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Spend Matters Names Aquiire a Top Procurement Software Provider to Watch for Second Consecutive Year

Leading supply chain and procurement research and consulting firm recognizes Aquiire’s real-time procure-to-pay (P2P) software suite as a leading-edge solution in the eProcurement industry.

Aquiire, Inc., the leader in real-time eProcurement and supplier relationship management solutions and recent winner of the 2017 Institute for Finance and Management (IOFM) Game Changer Award, was recognized as a Spend Matters 2017 Procurement Software Provider to Watch on their annual 50 Providers to Watch List. Spend Matters representatives presented the award to the Aquiire leadership team on May 22 during the ISM Annual Conference in Orlando, Florida at the Disney Coronado Spring Resort.

The Spend Matters annual 50 Providers to Watch list is a list of innovative, up-and-coming companies that are providing cutting-edge solutions for the procurement, supply chain and financial management industries. This is the second consecutive year Aquiire has earned this recognition.

“We are honored to once again receive this outstanding recognition from Spend Matters,” said Mike Palackdharry, Aquiire President and CEO. “The innovations we are leading by utilizing our patented real-time technologies with universal search, AI and machine learning capabilities are opening up unexploited areas of cost savings in procurement. The savings data we are collecting and analyzing for our customers is helping them see how procurement can be managed in new and compelling ways.”

Palackdharry said that the Aquiire B2B marketplace and associated eProcurement solutions are the most advanced in the industry at providing always fresh, real-time actionable data to the end user to exploit ever changing buying propositions. He added that Aquiire’s real-time technologies can deliver 25-30% more savings than other eProcurement competitors in the market, while providing purchasing control, procurement insight and procure to pay process automation.

About the Aquiire eProcurement Suite
Aquiire’s intelligent real-time Procure-to-Pay suite brings the convenience and simplicity of the consumer shopping experience to the business user with unparalleled compliance and savings. Aquiire features universal search and shopping, machine learning, actionable intelligence and collaborative supplier enablement solutions, all utilizing patented technologies. Aquiire’s best-in-class intuitive user interface and real-time low price comparisons from alternative suppliers deliver untapped savings on spend. The real-time processing of structured and unstructured data also powers advanced capabilities like instant alerts, risk analysis, analytics and price/product compliance enforcement.

About Aquiire, Inc.
We are more than procurement thought leaders and disrupters. We are technology entrepreneurs and innovators. Aquiire’s eProcurement platform was developed through real-world partnerships with procurement leaders from some of the largest global enterprises and public institutions. We believe procurement should move as fast as your business and real time matters. Aquiire is an Oracle Integration Gold Partner and the winner of the 2017 IOFM Game Changer Award recognizing companies that meet the highest standards of design, ease of use and conformance to appropriate accounting standards. Aquiire is MBE Certified and one of several portfolio companies of Vora Ventures. More information is available at Twitter: @Aquiire.

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