SolutionMap Fall 2020 launches, now ranking 77 procurement technology vendors

The definitive procurement technology benchmark

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:

Here’s what you need to know about the Fall 2020 release:

60% of vendors provide fresh RFI data


Vendors with new or refreshed Customer references:
 

  • Agiloft
  • AvidXchange - new
  • BirchStreet
  • BuyerQuest
  • Corcentric Payables (COR360) - new
  • Coupa
  • Determine (Corcentric)
  • EC Sourcing
  • GEP
  • GraphiteConnect - new
  • Icertis
  • Ignite Procurement - new
  • Infor - new
  • Ivalua
  • Jaggaer ONE (Direct)
  • Jaggaer ONE (Standard)
  • Kodiak Rating - new
  • Market Dojo
  • McKinsey (Orpheus)
  • OpusCapita
  • Oracle
  • ProcurePort - new
  • Rosslyn Data Technologies
  • SAP Ariba
  • Scanmarket
  • Softco
  • SourceDay - new
  • State of Flux
  • Symfact -new
  • Taulia
  • Tipalti
  • Uppler - new
  • VectorVMS
  • VORTAL - new
  • Zycus


How to use SolutionMap (for free):

  • Click here
  • Choose your category from the drop-down
  • Follow the steps below

 

 procurement technology benchmark

 

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:

 Vendor-by-vendor comparisons

 

 

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:

  draft analyst scores

 

 

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.

Still have questions and want to talk to a real person? Our friendly client services team eagerly awaits your outreach: 

Jess Gertler: spend analysis, P2P, E-procurement, invoice-to-pay 

Kevin Mallin: sourcing, CLM, SRM, contingent workforce (all), tech selections, investors 

Jenny Draper: Source-to-pay, consulting firms 


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 Smith, Managing Director, Spend Matters

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.