Spend Matters Ranks SpendHQ as a Customer Leader in Spring 2022 SolutionMap

ATLANTA, GA/ACCESSWIRE/June 2, 2022/ SpendHQ ranks among the customer leaders in Spend Matters’ latest release of its Spring 2022 SolutionMap benchmarking. This release features technology rankings that include 69 vendors. Recognized as the industry’s most rigorous and data-driven capability assessment of procurement technologies, SolutionMap contains over 500 RFI requirements across 10 categories of source-to-pay modules and suites to identify the true capabilities of each participating supplier.

Hundreds of customer references have been considered and validated by the Spend Matters team. SolutionMap is updated and released every six months to accurately reflect solution updates. Since its launch 5 years ago, the SolutionMap rankings have been viewed more than 270,000 times by procurement professionals. SpendHQ was ranked with above average customer scores for all three SolutionMap Marketplace Personas.

“Spend analytics extends to broader “supply” analysis in more advanced procurement organizations. Technology that supports spend analytics efforts includes spend classification, a broader data layer support, reporting, reporting, dashboarding and benchmarking, as well as out-of-the-box functional reports – and more. represents one of the first implementations of sourcing technology for artificial intelligence, as well as in some cases,” said Jason Busch, Founder and Principal Research Analyst at Spend Matters.

SpendHQ welcomes and appreciates feedback from customers and analysts who participate in the SolutionMap process. As a regular participant in Spend Matters’ SolutionMap series, SpendHQ has continued to feature in the rankings.

“Through regular customer feedback, interviews, as well as our Customer Advisory Board, our SpendHQ team has truly put the customer first by using their feedback to drive updates and innovative new features to the platform. -shape,” SpendHQ CEO Scott Macfee said. “As a leading client ranked by Spend Matters, we have already launched several new features this year like Insights, Connectors and Self Service, with more announcements on the way.”

About expenses

Spend Matters is the leading source of solutions information for procurement and supply chain professionals. Combining in-depth technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is recognized by CPOs, consultants, investors and solution providers as a technology watch on purchases.

About SpendHQ

SpendHQ is a purchasing analytics solution that provides fast, accurate, and detailed visibility into business spend data. Built by sourcing professionals for sourcing professionals, this full-service SaaS spend analytics solution delivers actionable insights to every stakeholder. The SpendHQ platform and solutions team serves all industries and counts some of the largest organizations in the world among its customers.

SpendHQ has been recognized as an industry leader by Spend Matters’ SolutionMap, Ardent Partners’ Key Solution Providers, and the World Procurement Leaders in Procurement Awards.

Media Contact

Debbie Raymundo
Marketing Director, SpendHQ
404.891.0377 | draymundo@spendhq.com

THE SOURCE: SpendHQ

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