Spend Matters Recognizes Spend Analytics Solution SpendHQ as a 2021 “50 Providers to Know”
Atlanta, October 12th – SpendHQ, the industry-leading spend analytics solution provider, lands on the Spend Matters 2021 “50 Providers to Know” list. This announcement marks SpendHQ’s eighth consecutive year receiving this recognition.
The “50 Providers to Know” list from Spend Matters recognizes the best-in-class companies in the procurement and supply chain market; firms that are leading the charge on new procurement technologies and services, setting the industry standard. Vendors listed are independently selected by the analyst team over multiple rounds of debate, focusing on factors such as innovation, market presence, tech competency, and solution delivery. In addition to being recognized by Spend Matters as a Provider to Know, SpendHQ was named as a Value and Customer Leader in Spend Matters’ Q1 2021 SolutionMap for Procurement and Spend Analytics.
“Never has procurement technology been more front of mind for businesses. With companies heavily scrutinizing their supply chains and bottom lines to protect against volatility, the procurement technology space has in 2021 gained only greater notoriety — from customers and investors alike,” said Nick Heinzmann, Spend Matters Analyst Team Lead.
“In the context of global shocks, innovative new take on what ‘source-to-pay’ includes and an urgent re-evaluation of what businesses should value beyond the balance sheet, we’re pleased to present Spend Matters’ annual ’50 Providers to Know’, ’50 Providers to Watch’ and ‘Future 5’ listees, determined by the entire Spend Matters analyst team to represent the best of the technology providers that serve procurement, finance and supply chain organizations.”
SpendHQ is a spend analytics solution leader that provides rapid, accurate, and detailed visibility into enterprise spend data. This full-service SaaS spend analytics solution delivers actionable insight for sourcing and procurement professionals. SpendHQ has been recognized as an industry leader by Spend Matters’ SolutionMap, Ardent Partners’ Key Solution Providers, and Procurement Leaders’ World Procurement Awards.
Content Marketing Manager, SpendHQ
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