SolutionMap E-Procurement Premium or SolutionMap E-Procurement Content

Spend Matters releases SolutionMap Spring 2021 rankings of 75 procurement technology solutions

Spend Matters has updated its free SolutionMap rankings for the Spring 2021 release, with more than half of vendors updating their customer reference data. SolutionMap now compares 75 procurement technology solutions across 13 categories, like Sourcing, AP Automation, Spend Analytics and Supplier Relationship Management & Risk.

SolutionMap is notable because of its depth of analyst assessments, quantity of real-life customer inputs and frequency of release (twice a year) to accurately reflect vendor updates at the speed of the market.

For this update, we’ve refreshed the customer scores as needed, but we paused the update to our analyst scores because we’re reworking our vast RFI.

Spring 2021 E-Procurement: Provider Scoring Summary [PRO]

This SolutionMap analyzes a select group of E-Procurement solution providers. It is part of our Spring 2021 SolutionMap report series, also featuring Spend Analytics, Sourcing, Supplier Management, Contract Management and Invoice-to-Pay providers. Our spring release also features SolutionMap for Procure-to-Pay and Strategic Procurement Technology suites.

Release note, SolutionMap Spring 2021: E-Procurement, Invoice-to-Pay and Procure-to-Pay

This Spend Matters SolutionMap Insider release note provides insight into the SolutionMap Spring 2021 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.

The Spring 2021 SolutionMap resulted from a “condensed” update cycle containing only customer score updates, spurred by new or expiring references. Analyst scores were carried forward from the previous Fall 2020 rankings. This condensed cycle allowed time for our analysts to simplify and streamline a new RFI for the next cycle, Fall 2021 SolutionMap. The addition of new vendors and existing vendors’ expansion into new categories were also pushed to Fall 2021 to coincide with the rollout of the revamped RFI.

“Determine (Corcentric)” is now displayed as Corcentric Platform.

The E-Procurement, I2P and P2P customer reference set added 100 new individual customer references in Spring 2021. References from Q1 and Q2 2018 expired after 2½ years of use.

Get a first look at the Spring 2021 SolutionMap comparative quadrant graphics here.

SolutionMap Insider members: Learn more about each vendor by accessing the Provider Scoring Summary reports right here.

SolutionMap Fall 2020 launches, now ranking 77 procurement technology vendors

Grab a comfy sweater and a hot pumpkin spice latte (don’t judge): It’s time for the latest SolutionMap release.

With today’s launch of the free SolutionMap Fall 2020 release, Spend Matters’ analysts have assessed 77 procurement technology vendors, adding 12 providers since our Spring 2020 update.

SolutionMap, which began in 2017, has become the definitive procurement technology benchmark due to the depth of analyst assessments, quantity of real-life customer inputs and frequency of release (twice a year) to accurately reflect vendor capabilities and market developments.

Fall 2020 E-Procurement: Provider Scoring Summary

Spring 2020 E-Procuremen SolutionMap Provider Scoring Summary

This SolutionMap analyzes a select group of E-Procurement solution providers. It is part of our Fall 2020 SolutionMap report series, also featuring Spend Analytics, Sourcing, Supplier Management, Contract Management and Invoice-to-Pay providers. Our spring release also features SolutionMap for Procure-to-Pay and Strategic Procurement Technology suites.

Release note, SolutionMap Fall 2020: E-Procurement, Invoice-to-Pay and Procure-to-Pay

This Spend Matters SolutionMap Insider release note provides insight into the SolutionMap Fall 2020 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.

This is the first Fall release since the start of semiannual SolutionMap cycles. Going forward, there will be two releases per year, Spring and Fall.

What’s new in the Fall 2020 E-Procurement, Invoice-to-Pay and Procure-to-Pay SolutionMap? 

Spend Matters updated the bubble size methodology of the SolutionMap rankings. The bubble size previously represented the number of customers served by a vendor. This method did not adequately convey a vendor's experience and resources to handle complex global deployments. As such, the new bubble size considers:

  • market scale based on the number of customers across the globe
  • number of full-time employees focused on the relevant solution(s)
  • revenue per customer in the relevant solution(s)

These factors were determined by the analyst team, and vendors were given the opportunity to validate the inputs.

Five new providers joined SolutionMap. AvidXchange, Corcentric Payables Automation (COR360) and Infor are now participating in the Invoice-to-Pay category. Uppler and VORTAL are now participating in the E-Procurement category.

Now merged, Medius (Wax Digital) includes E-Procurement, I2P and P2P.

Customer references now have a lifespan of two-and-a-half years.The E-Procurement, I2P and P2P customer reference set added 105 new individual customer references in Fall 2020.

Get a first look at the Fall 2020 SolutionMap comparative quadrant graphics here.

SolutionMap Insider members: Access the Provider Scoring Summary reports right here.

Ranking Graphics: E-Procurement, I2P and P2P – Fall 2020

Spend Matters - Free SolutionMap Download

This report contains the latest update of the E-Procurement, Invoice-to-Pay and Procure-to-Pay SolutionMap, a comparative analysis of e-procurement, invoice-to-pay and procure-to-pay suite technology solution providers for Fall 2020.

Spring 2020 E-Procurement: Provider Scoring Summary

This SolutionMap analyzes a select group of E-Procurement solution providers. It is part of our Spring 2020 SolutionMap report series, also featuring Spend Analytics, Sourcing, Supplier Management, Contract Management and Invoice-to-Pay providers. Our spring release also features SolutionMap for Procure-to-Pay and Strategic Procurement Technology suites.

Release Notes: E-Procurement – Spring 2020

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 is the last quarterly release and the first spring release, so you’ll see it labeled “Spring/Q1.”

What’s new in the Spring/Q1 2020 E-Procurement, Invoice-to-Pay and Procure-to-Pay SolutionMap?

One new provider joined SolutionMap: Xeeva is now participating in the E-Procurement category.

Wax Digital has changed its name to Wax Digital / Medius.

The E-Procurement, I2P and P2P customer reference set added 60 new individual customer references in Spring/Q1 2020.

Get a first look at the Spring/Q1 2020 SolutionMap comparative quadrant graphics here.

Insider members: Access the Provider Scoring Summary reports right here.

SolutionMap update for Spring/Q1 2020 ranks 69 procurement technology vendors and adds AP Automation category

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 vendors are placing on payments.

SolutionMap began in 2017 and has become the definitive procurement technology benchmark. It will now be updated in the spring and fall instead of each quarter.

Click on the headline above to find out which vendors are in the new AP Automation category — and to learn about new vendors to SolutionMap.

Ranking Graphics: E-Procurement – Spring 2020

Spend Matters - Free SolutionMap Download

This report contains the latest update of the E-Procurement, Invoice-to-Pay and Procure-to-Pay SolutionMap, a comparative analysis of e-procurement, invoice-to-pay and procure-to-pay suite technology solution providers for Q1 2020.