providers to know in the procurement technology sector that we cover. This year, we’ve taken an…
Procurence Vendor Introduction (Part 2: Strengths/Weaknesses, SWOT, Selection Checklist and Market Overview) - [PRO Content]
October 16, 2019 | Michael Lamoureux and Nick Heinzmann
In Part 1 of this two-part Spend Matters PRO series, we introduced you to Procurence — a relatively new entrant to the global direct material supplier management space, based out of Warsaw, Poland. It’s a recent entrant to our SolutionMap ranking of vendors, where its scores make it a customer leader in the SRM category.…
Procurence Vendor Introduction (Part 1: Background and SRM Solution Overview) - [PRO Content]
October 15, 2019 | Michael Lamoureux and Nick Heinzmann
Supplier management is one of the most misunderstood terms in the procurement solution space, especially since the exact scope of processes supported by such systems varies by analyst, vendor and customer interpretation. In order to clarify, or at least differentiate, many vendors have begun slicing and dicing the SXM solution space to offer the likes…

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Delivering Value Beyond Savings — Procurement’s Role in Times of Disruption : Kapil Paliwal said : While Buyers will try to optimize the cost, Suppliers would also equally or even more keen to look f...

Delivering Value Beyond Savings — Procurement’s Role in Times of Disruption : Bhagyashree Indane said : Brilliant Article! Discovering innovative strategies in the procurement processes can help industrie...

Delivering Value Beyond Savings — Procurement’s Role in Times of Disruption : Punam Nevatia said : Very well put together. Kudos!...

Clarifying Robotic Process Automation: What It Is (and Isn’t) for Procurement : David Harris said : Companies tend to assign procurement as an expanded and more important role of a strategic partner. ...

2021 Procurement and Supply Chain Predictions from the market — The Smart Cube and Capita : Ande Sampathi said : It is valuable information &knowledge help for me intelligent procurement! Thank you very much....