SolutionMap Explored with Spend Matters’ Analysts

Spend Matters released its E-Procurement SolutionMap(SM) in April - The first in a series of groundbreaking persona-based comparative vendor analyses for procurement professionals. Now it is time to bring on your questions, such as:

• What is the ranking and weighing process?
• How do the analysts decide whom to include in SolutionMap?
• How did you solicit customer input?
• What are the requirements to be considered on future iterations of SolutionMap?
• Email your questions to info@spendmatters.com

SolutionMap is geared towards today's technology buying climate. Instead of 1 “2/2” chart, there are 6 for the E-Procurement SolutionMap, 6 for Invoice-to-Pay (a separate solution area) and 6 for procure-to-pay (P2P) which includes E-Procurement and Invoice-to-Pay -- So, 18 different charts in total, based on different procurement personas to take organizational requirements into account – as well as the vendor’s unique value proposition and solution strategy. It sounds like a lot, but this is the type of detail that allows organizations to “self-select” for their own needs and persona(s). Also:

• Each participating vendor completed an extensive RFI including a mandatory 90-minute live demo — in certain cases, the demonstrations were longer and carried out over multiple sessions
• In addition to the analyst rating, SolutionMap includes a customer rating based on real-life experiences with the solution
• Any vendor can request to participate in the RFI process (start by creating a free http://spendmatters.com/almanac/listing)
• The comparative, persona-based graphics are available for free to everyone; Be sure to download your copy in advance of this webinar: http://spendmatters.com/research/solutionmap-e-procurement-q2-2017/)
• Finally, SolutionMap is updated quarterly post launch to actively reflect market developments (and more and more vendors participating in the process). In a cloud world, vendors often update their solutions monthly or quarterly — and analyses should reflect this.

Join the Spend Matters Analyst Team for a deep dive into all things SolutionMap!