SolutionMap Content

SolutionMap Fall 2020 new vendors (Part 3) — Symfact, AvidXchange, ProcurePort, SourceDay, graphiteConnect

On Oct. 1, Spend Matters launched the Fall 2020 update of its free-to-use SolutionMap, which evaluates procurement technology solutions on their technical capabilities and how customers rate them.

Twelve new vendors participated in the latest release, which has grown to evaluate 77 providers. Read our SolutionMap Fall 2020 launch post for more details, like how to use the benchmark tool for tech selection or how to get your solution into the mix.

We’re excited to introduce you to a few of the vendors who entered SolutionMap this time around:

  • Symfact
  • AvidXchange
  • ProcurePort
  • SourceDay
  • graphiteConnect

In our bios of the recommended new vendors, we will detail in which of our 13 technology categories they compete and where they rank (see the chart below), share some our analyst research written for subscribers to our PRO content, give feedback from our subscription SolutionMap Insider content called the Provider Scoring Summary reports (subscribers can use the summaries to compare vendors and their scores in more detail — see a sample summary). You’ll also hear from some vendors about being part of the SolutionMap benchmarking process.

SolutionMap Fall 2020 new vendors (Part 2) — Corcentric Payables (COR360), Uppler and Medius (Wax Digital)

On Oct. 1, Spend Matters launched the Fall 2020 update of its free-to-use SolutionMap, which evaluates procurement technology solutions on their technical capabilities and how customers rate them.

Twelve new vendors participated in the latest release, which has grown to evaluate 77 providers. Read our SolutionMap Fall 2020 launch post for more details, like how to use the benchmark tool for tech selection or how to get your solution into the mix.

We’re excited to introduce you to a few of the vendors who entered SolutionMap or joined a new category this time around:

  • Corcentric Payables (COR360)
  • Uppler
  • Medius (Wax Digital)

In our bios of the recommended new vendors, we will detail in which of our 13 technology categories they compete and where they rank (see the chart below), share some our analyst research written for subscribers to our PRO content, give feedback from our subscription SolutionMap Insider content called the Provider Scoring Summary reports (subscribers can use the summaries to compare vendors and their scores in more detail — see a sample summary). You’ll also hear from some vendors about being part of the SolutionMap benchmarking process.

SolutionMap Fall 2020 new vendors (Part 1) — Ignite Procurement, Kodiak Rating and Vortal

On Oct. 1, Spend Matters launched the Fall 2020 update of its free-to-use SolutionMap, which evaluates procurement technology solutions on their technical capabilities and how customers rate them.

Twelve new vendors participated in the latest release, which has grown to evaluate 77 providers. Read our SolutionMap Fall 2020 launch post for more details, like how to use the benchmark tool for tech selection or how to get your solution into the mix.

We’re excited to introduce you to a few of the vendors who entered SolutionMap this time around:

  • Ignite Procurement
  • Kodiak Rating
  • Vortal

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.

SolutionMap rankings are updated to reflect a vendor’s number of customers, employees and revenue per customer

In past SolutionMap charts, a vendor’s “bubble size” solely indicated its number of customers. While that demonstrated some level of market penetration, it did not adequately convey a vendor's experience and resources to handle complex global deployments ... so, we updated it.

Customer reviews for AnyData in the new SolutionMap Customer Insights report

This week’s SolutionMap Customer Insights report focuses on customer reviews for AnyData, a procurement analytics vendor.

The applicable SolutionMap category for this report is in our ranking of Spend and Procurement Analytics solutions.

SolutionMap Insider members can read about AnyData in our latest report.

In each Customer Insights report, we provide a one-page summary of details from the SolutionMap peer review process. It includes ratings on how well the vendor meets its customers' expectations, three key differentiators for the vendor and a list of quotes from customers about the vendor’s greatest strengths.

2020’s top vendors named in new ‘50 Providers to Know’ and ‘50 Providers to Watch’ lists

The 2020 lists for Spend Matters’ “50 Providers to Know” and “50 Providers to Watch” have been published.

Each year we recognize 100 vendors in the industry as part of two lists: the best-in-class companies you need to know about and the up-and-coming, growing firms you should keep your eye on.

The 50 to Know and Watch lists are determined by the entire Spend Matters analyst team to represent the best of the commercial providers that serve enterprise-level procurement organizations. View the full 50 Providers to Know list in the Spend Matters Almanac. View the 50 Providers to Watch list here.

Customer reviews for Spendency are in the new SolutionMap Customer Insights report

This week’s SolutionMap Customer Insights report focuses on customer reviews for Spendency, a cloud-based offering known for its low-cost spend analytics features that are fast to stand up and inexpensive to deploy.

The applicable SolutionMap category for this report is in our ranking of Spend and Procurement Analytics solutions.

SolutionMap Insider members can read about Spendency in our latest report.

In each Customer Insights report, we provide a one-page summary of details from the SolutionMap peer review process. It includes ratings on how well the vendor meets its customers' expectations, three key differentiators for the vendor and a list of quotes from customers about the vendor’s greatest strengths.

Customer reviews for Procurence are in the new SolutionMap Customer Insights report

This week’s SolutionMap Customer Insights report focuses on customer reviews for Procurence, a provider of supplier management solutions that handle supplier quality management; supplier information, performance and risk; as well as aspects of relationship management.

The applicable SolutionMap category for this report is in our ranking of Supplier Relationship Management & Risk solutions.

SolutionMap Insider members can click here to read about Procurence in our latest report.

In each Customer Insights report, we provide a one-page summary of details from the SolutionMap peer review process. It includes ratings on how well the vendor meets its customers' expectations, three key differentiators for the vendor and a list of quotes from customers about the vendor’s greatest strengths.

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in

For the 2020 Spring/Q1 SolutionMap release, Spend Matters has charted which vendors participate in each of the 13 procurement technology categories that we evaluate and share with the public for free.

Click the headline to find all 69 vendors listed in the chart.

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.