January 2022 | procurementmag.com
TOP COMPANIES
2022
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The Procurement Team EDITOR-IN-CHIEF
GEORGIA WILSON CHIEF CONTENT OFFICER
SCOTT BIRCH
PRODUCTION DIRECTORS
GEORGIA ALLEN DANIELA KIANIČKOVÁ PRODUCTION MANAGERS
ELLA CHADNEY PHILLINE VICENTE JANE ARNETA
CREATIVE TEAM
OSCAR HATHAWAY SOPHIE-ANN PINNELL HECTOR PENROSE SAM HUBBARD MIMI GUNN JUSTIN SMITH REBEKAH BIRLESON JORDAN WOOD DANILO CARDOSO VIDEO PRODUCTION MANAGER
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DIGITAL VIDEO PRODUCERS
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STACY NORMAN CEO
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FOREWORD
Top 100 Companies
F “Receiving hundreds of nominations, this supplement has been nominated by our readers...”
ollowing the success of our sister publication’s Top 100 Women and Top 100 Leaders in Supply Chain, Procurement Magazine is proud to present its debut Top 100 Companies in Procurement. Receiving hundreds of nominations, this supplement has been nominated by our readers and compiled by our in-house team, recognising the Top 100 leaders, innovators, consultants, and more operating in the procurement space, all of which thoroughly deserves their place.
GEORGIA WILSON
georgia.wilson@bizclikmedia.com
PROCUREMENT MAGAZINE IS PUBLISHED BY
© 2022 | ALL RIGHTS RESERVED
procurementmag.com
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TOP TEN
4
Jan 2022
TOP 100 COMPANIES
Companies in
Procurement BizClik Media Group once again celebrates industry leaders from ourglobal community.
F
ollowing the success of our sister publication’s Top 100 Women and Top 100 Leaders in Supply Chain, Procurement Magazine debuts its first Top 100 Companies in Procurement. Nominated by the readers of Procurement Magazine and
compiled by our in-house team, this supplement starts the new year recognising the Top 100 leaders, innovators, consultants, and more operating in the procurement space. From procure-to-pay (P2P), spend management, accounts payable, and supplier relationships, to third-party risk, invoicing, and analytics, this debut annual supplement takes a look at the top procurement leaders operating in a variety of functions. Receiving hundreds of nominations, everyone on this list thoroughly deserves their place. Can’t see yourself? Who knows, keep an eye out and maybe next year your organisation will make the final list.
“We eagerly await the second Procurement & Supply Chain Live, at London's Tobacco Dock in April 2022”
procurementmag.com
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TOP 100 COMPANIES
100
97
Year Founded: 2011 Industry: Supplier Diversity
Year Founded: 2017 Industry: Procurement & Supply Chain Digitalisation
Supplier.io
99
Market Dojo
Year Founded: 2010 Industry: SaaS
Prewave
96
Suplari, Inc.
Year Founded: 2017 Industry: Spend Intelligence
94
Scanmarket
Year Founded: 1999 Industry: Source-to-Contract
98
95
93
Year Founded: 2011 Industry: Procure-to-Pay
Year Founded: 2002 Industry: Source to Pay
Year Founded: 2020 Industry: Vendor Relationship Management
BuyerQuest
6
Jan 2022
Fluxym
Terzo Technologies
TOP 100 COMPANIES
92
89
86
Year Founded: 2011 Industry: Supply Chain Transparency
Year Founded: 2013 Industry: Computer Software
Year Founded: 2019 Industry: Sourcing Software
Sourcemap
SourceDay
Archlet
91
88
85
Year Founded: 2014 Industry: Supplier Relationships
Year Founded: 2013 Industry: Artificial Intelligence
Year Founded: 1993 Industry: Information Services
Vizibl
LevaData
90
87
Year Founded: 2000 Industry: Procurement & Supply Chain Digitalisation
Year Founded: 2015 Industry: Supplier Relationship Management
Creactives SpA
Prenax
Kodiak Hub
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TOP 100 COMPANIES
82
79
Year Founded: 2003 Industry: Design-to-Source Intelligence
Year Founded: 2000 Industry: Third-Party Risk & Resilience
Supplyframe
Aravo Solutions
84
81
78
Year Founded: 1984 Industry: e-Invoicing Solutions
Year Founded: 2000 Industry: Risk Analysis
Year Founded: 2004 Industry: Computer Software
OpusCapita
Everstream Analytics
HICX
83
80
77
Year Founded: 2008 Industry: Source-to-Contract
Year Founded: 2014 Industry: Contract Lifecycle Management
Year Founded: 2002 Industry: Strategic Sourcing & Related Procurement
Cloudia
8
Jan 2022
Ironclad
Insight Sourcing Group
TOP TOP100 100 COMPANIES
76
73
70
Year Founded: 2016 Industry: Computer Software
Year Founded: 2015 Industry: Biotech Purchasing Processes
Year Founded: 2015 Industry: Climate Intelligence
Suppeco
ZAGENO Inc.
Cervest
75
72
69
Year Founded: 2007 Industry: Financial Risk & Transparency
Year Founded: 2003 Industry: Procurement Analytics & Spend Management
Year Founded: 2016 Industry: SaaS Management
RapidRatings
Sievo
Zylo
74
71
68
Year Founded: 2018 Industry: Computer Software
Year Founded: 2003 Industry: Lease Lifecycle & Automation Software
Year Founded: 2010 Industry: Cloud, Intelligence & Analytics
Altana AI
LeaseAccelerator
Resilinc
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TOP 100 COMPANIES
67
64
61
Year Founded: 2010 Industry: Contract & Supplier Management Platform
Year Founded: 1999 Industry: Invoicing & Procure-to-pay
Year Founded: 2017 Industry: Predictive Procurement Software
66
63
60
Year Founded: 1991 Industry: Contract Management Software
Year Founded: 2006 Industry: Commercial Operations Transformation
Year Founded: 2017 Industry: Intelligent Sourcing
Gatekeeper
Agiloft
Compleat Software
Conga
Bid Ops
Fairmarkit
65
62
59
Year Founded: 2012 Industry: Sourcing Optimistion & Automation Software
Year Founded: 1945 Industry: Information Technology, Consulting & Business Process
Year Founded: 2001 Industry: Spend Management Solutions
Keelvar
10
Jan 2022
Wipro
Medius
TOP 100 COMPANIES
58
55
Year Founded: 2003 Industry: Computer Software
Year Founded: 2008 Industry: B2B Payments Technology
Kissflow
TransferMate
57
54
52
Year Founded: 2013 Industry: Artificial Intelligence Marketplace
Year Founded: 1999 Industry: Computer Software
Year Founded: 2015 Industry: Tax
Xometry
Beeline
Sovos
56
53
51
Year Founded: 2001 Industry: Open Innovation Marketplace
Year Founded: Industry: Spend Management & Revenue Management
Year Founded: 2013 Industry: Supply Chain Risk
InnoCentive
Corcentric
Riskmethods
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TOP 50
TOP 100 COMPANIES
12
Jan 2022
50
48
Year Founded: 2018 Industry: Automation
Year Founded: 2016 Industry: Spend Management
BRYTER
Spendesk
As a leading no-code platform,
Offering its users an all-in-one
BRYTER helps automate manual
spend management solution,
tasks and improve productivity
Spendesk is a single source of
for purchasing operations.
truth delivering more control,
BRYTER’s solution provides
visibility, and automation
efficiency, end-to-end workflow,
empowering smarter
and visibility.
spend decisions.
49
47
Year Founded: 2005 Industry: Operational Resilience
Year Founded: 2010 Industry: Payables Automation
Interos Inc
Tipalti
Set out to reinvent the way
As the only global payables auto-
supply chains and business
mation solution to streamline AP
relationships are managed,
and payment management work-
Interos helps organisations
flow phases, Tipalti’s holistic cloud
reduce risks, avoid disruption,
platform addresses everything
and achieve superior
from supplier on-boarding to
enterprise adaptability.
compliance and payments.
TOP TOP100 100 COMPANIES
46
45
Year Founded: 2014 Industry: Real-time Engagement
Year Founded: 2008 Industry: Financial Services
Agora
C2FO
Dedicated to developing a
Headquartered in Santa Clara,
future where every company
Agora is a leading real-time
has the capital needed to
engagement (RTE) platform
grow, C2FO’s platform enables
with a mission to make RTE
organisations to work with
ubiquitous so everyone can
suppliers and customers to
interact anytime and anywhere.
improve cash flow.
44
43
Year Founded: 2018 Industry: Supplier Management & Spend Management
Year Founded: 2017 Industry: Spend Management
ZETWERK
Airbase
Providing SMEs a comprehensive
As a universal manufacturing
spend management platform,
network, ZETWERK harnesses
Airbase offers: all-inclusive
technology to transform
accounts payable automation,
traditional methods, reducing
software-enabled corporate
costs, optimise suppliers and
cards, & simplified employee
execute production faster.
expense reimbursements.
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TOP 100 COMPANIES
42
41
Year Founded: 2015 Industry: Supplier Data
Year Founded: 2012 Industry: Finance
Tealbook
AppZen
Using AI and machine
As a leader in AI software for
learning Tealbook’s solution
finance, AppZen uses deep
autonomously maintains
learning, semantic analysis, and
supplier master data, powers
computer vision so organisations
e-procurement, drives supplier
can better understand financial
diversity, and enables
transactions and make smarter
supplier performance.
business decisions.
40
39
Year Founded: 2015 Industry: Information Technology
Year Founded: 2006 Industry: Finance & Information Technology
Globality, Inc.
14
Jan 2022
Anaplan
Harnessing AI and smart
Anaplan helps organisations
sourcing technologies, Globality
share actionable insights, unleash
strives to ensure a level playing
creativity, and drive innovation.
field to ensure every company
Teams can model complex
gets the best service providers at
scenarios, forecast continuously,
the right price for every project.
and make agile decisions.
TOP 100 COMPANIES
38
TripActions
Year Founded: 2015 Industry: Corporate Finance TripActions provides an all-
37
Avetta
Year Founded: 2016 Industry: Logistics & Supply Chain
35
Mirakl
Year Founded: 2012 Industry: SaaS Marketplace Across the B2B and B2C
in-one travel, corporate card,
Connecting leading organisations
industries, organisations can
and expense solution enabling
with qualified suppliers via its
launch marketplaces faster,
visibility and control, using
commercial marketplace platform,
grow bigger, and operate
real-time data to keep travellers
Avetta helps organisations drive
with confidence with Mirakl’s
safe, reduce spend, and
sustainable growth and manage
most advanced enterprise
drive productivity.
supply chain risks.
marketplace SaaS platform.
36
34
The Smart Cube
Zycus
Working with a third of Fortune
Helping enterpirses drive real
100 companies, The Smart Cube
savings, reduce risks, and boost
helps orgnisations make smarter
compliance, Zycus is a pioneer in
decisions, accelerate value and
cognitive procurement software,
gain a competitive edge with
offering data-driven actionable
researches, analyses and tailored
insights for quicker and
sector-specific solutions.
smarter decisions.
Year Founded: 2003 Industry: Management
Year Founded: 1998 Industry: Cognitive Procurement
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TOP 100 COMPANIES
33
Genpact
Year Founded: 1997 Industry: Information Technology Genpact is a global professional
32
Tradeshift
Year Founded: 2009 Industry: Supply Chain Payments & Marketplace
services firm that drives
A leader in supply chain payments
digital-led innovation and
and marketplaces, Tradeshift
digitally-enabled intelligent
helps buyers and suppliers digitise
operations for its clients, solving
their transactions, collaborate on
problems with data, analytics
processes, and connect with any
and artificial intelligence.
supply chain app.
31
30
Year Founded: 2015 Industry: Supplier Data
Year Founded: 2007 Industry: Sustainable Supply Chains
Scoutbee
EcoVadis
Scoutbee helps procurement professional enhance their
EcoVadis is a leading provider of
master data and make better
business sustainability ratings,
sourcing decisions, as well as
intelligence and collaborative
find and onboard new suppliers
performance improvement
around the world via its leading
tools for global supply chains
supplier data platform.
via easy-to-use and actionable sustainability scorecards.
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Jan 2022
TOP TOP100 100 COMPANIES
29
28
Amazon Business
Aera Technology
Driven to change the world of
Providing a scalable digital
procurement, Amazon Business
platform that is integratable
aims to simplify the purchasing
with existing systems, Aera
process making it easier for
Technology is a cognitive
customers to get the products
automation company that helps
they need.
organisations execute business
Year Founded: 1994 Industry: Purchasing
Year Founded: 2017 Industry: Information Technology
decisions in real-time.
27
26
Kofax
The Hackett Group
Combining cognative capture,
As an intellectual property-
RPA, processs orchestration,
based strategic consultancy
analytics and mobile
and leading enterprise
capabilities, Kofax helps
benchmarking firm, the Hackett
organisations to increase
Group provides insights and
business resiliency and
capabilities in sourcing
mitigating compliance risk.
and procurement.
Year Founded: 1985 Industry: Intelligent Automation
Year Founded: 1991 Industry: Consultant
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TOP 25
TOP 100 COMPANIES
24 25 Celonis
Year Founded: 2011 Industry: Computer Software
As a leading provider of missioncritical data and insights, Dun & Bradstreet helps its client to compete, grow, and thrive.
Believing that every company
data cloud and market-leading
can unlock its full execution
solutions, Dun & Bradstreet
capacity, Celonis’ execution
helps to accelerate revenue,
management system provides
manage risk, lower costs, and
users with a set of applications,
transform businesses.
developer studios, and platform
Dun & Bradstreet offers
capabilities to eliminate billions
its customers a variety of
of corporate inefficiencies.
finance, third-party risk, and
Setting itself the task of
supplier management services
tackling the toughest challenges
to streamline receivables
in procurement, Celonis’
management, improve
execution app for procurement
decision making, enable
helps leaders in this function
supplier risk management,
improve supplier reliability,
manage procurement risk, and
control spend and cut costs.
standardise customer data.
services for accounts payable and accounts receivable for organisations to improve or preserve cash flow, optimise working capital, and accelerate productivity in AR and AP.
Jan 2022
Year Founded: 1841 Industry: Data & Insights
Providing its customers with
Celonis also provides
18
Dun & Bradstreet
TOP 100 COMPANIES
23
SirionLabs
Year Founded: 2012 Industry: Contract Lifecycle Management
22
Rimini Street
Year Founded: 2005 Industry: Information Technology & Enterprise Software
21
Accenture
Year Founded: 1989 Industry: Consultant
Rimini Street is a global provider
Helping leading organisations
of enterprise software support
Being a global professional
around the world ‘contract
products and services, and a
services company with leading
smarter’, SirionLabs provides its
leading third-party support
capabilities in digital, cloud,
users with leading innovations,
provider of Oracle and
and security, Accenture has
unrivaled contact lifecycle
SAP products.
‘unmatched experience’ and
management (CLM) and a deep
The widely recognised
‘specialised skills’ across more
commitment to customer
organisation helps others to find
success.
and understand all options for
When it comes to sourcing
procurement to gain leverage
and procurement, Accenture
contracting platform connects
and savings in IT spend
helps leaders develop a digital
enterprise teams together to
categories such as ERP and
procurement approach for their
author stronger agreements,
database software.
organisation, driving growth while
SirionLabs’ easy-to-use smart
manage risk and strengthen
Rimini Street’s programme
counterparty relationships.
offers a wide range of premium
The trusted solution allows
than 40 industries.
continuing to get the basics right. Accenture helps leaders
features that are ultra-responsive
across finance, supply chain and
organisations to stay one step
and includes maintenance
procurement ‘embraces the
ahead of supplier agreements
and strategic services,
power of change’ to create value
with complete visibility and deep
as well as expert support
and shared success for its clients,
contract intelligence. Users can
for customisations.
people, shareholders, partners
also benefit from automatic
and communities.
vendor performance monitoring, risk identification, and insights to strengthen the supply chain.
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TOP 100 COMPANIES
20 DocuSign
Year Founded: 2003 Industry: Contract Management With more than a million customers, and over a billion users worldwide, DocuSign helps organisations accelerate the process of doing business
19
Achilles Information Ltd
Year Founded: 1990 Industry: Risk Management
and simplify people's lives by connecting and automating the
Connecting suppliers with
way their functions prepare, sign,
leading buyer organisations
act on and manage agreements.
across 11 global industries,
For those operating in the
Achilles Information Ltd strives
procurement function, DocuSign
to create an efficient network
helps to transform the Procure-
of highly qualified businesses.
to-Pay process, increase visibility
Using smart, data-driven insights,
into unnecessary risks, and
Achilles Information Ltd provides
provide savings opportunities
its customers with opportunities
with cloud technology, contract
to grow.
analysis, and a centralised and streamlined process.
Being a global leader and partner of choice in supply chain risk and performance management, Achilles Information Ltd has been operating for over 30 years offering transparent partnerships, innovative products and services, and value for money solutions.
20
Jan 2022
TOP TOP100 100 COMPANIES
18
Pegasystems
Year Founded: 1983 Industry: Computer Software Delivering innovative software for business complexities, Pegasystems helps organisations increase customer lifetime value, streamline services to boost
16 17 Infosys
Year Founded: 1981 Industry: Consultant
Workday
Year Founded: 2005 Industry: Computer Software As a leading provider of enterprise cloud applications, Workday offers its services to those in finance, HR and planning, delivering financial
efficiency, solve problems faster,
Operating for 40 years as a next-
management, human capital
and transform operations.
generation digital services and
management, and analytics
consulting company, Infosys
applications for the world’s
to make better decisions by
collaborates with its clients
largest companies
harnessing real-time AI and
in over 50 countries to navigate
and organisations.
intelligent automation.
their digital transformation journey.
Pegasystems helps its clients
“Since 1983, we’ve built our
Infosys helps its clients by
When it comes to the procurement function,
scalable architecture and low-
enabling them with AI-powered
Workday offers its customers
code platform to stay ahead
solutions to prioritise the
a variety of services including
of rapid change. Our solutions
execution of change and
financial management, spend
save people time, so our clients’
deliver at scale unprecedented
management, analytic, reporting,
employees and customers can
levels of performance and
and procure-to-pay.
get back to what matters most.”
customer satisfaction. Infosys provides its sourcing
Workday helps its users to solve some of the greatest
and procurement solutions to a
businesses challenges,
variety of industries, which are
empowering decision making
designed to provide customers
with better insights, driving
with access to advanced
supplier engagement, freeing
AI-based capabilities, for faster
up time with automation, and
decision making.
improving flexibility.
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TOP 100 COMPANIES
15 Ivalua
14
13
Year Founded: 2009 Industry: Contract Lifecycle Management
Year Founded: 1963 Industry: Consultant
Icertis
Boston Consulting Group (BCG)
Year Founded: 2000 Industry: Source-to-Pay
‘Pushing the boundaries of what’s
Operating as a consultant for
possible’, Icertis is a contract
over half a century, Boston
Ivalua is a leading Source-to-Pay
lifecycle management (CLM)
Consulting Group (BCG) is a
suite used by more than
company that boasts unmatched
partner of leading businesses
300 leading companies around
technology and category-defining
and societies to tackle important
the world.
innovation.
and complex challenges, as well
Managing over US$500bn in
Utilising AI technology, Icertis’s
direct and indirect spend, Ivalua
contract intelligence (ICI) platform
offers its client an easy-to-use
transforms customers’ contracts
and flexible platform to ensure
from static documents to a
was a pioneer in business
high adoption, rapid time to
strategic advantage with structure
strategy. Today the company
value, and the ability to meet
and connectivity.
works with many clients to
unique or evolving requirements. Ivalua’s platform provides
Recognised by the procurement
as capture opportunities for growth. When it was founded, BCG
embrace transformations,
industry as a clear contract
empower growth, build
users with automation
management software leader,
sustainable and competitive
capabilities to free up time
Icertis is driven by its vision
advantages, and drive positive
for more strategic activities,
to transform the foundation
societal impacts to make the
the insights for better and
of commerce and develop
world a better place.
faster decision making, and
organisation-wide contract
the connectivity to collaborate
intelligence.
with both suppliers and internal stakeholders in a single platform.
Being the first company to grasp
Jan 2022
BCG helps sourcing and procurement leaders define core
the truly transformative potential
values and identify investment
of CLM, Icertis has pursued this
areas to create value.
vision for more than a decade.
22
In the procurement space,
TOP 100 COMPANIES
12 Basware
Year Founded: 1985 Industry: Cloud & Automation
11 Deloitte
Year Founded: 1845 Industry: Consultant Operating as a consultant for nearly two centuries (176 years), Deloitte helps organisations become leaders in both their
Basware is a global company with
fields and locations. The
Finnish roots. The leading provider
company invests in outstanding
of cloud-based, software-as-a-
people with diverse talent and
service (SaaS) business solutions.
backgrounds, empowering
The company’s mission is to empower global trade with data-
them to achieve more. “Our work combines advice with
driven insights, creating a future
action and integrity. We believe
built on complete transparency
that when our clients and society
into the flow of money, goods,
are stronger, so are we.”
and services. “We call this visible commerce.” Being an award-winning
When it comes to Deloitte’s sourcing and procurement services, the consultant has
technology provider for finance
a track record of tackling the
and procurement, Basware has
complex challenges in the
the largest open business network
function, enabling clients to
and open technology ecosystem,
deliver and sustain measurable
that enables organisations to fully
and impactful results.
manage their spend, mitigate financial risk, and reduce the cost of operations.
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TOP TOP 100 COMPANIES
24
Jan 2022
P
TOP 100 COMPANIES
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TOP 100 COMPANIES
10 Capgemini
Year Founded: 1967 Industry: Information Technology
09
Epicor Software
Year Founded: 1972 Industry: Computer Software With nearly 50 years of expertise, Epicor Software provides a variety of services beneficial for the procurement function including financial management; supplier
Being a global leader in technological
relationship management; governance,
transformation, Capgemini is driven by
risk and compliance; ecommerce; data
its purpose of ‘unleashing human energy
management; business intelligence;
through technology for an inclusive and
inventory management; and many more.
sustainable future’. With its deep industry expertise,
Epicor Software’s innovation solutions are carefully designed to fit the needs
Capgemini is trusted by its customers
of its customers, and built to be flexibly
to address their needs with innovative
responsive to the fast paced changes
cloud, data, AI, connectivity, software,
of the real world.
digital engineering and platform solutions. Working closely with its customers
“We’re here for the hard-working businesses that keep the world turning. They’re the companies who make, deliver,
in procurement, Capgemini helps
and sell the things we all need. They trust
its clients to reap the benefits of the
Epicor to help them do business better.”
close alignment between operational procurement and accounts payable. “We work closely with you to design and deliver a solution that finds the balance between industry best practice and the unique requirements of your business.”
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Jan 2022
TOP TOP100 100 COMPANIES
08
Bain & Company Year Founded: 1973 Industry: Consultant
07 EY
Year Founded: 1989 Industry: Consultant
Being a global consultant, Bain & Company has been operating
Dedicated to building a better working
for 48 years, helping the world’s most
world, EY helps its clients, people,
ambitious organisations and change-
and society to create long-term value
makers ‘define the future’.
and build trust in the capital market.
Working closely with procurement
Harnessing data and technology, EY
functions within an organisation, Bain
enables customers to grow, transform,
& Company helps to identify and
and operate in today’s environment.
realise cost savings across all spend
When it comes to procurement, EY’s
categories and procurement levers.
procurement function includes 450
Bain & Company helps to develop an
professionals and innovative trendsetters
organisation’s capabilities to ensure
around the world who embrace
sustainable gains and growth long-term.
transformation and work as trusted
Bain & Company’s services include
business advisors to improve financial
strategic procurement planning, buy
performance, drive innovation, and
better and spend better, closed loop
increase efficiencies.
saving capture, capability building, and digital foundations and enablers. “Our Strategic Procurement Planning
“We develop outstanding leaders who team to deliver on our promises to all our stakeholders. In doing so, we play a
process enables you to chart an
critical role in building a better working
effective path to savings based on
world for our people, for our clients and
in-depth cross-functional alignment
for our communities.”
and an unwavering focus on your overall business strategy.”
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TOP 100 COMPANIES
06 GEP
Year Founded: 1999 Industry: Source-to-Pay With more than 20 years of industry experience, GEP is a leading provider of Source-to-Pay (S2P) solutions for procurement. The company's GEP SMART solution offers users a single, cloud-native procurement platform to manage all
05 IBM
Year Founded: 1911 Industry: Information Technology
direct and indirect spend with ease and accessibility. GEP’s unified S2P procurement
As a leading cloud platform and cognitive solutions provider, IBM has
software platform offers end-to-
been dedicated to innovation since
end procurement functionalities,
its founding. IBM is one of the largest
with a comprehensive range of tools
technology and consulting companies in
to eliminate the need for separate,
the world with over 350,000 employees
standalone software, modules, or tools
in 170 countries.
for managing specific functions. “GEP SMART helps streamline the
With IBM’s supply chain services, the company helps its clients ‘build smarter
end-to-end procurement process,
supply chains for today that are ready for
accelerating digital transformation,
tomorrow’.
elevating your procurement team’s
IBM helps those in procurement and
performance to a whole new level, and
supply chain, drive resiliency, agility
enhancing its strategic reach
and predictability; enable intelligent,
and impact on the business.”
end-to-end supply chain visibility and transparency; Minimise the complexity of supplier onboarding and collaboration; and deliver on more customer promises.
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Jan 2022
TOP 100 COMPANIES
04 Oracle
Year Founded: 1977 Industry: Cloud Technology Providing its cloud, computing infrastructure, and software solutions to organisations around the world, Oracle
03
Coupa Software
Year Founded: 2006 Industry: Business Spend Management
helps its customers innovate, unlock efficiencies and become more effective. Oracle created the world’s first - and only
Empowering global organisations with visibility and control to manage their
- autonomous database designed to help
spend smarter and safer, Coupa Software
organise and secure customer data.
is a cloud platform for business spend
When it comes to procurement, Oracle’s Fusion Cloud Procurement suite automates
management (BSM). The company’s single platform allows
the procure-to-pay, strategic sourcing
users to manage all transactions across
and supplier management processes. The
procurement, payments, and supply chain.
integrated source-to-settle suite helps
Coupa Software’s comprehensive platform
users streamline shopping and manage
has been designed for the end-user to
spend; manage direct materials, services,
provide ease of use and flexibility.
and complex procurement; increase agility
Coupa Software is driven by its mission to
with supplier relationship management
deliver business value. “It’s more than how
(SRM); manage supplier contract lifecycle
much you paid for something or what a new
and compliance; and much more.
solution saved. Value is the quantifiable, measurable improvement that a solution or process delivers. It’s explicit, but it isn’t a singular achievement or a moment in time.”
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02 TOP 100 COMPANIES
The JAGGAER ONE Platform
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Jan 2022
TOP 100 COMPANIES
JAGGAER
Year Founded: 1995 Industry: Procure-to-Pay
Operating for more than 25 years, JAGGAER is a
The cloud-based technology company provides
leading Procure-to-Pay (P2P) provider for higher
those in procurement JAGGAER One which offers
education and governments. JAGGAER’s solutions
users modular solutions for spend analytics,
provide eProcurement and strategic sourcing
category management, supplier management,
customers with the best suppliers and the best terms
sourcing, contracts, eProcurement, invoicing,
that can be accessed via its scalable, customisable,
inventory management, supply chain collaboration,
and user-friendly platform.
and quality management.
“Our SaaS-based, source-to-settle solution provides
JAGGAER is driven by its mission and vision to drive
unparalleled visibility, insights and recommendations
customer value for buyers and sellers through its
to procurement leaders and suppliers. The result is a
global connected network, and provide its customers
fluid supply chain driven by powerful spend analysis,
and partners with the most intelligent, transparent,
comprehensive contract management and efficient
frictionless commerce in the markets it serves.
accounts payable solutions.” Across the entire procurement process, JAGGAER’s
“JAGGAER will always provide the best available talent for the project or task in hand – individuals who
platform offers a full digital transformation cutting
are passionate about what they do, know the subject
customer savings annually by US$1bn, reducing
matter inside out and are motivated to deliver
process costs by 80%, and lowering error rates by 75%.
world class results.”
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TOP 100 COMPANIES
SAP Ariba Procurement Solutions
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Jan 2022
TOP TOP100 100 COMPANIES
SAP Ariba
Year Founded: 1996 Industry: Computer Software
Being the world’s largest business commerce network, SAP Ariba combines industry-leading cloud-based applications with the largest internet-based trading community to drive collaboration. With the Ariba Network, organisations can connect to their partners anywhere, anytime, from any application or device for more efficient and effective buying, selling, and management of cash. When it comes to digitising the procurement process, SAP Ariba’s solution helps organisations to digitise and simplify the entire end-to-end process via a single, integrated platform in the cloud. SAP Ariba’s platform can be split into three core categories: • Source: allowing organisations to make better decisions with spend analysis insights, negotiate best-value agreements, minimise risk, and accelerate the contract lifecycle with contract management.
• Procure: helping organisations to cut costs, ensure compliance, lead employees to preferred suppliers, and transact easily and confidently with all suppliers. • Pay: strengthening financial supply chains by transforming payables into strategic assets, automating accounts payable, gaining visibility, and improving cash flow. “Your organisation needs more from procurement. As business moves faster and faster, more spending is happening across more channels using more payment methods than ever before [...] SAP Ariba solutions create direct, intelligent connections between your business and your suppliers and targeted solution providers, redefining how you communicate, collaborate, and get work done.”
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To all the Companies who were nominated and took part in the Top 100 Companies in Procurement...
Thank You!
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