Spend Matters Releases SolutionMapSM Analyses — Vroozi Ranked as Customer Leader & Value Leader
Tuesday, October 17, 2017
Chicago, IL – Spend Matters has released its Strategic Procurement Technologies SolutionMap rankings today, offering tailored and current assessments of solution providers’ capabilities. Vroozi is honored to appear as a Value Leader and Customer Leader across the E-Procurement, Invoice-to-Pay (I2P), and Procure-to-Pay (P2P) categories.
Jason Busch, Founder of Spend Matters and Lead Solution Analyst. “We set out to develop a useful approach to ranking solution providers by process competency for procurement executives to better understand market developments. Reflecting customer experiences and technological innovation across the myriad of solutions, SolutionMap is the culmination of our efforts.”
Each SolutionMap comparatively ranks procurement and supply chain technology providers and comprises equal parts customer (peer) and analyst input. The maps reflect different organizational needs through ‘buying personas’ and are updated quarterly to show market developments
SolutionMap helps procurement executives stay on top of technology advancements and understand how they can work to streamline the function based on their buying organization’s needs. Each persona ranking is based on a set of weighted requirements, mapping different organizational needs to a recommended set of technology providers based on both customer reviews and analyst scoring.
“No two procurement organizations are the same, and often selecting the right solution provider doesn’t come down to technological capability alone,” said Busch. “That’s why SolutionMap rankings are based equally on demonstrated technology / solution capability and input from real-life customers.”
Today also marks the update of eProcurement, Invoice-to-Pay (I2P) and Procure-to-Pay (P2P) SolutionMap rankings. These were first launched in April of 2017.
SolutionMap is freely accessible and easy to navigate. Visit https://SpendMatters.com/SolutionMap to review the Q4 rankings and learn more about the methodology.
Vroozi®, the leading cloud-based business purchasing platform makes business shopping easier, more efficient, mobile-first, and enjoyable. Vroozi is designed for companies who want to empower their employees, connect with their suppliers, and maintain spend visibility from anywhere, anytime. Vroozi has a proven solution within the enterprise space, and is now democratizing the procure-to-pay process by bringing that powerful, enterprise-grade functionality to the mid-market. Vroozi customers range from the mid-market to Fortune 1000 companies and privately held enterprises across several industries – entertainment, healthcare, technology, manufacturing, defense and services. The digital platform reduces transactional costs, maximizes efficiency and improves business margins while giving powerful insights into financial data. For more information, visit www.vroozi.com and follow along on LinkedIn, Twitter and Instagram.
About Spend Matters
Spend Matters is the leading global procurement media, analyst and research brand. Combining daily news coverage with subscription research, deep technology analysis, and one-to-one advisory services, Spend Matters provides meaningful insight and tailored solutions for procurement organizations, consultants, investors and solution providers. Spend Matters is owned and managed by Azul Partners, Inc., one of the largest independent B2B digital media publishers.
Carina Kuhl, VP Marketing, Azul Partners, Inc.
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