Top 100 Companies in Procurement 2023

Page 1

COMPANIES

Knowledge Partners

2023 procurementmag.com

Wall of Fame

WORK

the World’s Digital Leaders
Connecting
WITH US

The World’s Fastest Growing Procurement & Supply Chain Event

26 - 27 September 2023

Business Design Centre, London

SPONSORSHIPS GET YOUR PASS

A BizClik Event

PROCUREMENT TEAM

EDITOR-IN-CHIEF

NEIL PERRY

CHIEF CONTENT OFFICER

SCOTT BIRCH

MANAGING EDITOR

NEIL PERRY

CHIEF DESIGN OFFICER

MATT JOHNSON

HEAD OF DESIGN

ANDY WOOLLACOTT

FEATURE DESIGNERS

MIMI GUNN

SOPHIE-ANN PINNELL

HECTOR PENROSE

SAM HUBBARD

REBEKAH BIRLESON

JULIAN WAINRIGHT

ADVERT DESIGNERS

JORDAN WOOD

DANILO CARDOSO

CALLUM HOOD

VIDEO PRODUCTION MANAGER

KIERAN WAITE

SENIOR VIDEOGRAPHER

HUDSON MELDRUM

DIGITAL VIDEO PRODUCERS

ERNEST DE NEVE

THOMAS EASTERFORD

DREW HARDMAN

SALLY MOUSTAFA

PRODUCTION DIRECTORS

GEORGIA ALLEN

DANIELA KIANICKOVÁ

PRODUCTION MANAGERS

JANE ARNETA

MARIA GONZALEZ

YEVHENIIA SUBBOTINA

MARKETING MANAGER

ANDREW STUBBINGS

MEDIA SALES DIRECTOR

JAMES WHITE

MANAGING DIRECTOR

LEWIS VAUGHAN

CEO

GLEN WHITE

WELCOME TO THE 2023 TOP 100 COMPANIES LIST

It is with great pleasure Procurement Magazine presents our Top 100 Companies in Procurement 2023.

There has been nothing short of an explosion of innovation and technical progression in the sector in the last year, as the exciting influence of AI powered solutions permeates every corner of technology and strategy.

The arrival of that kind of progress will always make a list of this kind a challenging exercise, as so many inspiring companies could make a case for higher positions on the table, and many others not included have outstanding stories to tell.

Every player in the field has something to offer, whether they are an established multi-national, or a invigorated start-up with a fresh approach or idea, we can all learn something from such a diverse group of exciting businesses.

Neil Perry

neil.perry@bizclikmedia.com

FORE WORD PROCUREMENTMAG.COM 5
PROCUREMENT MAGAZINE IS PUBLISHED BY © 2023 | ALL RIGHTS RESERVED

COMING SOON AWARDS

2024

The Global Supply Chain Awards 2024 will be celebrating the very best in Procurement & Supply Chain with the following categories:

Procurement Transformation Award

–Digital Supply Chain Award –Global Logistics Award –Supplier Diversity Award –Supply Chain Innovation Award –Supply Chain Sustainability Award –Procurement Technology Award

Procurement Consultancy Award –Future Leader Award –Executive of the Year Award –Project of the Year Award –Lifetime Achievement Award

GET
SPONSORSHIPS
INVOLVED

100 H&Z Management Consulting

Founded in 1997

CEO: Harald Enz

http://www.hz.group/https://www.linkedin. com/ company/h&zbusiness-consulting/

Based in Munich, Germany, and founded in 1997, H&Z Consulting prides itself on consulting with ‘head, heart and hand’. They offer more than successful strategy development, as their experts design, manage and accompany transformation processes with measurable results. Their focus is on strategy and performance, procurement, transformation and sustainability –where H&Z is one of the leading consultancies.

Business Consulting and Services

United Kingdom

99 Vendigital

Founded in 2000

CEO: Roy Williams

http://www.vendigital.com/https://www.linkedin. com/ company/vendigital-ltd/

Founded in 2000 in London, Vendigital delivers data-led accelerated cost transformation. They achieve this by combining consulting expertise and a proprietary digital platform – through their Insights360 methodology – to achieve measurable and sustainable cost reductions for clients.

Recognised as a top 20 management consultancy by the Financial Times, they work across procurement; supply chain; cost and value engineering; and operating strategy to transform clients’ cost bases at pace and deliver benefits to their bottom line.

Business Consulting and Services

United Kingdom

8 2023 TOP
100 COMPANIES

98 Precoro

Founded in 2015

CEO: Andrew Zhyvolovych

https://precoro.com/https://www.linkedin. com/ company/ precoro/

Founded in 2014 and based in Brooklyn, New York, Precoro is a leading provider of cloudbased procurement and AP automation solutions.

They have empowered companies from over 80 countries, including the USA, UK, Europe, and Asia, to revolutionise their purchasing experience. Through digitisation, Precoro helps businesses enhance efficiency and simplify complex day-to-day operations.

Precoro’s platform equips procurement and finance managers with the tools to eliminate paperwork, centralise purchasing processes, enhance spending visibility, and mitigate human errors.

Challenging the notion that purchasing software is expensive, difficult to implement, and user-unfriendly, Precoro is reshaping industry perceptions.

Software Development

United States

97 Prenax

Founded in 1993

CEO: Fredrik Petersson

https://www. prenax.com/https://www.linkedin. com/ company/ prenax-global/

Headquartered in Courbevoie, Ile-de-France, Prenax is a globally renowned company that provides outsourced procurement and management services for subscription-based resources. Founded in 1993 by two former IBM employees in Sweden, Prenax has been dedicated to creating a subscription management system tailored to the needs of corporate and service-oriented industries. Prenax has expanded its operations with offices in the UK, France, the US, and APAC regions. Through a combination of strategic acquisitions and organic growth, Prenax has become the leading global supplier of subscriptions, memberships, books, reports, databases, and large licences. In November 2020, Prenax further solidified its position by acquiring LM Information.

Information Services

France

TOP 100 COMPANIES PROCUREMENTMAG.COM 9

96 Suplari

Founded in 2016

CEO: Nikesh Parekh

https://suplari.com/https://www.linkedin. com/ company/suplari-inc./

Founded in 2017 and based in Seattle, Suplari is a pioneering Spend Agility™ company. They have developed the industry’s first-ever Spend Intelligence Cloud, empowering finance, procurement, and business leaders to optimise sourcing, forecasting, risk management, and compliance collaboratively and continuously.

Suplari enables mid-size and large enterprises to achieve spend agility by automating data, spend analytics, and actionable recommendations.

Suplari joined forces with Microsoft, sharing a common vision of a data-driven future and the transformative power of AI.

The collaboration with Microsoft’s expertise in AI and cloud technology amplifies Suplari’s ability to deliver immediate return on investment and sustained long-term success.

Software Development

United States

95 Alvarez & Marsal

Founded in 1983

CEO: Bryan Marsal

http://www. alvarezandmarsal. com/https://www.linkedin. com/ company/ alvarez-&-marsal/

Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to drive change and achieve results. Privately held since its founding in 1983 in New York, A&M is a leading global professional services firm that provides advisory, business performance improvement and turnaround management services.

They employ more than 8,000 people across six continents.

Business Consulting and Services

United States

10 2023 TOP 100 COMPANIES

94 4C Associates

Founded in 2000

CEO: Simon Terry

http://www.4cassociates. com/https://www.linkedin. com/ company/4c-associates/

Founded in 2000 in London, 4C Associates work in the field of business consulting and services, 4C is a leading commercial, supply chain and operations consultancy that harnesses the power of people and collaboration to build transformative solutions that create sustainable impact for their clients and society.

They are passionate about delivering transformative solutions for sustainable impact, and their success is measured by the positive change they help their clients achieve.

Business Consulting and Services

United Kingdom

93 Vizibl

Founded in 2014

CEO: Richard Hogg

https://www.vizibl.co/https://www.linkedin. com/ company/vizibl/

Vizibl is a company that prioritises collaboration, innovation, and sustainability as key elements in supplier relationships. Their digital platform empowers enterprise organisations and their suppliers to manage all of their partnerships. Vizibl facilitates the exploration of new revenue opportunities, fosters the development of innovative products and solutions, and supports joint efforts towards achieving sustainability targets. By aligning suppliers with business objectives, Vizibl ensures the delivery of mutual value. It connects the extended ecosystem, and its platform offers a space for collaboration and streamlined operations. Vizibl was founded in 2014 and operated out of London, and its mission is to revolutionise how companies work together to build truly valuable, sustainable relationships.

Software Development

United Kingdom

TOP 100 COMPANIES PROCUREMENTMAG.COM 11

92 Fluxym

Founded in 2002

CEO: Philippe De La Villardiere

fluxym.com/https://www.https://www.linkedin. com/ company/ fluxyms2p/

Fluxym is a globally recognised authority in Procurement and Finance process automation. They offer comprehensive support to businesses in evaluating their existing organisation and processes, facilitating their procurement digital transformation journey. Fluxym seamlessly integrates best-in-class solutions, including Source-to-Contract, Procureto-Pay, Contract Lifecycle Management, and Travel and Expenses, into clients’ IT ecosystems. With a rich history spanning two decades, Fluxym has successfully contributed to the procurement transformation of over 360 companies across the globe. Their expertise and operational presence in France (Paris, Lyon, Bordeaux), North America (Montreal, Toronto, New York), and Asia Pacific (Singapore) make Fluxym the trusted advisory partner for organisations seeking to elevate their operational excellence to new heights.

Software Development

France

91 Supplier.io

Founded in 2011

CEO: Aylin Basom

https://supplier.io/https://www.linkedin. com/ company/supplierio/

Supplier.io from Chicago is a leading provider of solutions for supplier diversity programs. Their comprehensive offerings enable supplier diversity managers and chief procurement officers to implement effective programs that drive growth in diversity spend, enhance supply chain competitiveness, and elevate brand value. Supplier.io is trusted by 50% of the Fortune 100 and 50% of the Billion Dollar Roundtable, attesting to their widespread adoption. Leveraging their data, software, and expert guidance, they offer valuable services, including data enrichment for evaluating diverse spending, Supplier Explorer for discovering new diverse suppliers, spend reporting for analysing opportunities, tier 2 portal and program management, and economic impact assessments to quantify community benefits derived from these programs.

Software Development

United States

12 2023 TOP 100 COMPANIES

90

Booz Allen Hamilton

Founded in 1914

CEO: Horacio D. Rozanski

http://www. boozallen.com/https://www.linkedin. com/ company/ booz-allen-hamilton/

IT services and consulting company

Booz Allen Hamilton is based in McLean, Virginia and was founded in 1914.

Trusted to transform missions with the power of tomorrow’s technologies, Booz Allen Hamilton combines in-depth expertise in AI and cybersecurity with leading-edge technology and engineering practices to deliver impactful solutions.

Combining more than 100 years of strategic consulting expertise with the perspectives of diverse talent, they ensure results by integrating technology with an enduring focus on their clients.

IT Services and IT Consulting

United States

89 Archlet

Founded in 2019

CEO: Tim Grunow

https://www.archlet.io/https://www.linkedin. com/ company/archlet/

Archlet is a user-friendly sourcing analytics platform that revolutionises data management for Procurement teams. By streamlining data collection, storage, and analysis, Archlet simplifies the entire process. With automated bid analytics, strategic sourcing managers gain valuable insights instantly, empowering them to maximise negotiation power and allocate more time to strategic tasks. Trusted by global enterprises, Archlet plays a pivotal role in eliminating inefficiencies from the sourcing process and enabling faster, informed decision-making. Its intuitive interface and robust functionality provide Procurement teams with a comprehensive solution for enhancing their operations. Archlet’s focus on simplicity and efficiency makes it a go-to platform for organisations aiming to optimise their sourcing activities and drive better outcomes.

Switzerland

Software Development
TOP 100 COMPANIES PROCUREMENTMAG.COM 13

88 Keelvar

Founded in 2012

CEO: Alan Holland

https://www.keelvar. com/https://www.linkedin. com/ company/keelvar/

Keelvar is a dedicated provider of advanced procurement solutions, aiming to enable procurement teams worldwide to achieve sourcing excellence. Their platform harnesses the power of unique artificial intelligence, meticulously crafted by category experts, to deliver substantial cost savings and operational enhancements for global enterprises such as Siemens, Coca-Cola, Samsung, Novartis, and more. Founded within Europe’s largest AI research lab, Keelvar boasts a team of computer scientists and engineers specialising in AI, optimization, and game theory, all strategically applied to the realm of strategic sourcing. With $42 million in funding to date, the company continues to invest in product development and expand their global reach. Keelvar is headquartered in Cork, Ireland, with a diverse and dedicated workforce across the globe.

Software Development

Ireland

87 ZIP

Founded in 2020

CEO: Rujul Zaparde

https://ziphq.com/https://www.linkedin. com/ company/ theziphq/

Zip is an intake-to-procure solution, facilitating streamlined procurement processes for businesses. As a leading platform, Zip offers a centralised hub where employees can initiate purchase or vendor requests, enabling businesses to achieve clear and timely visibility across all purchases while enhancing the overall employee experience.

With its no-code configuration and intelligent workflows, Zip seamlessly integrates with various systems, automating the routing of requests for faster approval across multiple teams, including finance, legal, procurement, IT, and security.

Prominent enterprises and high-growth startups, such as Databricks, Canva, Airtable, Webflow, and more than 100 others, trust Zip to streamline their procurement operations and provide a delightful user experience.

Software Development

United States

14 2023 TOP 100 COMPANIES

86 Vroozi

Founded in 2012

CEO: Shaz Khan

https://www.vroozi.com/https://www.linkedin. com/ company/vroozi/

Vroozi is a business spend management, marketplace, and accounts payable invoice automation platform that simplifies business purchasing and payables for mid-market and enterprise organisations. Its cutting-edge SpendTech platform revolutionises procurement and vendor invoice management through AI and ML capabilities, intelligently streamlining business processes and delivering robust functionality for companies of all sizes. By digitising operations, Founded in 2012 in California, Vroozi reduces transaction costs, enhances efficiency, and boosts business margins, while offering invaluable financial insights to stakeholders. Tailored to companies seeking comprehensive spend management, employee adoption, digital supplier connectivity, and real-time spend and payment visibility, Vroozi provides a seamless solution accessible from any location, at any time.

Software Development

United States

85 Arkestro

Founded in 2017

CEO: Edmund Zagorin

https://arkestro.com/https://www.linkedin. com/ company/arkestro/

Arkestro is a Predictive Procurement Orchestration Platform from San Francisco, revolutionising procurement’s influence by embedding desired outcomes into any system or process. With a focus on behavioural science, game theory, and predictive machine learning models, Arkestro empowers companies to optimise 100% of their spend in a systematic and efficient manner.

The inception of Arkestro was rooted in founder Edmund Zagorin’s experience as a procurement consultant, where he observed the substantial time and effort sourcing teams expended on collecting and comparing supplier quotes. Arkestro’s concept of “active monitoring” addresses this challenge by significantly enhancing cycle time, reducing manual data entry and analysis, and eliminating the need for user adoption, training, or login, except for Admin-level users. The platform strives to deliver tangible business impact without hassle.

Technology, Information and Internet

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 15

84 Oliver Wyman

Founded in 1984

CEO: Nick Studer

http://www. oliverwyman. com/https://www.linkedin. com/ company/ oliver-wyman/

Oliver Wyman is a global leader in management consulting, with offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organisation transformation. The firm has more than 5,000 professionals around the world who work with clients to optimise their business, improve their operations and risk profile, and accelerate their organisational performance to take on the most attractive opportunities.

Business Consulting and Services

United States

83 Aravo Solutions

Founded in 2000

CEO: Michael Saracini

https://aravo.com/https://www.linkedin. com/ company/ aravo-solutions/

Aravo delivers intelligent automation-powered third-party risk and resilience solutions, and has been at the forefront of the industry for over two decades. With a combination of technology and domain expertise, Aravo has helped brands worldwide to accelerate their third-party management programs. Built on user-friendly, agile, and scalable technology, Aravo’s solutions enable complex organisations to keep pace with rapid regulatory changes. Serving as a centralised system of record, Aravo provides a view of the entire third-party ecosystem throughout the relationship lifecycle, spanning intake to off-boarding and all stages in between. Based in San Francisco, Aravo aids in managing risk and enhancing the performance of over 6 million organisations worldwide.

Software Development

United States

16 2023 TOP 100 COMPANIES

82 Logility

Founded in 1996

CEO: Mike Edenfield

https://www.logility.com/https://www.linkedin. com/company/logility/

Logility were founded in 1996 in Atlanta, and as a leading provider in accelerating the digital sustainable supply chain, empowers companies to seize new opportunities, adapt to market dynamics, and manage complex global businesses. Leveraging the Logility Digital Supply Chain Platform, which integrates artificial intelligence and analytics, businesses can automate planning, streamline cycle times, improve operational performance, and achieve greater visibility. The platform aids sales and operations planning, demand and inventory planning, global sourcing, quality and compliance management, product lifecycle management, supply and inventory optimisation, manufacturing planning and scheduling. As a wholly owned subsidiary of American Software, Inc. Logility continues to drive smarter and faster decision-making for businesses worldwide.

Software Development

United States

81 Proactis

Founded in 1996 CEO: Tim Sykes

https://www.proactis. com/https://www.linkedin. com/ company/ proactis-group/

Proactis are a leading Source-to-Pay software provider, specialising in empowering mid-market organisations in service-led industries. Their modular platform enables customers to achieve control over spend, manage supply-chain risk, enhance compliance and governance, reduce costs, and drive efficiencies through digitisation and automation. Proactis offer a value-led proposition, making it an ideal partner for ERP systems, allowing for greater control, visibility, and efficiency. With a modular approach tailored to mid-market resources, budgets, and priorities, implementation is seamless, providing rapid access to long-term benefits. Headquartered in Wetherby, UK, they are committed to delivering excellence in procurement solutions and serve a rapidly growing client base of over 1,100 corporate and public sector organisations.

IT Services United Kingdom TOP 100 COMPANIES PROCUREMENTMAG.COM 17

80 Barkers Procurement

Founded in 2014

CEO: Warren Ward

http://www. barkersprocurement. com/https://www.linkedin. com/ company/ barkersprocure/

Barkers is a multi-award-winning, carbonneutral, procurement consultancy offering specialist procurement and supply services across a variety of industries, including the utility sector, land, property, construction, IT, public sector and beyond.

They offer client-focused procurement services ranging from cost transformation projects to complex procurement transformations.

They are digital procurement specialists and are approved Coupa implementation partners within the UK and Ireland, winning a Spartan award at Coupa Inspire 2023.

Business Consulting and Services

United Kingdom

79 TealBook

Founded in 2014 CEO: Stephany Lapierre

https://www. tealbook.com/https://www.linkedin. com/ company/ tealbook/

TealBook was founded in 2015 and based in Toronto and is helping to transform the supplier data market. Powered by AI and machine learning, TealBook autonomously maintains and refines supplier master data, driving e-procurement technology, supplier diversity, and performance. Its mission is to empower the digital enterprise by transforming the supplier data market. Supplier intelligence is built through advanced data gathering, prediction, and refinement, providing organisations with accurate, harmonised, and refreshed data. With state-of-the-art machine learning, TealBook delivers high-quality supplier data that surpasses traditional, manual methods. By continually expanding partnerships, and integrations, TealBook accelerates its data roadmap to advance the world through superior supplier data.

Software Development

Canada

18 2023 TOP 100 COMPANIES

78

Tamr

Founded in 2012

CEO: Andy Palmer

https://www. tamr.com/https://www.linkedin. com/ company/ proquratechnologies/

Miami based Proqura simplifies running and managing intricate procurement processes, saving their customers time and cutting costs.

Proqura started in 2020 with a vision to help small and medium sized businesses minimise their costs through systematic and competitive procurement. They shape their business around the core values of going the extra mile, keeping your eye on the horizon and always keeping improving. Their tools allow customers to gain comprehensive visibility into their business spend through insightful analytics, enabling cost reduction and minimising unnecessary expenses. They serve small and medium sized companies all over the world, providing an affordable and easy-to-use solution that can immediately help them start saving time and money.

Software Development

United States

77

Fairmarkit

Founded in 2017 CEO: Kevin Frechette

https://fairmarkit.comhttps://www.linkedin. com/ company/fairmarkit/

Fairmarkit is an autonomous sourcing platform leveraging automation and AI with the aim to revolutionise tail spend. Procurement teams utilise Fairmarkit to efficiently manage 10 times the number of events per full-time equivalent (FTE), yielding savings of $40k per buyer per week through AI-driven supplier recommendations. Established in 2017, Fairmarkit is headquartered in Boston, Massachusetts. Their ultimate goal is to empower organisations to procure goods and services in the most efficient manner, achieved through cuttingedge technology. By harnessing the power of data and automation, Fairmarkit aims to create seamless experiences for buyers and suppliers while fostering healthy market competition, thereby driving value for all stakeholders involved.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 19

76

Cognizant

Founded in 1994

CEO: Ravi Kumar S

https://www. cognizant.com/https://www.linkedin. com/ company/ cognizant/

Cognizant engineers modern businesses.

Their aim is to help their clients modernise technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world.

Together, the target is to improve everyday life.

Their IT services and consulting business is based in Teaneck, New Jersey but has locations all over the world.

They focus on IoT, AI, software engineering and cloud – the technologies that are changing the nature of business.

IT Services

United States

75 BirchStreet

Founded in 2002

CEO: John Fay

https://www. birchstreetsystems.com/https://www.linkedin. com/ company/ birchstreet-systems/

Founded in 2002, BirchStreet Systems has emerged as a leading Procure-to-Pay SaaS Market Leader, offering initiatives across the hospitality sector. By collaborating closely with major hospitality establishments, we empower their procurement and finance departments to leverage technology for tangible bottom-line outcomes. The solutions cater to the unique and intricate requirements of the hospitality industry. This collaborative approach enables actionable visibility, control over direct materials spend, risk mitigation, and workflow efficiencies. BirchStreet software focuses on enhancing business processes by automating eProcurement, AP Automation, Inventory Control, Recipe Management, Executive Dashboards, and Capital Budget Management modules. The aim is to empower stakeholders, enabling informed and confident decision-making that generates measurable savings and stronger business results.

Software Development

United States

20 2023 TOP 100 COMPANIES

74 Prewave

Founded in 2017

CEO: Harald Nitschinger

https://www. prewave.com/https://www.linkedin. com/ company/ prewave/

Founded in 2017 by Dr. Lisa Smith and Harald Nitschinger, Prewave was born out of their exploration of machine learning’s potential in analysing social media data to identify supplier risks. The concept was validated through a postgraduate thesis and multiple research trips to Indonesia, culminating in the successful implementation of the model in real-world scenarios. Today, Prewave remains dedicated to its mission of advancing supply chain sustainability, resilience, and transparency, one risk alert at a time. Serving as a comprehensive solution, Prewave covers every aspect of supply chain risk management, from identification and analysis to mitigation and reporting. The platform offers an end-to-end approach, fostering a sustainable supply chain for the future. IT

73 AWS Market Place

Founded in 2012

CEO: Stephen Orban

http://aws.amazon. com/https://www.linkedin. com/ company/ amazonweb-services/

Founded in 1994, AWS Marketplace provides its customers with software tailored to meet the need of a wide variety of users to deliver procurement at speed. AWS marketplace allows users to access solutions from a variety of vendors that can be implemented quickly. Third-party sellers in AWS Marketplace offer flexibility, decreased transaction friction, standardised licence terms, vendor insights, and professional services. AWS Marketplace provides a curated digital catalogue to make it easy to find, test, buy, and deploy third-party software for procurement. IT

IT
Services and
Consulting Austria
IT
United
TOP 100 COMPANIES PROCUREMENTMAG.COM 21
Services and
Consulting
States

72 Procurify

Founded in 2012

CEO: Aman Mann

https://procurify.comhttps://www.linkedin. com/ company/procurify/

Procurify is an Intelligent Spend Management company, and is committed to providing organisations with unparalleled visibility and control over their business expenditure. Based in Vancouver and founded in 2013, their mission revolves around consolidating spend management into a single procure-to-pay solution, enabling customers to capture unified spend data and unlock significant time and cost savings, potentially amounting to millions of dollars. Recognised as the top Purchasing Leader by G2, Procurify has earned the trust of numerous customers globally, managing a collective organisational spend exceeding US$30 billion. The company integrates with major ERP accounting systems like NetSuite and QuickBooks Online, ensuring smooth interoperability and enhanced operational efficiency.

Software Development

Canada

71

AppZen

Founded in 2012

CEO: Anant Kale

https://appzen.comhttps://www.linkedin. com/ company/ appzen/

AppZen is a pioneer in autonomous spend-topay software and operates patented artificial intelligence technology. Leveraging this innovation, organisations can efficiently analyse vast amounts of data from multiple sources, gaining valuable insights into enterprise spend and making informed business decisions. AppZen integrates with existing accounts payable, expense, and card workflows, enabling real-time decision-making based on the organisation’s unique spend profile. As a result, processing times are expedited, and instances of fraud or duplicate spend are significantly reduced. Companies all over the world rely on AppZen’s solutions for invoice management, expense tracking, and card transactions, replacing manual finance processes and enhancing the agility of their operations. The company was established in 2012 in San Jose, California.

Software Development

India

22 2023 TOP 100 COMPANIES

70 Vendr

Founded in 2018

CEO: Ryan Neu

http://www. vendr.com/https://www.linkedin. com/ company/ vendr-co/

Vendr is forever changing how companies find, buy, renew and manage SaaS.

With over billions in SaaS purchases across 2,500+ suppliers, the Vendr SaaS buying platform enables the world’s fastest-growing companies to purchase SaaS, without friction and at a fair price.

Headquartered in Boston with a second location in Charleston and over 400 employees, Vendr is a privately held company founded in 2019 by Ryan Neu.

Technology, Information and Internet

United States

69 Google Cloud

Founded in 1998

CEO: Sundar Pichai

https://www. google.comhttps://www.linkedin. com/ company/ google/

Founded in 1998, Google is dedicated to organising the world’s information and make it universally accessible and useful. Leveraging cutting-edge technology, Google Cloud helps organisations to accelerate their ability to digitally transform their business and industry. With its enterprise-grade solutions to drive sustainable development, Google Cloud has customers in more than 200 countries and territories and is valued as a trusted partner to enable growth and solve critical business problems.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 23

68 Agiloft

Founded in 1990

CEO: Eric Laughlin

https://www. appzen.com/https://www.linkedin. com/ company/agiloft/

As a global leader in contract lifecycle management (CLM) software, Agiloft is trusted to provide significant savings in purchasing, enable more efficient legal operations, and accelerate sales cycles, all while drastically lowering compliance risk. Agiloft’s adaptable no-code platform ensures rapid deployment and a fully extensible system. Using contracts as the core system of commercial record, Agiloft’s CLM software uses AI to improve contract management for legal departments, procurement, and sales operations. They say they are on a mission to deliver Contract Lifecycle Management without limitations through agility, seamless extensibility, and deep expertise in order to transform contracts into relationships and as a trusted solution provider and partner, help organisations become more agile with applications that work the way they do.

Software Development

United States

67 Microsoft Dynamics 365

Founded in 1993

CEO: Satya Nadella

https://community. dynamics.com/https://www.linkedin. com/ company/ microsoft-dynamics-365community/

For almost 50 years, Microsoft has been innovating in the technology industry. Sine its founding in 1975, Microsoft has been dedicated to empowering every person and every organization to achieve more.

The company believes that technology can and should be a force for good and that meaningful innovation contributes not only to today, but a brighter future.

With Microsoft Dynamic 365 organisations can drive greater efficiency, reduce costs, and create a hyperconnected business that links people, data, and processes across an organisation. The solution helps those in procurement and supply chain maximise asset performance, transform operations, meet growing needs, adapt faster, and work smarter.

Software Development

United States

24 2023 TOP 100 COMPANIES

66 Xometry

Founded in 2013

CEO: Randy Altschuler

https://xometry.comhttps://www.linkedin. com/ company/ xometry/

Xometry is a leading AI-enabled marketplace for on-demand manufacturing, and is helping to revolutionise one of the world’s largest industries. Xometry leverages its proprietary technology to create a marketplace where designers and engineers can efficiently source high-quality on-demand manufactured parts and assemblies. Xometry’s innovative platform empowers manufacturing service providers, enabling them to expand their businesses. Catering to a diverse range of buyers, from self-funded startups to Fortune 100 companies, Xometry offers an online quoting portal and a vast network of manufacturing facilities. This ensures rapid lead times and a wide range of capabilities, including CNC Machining, 3D Printing, Injection Molding, Sheet Metal Fabrication, Sheet Cutting, and Casting.

Software Development

United States

65 Aera Technology

Founded in 2017

CEO: Frederic Laluyaux

https://www. aeratechnology.com/https://www.linkedin. com/ company/ aera-technology/

Aera Technology is helping companies revolutionise enterprise decision-making with its transformative Decision Intelligence solutions. The cutting-edge Aera Decision Cloud platform seamlessly integrates with existing systems and data sources, enabling real-time and scalable business decision-making processes. Companies use Aera Technology to enhance their sustainability, intelligence, and operational efficiency. The platform makes realtime recommendations, takes action autonomously and learns from every decision that is made.

They believe in driving beyond digital transformation so that organisations can operate at internet speed and scale in the era of decision intelligence.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 25

BE READY global everything

shortage

Looking Forward: Deciding On The Next Cloud Procurement Solution For Your Organization

In this Global SAP webinar, Etosha Thurman (Chief Marketing and Solutions Officer, SAP) and guest speaker Patrick Reymann (Research Director, IDC) will share various perspectives such as how Machine Learning (ML) and Artificial Intelligence (AI) will help procurement solve problems. Anyone who registers will receive a complimentary copy of IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 2023 Vendor Assessment.

Speakers

Overview

Looking Forward: Deciding on the Next Cloud Procurement Solution for Your Organization

Wednesday, September 27, 2023

4 pm BST | 11 am EST | 8 am PST

Register now LIVE WEBINAR

64 Sovos

Founded in 1979

CEO: Kevin Akeroyd

https://sovos.comhttps://www.linkedin. com/ company/ sovos/

Sovos is a leading tax technology company, and recognises the transformative power of digital technology in the business world and impact on tax. Their comprehensive solution, the Sovos Intelligent Compliance Cloud, combines tax determination, e-invoicing compliance, and tax reporting on the secure and scalable S1 Platform. This allows their customers to adapt to regulatory changes, access crucial data, and adopt a global approach to tax. Sovos’ Intelligent Compliance Cloud reduces the burdens and risks of modern tax, covering various transactional tax regulations such as global tax determination and reporting, electronic invoicing compliance, electronic signature and archiving compliance, tax information reporting, automatic exchange of information automation, and beverage alcohol and regulated goods compliance.

Software Development

United States

63 Tipalti

Founded in 2010

CEO: Chen Amit

https://tipalti.comhttps://www.linkedin. com/company/tipalti/

Tipalti is a comprehensive global payables automation solution that simplifies the entire accounts payable and payment management workflow on a unified cloud platform. It provides seamless management of supplier payments, addressing various aspects such as supplier onboarding, tax compliance, invoice processing, global payments in multiple currencies and methods, communication of payment statuses, and payment reconciliation. By leveraging Tipalti, forward-thinking businesses can reduce their supplier payment workload by up to 80%, enabling efficient scaling and global expansion. It enhances financial and compliance controls while improving the payment experience for partners. They collaborate with more than 1500 companies, and help to elevate the efficiency of global supplier payments operations.

Software Development

United States

28 2023 TOP 100 COMPANIES

62 TransferMate

Founded in 2009

CEO: Sinead Fitzmaurice

https://transfermate.comhttps://www.linkedin. com/ company/ transfermate/

TransferMate is a global B2B payments technology firm that specialises in facilitating fast and seamless cross-border payments for companies. It has established itself as one of the key players in the industry, boasting an extensive range of payment licences across the globe. With licences covering 51 US states and territories, TransferMate supports trading activities in 162 countries and 134 currencies. Prominent financial institutions, fintech companies, and software providers choose to collaborate with TransferMate, using its expertise to deliver an enhanced user experience for their business clientele. By using TransferMate’s technology and global banking infrastructure, organisations gain access to competitive exchange rates, increased transparency, and streamlined reconciliation processes.

Financial Services

Ireland

61 Spendesk

Founded in 2016

CEO: Rodolphe Ardant

https://spendesk.comhttps://www.linkedin. com/ company/ spendesk/

Spendesk is a comprehensive spend management platform that provides complete visibility into company spend. Offering a 7-in-1 solution, Spendesk combines corporate cards, invoice payments, expense reimbursements, budgets, approval, reporting, compliance, and preaccounting in a single, scalable platform. Trusted by businesses from startups to established brands, Spendesk is designed to optimise time and cost efficiency throughout the entire spending process. It achieves this through 100% visibility, integrated automation, and an easily adoptable approval process. Businesses utilising Spendesk empower each employee to take responsibility for the company’s financial well-being.

Technology, Information and Internet

United Kingdom

TOP 100 COMPANIES PROCUREMENTMAG.COM 29

60 Suppeco

Founded in 2018 CEO: Sheldon Mydat

https://suppeco.comhttps://www.linkedin. com/ company/ suppeco/

London based Suppeco is a collaborative relationship platform for the customer-supplier ecosystem.

Suppeco was founded in 2017 and leverages customer-supplier relationships to drive service excellence, actionable visibility, and operational sustainability, whilst promoting innovation and growth across the ecosystem and supply chain.

Their customers appreciate the importance of going beyond contract performance. They seek to drive exponential value through the top line. The goal is to create a truly reciprocal relationship, exploring trust, values innovation, enhanced collaboration, shared responsibilities and thought leadership.

They say their mission is to enable businesses to create lasting and trusted, sustainable relationships, built to innovate and grow.

Software Development

United Kingdom

59 AvidXchange

Founded in 2000

CEO: Michael Praeger

https://avidxchange.comhttps://www.linkedin. com/ company/ avidxchange-inc-/

AvidXchange specialises in offering AP automation software and payment solutions to middle market businesses and their suppliers. They prioritise innovation and attribute it to their greatest asset: their team members. The company consists of driven entrepreneurs who thrive on innovation and success, driven by their commitment to serving customers. AvidXchange was founded in Charlotte, North Carolina in 2000 and has grown into a public company in 2021. They now help 8000 North American companies cut costs, increase efficiencies and improve visibility. They have also earned the trust of 965,000 suppliers paid through the AvidPay Network in the last five years.

Software Development

United States

30 2023 TOP 100 COMPANIES

58 Proxima

Founded in 1994

CEO: Gareth Evans

http://www. proximagroup. com/https://www.linkedin. com/ company/ proxima-group/

Founded in 1994, Proxima is a world-leading procurement and supply chain consultant that works alongside some of the largest and most successful businesses to help them spend money wisely and deliver purposeful and profitable change.

Offering an extensive suite of procurement consulting services focused on cost optimisation, organisational transformation, supply chain sustainability, and decarbonisation, Proxima is part of Bain & Company – a leading management consultancy. Together the two deliver integrated end-to-end procurement, supply chain, and supply chain sustainability offerings through experienced specialists immersed in businesses, and accelerating outcomes.

Proxima provides everything from assessments, through to strategy and transformation as one off assignments or ‘as a service’ solutions.

Business Consulting and Services

United Kingdom

57 Corcentric

Founded in 1998

CEO: Douglas W. Clark

https://corcentric.comhttps://www.linkedin. com/ company/corcentric/

Corcentric is a leading global provider of procurement and finance solutions. They offer a combination of technology and payment solutions complemented by robust advisory and managed services. Corcentric help procurement and finance business leaders by forming a strategic partnership to diagnose pain points and deliver tailor-made solutions for their unique challenges. Originally founded in 1996 and based in Cherry Hill, New Jersey, they approach their partnerships believing all businesses are one-of-a-kind, and they work with clients to design tailor-made solutions. From source-to-pay to order-to-cash to fleet management, they provide partners with expert advisory and managed services with industryleading software that enables them to focus on value creation while improving working capital.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 31

56 C2FO

Founded in 2008

CEO: Alexander C Kemper

https://c2fo.comhttps://www.linkedin. com/ company/c2fo/

Believing that all businesses should have access to the capital they need to fuel innovation, business prosperity, and economic growth, C2FO is the world’s on-demand working capital platform. C2FO provides fast, flexible, and equitable access to lowcost capital to two million businesses worldwide.

Utilising C2FO’s Name Your Rate technology and a suite of working capital solutions, companies can gain access to funds sooner unlocking billions in riskfree capital. C2FO’s mission is to ensure that every business has the capital it needs to thrive and deliver more than US$275bn in funding around the world.

Founded in 2008, C2FO is headquartered in Kansas City with global offices all working to build a better and more inclusive financial system. C2FO invented on-demand working capital as a way to unlock the trillions of dollars in cash tied up in lengthy payment cycles.

Financial Services

United States

55 Inverto

Founded in 2000

CEO: Daniel Weise

https://www.inverto. com/https://www.linkedin. com/ company/ inverto-gmbh/

Founded in 2000, Inverto is a BCG company and specialist in procurement and supply chain management consulting. Inverto has 400 employees and more than 20 years of expertise and experience in the world of procurement and supply chain. The consultant offers tailored, industry-specific strategies, consistent implementation, and measurable results.

Identifying and realising the potential for cost reduction and process optimisation for its clients and supporting the transformation of procurement, Inverto works with companies to develop strategies, increase efficiency and digitise procurement to help them remain competitive. Inverto has 12 locations in 10 countries and works with a variety of international clients, leading medium-sized companies, and some of the world’s leading private equity firms.

Business Consulting and Services

Germany

32 2023 TOP 100 COMPANIES

54 Airbase

Founded in 2017 CEO: Thejo Kote

https://airbase.comhttps://www.linkedin. com/ company/airbaseinc/

Headquartered in San Francisco, California, Airbase is a leading modern spend management platform founded in 2017. Typically it works with businesses that are 100-5,000 in size and is the best way to control spend, close the books faster, and manage financial risk.

Combining accounts payable automation, expense management, and corporate cards, Airbase guides procurement for all purchases from initial requests through to payment and reconciliation.

Leading the spend management category with its solutions, Airbase provides support for complex workflows, payments, and accounting for all nonpayroll spend. As a pioneer, Airbase continues to expand its service offerings with a relentless commitment to innovation and excellence.

Software Development

United States

53 Agora

Founded in 2013 CEO: Konstantin Trofimov and Vladimir Makarov

https://www.agora.io/en/talk-to-us/https://www.linkedin. com/ company/ agora-lab-inc/

Founded in 2014, Agora is a leading real-time engagement (RTE) platform. Agora’s mission is to make RTE ubiquitous, allowing everyone to interact with anyone in any app, anytime, anywhere.

Being a pioneer in real-time video and voice solutions, Agora provides developers with simple, flexible, and powerful APIs, to embed real-time voice, video, interactive streaming, chat, and artificial intelligence (AI) capabilities into their applications.

Providing round-the-clock support to thousands of customers in over 100 countries, Agora is headquartered in Santa Clara, California. It is a customer-centric company driven by results and fostering an environment that values teamwork, mindful communication, and excellence.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 33

52 Achilles

Founded in 1990

CEO: Paul Stanley

Home-https://achilles.comhttps://www.linkedin. com/ company/ achilles-group-limited/

For more than 30 years, Achilles has been protecting organisations’ business interests and reputations by providing unrivalled levels of supply chain transparency and carbon reduction and management. Founded in 1990, Achilles is a partner of choice when it comes to environmental, social and governance (ESG) and carbon management.

Specifically, Achilles specialises in supporting customers that require robust ESG reporting to fully comply with regulation, meet investor requirements and achieve their own ambitious sustainability goals.

Achilles operates in 17 locations around the world and is leading the charge when it comes to the battle against climate change, championing social justice and human rights, and is an expert on health, safety, and risk management.

Information Services

United States

51 Kofax

Founded in 1985

CEO: Reynolds C. Bish

https://kofax.comhttps://www.linkedin. com/ company/ kofax/

Founded in 1985, Kofax has been digitally transforming information-intensive workflows. Delivering its software and solutions through direct sales, services organisations, and more than 650 indirect channel partners and integrators, Kofax provides a rapid return on investment (ROI) to more than 25,000 customers.

Kofax currently operates in more than 60 countries in the Americas, EMEA, and APAC for those in financial services, insurance, government, healthcare, supply chain, and business process outsourcing.

Developing an intelligent automation platform, Kofax helps organisations to transform information-intensive business processes; reduce manual work and errors; minimise costs; and improve customer engagement.

Software Development

United States

34 2023 TOP 100 COMPANIES

50 The Smart Cube

Founded in 2003

CEO: Gautam Singh

https://www. thesmartcube. com/https://www.linkedin. com/ company/ the-smart-cube/

Founded in 2003, The Smart Cube (a WNS company), is a trusted partner for leading businesses around the world for high performing intelligence that answers critical business questions. Working with its clients

The Smart Cube explores how to implement these answers, faster, through custom research, advanced analytics and best of breed technology – enabling smart decision-making to improve business performance at the top and bottom line.

Together with WNS Denali, The Smart Cube delivers world-class solutions in procurement and supply chain advisory, managed services and digital transformation. It combines expert resources with leading technologies, merging human and artificial intelligence to deliver innovative solutions.

Business Consulting and Services

United Kingdom

49 Rimini Street

Founded in 2005

CEO: Seth Ravin

https://riministreet.comhttps://www.linkedin. com/ company/rimini-street/

Headquartered in Las Vegas, Rimini Street is a global provider of end-to-end enterprise software support, products and services. With operations globally, Rimini Street offers a comprehensive family of unified solutions to run, manage and support; customise; configure; connect; protect; monitor; and optimise enterprise applications, databases, and technology software.

Clients such as Oracle and SAP utilise Rimini Street to achieve better business outcomes, significantly reduce costs and reallocate resources for innovation.

Founded in 2005, Rimini Street reinvented enterprise software support to deliver a better experience and save money and it hasn’t stopped since. The company continues to innovate with end-to-end IT service, to extract the greatest value for its clients.

IT Services and IT Consulting

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 35

48 Navan

Founded in 2015

CEO: Ariel Cohen

https://navan.comhttps://www.linkedin. com/ company/ navan/

Navan – formerly known as TripAction – was founded in 2015, it is an ‘all-in-one super app’ that makes travel and corporate finance easier. Built on its founding principles that software should enable human connection; help businesses run operations efficiently and make better decisions; and meet the needs of users based on modern standards and expectations, Navan is reinventing this legacy category.

By utilising cloud, mobile, AI, and data science Navan has adopted a technology-first approach to help balance business needs with today’s modern standards. Currently, Navan has over 2,900 employees in 40 markets, providing regional inventory, local language support, and other capabilities to meet the needs of its global clients.

Software Development

United States

47 HICX

Founded in 2004

CEO: Costas Xyloyiannis

https://hicx.comhttps://www.linkedin. com/ company/hicx/

HICX believes in the critical role suppliers play in driving incremental value for companies. To allow seamless supplier relationships they have developed the world’s first Supplier Experience Platform. Organisations with a vast supplier bases can unlock the full potential of their investments in procurement suites and solutions throughout the supplier lifecycle. This approach allows companies to establish themselves as the preferred customer for their suppliers, enabling enhanced access to supplier innovation and products, especially during periods of constraint. With over 15 years of experience, HICX has successfully delivered supplier data and information management solutions to major organisations operating in highly regulated industries such as CPG, energy, manufacturing, aerospace, and defence.

Software Development

United Kingdom

36 2023 TOP 100 COMPANIES

46 EcoVadis

Founded in 2007

CEO: Pierre-François Thaler and Frédéric Trinel

https://ecovadis.comhttps://www.linkedin. com/ company/ ecovadis/

Founded in 2007, EcoVadis has quickly risen to be the world’s most trusted provider of business sustainability ratings. From global supply chains to financial institutions and public organisations, EcoVadis is relied upon to monitor and improve the sustainability performance of its business and trading partners.

EcoVadis is backed by a powerful technology platform and evidence-based ratings validated by a global team of experts. Its services are adaptable to more than 200 industry categories, 160 countries, and companies of all sizes.

Ecovadis provides industries and organisations with scorecards providing benchmarks, insights, and improvement guides for environmental, social, and ethical practices.

Information Services

France

45 Scanmarket

Founded in 1999

CEO: Betina Nygaard

https://scanmarket.comhttps://www.linkedin. com/ company/ scanmarket/

Scanmarket is a prominent source-to-contract (S2C) software provider renowned for its intuitive design and cutting-edge functionalities. With a deep understanding of the requirements of procurement, legal, and finance professionals, Scanmarket offers a comprehensive S2C solution. This solution encompasses strategic sourcing, contract lifecycle management, and thirdparty risk management applications, enabling organisations to streamline their procurement processes effectively. At Scanmarket, customer success is paramount, and they take pride in providing exceptional support to ensure user adoption. With a team of experts readily available, Founded in 1999, Scanmarket is committed to empowering their clients and driving the success of their S2C initiatives. The design and robust features of Scanmarket’s software make it a trusted choice for procurement professionals worldwide.

Software Development

Denmark

TOP 100 COMPANIES PROCUREMENTMAG.COM 37

44 Scoutbee

Founded in 2015

CEO: Gregor Stühler

https://scoutbee.com/https://www.linkedin. com/ company/ scoutbee/

Scoutbee drives better business outcomes by giving companies the actionable insights they need to perfect their supply base and advance strategic initiatives, such as risk management, ESG, and innovation. The Scoutbee Intelligence Platform (SIP) uses graph technology and predictive and prescriptive analytics to deliver holistic supplier visibility that helps procurement make confident supplier decisions, drive crossfunctional efficiency, and optimise their existing technology investments. Scoutbee’s AI-powered data foundation connects teams to any data point – internal, external, third-party, and more – and any data combination necessary to orchestrate a resilient, competitive, and sustainable supply base.

Software Development

Germany

43 McKinsey & Company

Founded in 1926

CEO: Bob Sternfels

http://www. mckinsey.com/https://www.linkedin. com/ company/ mckinsey/

As trusted advisors to the world’s leading businesses, governments, and institutions, McKinsey & Co. – founded in 1926 – has been consulting the private, public, and social sectors for almost 100 years. The consultant’s scale, scope, and knowledge allows it to address problems no one else can. Boasting not only deep functional and industry expertise, McKinsey & Co. also has a breadth of geographical reach and a passion for solving the immense challenges that matter to its clients.

Working with its clients as it does with its colleagues, McKinsey & Co. builds capabilities and leadership skills at every level and every opportunity to build strong foundations and internal support, as well as get to the real issues and reach practical recommendations.

Business Consulting and Services

United States

38 2023 TOP 100 COMPANIES

42 Sievo

Founded in 2003

CEO: Sammeli Sammalkorpi

https://sievo.com/https://www.linkedin. com/ company/sievo-oy/

Helsinki based Sievo are a provider of procurement analytics solutions, and is renowned for empowering data-driven enterprises. Their offerings combine spend management software, services, and value-added content. Sievo’s SaaS procurement analytics solutions encompass Spend Analysis, Savings Lifecycle, Contract Analytics, Materials Forecasting, and CO2 Analytics. With expertise in harnessing diverse procurement data sources, Sievo excels in translating this data into business value that directly impacts the bottom line. Their software extracts, classifies, and enriches data, providing spend visibility for some of the world’s largest and most intricate procurement organisations. By enabling procurement to go beyond spend tracking, Sievo’s solutions facilitate realised savings management, contract lifecycle management, and profitability forecasting.

41 Medius

Founded in 2001

CEO: Jim Lucier

https://www. medius.com/https://www.linkedin. com/ company/ medius/

Medius pride themselves in going beyond automation to deliver AI-driven autonomous accounts payable. Their platform eliminates the hassle of managing accounts payable by seamlessly connecting invoice capture, processing, and payment. With advanced automation powered by artificial intelligence, Medius streamlines the entire AP workflow, ensuring invoices are accurately coded, approved, and paid. This enables customers to experience peace of mind and allows businesses to rely on reliable budgets and forecasts. Medius currently supports over 4,000 customers in 102 countries, and processes $180 billion in annual spend through its system. By offering a comprehensive solution, Medius helps to revolutionise AP management and empowers organisations worldwide to optimise their financial operations efficiently.

Sweden

Finland

Software Development Software Development
TOP 100 COMPANIES PROCUREMENTMAG.COM 39

40 Tradeshift

Founded in 2010

CEO: Christian Lanng

https://tradeshift.com/https://www.linkedin. com/ company/tradeshift/

Cloud-based supply chain platform Tradeshift transforms the way B2B buyers and suppliers connect, transact and grow.

In 2005, three Danish entrepreneurs had an ambition to connect every business on the planet. The Danish National IT and Telecom Agency asked them to create an e-invoice network, but they saw potential for something better. Tradeshift was born, with a goal of an open business platform for everyone in the world – not just Europeans. Now, Tradeshift has transformed how businesses work together with its simple and yet efficient tools. As a result, 95% of Danish businesses use Tradeshift.

IT Services and IT Consulting

United States

39

Kodiak Hub

Founded in 2016

CEO: Malin Schmidt

https://www. kodiakhub. com/https://www.linkedin. com/ company/ kodiak-hub/

Kodiak Hub is a leading cloud-based Supplier Relationship Management (SRM) platform designed to empower global procurement and sourcing teams. With a focus on intelligent purchasing and fostering sustainable supplier relationships, Kodiak Hub offers a comprehensive suite of modular solutions. This allows teams to seamlessly integrate and leverage various tools for capturing supplier data, identifying supply chain risks, managing contracts and categories, handling documents and products, ensuring supply chain compliance through assessments and audits, evaluating and enhancing supplier performance, and driving innovation between buyers and suppliers. Kodiak Hub’s user-friendly approach facilitates smarter buying decisions and facilitates the development of long-lasting partnerships with suppliers.

Information Technology and Services

Sweden

40 2023 TOP 100 COMPANIES

38

SirionLabs

Founded in 2012

CEO: Ajay Agrawal

https://www.sirion.ai/https://www.linkedin. com/ company/sirionlabs/

Ironclad is one of the world’s top Contract Lifecycle Management (CLM) platforms, and empowers companies to digitise their contracts seamlessly. With a user-friendly interface and advanced AI capabilities, Ironclad offers a comprehensive solution for creating and collaborating on contracts. By streamlining contract management processes, Ironclad eliminates operational bottlenecks and saves companies millions of dollars. Companies all over the world rely on Ironclad to enhance collaboration, negotiation, and contract acceleration while ensuring compliance. The platform accommodates various contract workflows, ranging from sales agreements and HR agreements to complex NDAs. The company was first founded in 2014 and is headquartered in San Francisco, California.

Software Development

United States

37 Conga

Founded in 2006

CEO: Noel Goggin

https://conga.com/https://www.linkedin. com/ company/ conga/

Founded in 2006, Conga is dedicated to removing complexities in an increasingly complex world. Its revenue lifecycle management solution transforms unique complexities in order configuration, execution, fulfilment, and contract renewal processes into a single critical insights data model that can adapt to changing business requirements to align the understanding and efforts of every team.

Operating globally across North America, Europe, and Asia, Conga is a passionate problem solver taking pride in conquering complexities. Born through the aggregation of Conga – founded to prove what is possible in the space of digital documentation – and Apttus – founded to provide quote-to-cash (QTC) solutions – the two combined are solving revenue lifecycles challenges for customers big or small.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 41

The World’s Fastest Growing Procurement & Supply Chain Event

26 - 27 September 2023

Business Design Centre, London

SPONSORSHIPS GET YOUR PASS

A BizClik Event

36

Kissflow

Founded in 2012

CEO: Suresh Sambandam

https://kissflow.com/https://www.linkedin. com/ company/kissflow/

Empowering business leaders, Kissflow – founded in 2012 – believes that the most powerful solutions are the simple ones. In an increasingly complex world, the simplicity of its products, processes and performance is what makes the company stand out. Knowing that those closest to the problem are the ones who can solve it the best, Kissflow’s pioneering digital workplace solutions empower organisations to manage their work on a unified platform.

Kissflow’s CEO and Founder Suresh Sambandam is passionate about entrepreneurship and technology startups, he dedicates a significant amount of his time to mentoring young companies. His vision to democratise cuttingedge technologies and build world-class platform products is what led to the founding of Kissflow.

Software Development

India

35

Appian Corporation

Founded in 1999

CEO: Matthew Calkins

https://www. appian.com/https://www.linkedin. com/ company/ appian-corporation/

Founded in 1999, Appian is a software company that automates business processes for its users. Including everything you need to design, automate, and optimise even some of the most complex processes from start to finish, Appian Corporation is trusted by some of the world’s most innovative organisations to improve their workflows, unify data, and optimise operations. The result – better growth and superior customer experiences.

Founded on the belief that talented and passionate people – when given the power and autonomy to excel – will deliver amazing results, Appian Corporation is committed to developing the right culture to sustain innovation and value. Appian today builds apps and workflows rapidly and with low-code automation to combine people, technologies and data in a single platform to maximise resources and improve business results.

Software Development

United States

44 2023 TOP 100 COMPANIES

34 Icertis

Founded in 2009

CEO: Samir Bodas

https://www.icertis.com/https://www.linkedin. com/ company/icertis/

Committed to transforming the foundations of commerce to create a better world, Icertis is empowering companies to realise the full potential and high purpose of every contract to build trust, strengthen bonds, and create better worlds.

As companies battle increasing complexity and uncertainty, those that want to stay at the forefront are embracing these challenges and thinking differently about contracts with help from Icertis.

Driven by its core values, Icertis has a bold vision, unrivalled expertise, and enduring commitment to contract intelligence with the help of powerful artificial intelligence (AI) tools.

Software Development

United States

33

Epicor

Founded in 1972 CEO: Steve Murphy

https://www.epicor. com/https://www.linkedin. com/ company/epicor/

Founded in 1972, Epicor for more than 50 years has been the support for companies to do business better. Epicor offers its users innovative solution sets that are carefully curated to fit the needs of its customers and built to respond flexibly to the fast-changing reality. Enabling thousands of businesses worldwide through its service offerings and unparalleled know-how, Epicor goes beyond enterprise resource planning, providing innovative and highly focused industry productivity solutions to track and streamline processes.

Epicor boasts its ability to accelerate every customer’s ambitions, whether it’s to grow and transform or to become more productive and effective.

Software Development

United States

TOP 100 COMPANIES PROCUREMENTMAG.COM 45

32 Anaplan

Founded in 2006

CEO: Charles E. Gottdiener

https://www. anaplan.com/https://www.linkedin. com/ company/ anaplan/

As a leading provider of enterprise cloud software, Anaplan empowers organisations to see, plan, and lead better business outcomes. With its connected planning platform, Anaplan is striving to build a future where connected leaders and teams are able to constantly adapt, transform and reinvent their businesses.

Enabling leaders to align their strategic objectives and resources, Anaplan helps businesses to make bolder decisions and drive fast results by making it possible to share actionable insights, and drive innovation. Leaders can model complex scenarios, forecast continuously with added intelligence, and make agile decisions confidently.

Anaplan is also dedicated to fostering a culture of inclusivity and accountability.

Software Development

United States

31

DocuSign

Founded in 2003

CEO: Allan C. Thygesen

https://www. docusign.co.uk/https://www.linkedin. com/ company/ docusign/

DocuSign helps organisations connect and automate how they navigate their systems of agreement. Its flagship product, eSignature, is the world’s most used way to sign a document electronically on almost any device, from any online server. Headquartered in San Francisco, the company has over 1m customers, and over 100m users in markets across the globe. All signatures processes with DocuSign are compliant withthe US ESIGN Act and Europe’s eIDAS regulation, including EU Advanced and EU Qualified Signatures. Founded in 2003 by Court Lorenzini, Tom Gonser, and Eric Ranft, DocuSign first began sales in 2005 when zipForm, now zipLogix, integrated DocuSign into its virtual real estate forms. More recently, in 2022, DocuSign announced Allan Thygesen as its new CEO.

Software Development

United States

46 2023 TOP 100 COMPANIES

30 Gartner

Founded in 1979

CEO: Eugene A. Hall

https://www.gartner. com/https://www.linkedin. com/ company/gartner/

Gartner’s expert guidance and tools enable faster, smarter decisions and stronger performance on an organisation’s mission-critical priorities.

As a $5 billion company, with over 19,500 associates, and a member of the S&P 500, Gartner is an objective partner with 15,000+ client enterprises in more than 100 countries.

Gartner can help clients establish a longterm digital strategy for procurement to make smart decisions about immediate technology investments. It can also assist clients in practicing strategic sourcing and developing procurement talent.

Gartner also provides procurement and operations leaders with the indispensable insights, advice and tools needed to achieve their mission-critical priorities and drive value for their business.

Information Services

United States

29

Wipro

Founded in 1945

CEO: Thierry Delaporte

https://www. wipro.com/https://www.linkedin. com/ company/ wipro/

Wipro is a leading technology services and consulting company focused on building innovative solutions that address its clients’ most complex digital transformation needs.

Wipro uses a mix of digital technologies to establish an automated, streamlined, and resilient digital-first procurement process. Its procurement solution helps mitigate challenges by simulating supply exception scenarios and offering resolutions that can be rapidly operationalised. The solution leverages automation to significantly reduce time spent on supply chain analysis and help planners model scenarios that analyse impact on orders. The solution can be deployed rapidly to help organisations improve planning, supplier risk assessment and order fulfillment.

Services India TOP 100 COMPANIES PROCUREMENTMAG.COM 47
IT

28 PwC

Founded in 1998

CEO: Robert E. Moritz

pwc.comhttps://pwc.comhttps://www.linkedin. com/ company/ pwc/

With offices in 152 countries and almost 328,000 people, PwC is among the leading professional services networks in the world.

By uniting people and technology, PwC helps clients identify and unlock opportunities that create value and transform how they do business: harnessing advanced analytics, creating new operating models and finding new ways to manage third-party expenditures.

PwC can help clients implement S2P technology and process transformation, and also offers Procurement-On-Demand. Through its Procurement Protect programme, PwC can help in the detection of procurement fraud, error and non-compliance, using sophisticated analysis to examine data from major ERP systems, identifying anomalies in behaviour and events.

Accounting

United Kingdom

27

Pegasystems

Founded in 1983

CEO: Alan Trefler

https://www. pega.com/https://www.linkedin. com/ company/ pegasystems/

For the past 30 years, Pega technology has empowered the world’s leading companies to achieve breakthrough results.

Pega provides a powerful low-code platform that builds agility into the world’s leading organisations so they can adapt to change. Clients use Pega’s AI-powered decisioning and workflow automation to solve their most pressing business challenges – from personalising engagement to automating service to streamlining operations.

Pega has worked with numerous companies including Vodafone and Mondelez to transform their procurement processes. Mondelez’s Buyer Central, powered by the Pega Platform, enables projects to be tracked across all systems, preventing duplicate entries of information and enabling buyers to quickly know which applications are relevant to them.

Software Development

United States

48 2023 TOP 100 COMPANIES

Infosys

Founded in 1981

CEO: Salil Parekh

https://www.infosys.com/https://www.linkedin. com/ company/infosys/

Infosys is a global leader in next-generation digital services and consulting, which enables clients in more than 50 countries to navigate their digital transformation.

With its business process management subsidiary Infosys BPM, Infosys has built capabilities across services and technology to partner with clients in their procurement transformation journey. Infosys’ sourcing and procurement solutions are designed to provide access to advanced AI-based capabilities, enabling faster decision making.

Infosys extensively leverages design thinking during solution development, transition, and stable state operations to better understand and define its client’s underlying needs for sourcing and procurement.

IT Services

India

Genpact

Founded in 1997

CEO: NV Tyagarajan

http://www. genpact.com/https://www.linkedin. com/ company/ genpact/

Genpact is a global professional services firm delivering business outcomes that transform industries and shape the future.

Genpact partners with the world’s most innovative companies to turn their biggest challenges into opportunities, resilience, and growth – from creating hyper-connected supply chains to transforming experiences for their customers and employees.

Its sourcing and procurement team has over 18,000 experts delivering services to more than 300 clients. Featured-connecting-procure-topay-to-boost-agility. Genpact’s solutions are founded on deep sourcing, category management, and procurement expertise and powered with automation, analytics, and digital technologies.

IT Services and IT Consulting

United States

26
25
TOP 100 COMPANIES PROCUREMENTMAG.COM 49

24 Kearney

Founded in 1926

CEO: Alex Liu

https://www. kearney.com/https://www.linkedin. com/ company/ kearney/

Kearney is a leading global management consulting firm with more than 5,300 people working in more than 40 countries. Its clients include more than three-quarters of the Fortune Global 500, as well as some of the most influential governmental and nonprofit organisations.

Helping clients solve the most intricate problems in procurement, Kearney helps organisations build resilient, sustainable supply chains. Its Product Excellence and Renewal Lab helps clients find ways to extract maximum value from their products at every point in the life cycle, while Cervello, Kearney’s advanced analytics nerve centre, can help capture the true power of clients’ data, creating immediate impact and lasting advantage.

Management Consulting

United States

23

Deloitte

Founded in 1845 CEO: Joe Ucuzoglu

deloitte.com-https://deloitte.comhttps://www.linkedin. com/ company/deloitte/

With approximately 330,000 people in more than 150 countries and territories, Deloitte helps clients become leaders wherever they choose to compete.

Deloitte’s Sourcing and Procurement practice has a track record of tackling challenges in the world of procurement and enabling clients to deliver and sustain measurable and impactful results. With an end-to-end proposition portfolio covering diagnostics, strategy and operating model development, sourcing delivery, transformation and technology advisory, Deloitte supports clients’ aspirations by partnering to create and execute a tailored strategy through execution approaches that consider short versus longterm value trade-offs, knowledge transfer, culture change and capability building.

Business Consulting and Services

United Kingdom

50 2023 TOP 100 COMPANIES

22

Basware

Founded in 1985

CEO: Jason Kurtz

https://www.basware. com/en-en/ home/https://www.linkedin. com/ company/ basware/

Basware enables finance leaders in global enterprises to automate their complex, laborintensive invoice processes. Its AP automation and invoicing platform helps clients achieve a new level of efficiency – in a matter of months – while reducing errors and risks.

The company’s vision is to deliver true automation for the CFO’s team with a mission to make country compliance, digitisation of invoices, and touchless invoice processing all just happen for our customers.

Some of the world’s most efficient AP departments, at brands such as HP, MercedesBenz, and DHL, rely on Basware to handle over 170 million invoices per year, reducing the time spent on AP processes by up to 60%.

Information Technology and Services

Finland

21 Globality

Founded in 2015

CEO: Joel Hyatt

https://www.globality.com/https://www.linkedin. com/ company/globality-inc-/

In this new era of the Autonomous Enterprise, Globality empowers leading global companies to achieve substantial savings and better outcomes. The market leader in offering next-generation autonomous sourcing technology built from the ground up leveraging sophisticated AI, Globality is a leader in autonomous procurement. Using sophisticated AI, the platform creates precisely scoped requirements, identifies the most qualified suppliers, provides negotiation insights, and enables data-driven decisions.

Today, it serves companies across industries, including financial services, pharmaceutical and life sciences, consumer products, telecommunications, technology, and retail.

Software Development

United Kingdom

TOP 100 COMPANIES PROCUREMENTMAG.COM 51

Efficio

Founded in 2000

CEO: Jens Pedersen

http://www.efficioconsulting.com/https://www.linkedin. com/ company/efficio/

For over two decades, Efficio has leveraged its extensive knowledge, hands-on approach, global reach, and continuously advancing technology to assist its clients in achieving their supply chain and procurement goals. Today, the company has established itself as the largest independent consultant in the industry.

Efficio combines the human intelligence and expertise of its consultants with the insights and information acquired through years of focused specialisation. Whether facilitating procurement excellence, resolving supply chain obstacles, or optimising expenditures – Efficio works closely with clients to navigate the fluctuations in the procurement and supply chain landscape.

Business Consulting and Services

United Kingdom

The Hackett Group

Founded in 1991

CEO: Ted A. Fernandez

The Hackett Group offers benchmarking, research advisory, and strategic consulting services. They assist organisations in achieving high-performance in the digital world. The company’s success stems from their vast intellectual property, which includes over 25,000 benchmark studies and a repository of best practices from leading global businesses. Their benchmarks cover 97% of the Dow Jones Industrials, 93% of the Fortune 100, 73% of the DAX 40, and 52% of the FTSE 100. Leveraging their benchmarking platform, Quantum Leap, and their Digital Transformation Platform, they facilitate digital transformations and help implement enterprise cloud solutions. They have been running since 1991 and are based in Miami, Florida.

Business Consulting and Services

United States

20
19
https://www. thehackettgroup. com/https://www.linkedin. com/ company/ the-hackett-group/
52 2023 TOP 100 COMPANIES

Bain & Company

Founded in 1973

CEO: Manny Maceda

https://www.bain. com/https://www.linkedin. com/ company/bain-andcompany/

Bain & Company has over 500 procurement professionals working across various sectors, supporting its global procurement practices. Bain & Company has wide expertise in the procurement cycle, can offer end-to-end support and the ability to transform client’s operations. The company has built itself up using holistic, data-driven procurement solutions built on cutting-edge analytics.

In 2022, Bain & Company acquired Proxima, a UK-headquartered global leader in procurement and supply chain consulting. Using Proxima’s expertise alongside its proven track record has made Bain’s delivery of procurement and supply chain solutions to clients a lot smoother, as the company navigates new challenges.

Business Consulting and Services

United States

17

KPMG

Founded in 1987

CEO: William B. Thomas

http://www. kpmg.com/https://www.linkedin. com/ company/ kpmg/

Built on more than 35 years of expertise, KPMG is a global network of professional firms providing audit, tax and advisory services. The consultant is helping organisations mitigate risks and grasp opportunities to drive positive and sustainable change for clients, people and society.

KPMG is committed to quality and service excellence, providing its clients with the best, as well as leading with a commitment to quality and integrity. KPMG has a passion for client success and is driven by its purpose to serve and improve the communities it operates in.

“In a world where rapid change and unprecedented disruption are the new normal, we inspire confidence and empower change in all we do” – KPMG.

Accounting

Canada

18
TOP 100 COMPANIES PROCUREMENTMAG.COM 53

16 Capgemini

Founded in 1967

CEO: Aiman Ezzat

capgemini. comhttps://capgemini.comhttps://www.linkedin. com/ company/ capgemini/

Founded in 1967, Capgemini is a global leader in transforming and managing businesses through the power of technology. Guided by its purpose of ‘unleashing human energy through technology for an inclusive and sustainable future’, Capgemini is a responsible and diverse organisation built on 55 years of heritage and deep industry expertise.

Trusted by its clients, Capgemini addresses the entire breadth of business needs from strategy and design to operations. Capgemini is fueled by the fast-evolving and innovative world of cloud, data, AI, connectivity, software, digital engineering, and platforms, to help drive value in three key areas: customer experience, intelligent industry, and enterprise management. In doing this Capgemini helps clients to embrace key technologies to improve their cybersecurity and environmental impact.

15 ServiceNow

Founded in 2004 CEO: Bill McDermott

http://www. servicenow.com/https://www.linkedin. com/ company/ servicenow/

ServiceNow is a leading digital workflow company, which is working hard to ‘make the world work better for everyone’, with its procurement practices. ServiceNow’s procurement service management solution helps industries transform their procurement function with the help of self-service and automation, which helps leaders in this space to digitally transform their operations, redirect resources for more strategic activities, improve supplier collaboration and generate faster delivery times.

ServiceNow’s single procurement service management platform allows organisations to manage the complete procurement lifecycle with one central system.

Computer Software

United States

IT Services and IT Consulting France
54 2023 TOP 100 COMPANIES

EY

Founded in 1989

CEO: Carmine Di Sibio

ey.com-https://ey.comhttps://www.linkedin. com/ company/ ernstandyoung/

For more than 30 years, EY has been building a better working world by helping to create longterm value for clients, people, and society and build trust in capital markets. By harnessing data and technology EY provides trust through assurance and helps its clients in over 150 countries to grow, transform, and operate. Through its integrated service lines – assurance, consulting, strategy and transactions, and tax – combined with its deep sector knowledge, EY helps clients to capitalise on new opportunities, as well as assess and manage risk to deliver responsible growth.

Professional Services

United Kingdom

13

Celonis

Founded in 2011 CEO: Alex Rinke and Bastian Nominacher

https://www.celonis.com/https://www.linkedin. com/ company/celonis/

Founded in 2011, Celonis is a global leader in execution management. Its execution management system provides companies with a modern way to run their business process entirely on data and intelligence.

Pioneering the process mining category 10 years ago with the ability to automatically X-ray processes and find inefficiencies, Celonis helps those in procurement mitigate supply risks, maximise purchasing power, and cut costs by centralising data across systems.

Today, more than 600 of the world’s best-performing procurement departments run on Celonis taking advantage of a unified central location for all data, the ability to pinpoint critical process improvement opportunities, and improve day to day operations.

Software Development

United States

14
TOP 100 COMPANIES PROCUREMENTMAG.COM 55

Workday

Founded in 2005

CEO: Carl M. Eschenbach

https://www. workday.com/https://www.linkedin. com/ company/ workday/

Founded in 2005, Workday is a leading provider of enterprise cloud applications for finance and human resources. Helping customers to adapt and thrive in a constantly changing world, workday helps customers to solve the greatest business challenges for spend management with analytics, artificial intelligence and machine learning at its core.

Providing real-time insights into all aspects of spending from a single system Workday offers collaborative tools for sourcing and supplier engagement that harness automation, spend analysis, and flexibility to reduce labour intensive tasks and provide contextual insights with critical information at the point of action.

Workday is used by more than 10,000 organisations around the world and across industries, from medium-sized businesses to more than 50% of the Fortune 500.

Computer Software

United States

11 Boston Consulting Group (BCG)

Founded in 1963 CEO: Christoph Schweizer

Dating back to 1963, Boston Consulting Group (BCG) is a partner of choice for leaders to tackle their most important challenges and capture their greatest opportunities. The pioneer in business strategy when it was founded, BCG today, works closely with clients to embrace transformation to empower organisations to grow, build a sustainable advantage, and drive positive societal impact. With its diverse global team, BCG provides deep industry and function expertise as well as a range of perspectives to challenge the status quo and drive change. Through leadingedge management consulting, technology and design, and corporate and digital ventures, BCG works in a unique and collaborative way, fueled by its goal to help clients thrive and enable them to make the world a better place. Management

United States

12
CelebratingBCG’sImpact at 60 |Years BCGhttps://www.bcg.com/https://www.linkedin. com/ company/ boston-consulting-group/
Consulting
56 2023 TOP 100 COMPANIES

The World’s Fastest Growing Procurement & Supply Chain Event

26 - 27 September 2023

Business Design Centre, London

SPONSORSHIPS GET YOUR PASS

A BizClik Event

10 Accenture

Founded in 1989

CEO: Julie Sweet

accenture.comhttps://accenture.comhttps://www.linkedin. com/ company/ accenture/

Founded in 1989, Accenture is a global professional service company headquartered in Ireland. With leading expertise in digital, cloud and security, Accenture combines unmatched experience and specialised skills across more than 40 industries including procurement. Helping clients to become the next and best versions of themselves, Accenture is dedicated to delivering on the promise of technology and human ingenuity.

By embracing the power of change Accenture is able to create value and shared success for its clients, people, shareholders, partners, and communities.

Helping leaders across finance, supply chain, and procurement Accenture helps to turn procurement from an untapped strategic asset

into a source of competitive advantage. Accenture helps organisations to deliver durable cost savings, improve compliance, mitigate risk, make better business decisions, build a responsible future, inspire the workforce, and be ready for what’s next.

Powered by SynOps, Accenture’s solutions include source-to-pay (S2P), source-to-contract (S2C), procure-to-pay (P2P), and rapid sourcing to drive end-to-end transformation across indirect and direct spend to achieve breakthrough value, while enabling talent with new ways of working.

"Across the globe, one thing is universally true of the people of Accenture: We care deeply about what we do and the impact we have with our clients and communities. It is personal to all of us” – Julie Sweet, Chair and CEO.

58 2023 TOP 100 COMPANIES
IT Services and IT Consulting Ireland
IMAGE: ACCENTURE

Amazon Business

Founded in 2015 CEO: Alexandre Gagnon

https://business.amazon.co.uk/https://www.linkedin. com/ company/ amazon-business/

Helping millions of customers worldwide, Amazon Business works with small businesses, schools, hospitals, nonprofits, governments, and large enterprises to reshape their procurement. Amazon Business helps its customers to generate cost and time savings, increase productivity, and drive insightful purchasing analytics.

Customers of Amazon Business benefit from convenient shipping options on millions of supplies across categories like office, IT, janitorial, food service, and professional medical supplies, as well as have access to a variety of business-tailored features and benefits.

Amazon Business can also help customers to advance their sustainable commitments with a functionality for buyers to filter their search by its Climate Pledge Friendly label to seek out products with sustainability

certifications. Another useful certification is Amazon’s own Compact by Design label, which identifies items that have a more efficient design. Procurement teams can also gain access to robust information regarding spend and the proportion of what has been spent on sustainability certifications. Organisations can therefore demonstrate their sustainability efforts.

Amazon Business is currently available in the United States, Canada, the United Kingdom, Germany, France, Italy, Spain, Japan, and India. The company is dedicated to simplifying the purchasing process, making it easier for customers to get the products they need, solving unmet and undiscovered needs, and continuously expanding its selection, adding relevant new tools and features.

TOP 100 COMPANIES PROCUREMENTMAG.COM 59 9
Software Development United States
IMAGE: AMAZON

8

Zycus

Founded in 1998

CEO: Aatish Dedhia

https://www. zycus.com/https://www.linkedin. com/ company/ zycus/

Founded in 1998, Zycus is a pioneer in cognitive procurement software. A trusted partner for large global enterprises for two decades, Zycus is continuously recognised by Gartner, Forrester and other analysts for its Source-to-Pay (S2P) integrated suite.

Helping its customers to do more with less with its cognitive S2P solutions, Zycus powers its solutions with the revolutionary Merlin AI Suite and prides itself on being the only organically built and seamlessly integrated solution.

Merlin AI builds on the company’s legacy experience in AI, to provide leaders in procurement with the ability to work first-hand with game-changing innovations as part of the suite. Zycus’s Merlin Experience Centre offers a

flexible space for organisations to explore how robust AI can be when coupled with a secure platform, as well as the technology’s ability to drive actionable insights with the use of AI and documentation and simplify tasks. With this technology, organisations can shift their focus to more significant and strategic activities.

Four key AI solutions that can benefit procurement from Merlin AI include supplier risk radar, invoice reader, AP Smart Desk, and Insta Review. These unique solutions allow users to manage monotonous and mundane tasks with the help of technology, to free up time for more strategic goals.

60 2023 TOP 100 COMPANIES
States
Software Development United

7 Ivalua

Founded in 2000

CEO: David Khuat-Duy

https://www.ivalua.com/https://www.linkedin. com/ company/ivalua/

Headquartered in Paris, Ivalua is a French cloud-based spend management software provider that believes in the digital transformation revolution for supply chain sustainability and resiliency to unlock the power of collaboration.

For almost 25 years, the company has been offering those in procurement and supply chain management a unified platform to empower effective management of spend and suppliers. Ivalua’s holistic cloud platform helps businesses to increase profitability, improve ESG performance, lower risk, and improve employee productivity.

Trusted by some of the world’s most admired brands and recognised as a global leader by industry analysts, Ivalua is ‘the backbone for strategic procurement’.

Creating a single source of truth, Ivalua provides 360-degree spend and supplier visibility, end-to-end analytics, seamless and digitalised processes, consistent user experience, secure information sharing, automation, collaboration, and integrated project management.

Underpinning the culture at Ivalua is five core values: customer-centric, collaboration, resultsorientated, care and growing people, and integrity.

Ivalua’s current CEO is David Khuat-Duy who founded Ivalua in 2000. Khuat-Duy is a graduate of the Ecole Polytechnique with a Ph.D. in Mathematics, and began his technology career at PwC as an SAP consultant. Under Khuat-Duy’s leadership Ivalua has emerged as a leader in providing integrated, rapid implementation of global spend management solutions to the world’s largest brands.

TOP 100 COMPANIES PROCUREMENTMAG.COM 61
IMAGE: IVALUA
Software Development France

6 Oracle

Founded in 1977

oracle.comhttp://www.http://www.oracle.com/https://www.linkedin. com/ company/oracle/

Founded in 1977, Oracle is a cloud technology company providing organisations around the world with computing infrastructure and software. Through its technology, Oracle drives innovation, unlocks efficiencies and helps organisations become more effective.

“Our mission is to help people see data in new ways, discover insights, unlock endless possibilities.”

Providing high performance, security, and cost savings, Oracle has designed its solutions to make the management of workloads easy for businesses when it comes to on-premise and cloud solutions.

Driving innovation, sustainable growth, and resilience, Oracle is dedicated to not only transforming the

world of business but helping defend governments and advance scientific and medical research. Millions use Oracle to streamline supply chains, make HR more human, quickly pivot to a new financial plan, and connect data and people around the world. Oracle’s Fusion Cloud Procurement offers those in the industry an integrated source-to-settle suite that automates business processes, enables strategic sourcing, improves supplier relationship management, and simplifies buying resulting in lower risk, improved savings and greater profitability.

Oracle is headquartered in Austin, Texas and is the creator of the world’s first – and only – autonomous database to help organise and secure customer data.

62 2023 TOP 100 COMPANIES
IT Services and IT Consulting United States
IMAGE: ORACLE

5 IBM

Founded in 1991 CEO: Arvind Krishna

https://www.ibm. com/consulting/ procurementhttps://www.linkedin. com/ company/ ibm/

Founded in 1911, IBM is an international IT services and consulting company. When it comes to procurement, IBM helps to accelerate the procurement transformation by providing greater access to powerful data, insights, and emerging technologies to empower teams.

IBM helps those in procurement to enhance processes and unlock exponential value by collaborating with clients to create intelligent workflows that combine expertise, advanced technologies/and internal/external data sources in hybrid cloud.

With end-to-end procurement workflows, procurement functions can work smarter and benefit from reduced operating costs, increased spend savings, and improve stakeholder satisfaction.

IBM helps transform procurement with intelligent workflows, real-time automation, agile operating models, AI, predictive analytics, strategic partnerships and risk-managed sourcing.

Core services that IBM provides the procurement industry include source-to-pay (S2P), digital procurement, and invoice-to-pay (I2P).

“How did we get to smart procurement in a company with operations in more than 170 countries involving more than 13,000 suppliers? We began, as so many companies do, by facing the hard facts. While we have historically done a good job in procurement, we realised we needed to do a better job infusing digital intelligence, cloud, and more into our procurement operations” – Bob Murphy, Chief Procurement Officer, IBM.

TOP 100 COMPANIES PROCUREMENTMAG.COM 63
IT Services and IT Consulting United States
IMAGE: IBM

4 GEP

Founded in 1999

CEO: Dr. Subhash Makhija

https://www.gep. com/software/ gep-smarthttps://www.linkedin. com/ company/ gep-worldwide/

Founded in 1999, GEP is a leading provider of Source-to-Pay (S2P) solutions for indirect and direct procurement. Delivering transformative supply chain solutions to help global enterprises become more agile, resilient and efficient, as well as gain a competitive advantage, boost profitability, and increase shareholder value, GEP offers fresh thinking and innovative products for its users. Combining GEP SOFTWARE™, GEP STRATEGY™ and GEP MANAGED SERVICES™ customers can benefit from unprecedented scale, power, and effectiveness.

Being a leader in multiple Gartner Magic Quadrants, GEP serves some of the world’s best companies include those on the Fortune 500 and Global 2000 lists.

Built for procurement professionals by procurement experts, GEP’s software drives greater efficiency and performance with a comprehensive solution for direct and indirect procurement to streamline and automate all source-to-pay process. GEP solutions unify upstream sourcing and downstream procurement operations into one state-of-the-art cloud platform with a powerful set of capabilities. GEP’s current CEO is Dr. Subhash Makhija. Named Entrepreneur of the year by EY, Makhija’s career spans more than 20 years. During his time at GEP he has led the company’s transformation to become a leading provider of supply chain solutions to global enterprises worldwide, and one of the fastest-growing firms in the industry.

64 2023 TOP 100 COMPANIES
IMAGE: GEP SMART
Business Consulting and Services United States

The World’s Fastest Growing Sustainability & ESG Event

6 - 7 September 2023

Business Design Centre, London

SPONSORSHIPS GET YOUR PASS

A BizClik Event
66 2023
TOP 100 COMPANIES
IMAGE: JAGGAER

JAGGAER

Founded in 1995

CEO: Andy Hovancik

https://www.jaggaer. com/https://www.linkedin. com/ company/jaggaer/

A world leader in direct procurement, JAGGAER offers a unified solution for users to manage 100% of their spend with JAGGAER ONE. Founded in 1995, four friends – Scott Andrews, Bobby Feigler, Keith Gunter, and Peyton Anderson –understood the enormous potential that technology has for procurement.

Powering the autonomous revolution to reduce risk, improve resilience, increase operational efficiencies, and yield significant financial gains, JAGGAER is leading the charge to transform procurement from tactical purchasing to an automated selfgoverning B2B commerce experience.

Designed to be N.I.C.E. JAGGAER ONE offers a Network of enterprise buyers, suppliers and partners; intelligence that utilises AI and machine learning; Comprehensive solutions to support unique needs; and Extensibility to explore and deploy complementary solutions.

Today, more than US$500bn worth of goods flows frictionlessly through JAGGAER’s Enterprise Commerce Network each year, providing smartmatch recommendations, autonomous execution of repetitive, behind-the-scenes capabilities, and strategic value across the supply chain.

JAGGAER ONE is an all-in-one procurement software that acts as the foundation for all JAGGAER spend management solutions. The flexible and future ready solution helps users to manage data, processes and transactions in one platform, harnessing embedded intelligence.

JAGGAER’s current CEO is Andy Hovancik, a seasoned executive with proven success in leading international, rapid-growth SaaS solutions providers. Prior to joining JAGGAER, Hovancik was CEO at Sovos Compliance for more than 10 years.

Software Development United States 3 TOP 100 COMPANIES PROCUREMENTMAG.COM 67
68 2023 TOP
100 COMPANIES
IMAGE: COUPA

Coupa

Founded in 2006

CEO: Rob Bernshteyn

https://www. coupa.com/https://www.linkedin. com/ company/ coupa-software/

Founded in 2006, Coupa is the leading cloud platform provider for business spend management (BSM). The technology provider is dedicated to delivering business value for its customers through greater visibility and control to spend smarter and safer.

Adopting a Comprehensive approach to spend management, customers benefit form a unified platform where all spend can be seen in one place. From strengthening supplier relationships to integrating leading technologies, Coupa is built on Openness when it comes to trust, transparency and trade.

To make it easy for every user to adopt, Coupa’s software works hard so you don’t have to, providing a User-centric approach that offers Prescriptive recommendations and Accelerated value wby increasing end-to-end efficiency.

Coupa’s BSM software allows users to benefit from savings opportunities, supplier insights, optimised spend, and speedy transactions, for quicker decision making, greater agility, and faster time to value.

Setting the pace of innovation for the industry and helping businesses deliver real and measurable value, Coupa is transforming the way businesses manage their spend. Coupa is doing this by co-creating new and unique capabilities that empower customers, partners and suppliers with increased visibility, actionable insights, and solutions to manage their spend.

“At Coupa, we don’t believe in ‘customer satisfaction’. We believe in customer success. We don’t seek to make our customers feel satisfied (although it is nice when this happens) – we want to do everything in our power to make them actually successful in achieving their goals and satisfying their organisational missions.”

Charles Goodman, is the current Chairman and Interim CEO of Coupa. Goodman has more than 30 years of experience in building successful enterprise software businesses.

Software Development United States 2 TOP 100 COMPANIES PROCUREMENTMAG.COM 69
The Digital Platform for Procurement Leaders MAGAZINE | WEBSITE | NEWSLETTER + MORE JOIN THE COMMUNITY

Ways to Work With us

Procurement magazine is an established and trusted voice with an engaged and highly targeted audience of 70,000 global executives

Digital Magazine

Website Newsletters

Industry Data & Demand Generation

Webinars: Creation & Promotion

White Papers & Research Reports

Lists: Top 10s & Top 100s

Events: Virtual & In-Person

WORK WITH US

72 2023
TOP 100 COMPANIES
IMAGE: SAP

SAP

Founded in 1972

CEO: Christian Klein

https://service.ariba.com/https://www.linkedin. com/ company/ariba/

With millions of companies connected to SAP Business Network, SAP remains the most popular businessto-business platform for procurement.

Its strict compliance culture means that only approved suppliers are searchable on its database, from simple to complex catalogue enablement capabilities, content normalisation, and fast, easy verification and upload times, makes it a top player in procurement platforms.

Due to its intuitiveness in comparison to many other procurement platforms, its high level of security, and the integration of some of the latest technology in automated processes, it is a clear winner in the world of digital procurement systems.

With more than $4.9tn in annual commerce flowing through SAP Business Network annually, trust in the platform is growing in-line with the expansion of procurement transactions across the board.

SAP’s strategy is to help every business run as an intelligent, sustainable enterprise, and as a market leader in enterprise application software, SAP helps companies of all sizes and in all industries run at their best.

By utilising advanced technologies, machine learning, and the internet of things (IoT), SAP helps turn businesses into intelligent enterprises by providing people and organisations with deep business insights to foster collaboration.

Providing an end-to-end suite of applications and services enables businesses and public customers across 25 industries globally to be profitable, adaptable, and make a difference.

SAP is committed to helping the world run better and improve people’s live with the help of its global network of customers, partners, employees, and thought leaders.

Software Development
1 TOP 100 COMPANIES PROCUREMENTMAG.COM 73
United States

Turn your rebates into an engine for growth.

Gain visibility into rebate program performance

Easily calculate, pay, accrue and forecast your rebates

Schedule a Demo

Grow stronger trading relationships

To all the companies who were nominated and took part in the Top 100 Companies in Procurement... Thank You! procurementmag .com

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.