SpendHQ: a Value and Customer Leader in Spend Matters SolutionMap™ for Spend Analytics

 In Company News, Procurement Blog, Spend Analytics Software

SpendHQ Lauded for Software and Services Capabilities

SpendHQ, the leading SaaS spend analysis solution created for procurement and sourcing leaders, announced today that it was recognized as a Value and Customer Leader in the Q2 2019 release of Spend Matters SolutionMap for Procurement and Spend Analytics. 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 need.

Rankings are based on a set of weighted requirements, mapping different organizational needs to a recommended set of spend analytics technology providers based on customer reviews and analyst scoring. By combining equal parts customer feedback with analyst assessments, SolutionMap reflects both real-life user experiences and technological innovation across the myriad of solutions.

“We set out to develop a highly configurable ranking of supplier management solution provider capabilities to reflect persona-based customer requirements, quarterly market developments, peer reviews and innovation. SolutionMap is the culmination of our efforts,” said Busch. “That’s why SolutionMap rankings are based equally on demonstrated solution capability and input from real-life customers.”

SpendHQ is consistently recognized as an outcome-focused solution delivering a combination of best-of-breed software capability and consulting services that support a Total Cost of Ownership approach. Our rich sourcing heritage enables mid- to large-size enterprises to avoid the pitfalls of traditional spend visibility tools by delivering results that create a defensible ROI for spend analysis.

View the report in its entirety and learn more about how SpendHQ can solve your organization’s spend visibility challenges. For an in-depth review and expert analysis on SpendHQ, click here to receive the complementary research by Spend Matters.

 

About the 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 publishes more research than any other analyst firm and has unmatched subject matter expertise and depth of knowledge from its wealth of contributors, ranging from senior practitioners and consultants to technology experts. Spend Matters is operated under management company Azul Partners.

 

About SpendHQ

SpendHQ is a spend analysis solution that provides rapid, accurate and detailed visibility into enterprise spend data. This full-service Software-as-a-Service (SaaS) spend analytics solution delivers actionable insight for sourcing and procurement professionals. With SpendHQ as your command center, you give procurement leaders inside your organization the power to impact the bottom line.

Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list and named the Best Big Data Reporting & Analytics Solution and Best Data Visualization Technology Solution at the 2018 SIIA CODiE Awards. With SpendHQ at their fingertips, clients ranging from Fortune 500s to mid-market companies are finally able to see their enterprise spend clearly and drive savings confidently.

As a subsidiary of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge. Inc. magazine has ranked Insight Sourcing Group among the fastest-growing private companies in America every year since 2008. In 2017, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the U.S. by Vault.com. To learn more about SpendHQ’s spend analysis solution and start taking control of enterprise spend data, request a custom spend analytics demo today.

Stay up to date with all things procurement by visiting SpendHQ’s procurement blog and by following on LinkedIn.

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