Category Archives: contract management

Three Critical Elements of a Good Procurement Contract

We’ve been seeing quite a few articles lately popping up randomly on LinkedIn, Procurement searches, newsletters, etc. around Procurement Contracting, and, as you’ve probably guessed, we’ve noticed that most of them aren’t great. Not to say they’re bad, they’re not, but usually they’re finely focussed on core clauses that should be in there to keep the lawyers happy, using standard templates for consistency, making sure you have Force Majeure or appropriate risk management clauses (which are important, but miss the point), or on particular specifications or appendices you need for services contracts, etc. Few are good across the board, and most miss the key points.

So, today, we’re going to overview key elements of a good procurement contract, be it for goods or services, that all buyers should be aware of. This is not intended to be a complete list, as every category is different, every company is different, and every scenario is different and no single generic checklist will cover everything that is needed, but one can distill a list of common requirements that will always be required regardless of the category, geography, company, or situation at hand. Logically speaking, these requirements will always be necessary, but may not always be sufficient.

1) As Dick Locke will tell you over and over again, if you want them to be good, then all of your contracts should be written in Plain English, not convoluted legalese, and should be comprehensible by someone with a high school education. Not all buyers will have a University education, or even a College education, and even if they do, it may not have been in English and/or English may not be their first language.

2) A good contract answers the 6Ws: who, what, when, where, why, and how.

a) what are the goods and services the organization is contracting for

b) who is the intended recipient of the goods or services (not just the company) who will be using the goods or services and signing off that they are fit for use

c) where are they needed (plant, warehouse, office, etc.) as this determines where they need to be delivered

d) why are they being used over another good or service, as this determines key features or functions or specifications that the organization needs to ensure are maintained

e) when are they needed, as this specifies delivery schedules that need to be met

f) how are the goods or services going to be used as this dictates what specifications must be met or certifications that must be possessed (and explicitly referenced in the contract)

3) A good contract addresses the actionable risk mitigations that are to be adhered to by both parties to minimize the chances of a risk event significantly impacting or disrupting the business, even if it’s just timely notifications of an event happening or not happening.

Shift happens, and then sh!t happens. It’s reality. Blaming someone doesn’t fix it. Nor does having an out when the supplier doesn’t deliver on time, because chances are, you still need the goods or services, by a certain time, or your business is going to end up in the sh!tter when you can’t deliver to your customers because you won’t get paid (best case), and might get sued (worst case). And even including a legal clause on damages that allows damages to be passed through is rather useless, because, chances are, your supplier is living order to order and couldn’t afford to pay your legal fees and/or any judgement against you, which still leaves you on the hook.

Furthermore, any Force Majeure that you include in your customer contracts won’t protect you if you didn’t make all reasonable efforts and/or only you were affected while your competitors served their customers with similar products and services just fine without interruption.

You need to understand not only what can go wrong, and if there’s anything the supplier can do to prevent it or deal with it when it does, but also how long it will take you to find another source of supply if the supplier can’t deliver and make sure you have enough notice to do so if that is the only option available to you.

For example, if you need a custom manufactured product where it takes a new supplier ten weeks to upgrade a production line because it takes six to eight weeks to get the equipment, install it, and then test it; and it would take you two weeks to go to the next best supplier, get a contract, and get started, then you need three months lead time if your current supplier can’t deliver. In this situation, you need your supplier to let you know of any potential delays as soon as they get foreknowledge, and then let you know as soon as they won’t be able to manufacturer. This means that you might need to specify in the contract that, as soon as one of the supplier’s key tier suppliers is a week late on notifying the supplier of a shipment, they notify you that they may not be receiving a critical part or raw material on time and may not be starting your production on time. This allows you to determine whether or not this could be a risky situation and whether or not you want follow up.

You’d also want a notification if production didn’t start within a certain period of time from the expected production date, as that will dictate a late shipment. And so on.

Same for services. If you need a consultant or contractor with a certain industry certification, and the supplier only has three, and all three on tied up on a contract where it is determined they won’t be finished by the due date and cannot be redeployed on the date they were initially promised to you, you want to know the day the service provider knows they will not be able to allocate those contractors or consultants to you, especially if you can’t wait to start your project. Then you can figure out how many resources you really need to start, and use the risk mitigation clauses to go find someone else from another provider.

Again, this is not everything a contract needs, but requirements that must be met by every contract.

Synching with State of Flux — Do the Oscillations Resonate?

It’s been a few years since SI checked in with State of Flux, so when the oscillations recently synched, it was time to see what this long-time leader in Supplier Relationship Management (SRM) has been up to. With it’s long history in helping clients actually manage supplier relationships, and 15 years doing global supplier research (having just completed its global benchmark survey for it’s 15th annual supplier management study which will be released later this year), it’s not only a grand-daddy of the space but one which gets wiser with age.

If you review the previous posts on State of Flux and their SupplierBase solution (which was, once upon a time, called Statess), you’ll see that State of Flux offers an extensive Supplier Relationship Management platform that, to various extents, offers capabilities in:

  • supplier & prospective supplier management (& onboarding)
  • supplier performance management / KPI tracking
  • supplier compliance management [intelligence]
  • supplier risk management
  • supplier contract management
  • supplier ESG management
  • supplier innovation (challenge) management
  • supplier reporting / snapshots
  • supplier relationship / plan management

We’re not going to repeat anything we covered before, especially in our posts on

… but we are going to highlight recent improvements or capabilities that were not highlighted before (which may or may not have been there in 2016).

We’re going to take the “modules” one by one, and cover them in the order above, starting with: supplier & prospective supplier management.

You can’t have SIM/SRM without supplier onboarding and basic supplier management, and in terms of the management, they have it down quite well. You can customize your profiles, track as little or as much as you want to on your suppliers (by supplier type), quickly pop-up an overview card or a status card (on how many outstanding actions, items, messages, meetings, KPI flags, risk flags, data updates, etc. you need to review and deal with), and dive into any area of tracked data in any of the categories we are going to cover below.

In terms of onboarding it’s good, but it’s one of the oldest parts of the platform and a bit slow, so, to that end, it is currently being updated end-to-end to take advantage of all recent stack and technology improvements, streamline the process, improve the response time, and enhance the UX.

Moving on to supplier performance management / KPI tracking, as per past coverage, they’ve always had this down pat and can support multi-level KPIS, roll-up and down divisions, departments, and teams as required in any split you want, normalize all metrics to a common scale for (dashboard) display and comparison automatically, and give you deep insight.

The only real weakness is that they don’t yet have an (Open)API or support integrations to any other enterprise systems where key performance data resides. (It is on the roadmap, but we don’t have an expected release date.) As such, you are limited to their import functionality, and will likely need to export all the data you need in CSV and manually (schedule) the imports, or having an API custom developed on demand (which they can do during system implementation) to any system you need integration to.

With respect to supplier compliance management, which they call Intelligence, they’ve always been good here, and have supported certification/compliance document tracking for years, but with their generic survey capability and extensive experience, upon setup, they can help you build / provide you with templates, for a whole host of compliance needs and requirements and go as broad and deep as you desire. They can also track certificates, insurance, product spec sheets, and any other documents that you require.

And then there’s supplier risk management which, like compliance, they’ve been good at for a while, and like compliance, not a lot of new capability (that will get your attention). Their platform takes a buyer-centric approach to risk — the buying organization defines what’s important to them from a performance/relationship perspective, what the risks are, the information that will help them assess that risk, builds the questionnaires and surveys they need the suppliers to answer, includes those in onboarding / innovation challenge / ESG / contracting initiatives, and then build metrics to assess them.

The only external risk data feed / risk score they can import out-of-the-box today is CreditSafe, which is retiring, but they have an integration with S&P Global Partnership forthcoming to replace it. Also, as per above, they don’t yet have an (Open)API to allow you to plug and play risk data feeds of your choice, but can custom integrate any you need upon system implementation. You have to send surveys or load well-formatted CSV files. Better integration/load capabilities are on the roadmap, but there is no committed date yet for general release, nor decision as to how complete a public API will be. So if you can’t send surveys, you will have to export the data into flat files and load them.

Now for supplier contract management. This is where you quickly notice one of the most significant enhancements to the platform since SI last covered it. While it still doesn’t do authoring or version tracking, and they do integrate with Zoho for that if you want it, they have implemented a full end-to-end contracting process model that consists of the following steps:

  • request – where it captures the contract type, the product/service category and template, and the necessary approval routing;
  • creation – where it captures all of the necessary metadata, and then the contract document and/or integrates with zoho for the creation of the contract document (and version tracking)
  • review – where it forces the appropriate people to review their portions, confirm review and okay and issue, and potentially sends the contract back to negotiation
  • final review – where key parties have to sign off before it is sent to the managers/owners for approval
  • supplier signature – which can be through DocuSign integration
  • buyer signature – which can be through DocuSign integration

The process is so good that an average mid-sized enterprise won’t need a Best-of-Breed (BoB) standalone CLM, and just a basic authoring solution, like Zoho, to get contracts under their control.

Tackling supplier ESG management, this is a relatively new module that allows an organization to track it’s ESG initiatives, the associated data, supplier assessments and reviews, associated challenges, and select data to support the supply base / supplier development plans (which we’ll discuss down the virtual page). It’s not meant to be an ESG Calculator, Scope 3 solution, or similar offering. The whole point of it is that it’s not just compliance or risk, but an area on its own that must be managed.

With regards to supplier innovation (challenge) management, this is one of their classic areas of functionality, as they were one of the first pure SRM platforms to include it as sometimes the only way for a supplier to be right for you is if they can come up with a better solution to your problem or product production through a challenge.

That being said, it’s not NPD/NPI, it’s not full project management, and it’s not even full innovation (but more challenge) management (as that may require CAD/CAM diagrams, extensive on-line design/visual collaboration, etc.), but it gets the job done, it’s easy to use, it’s streamlined, and it can be fit easily into overall supplier profiles and programs.

We’re not sure how much has changed in underlying reporting and dashboarding capability, but we can say it does look a lot cleaner and seems to load a lot faster than years ago. Also, not only are they highly configurable (as you would expect in a modern BoB solution, although there are limits on how much is self-serve vs. State of Flux configuration), but as they have learned and advanced through the years (through their consulting practice and fifteen years of research), their out-of-the-box configurations have improved by the year to the point where most organizations should get the majority of the metrics and insight they need with out-of-the-box configurations.

Finally, we’ll tackle the core of the platform the supplier relationship / plan management capability. This is where they’ve done the most work, or at least the most improvement, since SI covered the solution last. While it’s not to say that, regardless of what was and was not said above, they have not made improvements across the entire platform in the past six years, as they most certainly have, it is to say that only a few areas are really standing out as being considerably improved (and not just updated/progressed as expected).

What really stands out here is their integrated support for supplier-based strategic and joint business plans based on a full relationship profile and a 360-degree relationship assessment. The depth of detail that is captured around:

  • the relationship context
  • the relationship SWOT
  • strategy / development goals
  • 360-degree interaction
  • governance (with respects to roles and responsibilities on both sides)
  • risks
  • contracts
  • spend / category information (which must be loaded)
  • projects / action plans

is second-to-none. If this is the type of capability you are looking for with regards to strategic supplier management, this is the capability you really need a demo of, and not a third party overview. You need to see it to get the full depth of the capability and potential for your organization.

In addition, they have improved their meeting/calendar/communication management functionality and you can schedule all of your meetings inside the platform as well as manage all of your communications, including those through e-mail, so you maintain the complete interaction history with the supplier and its personnel.

In other words, it’s not only managing the supplier data, or the interaction, but all aspects of the relationship as well as the plans to improve that relationship. It’s rather unique in that way. It may not be best-in-class in specific functionality, and you may need to augment certain areas for risk, innovation/NPD/NPI, ESG, etc., but you have the central management platform and data store that you need to power your supplier-centric sourcing and procurement eco-system.

If this sounds like what you want in a strategic supplier relationship management platform, then the State of Flux SupplierBase solution should definitely be on your shortlist. Especially when they can offer full service around integration, best-practice consulting, training, and research findings to jump-start a program or shift an existing one into high gear.

Postscript: We’ve covered State of Flux, and their philosophy to leading SRM practices, quite a bit in the past. Here are some in-depth series from 2015 and 2016.

Ignite Wants to Spark Your Sourcing Success with Actionable Analytics!

the doctor has written about many Spend Analysis vendors over the last decade*, including Ignite Procurement, which is one of the few newer vendors that he expected would soon breakout of their (Nordic) niche and start expanding, something which they are now starting to do having tripled their customer count in the last 6 months to over 200 customers.

The reason for this expectation? They earned their top right status in the Spend Matters Spend Analysis Solution Map when the (quadrant) maps still existed and the doctor was responsible for grading them as a Top 5 Best-of-Breed Mid-Market focussed Spend Analysis player located in Western Europe / the UK.

Founded by ex-BCG (Boston Consulting Group) consultants in 2017, with the first version of the platform launching in 2018, the key players not only have a firm understanding of spend analysis, but what analysis capabilities a customer needs to find their spend waste and their opportunities. Plus, they understood since day one that spend analysis in a vacuum is not that meaningful and is most meaningful in the context of negotiations, supplier management and development, contract obligation management, labour compliance and ESG reporting, for example. Negotiations work best when they are fact based, supplier development efforts are best focussed on those suppliers where improvements would result in considerable cost reductions or value generation, contracts are meaningless if not adhered to (and the resulting overspend completely unnecessary), labour violations in the supply chain can result in huge fines to your organization, and exceeding your carbon caps can be even more expensive (not to mention the fines if you don’t properly report). (And yes, this is a bit of foreshadowing.)

The core of the Ignite “Spend Management” solution is the analytics offering which, like most spend analysis solutions, has two core components:

1. Data Management

It’s very easy to get data into the Ignite Platform. In fact, it can be as easy as dragging-and-dropping a file onto the browser pane as Ignite allows you to define all of your taxonomies as well as your standard file format mappings to those taxonomies. It can then detect if the data is new, incremental, or updated and allow you to add, add only new records, update existing records, or even load the file into an entirely new cube.

When it comes to taxonomies, you can start with your own or built-in and then, during analysis, you can define and redefine taxonomies on the fly, with reclassification as simple as dragging-and-dropping. You can also define and update mapping rules quickly and easily as well, fixing errors or updating classifications as the need arises.

Data enrichment is easy-peasy compared to generic analytic platforms or suites as they support a number of financial metric, industry classification, currency exchanges, commodity intelligence, CO2 emission sources, and risk metric sources out of the box and provide a full integration platform with APIs, pre-built connectors, and timed data pulls (via SFTP, for example) for those who need custom integrations.

The platform also supports multiple tables and spend cubes and allows you to work on global tables and cubes or local tables and cubes for what-if analysis.

But most importantly, it’s one of the few best-of-breed platforms with a fully integrated visual data flow manager where you can define the entire loading, mapping, enrichment, classification, and automated analytics, reporting, and notification process, including automated supplier normalization.

2. Analytics

The Ignite Platform has just about everything you would expect from a modern analytics platform including arbitrary dimension selection, formula-based dimension derivation, easy (powerful metric based) filters, multiple chart and widget types, easy drill down, easy view/report modification, and ad-hoc analytics.

It also comes with a full suite of out-of-the-box analytics to help you identify potential savings opportunities through contracting (off-contract spend), renegotiation, supplier (re) negotiation, supplier benchmark improvements, spend consolidation, invoice management, payment term rationalization, price improvement, etc. Contract coverage, PO Coverage, key supplier coverage, and a suite of KPI reports are also available out-of-the-box (including a spend development dashboard that can go beyond just spend to impacting metrics such as OTD, quality incidents, etc. if you track the data in the supplier management module).

It’s ability to identify supplier-based (re)negotiation and development opportunities is extremely good and based on its proprietary Ignite Matrix that maps “share of wallet” vs EBIT Margin (which it calculates using mandatory government disclosures and integration with appropriate feeds, such as Enin in the Nordics, and appropriate adjustments) and scatter plots the results to help you quickly identify where your business is contributing to a supplier’s high profit margiin (and where the supplier has room to negotiate without jeopardizing its stability).

On top of this they have also built:

3. Supplier Management (Information / Performance / Risk / Compliance)

With its strong data management underpinnings, the Ignite Spend Management platform can store any all supplier related you wish to track and analyze, which not only allows deep spend-related insights by supplier, but performance and risk (metric) insight by supplier, with the ability to track and compare over time.

In addition to providing a full Supplier 360 view across all data captured in the platform, the Supplier Management capability includes standard campaign management where a buyer or supplier management can create questionnaires for supplier data augmentation and collection of relevant data and documents for supplier performance / risk / compliance management.

4. Contract Management (Governance)

Due to its strong data management underpinnings, the platform can also store all relevant contract meta-data in addition to the contract documents and allow users to manage, report on, and automatically annotate spend that is covered by a contract (as well as determine if it was billed, and paid, at the contracted rate using the appropriate payment terms). Also, as with most contract management plays, it can support tasks and alerts and the linking of contracts to tasks and alerts.

5. Scope 3 Management / Carbon Accounting

The best foundation for a carbon calculator / carbon reporting application is a true analytics platform that can support the definition of all of the appropriate Scope 1, 2, and 3 Categories of relevance to the organization and/or required by the appropriate authority to which reports must be made; the integration of data feeds to allow for the appropriate carbon emission calculations; the collection of actual data from suppliers that can supply it; the generation of the appropriate reports with the appropriate calculations for mandated reporting; and the tracking of changes over time. This is precisely what the Ignite Procurement platform supports.

The entire platform is easy to use and the UX is quite modern, but you don’t have to take our word for it — you can see a three minute demo on their webpage … just scroll down to the Meet Ignite Procurement section. So if you’re looking for an analytics platform that can provide you actionable spend insights on your contracts, suppliers, and ESG that you act on to reduce waste and increase value, you should make sure that Ignite Procurement is on your shortlist, especially if you are in its current target marketplace in the EU/UK.

* Not all on SI, many write-ups are on Spend Matters, behind the revised paywall.

The 39 Steps … err … The 39 Clues … err … The 39 Part Series to Help You Figure Out Where to Start with Source-to-Pay

Figuring out where to start is not easy, and often never where the majority of vendors or consultants say you should start. They’ll have great reasons for their recommendations, which will typically be true, but they will be the subset of reasons that most benefits them (as it will sell their solution), and not necessarily the subset of reasons that most benefits you now. While you will likely need every module there is in the long run, you can often only start with one or two, and you need to focus on what’s the greatest ROI now to prove the investment and help you acquire funds to get more capability later, when you are ready for it. But figuring out how much you can handle, what the greatest needs are, and the necessary starting points aren’t easy, and that’s why SI dove into this topic, with arguments and explanations and module overviews, both broader and deeper than any analyst firm or blogger has done before. Enjoy!

Introductory Posts:
Part 1: Where Do You Start?
Part 2: Where Should You Start?
Part 3: You Start with …
Part 4: e-Procurement, and Here’s Why.

e-Procurement
Part 5: Defining an e-Procurement Baseline
Part 6: There are Barriers to Selecting an e-Procurement Solution (and they are not what you think)
Part 7: Over 70 e-Procurement Companies to Check Out

Interlude 1
Part 8: What Comes Next?

Spend Analysis
Part 9: Time for Spend Analysis
Part 10: What Do You Need for A Spend Analysis Baseline, I
Part 11: What Do You Need for A Spend Analysis Baseline, II
Part 12: Over 40 Spend Analysis Vendors to Check Out

Interlude 2
Part 13: But I Can’t Touch the Sacred Cows!
(including Over 20 SaaS, 10 Legal, and 5 Marketing Spend Management / Analysis Companies to Check Out)
Part 14: Do Not Stop At Spend Analysis!

Supplier Management
Part 15: Supplier Management is a CORNED QUIP Mash
Part 16: Supplier Management A-Side
Part 17: Supplier Management B-Side
Part 18: Supplier Management C-Side
Part 19: Supplier Management D-Side
Part 20: Over 90 Supplier Management Companies to Check Out

Contract Management
Part 21: Time for Contract Management
Part 22: Contract Management is a NAG: Let’s Start with Negotiation
Part 23: Contract Management is a NAG: Let’s Continue with [Contract]Analytics
Part 24: Contract Management is a NAG: Let’s End with [Contract] Governance
Part 25: Over 80 Contract Management Vendors to Check Out

e-Sourcing
Part 26: Time for e-Sourcing
Part 27: Breaking Down the ORA of Sourcing Starting With RFX
Part 28: Breaking Down the ORA of Sourcing Continuing with e-Auctions
Part 29: Breaking Down the ORA of Sourcing Ending with [Strategic Sourcing Decision] Optimization
Part 30: Over 75 e-Sourcing Vendors to Check Out!

Invoice-to-Pay (I2P):
Part 31: Time for Invoice-to-Pay
Part 32: Breaking Down the Invoice-to-Pay Core
Part 33: Over 75 Invoice-to-Pay Companies to Check Out

Orchestration:
Part 34: How Do I Orchestrate Everything?
Part 35: Do I Intake, Manage, or Orchestrate?
Part 36: Over 20 Intake, [Procurement] [Project] Management, and/or Orchestration Companies to Check Out
Part 37: Investigating Intake By Diving In to the Details
Part 38: Prettying Up the Project with Procurement Project Management
Part 39: Deobfuscating the Orchestration and Fitting it All Together

Source-to-Pay+ is Extensive (P25) … And Contract Management Very Extensive … So Here Are 80 Contract Management Companies to Check Out!

And now the post you’ve all been waiting for! A partial, starting, list of 80 contract management companies that may (or may not) meet some, or many, of the core baseline capabilities we outlined in the last three parts of this series (Part 22, Part 23, and Part 24) as we discussed the Negotiation, Analysis, and Governance sides of Contract Management today. (For those of you who skipped these posts, please note that we define a Contract Analysis solution as one which supports the syntactic, semantic and numeric [spend] analysis of the contracts and that we do NOT include a vendor that focusses [just] on numeric [spend] analysis of the contracts.)

As with our lists of e-Procurement Companies (in Part 7), Spend Analysis Companies (in Part 12), Sacred Cow Companies that do, or support, customized “spend” analysis on Marketing, Legal, and SaaS (in Part 13), and Supplier Management Companies (in Part 20), we must again give our disclaimer 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 any document management companies (that could store contracts) in our expository on how Contract Management can be a NAG.

Furthermore, as we’ve said before, 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, the various degrees of depth in the feature implementations, and differing levels of customization 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 short list of relevant, comparable, vendors for your organization and its specific needs. For many of these vendors, good starting points can again be found in 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.

Company LinkedIn
Employees
HQ (State)
Country
Negotiation Analytics Governance
Aavenir 69 Plano, Texas N G
Advanced 2680 United Kingdom G
Agiloft 259 California, USA A G
AnyData Solutions 10 United Kingdom A G
Atamis 40 United Kingdom G
Aufait 114 India G
Bonfire 87 Ontario, Canada G
BrightLeaf 65 Massachusetts, USA A
Brooklyn Solutions 23 United Kingdom G
Cloudia 40 Finland G
Cobblestone Software 131 New Jersey, USA A G
Concord 71 California, USA N G
Conga 1571 Colorado, USA N G
Contract Hound 37 New York, USA G
ContractLogix 32 Massachusetts, USA N G
ContractPodAI 294 United Kingdom N A G
Contract Safe 18 California, USA G
Contracts Wise 2 United Kingdom G
Contracts 365 19 Massachusetts, USA G
Corcentric 588 New Jersey, USA G
Coupa 3674 California, USA N G
datanet 2 Colorado, USA G
Deep Stream 25 United Kingdom G
Delta eSourcing ?? United Kingdom G
DocuSign 7538 San Francisco, USA N A G
ebidToPay ?? Bavaria G
eBrevia (DFIN) 23 New York, USA A
Elcom 18 United Kingdom G
ElectrifAI 132 New Jersey, USA A
Eyvo 24 California, USA G
Evisort 234 California, USA N A G
FullStep 128 Spain G
GateKeeper 103 Illinois, USA G
GEP 4650 New Jersey, USA N G
iCertis 2263 Washington, USA N A G
Ignite Procurement 60 Sweden G
Inconto 9 Netherlands G
Intenda 111 South Africa G
Ion Wave 22 Missouri, USA G
ISPnext 59 Netherlands G
Ivalua 849 Ivalua N G
Jaggaer 1266 North Carolina, USA N A G
Juro 125 United Kingdom N G
Kira Systems 48 Ontario, Canada A
Legal Robot ?? California, United States A
Legal Sifter 31 Pennsylvania, USA A
LGX Corporation ?? North Carolina, USA G
Litera 1104 Illinois, USA A
Malbek 89 New Jersey, United States N G
Market Dojo (Esker) 34 United Kingdom G
MarketPlanet 72 Poland G
Medius 562 Sweden G
Merlin Sourcing 29 Germany G
Oalia 22 France G
Onventis 129 Germany G
OpenGov 603 California, USA N G
ParleyPro 16 California, USA N G
Outlaw 7 New York, USA G
Penny Software 35 Saudi Arabia G
Proactis 557 United Kingdom G
ProcurePort 8 Indianapolis, USA G
ProcureWare (Bentley Systems) 4830 Pennsylvania, USA G
Prokuria 8 Romania G
Raindrop 27 Raindrop G
Ready Contracts 243 Australia G
SafeSourcing 10 Arizona, USA G
SAP (Ariba) 2963 California, USA G
ScanMarket Symfact (Unit4) 60 Denmark G
ScoutRFP 44 California, USA G
SirionLabs 918 California, USA N A G
Sourcing Force 4 Ontario, Canada G
Sourcing Insights 9 Indiana, USA G
SupplyOn 239 Germany N G
Synertrade 180 Germany G
Trade Interchange 27 United Kingdom G
Trakiti 12 United Kingdom N G
Unimarket 77 New Zealand G
Vortal 188 Portugal G
Zycus 1464 New Jersey, USA A G

Come back for Part 26 as we continue our discussion of Source-to-Pay.