Spend Matters has just released its 7th annual “50 Providers to Know/50 Providers to Watch” lists. Each year, Spend Matters’ technology analysts assess the capabilities for an array of companies across 13 market sectors and releases its lists of 100 vendors in the industry. These represent the best-in-class companies you need to know about as well as the up-and-coming, growing firms to keep your eye on.
Providers to Know
Among this year’s vendors are 11 companies that have earned the “50 Providers to Know” distinction each of the seven years the lists have been published! These include Accenture, Achilles, Basware, Beeline, Coupa (including Trade Extensions and Spend 360), Deloitte Consulting, GEP, Insight Sourcing Group (including SpendHQ), Ivalua, Jaggaer and The Hackett Group. These vendors sit alongside AppZen and Rosslyn Analytics, which are brand-new “to Know” companies for 2020.
Providers to Watch
Eight vendors jumped from the Watch to the Know list in 2020, they are Agiloft, Celonis, ConnXus, Lease Accelerator, MBO Partners, NPI, Per Angusta and Tipalti. More than half of the “50 Providers to Watch” list represents new honorees, with 34 new companies included, four of which are start-ups featured on the 2019 Spend Matters “Future 5” list — Bid Ops, Fairmarkit, Negotiatus and SupplyHive.
This year’s digital release of the lists will be accompanied by social and video content to spread the word throughout the procurement community leading up to the digital SIG Procurement Technology Summit, beginning May 11.
To be considered by the Spend Matters analyst team for next year’s 50 to Watch/Know lists, procurement service providers can create a free listing in the Spend Matters’ Almanac, the most comprehensive directory of procurement and supply chain solution providers and the go-to resource for practitioners looking to make a tech selection. The Almanac contains 500+ vendor descriptions across 25 service/technology categories as well as listings of unbiased Spend Matters’ analyst insights and related articles in the “our view” and “our coverage” sections.
Spend Matters’ Chief Research Officer, Pierre Mitchell, will co-host a Q&A webinar with Lead Analyst Magnus Bergfors to explore what you should know about the procurement technology and service providers on the 2020 lists. The webinar will take place on Thursday, April 30, with a 10:00am Central start for European viewers and 12:00 noon Central start for U.S. viewers.
SIG has teamed up with Spend Matters to provide members access to Spend Matters’ SolutionMap Accelerator and associated knowledge base (Insider and PRO subscriptions) at a discounted rate.
Stacy Mendoza is a Senior Marketing Manager with Sourcing Industry Group (SIG). She began her career as an editor for a Washington, D.C.-based market research firm where she worked on projects for political campaigns, nonprofits, and major corporations and brands. Since 2014, she has assumed progressive levels of responsibility in leading marketing and public relations campaigns and specializes in content creation, social media marketing, data analytics, media relations and crisis communications. Stacy holds a Bachelor of Arts degree in English from The Florida State University in Tallahassee, Florida, a certificate in proposal writing from The Graduate School in Washington, D.C., and is Inbound Certified through Hubspot Academy. Follow her on Twitter and tweet at @SIG_Stacy.