As promised, here is a partial, starting, list of seventy (70) e-Procurement companies that have many of the baseline features we outlined in Part 5 of this series. Please note that this list is in no-way complete (as no analyst is aware of every company), is only valid as of the date of posting (as companies sometimes go out of business and acquisitions happen all of the time in our space), and does NOT include companies that just do AP/I2P/e-Invoicing or (Travel and) Expense Management. While many might consider those e-Procurement vendors, we are focussed more on the up-front need and order management and related document capture as per our baseline capabilities.

Also, we want to be very clear that not all vendors are equal, and we’d venture to say NONE of the following are equal. The companies below are of all sizes (very small to very large, relative to vendor sizes in our space), cover the baseline differently (in terms of percentage of features offered, how deep those features are, and how customized they are for a vertical), offer different additional features, have different types of service offerings (backed up by different expertise), focus on different company sizes, and focus on different technology ecosystems (such as plugging into other platforms/ecosystems, serving as the core platform for certain functions or data, offering a plug-and-play module for a larger ecosystem, focussing on the dominant technology ecosystem(s) in one or more verticals), etc.

Do your research, and reach out to an expert for help if you need it in compiling a starting list of relevant, comparable, vendors for your organization and your needs. For many of these vendors, good starting points are the Sourcing Innovation archives, Spend Matters Pro and Gartner Cool Vendor write-ups if any of these sources has a write-up on the vendor.

Finally, note that when we say Source-to-Pay, it means that vendor offers modules that also cover Sourcing, Supplier/Vendor Management, Contract Management, Spend Analytics, and e-Invoicing/AP/I2P. As to whether or not SI would consider these modules meeting the majority of baseline functional requirements, you will have to (wait for and) check the starting vendor lists in those areas.

And, after checking out the vendors below, continue forward to Part VIII!