Global procurement technology provider recognized for its solution strength and customer value; leads across key product categories
RESEARCH TRIANGLE PARK, N.C.–(BUSINESS WIRE)–#AutonomousCommerce—JAGGAER, the global leader in Autonomous Commerce, today announced it has been named a Value Leader, the highest designation, in Spend Matters’ Spring 2022 SolutionMap rankings. JAGGAER was evaluated against 67 other procurement technology vendors and achieved above average analyst and customer scores across major product categories.
JAGGAER ONE secured the Value Leader ranking for all buying personas in the source-to-pay (S2P) and source-to-contract (S2C) categories. The platform was also ranked a Value Leader for both the MID (upper middle market) and LARGE (large and multinational corporation enterprises) buying personas across Sourcing, Supplier Relationship Management and Risk, Spend Analytics, Contract Lifecycle Management, eProcurement, Procure-to-Pay, and AP Automation/Invoice-to-Pay.
“We’re thrilled to be named a Value Leader by Spend Matters because it’s a big testament not only to the strength of our product offering, but also to the positive experiences and results we’ve helped drive across our amazing customer base,” said Jim Bureau, JAGGAER’s CEO. “We are big on customer success at JAGGAER and helping our customers achieve their strategic goals.”
Spend Matters’ data-centric functionality assessment is a rigorous evaluation of procurement technology providers. SolutionMap ranks solution providers using equal parts analyst- and customer-based scoring inputs and contains 500+ RFI requirements across 10 S2P module and suite technology categories. SolutionMap is updated and published every six months to reflect changes in the market.
“SolutionMap 2.0 is about buying and selling procurement technology based on buyer needs,” says Spend Matters Founder Jason Busch. “We put the procurement technology vendors through the wringer during the review process. A typical vendor in one technology area, say eProcurement, now needs to complete self-scores and reasoning for 300-500 RFI requirements, then proof them through the demo process. For a suite provider the requirements run in the thousands. We went deeper to get more specific and objective around the information request.”
Check out the full Spend Matters Spring 2022 SolutionMap rankings.
Learn more about JAGGAER and its Autonomous Commerce strategy.
About JAGGAER: Autonomous Commerce
JAGGAER is leading the Autonomous Commerce revolution, a self-governing B2B commerce experience between buyers, suppliers, things (IoT) and partners. Over $500 billion worth of goods flow frictionlessly through our Enterprise Commerce Network every year. Leveraging AI and machine learning, our intelligent procurement solutions provide enterprise buyers and suppliers smart-match recommendations that align buyer needs with supplier capabilities. Our solutions autonomously execute many of the repetitive, behind-the-scenes tasks required to facilitate enterprise commerce. We are Networked, Intelligent, Comprehensive and Extensible. We are over 1,100 employees strong, all focused on customer success. For more information, visit www.jaggaer.com
About Spend Matters – Solution Intelligence for Procurement
Spend Matters started as the first blog and social media site in the procurement and supply chain sector and has since grown into the leading source for data-backed technology and solutions intelligence. Serving private and public sector organizations, consultants, private equity and services and solution providers, Spend Matters drives strategic technology purchasing decisions and superior marketing, product, sales and investment outcomes for clients. Spend Matters is the only tech-enabled, proprietary data platform with exclusive IP that serves the global procurement, finance, and supply chain technology ecosystem.
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