SolutionMap: 59 procurement software companies ranked (Q4 2019 Update)

Spend Matters has released its Q4 2019 SolutionMap procurement technology benchmark rankings of 59 procurement software companies across 12 solution categories. Based on equal parts objective technology capability ranking (done by our analysts every quarter) and customer feedback scores with set weightings, SolutionMap evaluates vendors in the following categories: E-Procurement Invoice-to-Pay (I2P) Procure-to-Pay (P2P) Source-to-Pay (S2P), a suite view that includes all P2P and strategic procurement technologies’ categories Sourcing Spend & Procurement Analytics Contract Lifecycle Management (CLM) Supplier Relationship Management (SRM) & Risk Strategic Procurement Technologies, a suite view that includes Sourcing, Analytics, CLM and SRM Contingent Workforce & Services Enterprise Technology, which maps Contract Services/Statement of Work (SOW), Temp Staffing, and Direct Sourcing of Workforce/Services* (DSW/S). *Last quarter, Spend Matters renamed the “Independent Contingent Workers (ICW)” category to “Direct Sourcing of Workforce/Services (DSW/S)” to reflect industry developments — yet not to be confused with direct materials sourcing. In total, [...]

Q4 2019 SolutionMap Release Notes: Sourcing, Spend & Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management and Strategic Procurement Technology Suites [SolutionMap]

This Spend Matters SolutionMap Insider research note provides insight into the Q4 2019 SolutionMap release for Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management, and Strategic Procurement Technologies Suite SolutionMap areas, reviewing the process we follow and highlighting what has changed since the last release.

Within the individual areas covered in this brief, the following providers have been added to the Q4 2019 release:

— Promena is a new participant in the Sourcing SolutionMap category.
— Spendata is a new participant in the Spend & Procurement Analytics SolutionMap category.
— Vendorful is a new participant in the Sourcing and Supplier Relationship Management (SRM) & Risk SolutionMap categories.

Wax Digital has added a new category to its existing participation this quarter: Contract Lifecycle Management (CLM).

In addition, 31 new or refreshed customer references (and 51 individual map references) were added in the Strategic Procurement Technology areas for Q4 2019.

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

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.

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