SpendMatters: Spend Matters Releases its 2021 Procurement Technology "50 Providers to Know," "50 Providers to Watch" and "Future 5" Lists

Jacksonville, Florida, Oct. 11, 2021 (GLOBE NEWSWIRE) -- For the 8th year in a row, Spend Matters has released its annual "50 Procurement Providers to Know" and "50 Procurement Providers to Watch" lists - plus the 3rd annual "Future 5" list of noted start-ups. Each year, our technology analysts assess the capabilities for an array of companies across 10 procurement technology market sectors to determine the lists totaling 105 vendors in the industry. These represent the best-in-class companies you need to know about as well as the up-and-coming, growing firms to keep your eye on. This year, the lists are being released in conjunction with the SIG Global Executive Summit taking place Monday through Wednesday in Carlsbad, California. "We are so excited to be hosting the announcement of the '50 Procurement Providers to Know' and '50 Procurement Providers to Watch' at the 2021 SIG Global Executive Summit," said Dawn Tiura, CEO of Sourcing Industry Group (SIG). "The analysts at Spend Matters bring technology alive and always provide such incredible insights for our members." The 2021 lists include nine providers that have earned the "50 Providers to Know" distinction each and every year the lists have been published! These include Basware, Beeline, Coupa, DocuSign (Seal Software), GEP, SpendHQ, Ivalua, Jaggaer and Oracle. Whereas ABBYY, Fleetcor and Kofax Readsoft are brand-new to the 2021 "to Know" list. Eight vendors jumped from the "Watch" to the "Know" list, including Brightfield (TDX), Conga (including Apptus), EC Sourcing, IntegrityNext, Suplari (Microsoft), Tealbook, Transfermate and VNDLY. Almost one-third of the "50 Providers to Watch'' list represents new honorees, with 13 companies included for the first time. In addition, 2021 marks the 3rd annual release of the "Future 5" list by Spend Matters. Throughout the year, the analysts issue analyses of procurement tech newcomers. This list is comprised out of the most impressive procurement technology start-ups that meet the following criteria: Is less than 5 years old, ideally with less than 2 years in the market (official product launch) Has 5+ customers Has an innovative, interesting application of ...Full story available on Benzinga.com