Top 100 Companies in Procurement 2022

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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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MEDIA SALES DIRECTORS

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CHIEF OPERATIONS OFFICER

STACY NORMAN CEO

GLEN WHITE


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

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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”

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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

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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

30

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.”

procurementmag.com

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TOP 100 COMPANIES

SAP Ariba Procurement Solutions

32

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!

A BizClik Media Group Brand


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