For the fourth consecutive quarter, the top global procurement analyst and research firm recognizes the Aquiire real-time P2P suite “top tier” for purchasing, catalog management, configurability, value and ROI.
Aquiire, Inc., a leader in real-time eProcurement and supplier relationship management solutions, is recognized as an industry “Value Leader” and “Customer Leader” in the Spend Matters 2018 Q3 eProcurement Technology SolutionMapTM for the fourth consecutive quarter. The designation is given to eProcurement solution providers that received both strong analyst and customer scores in several evaluation personas.
Spend Matters’ eProcurement SolutionMap ranks eProcurement solution providers on five unique buying personas and enables procurement leaders to reflect and decide what specific strengths matters most for their organizations. The personas include: Nimble, Deep, Configurator, Turn-Key and CIO-Friendly.
Spend Matters recognized Aquiire as Value Leader and Customer Leader in the five buying personas. The analysts also recognized the Aquiire for its patented, real-time innovations in search and shopping, customer perceived value, catalog management, configurability, meeting customer expectations, total cost of ownership (TCO), and return on investment (ROI).
“We set out to develop a highly configurable ranking of eProcurement solution provider capabilities to reflect persona-based customer requirements, quarterly market developments, peer reviews and innovation. SolutionMap is the culmination of our efforts. No two procurement organizations are the same, and often selecting the right eProcurement provider doesn’t come down to technological capability alone,” said Jason Busch, Founder and Lead Analyst at Spend Matters. “SolutionMap rankings are based equally on demonstrated solution capabilities, as well as input from their real-life customers.”
About Spend Matters
Spend Matters is a leading global B2B network focused on procurement and supply chain content with hard-hitting research, analysis, commentary and breaking news coverage. Spend Matters has expertise and depth of knowledge from many contributors, ranging from senior practitioners and consultants to technology experts.
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 patented, real-time B2B e-commerce shopping from a single search, advanced machine learning to improve search relevance and spend visibility, and cutting-edge supplier relationship management technologies to automate buyer/seller collaborations. Aquiire’s best-in-class, intuitive user interface and real-time lower-price comparisons from alternative suppliers deliver untapped savings on indirect spend. The patented, real-time processing of structured and unstructured data also powers advanced capabilities like instant alerts, risk analysis, analytics and price/product compliance enforcement.
Aquiire holds patents covering a Method and System for Providing Online Procurement Between a Buyer and Suppliers over a Network (US7756750); Methods and systems to maintain, check, and audit contract and historical pricing in electronic procurement (US10068266); Integration of Buy-Side Procurement with Web-Enabled Remote Multi-Format Catalog Sources (US 9070164); and Methods and Systems for Integrating Procurement Systems with Electronic Catalogs (US 9996863). Aquiire has several other patent applications pending.
About Aquiire, Inc.
We are more than procurement thought leaders and disrupters. We are technology entrepreneurs, innovators and collaborators. Aquiire’s eProcurement SaaS platform was developed through real-world collaboration with procurement leaders from some of the largest global enterprises and public institutions. We believe procurement should move in real time, just like your business. Aquiire is MBE Certified and one of several portfolio companies of Vora Ventures. More information is available at www.Aquiire.com. Twitter: @Aquiire.
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