20 Most Promising Procurement Solution Providers - 2015

Today, in dynamic business world, procurement encompasses an intricate assortment of activities concerned with establishing fundamental requirements, and sourcing activities. There are hosts of solutions that proactively address the issues in the procurement landscape. In this edition of CIOReview, we present to you the 20 Most Promising Procurement Solution Providers 2015.

Company Name

Company Description

Ariba An SAP company with one of the world’s largest business commerce network that assists companies to extend their processes into the Cloud
Basware Provider of purchase-to-pay and e-invoicing solutions with a strong commerce network.
Bob eProcure Bob eProcure is a procurement specialist firm catering to small, medium,and large enterprises in addressing all their needs on the procurement activities and services
BravoSolution The company enables efficient procurement operations through its comprehensive and flexible solutions.
BROWZ BROWZ delivers assurance that your business is working with safe, qualified, and socially responsible contractors and suppliers
BuyerQuest Connects end-users with suppliers’ network and provides a flexible shopping experience to the customers
cloudBuy cloudBuy is an e-Procurement company specialized in spend analysis and company formation
Coupa Software Coupa Software provides cloud-based applications for Spend management
GEP Delivering practical, effective solutions that enable procurement leaders to maximize their impact on business operations, strategy and financial performance
HTG Specializes in nationwide technology deployments, system conversions/refresh projects, data center relocations, systems integration, staff augmentation and full service ITAD.
Ivalua Ivalua offers a single platform solution with highly configurable functionality across all major procurement and finance processes.
Procurify An online platform which makes the purchasing process easier, more efficient and more transparent.
Promena Offers e-Auction, e-Procurement and Strategic e-Sourcing solutions
Provade, Inc. Offering enterprise-class vendor management system (VMS) and workforce supply chain management solutions that help businesses realize significant benefits in their service procurement programs and contingent workforce management.
SciQuest A global provider of cloud-based business automation solutions for spend management
Taulia Through turning every invoice into a revenue opportunity, Taulia enables organizations to strengthen supplier relationships while adding millions to the bottom line
Tradeshift Provider of supplier collaboration platform connecting buyers, suppliers and all their processes in one global network
Virtual Procurement Services VPS uses proprietary technology and processes to evaluate, recover and/ or reduce spends on hardware, software, maintenance contracts, and even professional services
Vroozi Vroozi’s Mobile Procurement platform offers access to every business function in the procure to pay scenario on any device
Zycus Provides comprehensive Source-to-Pay suite of procurement performance solutions, catering to both strategic and operational aspects of procurement