Grab a comfy sweater and a hot pumpkin spice latte (don’t judge): It’s time for the latest SolutionMap release.
With the launch of the 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.
If you’re new to SolutionMap, here are the basics:
- Methodology | Data Sources | Code of Ethics
- How we choose who participates / how to participate
- How SolutionMap compares to Gartner, Forrester, IDC in rating procurement technology
Here’s what you need to know about the Fall 2020 release:
- We changed what bubble sizes mean.
- 60% of vendors provided fresh RFI data. See this chart below:
Vendors with new or refreshed Customer references:
- AvidXchange - new
- Corcentric Payables (COR360) - new
- Determine (Corcentric)
- EC Sourcing
- GraphiteConnect - new
- Ignite Procurement - new
- Infor - new
- Jaggaer ONE (Direct)
- Jaggaer ONE (Standard)
- Kodiak Rating - new
- Market Dojo
- McKinsey (Orpheus)
- ProcurePort - new
- Rosslyn Data Technologies
- SAP Ariba
- SourceDay - new
- State of Flux
- Symfact -new
- Uppler - new
- VORTAL - new
How to use SolutionMap (for free):
- Click here
- Choose your category from the drop-down
- Follow the steps below
The good stuff (that you have to pay for so we can keep the lights on)
Maps aren’t enough, I want to see granular comparisons
Vendor-by-vendor comparisons are part of a SolutionMap Insider subscription. If you’re a subscriber, log in to your account, read the Provider Scoring Summary (sample below) and compare vendors’ scores to your heart’s content:
Matchmaker matchmaker make me a (vendor) match
We would love to help you identify requirements, get to a shortlist and create the best RFI/RFP possible for your next technology project. We do this SUPER fast using SolutionMap data, saving you a ton of time, effort and money. Read more about tech selection.
I’m a vendor and I want to see hard numbers on how I stack up here
As a participant in SolutionMap, you get draft analyst scores against your self-scores. BUT WE HAVE MORE! Our Scoring Benchmark and Gap Analysis shows you final scoring at the line-item level, with percentages against the benchmark norm:
Talk to your client services manager to learn more about benchmarking.
I’m an investor and want to buy one of the companies in SolutionMap
Due-diligence programs are typically centered on transaction-specific advisory, but they can start at the investigatory phase of interest if you want to “get smart” on procurement solutions and adjacent markets as quickly as possible. We also offer bespoke post-LOI services. Contact Kevin Mallin to learn more about services for investors.
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.
Sheena is immersed in the inner workings of the procurement and supply chain industry through product development and delivery and day-to-day site and client management as Managing Director, North America. She has carefully cultivated an entertaining and insightful voice that links the Spend Matters brand to the worldwide procurement community. Sheena holds a BA in English Literature and Political Science from the University of Washington and an MA in English Literature from DePaul University. In her spare time, she coaches for Recovery on Water (a rowing team for breast cancer survivors), stays sane by going to hot yoga classes, and works together with her husband to fill their ever-expanding shelves with far too many books and vinyl records.