We are honored to be considered a trusted name in the procurement and supply chain industry as a resource in money savings and supplier security. We understand that role is more important than ever as procurement professionals rely on us in today's age of tightening budgets and questionable supply chains.
For nearly eight years, the complementary Spend Matters lists have been a staple, go-to-guide for essential industry players in the procurement and supply chain arenas. Companies looking to streamline and modernize their operations consult this list as a directory of reputable technology providers.
About this award:
Each year the 50 to Watch list highlights up-and-coming companies in the in the procurement and supply chain sector. These companies are recognized as solution providers dedicated to continued development by perfecting innovative products that move the market in a positive direction. Each vendor is independently selected through numerous rounds of debate and collaboration by a team ofexpert analysts. Key factors for deliberation are growth, innovation, tech capabilities and solution delivery.
The counterpart to the 50 to Watch list is 50 to Know list. Those featured are best-in-class procurement and supply chain companies. The named organization are amongst the most world-renowned B2B solutions providers, who are fundamentally changing the industry with forward-thinking solutions to increase efficiency, accuracy, and overall operational performance; they are undoubtedly setting a new industry standard. The panel of judges assessed each nominee for innovation, market presence, tech competency and solution delivery when determining the winners.
Both sets of rankings are subject to the SolutionMap evaluation process. Consultancy firms without a technology offering are no longer considered for either roster, which leaves room open for other up-and-comers and industry strongholds. The suppliers on the 50 to Watch seldom appear on the following year’s list, due to profound changes in their products, or by having outgrown their status as an up-and-comer and subsequently transitioning to the 50 to Know lineup.