SolutionMap E-Procurement Premium Content

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.

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.

Q4 2019 E-Procurement: Provider Scoring Summary

P2P

This SolutionMap analyzes a select group of E-Procurement solution providers. It is part of our Q4 2019 SolutionMap report series, also featuring Spend Analytics, Sourcing, Supplier Management, Contract Management and Invoice-to-Pay providers. Our Q4 release also features SolutionMap for Procure-to-Pay and Strategic Procurement Technology suites.

Q4 2019 SolutionMap Release Notes: E-Procurement, Invoice-to-Pay and Procure-to-Pay

This Spend Matters SolutionMap Insider Release Note provides insight into the Q4 2019 SolutionMap release for E-Procurement, Invoice-to-Pay (I2P) and Procure-to-Pay (P2P), reviewing the process that we follow and highlighting what has changed since the last release.

The E-Procurement, I2P and P2P customer reference set added 20 new individual customer references in Q4. There were no new providers added for Q4, although Jaggaer One (formerly Jaggaer Indirect) has successfully been scored against the new Q2 2019 RFI requirements for the first time.

*Get a first look at the Q4 SolutionMap comparative quadrant graphics here.

As Jaggaer has unified three of its product lines — Jaggaer Indirect, Jaggaer Direct and Jaggaer Advantage — into Jaggaer One, which allows customers and prospects to select the best modules from each offering to fit an organization’s unique needs, Spend Matters has broken out the naming convention for the Jaggaer offerings more specifically for Q4 2019 SolutionMap in the persona ranking graphics. This means that in the E-Procurement and Invoice-to-Pay category this quarter, the solution/product formerly known as Jaggaer Indirect is now listed as: Jaggaer eProcurement and Jaggaer Invoice-to-Pay.

Due to Jaggaer’s participation in both E-Procurement and Invoice-to-Pay, the provider also appears in the Procure-to-Pay Suite view, as Jaggaer Procure-to-Pay.

The Q4 2019 SolutionMap marks the first time Jaggaer solutions have been evaluated against Q2 2019 RFI requirements by the Spend Matters analyst team, and are able to again appear in this quarter’s editions of the Provider Scoring Summaries.

This SolutionMap Insider research note provides insight into these and additional changes in the Q4 2019 SolutionMap release.

(Insider members: Access the Q4 Provider Scoring Summary reports right here.)

What Makes It Great: The Procurify Customer Experience (E-Procurement SolutionMap Analysis)

If you’re going to invest in an e-procurement solution, you’d at least hope that your employees use it. But this is often easier said than done. The usability of enterprise software like e-procurement has been low more often than not, and end users from procurement and other functions alike have not always been keen to requisition, punch out and slog through approvals in systems that recall the days of Windows 2000.

Fortunately, a new breed of procurement solutions is rectifying these past missteps, offering simple, intuitive user experiences that remind users more of the applications they use in their daily lives than at the office. The benefits are attractive: higher solution adoption, faster realization of the benefits of technology and greater overall ROI from the technology investment.

This is exactly what attracts customers to a company like Procurify.

Based in Canada, but with clients around the world, Procurify is an e-procurement solution designed for the needs of small and medium-size businesses. This is most visible in its best-in-class UX/UI, which along with other factors helped Procurify claim the highest customer satisfaction scores in our E-Procurement SolutionMap.

But where does Procurify stand out most and help “set the bar” in e-procurement, and why should this matter for procurement and finance organizations? Let’s delve into the SolutionMap benchmark to find out where Procurify is great.

“What Makes It Great” is a recurring column that shares insights from each quarterly SolutionMap report for SolutionMap Insider subscribers. Based on both our rigorous evaluation process and customer reference reviews, each brief offers quick facts on the provider, describes where it excels, provides hard data on where it beats the SolutionMap benchmark and concludes with a checklist for ideal customer scenarios in which procurement, finance and supply chain organizations should consider it.

Q3 2019 E-Procurement: Provider Scoring Summary

This SolutionMap analyzes a select group of E-Procurement solution providers. It is part of our Q3 2019 SolutionMap report series, also featuring Spend Analytics, Sourcing, Supplier Management, Contract Management and Invoice-to-Pay providers. Our Q3 release also features SolutionMap for Procure-to-Pay and Strategic Procurement Technology suites.

Q3 2019 SolutionMap Release Notes: E-Procurement, Invoice-to-Pay and Procure-to-Pay

This Spend Matters SolutionMap Insider Release Note provides insight into the Q3 2019 SolutionMap release for E-Procurement, Invoice-to-Pay (I2P) and Procure-to-Pay (P2P), reviewing the process that we follow and highlighting what has changed since the last release.

The E-Procurement, I2P and P2P customer reference set added 19 new individual customer references in Q3. There were no new providers added for Q3, although Zycus has successfully been scored against the new Q2 2019 RFI requirements for the first time.

As Jaggaer has unified three of its product lines — Jaggaer Indirect, Jaggaer Direct and Jaggaer Advantage — into Jaggaer One, which allows customers and prospects to select the best modules from each offering to fit an organization’s unique needs, Spend Matters has broken out the naming convention for the Jaggaer offerings more specifically for Q3 2019 SolutionMap in the persona ranking graphics. This means that in the E-Procurement category this quarter, the solution/product formerly known as Jaggaer Indirect is now listed as: Jaggaer eProcurement.

Please note: as none of the Jaggaer product lines have yet been evaluated against Q2 2019 RFI requirements by the Spend Matters analyst team, they are not able to appear in this quarter’s editions of the Provider Scoring Summaries. Please refer to the Q1 editions for their latest scoring.

Most of the providers participating in the Q3 2019 SolutionMap release for E-Procurement, I2P and P2P will fully update their RFIs in next quarter’s cycle (Q4 2019) and receive updated scoring following the submission and demonstration of new and updated capabilities based on production releases of their platform. (Non-GA capabilities are not considered in SolutionMap scoring.)

This SolutionMap Insider research note provides insight into these and additional changes in the Q3 2019 SolutionMap release.

(SolutionMap Insider members: access the Q3 Provider Scoring Summary reports right here.)

Q2 2019 E-Procurement: Provider Scoring Summary

This SolutionMap analyzes a select group of E-Procurement solution providers. It is part of our Q2 2019 SolutionMap report series, also featuring Spend Analytics, Sourcing, Supplier Management, Contract Management and Invoice-to-Pay providers. Our Q2 release also features SolutionMap for Procure-to-Pay and Strategic Procurement Technology suites.