Spend Matters 50/50: BuyerQuest – A Provider To Watch in 2015

100 companies - 100 days

We announced here and here our two (not ranked) lists: Spend Matters 50 To Know and 50 To Watch firms for 2015/2016. In the first case, this is our view of the 50 solution provider type organisations in the procurement industry that every senior procurement leader should be aware of and understand. The 50 To Watch are the up-and-coming firms  - those with interesting and relatively new solutions for our market. The 50 To Know are the key organisations in our industry that procurement executives need to have on their radar.

Having announced the lists, our US colleagues are now featuring each of the 100 firms in turn with an article giving an overview of each, with some headline Spend Matters thoughts on them. So on this site we will be giving you a brief extract of the US article, plus adding our own comments where we have anything useful to add from a European perspective. Sometimes we do, sometimes we don’t!

Here is what our US colleagues had to say about BuyerQuest.

"Occasionally, a procurement technology provider surfaces that competes far above its pay grade (i.e., size) when it’s only recently out of the starting gates. BuyerQuest is among a select group of next generation procurement solutions providers that have gone to school on previous generations of technology and are winning large-scale deployments."

"BuyerQuest excels at delivering capability in highly complex indirect and transactional procurement environments."

So what can we add? Not a great deal really, we have not had close experience of the organisation here in the UK or wider European environs. However, their core idea "that enterprise procurement should be just as easy as B2C eCommerce" is clearly very portable internationally, so if they succeed in North America, we suspect they will make their way across to us before too long. Watch this space.

You can read more detail in the US post here.

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