Monthly Archives: June 2023

Buying for a Living

Somedays won’t end ever
But no days pass on by,
I’ll be buying here forever,
At least until I die,
Dammed if I source,
Dammed if I don’t
I’m supposed to get a break next week,
you know damn well I won’t.

Buyin’ for a livin’ (Buyin’)
Buyin’ for a livin’ (Buyin’)
Buyin’ for a livin’, livin’ and a-buyin’
I’m taking what they’re giving, ’cause I’m buying for a living

Hey I’m not complaining ’cause someone needs to spend
But beating up the vendor got me feeling fully spent
Hundred dollar cell phone, two hundred shipped
A new budget on Friday, but it’s already stripped

Buyin’ for a livin’ (Buyin’)
Buyin’ for a livin’ (Buyin’)
Buyin’ for a livin’, livin’ and a-buyin’
I’m taking what they’re giving ’cause I’m buying for a living

Whoa, buyin’ for a livin’ whoa, taking what they’re givin’
Whoa, buyin’ for a livin’ whoa, ooh

Sales rep, marketer, customer service
CEO, PR rep, account manager
Working the trade shows, they’re really all the same
Selling goods, creating need, just another day

Buyin’ for a livin’ (Buyin’)
Buyin’ for a livin’ (Buyin’)
Buyin’ for a livin’, livin’ and a-buyin’
I’m taking what they’re giving ’cause I’m buying for a living.

Buyin’ for a livin’, livin’ and Buyin’
I’m taking what they’re giving ’cause I’m Buying for a living.

Dear Analyst Firms: Please stop mangling maps, inventing award categories, and evaluating what you don’t understand!


If there’s a place you got to go
I’m the one you need to know
I’m the map
I’m the map, I’m the map
If there’s a place you got to get
I can get you there, I bet
I’m the map
I’m the map, I’m the map

… but if there’s a tool you want to score
I’m the one you must ignore
I’m the map
I’m the map, I’m the map
if there’s a tool you got to get
I’ll lead you astray, I bet
I’m the map
I’m the map, I’m the map

It’s map time! (It’s always map time!) The 2*2 onslaught isn’t over yet (and may never be)! Prepare to be continually overwhelmed with cool graphics, big company names and logos, and no information you can actually use (as is). Why? Because when you map 6+ criteria or dimensions of information down to a single dimension, and 12+ dimensions of information down to a 2×2 grid, it’s meaningless. All you know is which vendor had a total score on two sets of 6+ criteria that was in the top percentile. But you don’t know if that’s because they are good across the board on those 6 criteria, or top score on 3 of those dimensions (in the analyst’s opinion) and average score on the other 3; or top score on 3 of those criteria, average score on 2 criteria, and below average score on the last criteria — which happens to be the core technology criteria that also happens to be the most important criteria to you!

It might not be so bad if all the criteria were different aspects of a criteria category — such as core architecture, product features, and integration under technology; or product innovation, service delivery, and operational efficiency under innovation — but you have a mish-mash of scores on the seven different dimensions of product capability, market viability, sales execution / funnel success rate, marketing execution / visibility, market responsiveness, corporate operations, and overall customer experience which are squished into a single execution dimension in one of the big name maps and a mish-mash of product specific capabilities, related application offering, integrations, globalization, technology, and customer references into an offering dimension in another big name map. It’s crazy! And useless.

And it’s also mind-boggling when you consider the significant effort some of these firms put into their research, the detailed reports they produce, and the great work that often results otherwise. (You may not agree with the analysts’ opinion of what a good strategy is, what true innovation is, what the appropriate product features are, or the scoring scales; but as long as all of the vendors are scored consistently, it’s still valuable insight that you could use in differentiating vendors to find the ones that might be the most right for your organization and your challenges IF all these scores weren’t mangled into one meaningless score you can’t use.)

So, dear analyst firms, please stop! You don’t need to to this. You can provide much more value by not creating these 2*2 mangled maps and either:

  • use a graphing technique that was made for comparing multiple dimensions visually, like a spider graph
  • score less dimensions and then do multiple 2*2s on the different dimension pairs
    (after all, when customers want to buy a solution, do those customers really care about how good a vendor’s marketing is or how successful the salesperson is? heck no! they care only about how good the product is, how well the vendor can serve them, how stable the vendor is, and maybe about how innovative the vendor is if they are forward thinking and want longevity)
  • create bar, or similar, charts on the different dimensions and then give customers a tool to build their own weightings meaningful to them

It’s bad enough these map-creation analyst firms are eliminating vendors from their maps based on criteria that range from somewhat to completely arbitrary, which can include, but not be limited to:

  • an arbitrary minimum on overall revenue in the prior year on software alone
  • an arbitrary client minimum
  • an arbitrary minimum on the average number of users per client
  • an arbitrary minimum on customer size for a % of the customer base
  • an arbitrary minimum on license fees (for the majority of the customer base)
  • an arbitrary list of core “features” that are absolute
  • an arbitrary exclusion of any solution deemed to narrow/industry focussed
  • some other arbitrary requirement merely to maximize the number of vendors that can be included … which might actually eliminate the vendor with the best or most innovative product or service! (Which entirely misses the point, doesn’t it?)

Given all of this, these firms could at least produce maps meaningful to the average buyers where those buyers could extract useful information from the maps as is!

“Two by two they’re still coming down
… the satellite circus never leaves town …”

Holy smoke holy smoke,
plenty bad mappers for the doctor to stoke
Feed ’em in feet first, this is no joke
This is thirsty work, making holy smoke, yeah
Holy smoke
Smells good

The only thing that is as annoying as these meaningless 2*2s is other analyst firms inventing award categories just to create attention for themselves when those award categories are totally meaningless and useless to end customers who have no clue what they mean or what the award categories are evaluating (especially when these award categories often mix vendors with completely different solutions) such as “insight“, “innovation“, “customer-centric” and/or “growth“. While we can be sure that every vendor wants to be seen as “insightful“, “innovative“, “customer-focussed“, and “growing“, that doesn’t tell the customer if the vendor offers a product or service, or if that product is e-Sourcing, e-Procurement, Risk Monitoring, or a simple carbon calculator. And if that’s the only category the vendor is listed in, well, that’s just useless.

I want to run, I want to hide
I wanna tear down the walls that keep them outside
I wanna reach out and set the flame
Where the sheets have no name, ha, ha, ha

I wanna see insight on the page
And see confusion disappear without a trace
I wanna take shelter, I can’t ascertain
Where the sheets have no name, ha, ha, ha

As a postscript, the doctor isn’t annoyed by all of the 2*2 maps (just the majority). Although they aren’t perfect, he finds that the Spend Matters Solution Maps that, in full disclosure, he did co-create (and which he no longer has any association with) are still useful as they are still focussed entirely on two dimensions: product (& underlying technology) evaluation and customer score. (As of V3, released Fall 2021, not due for update until [at least] Fall 2023.) The product evaluation is against an extremely well defined set of criteria where each criteria has a scoring scale that at least defines fledgeling through industry standard capability (and usually above standard as well) and the customer evaluation is done entirely by the customer completing surveys with no analyst interaction whatsoever (as any survey done by an analyst introduces bias based on the way the analyst asks the question and the tone the analyst uses).

The Solution Maps are two, and only two, dimensions that can be consistently scored by any analyst who scores on the product side and consistently scored against perceived value on the customer side. Are they perfect? Of course not! The product side contains some services questions (which are soft and more open to interpretation) (but were less than 5% of the questions); the customer side can be very subjective based upon cultural norms for that customer, customer stage in the relationship (new vs. longer term), and service level the customer subscribed to (and, thus, if there are only a few customer scores, one really bad or really good, out of range, score can really affect the average); and the weightings for the maps are still analyst interpretation of what criteria are most important for each market size, but it’s one relatively pure dimension mapped against another relatively pure dimension, consistently scored, and consistently weighted.  And that’s still considerably more useful than any other map currently is.

Plus, at least when the doctor was involved, there was only ONE requirement for participation: have a standalone solution you are willing to openly demo (without an NDA) and sign a form committing to participation regardless of where you end up falling on the map (which is all mathematically, and not subjectively, computed). So while you can’t say the top vendor is for you, you can say any vendor who makes the map likely has the core tech you need (as they need to at least be industry average) and likely enough customer service to get you going on it. You can produce a short list of comparable vendors that produce a solution of the type you are looking for, of various sizes (not just the biggest vendors), and know that the solutions are reasonably comparable. This allows you to focus on the other value drivers relevant to your organization in the RFP. And if the other maps gave you just granular insight into service, innovation, and any other dimension relevant to you, think how useful they could be?

Source-to-Pay+ is Extensive (P27) … Breaking down the ORA of Sourcing, Starting with RFX

In our last post, Part 26, we noted that, after covering e-Procurement, Spend Analysis, Supplier Management, and Contract Management, it was finally time for Strategic Sourcing. When it comes to Sourcing, we have to deal with the ORA et labora. The work, and the prayer (that it gets the results we want). But at least when it comes to the prayer, we have three tools at our disposal:

  • Optimization
  • RFX
  • Auction

Today we’ll start with the most classic sourcing tool, RFX, where RFX stands for Request for X, where X could be Bid, Information, Proposal, Quote, etc. depending on the depth of response required and the terminology used in the industry and geography the RFX is being issued in. So what is RFX? What must it do? We’ll break down the basics in this post.

BASIC

Surveys
This is so fundamental and obvious that you’d think we shouldn’t even need to mention it, but we do. The platform has to support the creation of arbitrary surveys, using all of the standard HTML form elements (check boxes, multi-select, text boxes, etc.), and allow them to be created in sections that can be mandatory or optional, depending upon what the supplier is bidding on, and re-used as needed.

Cost Breakdowns / Should Cost Modelling
In the beginning, back in 1995, man didn’t know that we should use TCO, for savings strive; ERP had the parts; but spreadsheets had the bids; no one new what they was gonna do; but FreeMarkets had the news; they said “let there be web”; there was web; “let there be bids”; there were bids; “let their be portals”‘ there were portals; “oh, let their be SaaS”. And it was great. But unit costs, and even landed costs, weren’t reminiscent of the full costs associated with a buy. And even worse, it didn’t give you any insight into why a product cost what it cost.

When sourcing expensive, or complex products, if you’re trying to understand the cost, it’s not average, or lowest bid, it’s what the product costs to make, plus a fair margin. This is why cost breakdown bidding / should cost modelling capability is key to understand the cost baseline.

Templates
Having to setup an RFX from scratch every time is very time consuming and unnecessary if the RFX you need is (almost) the same as an RFX for the last product you sourced in the category. That’s why it’s critical that the platform support templates that can be used to instantiate RFX events and then modified as needed to publish the event. The organization should be able to create as many templates as they want, and even create templates off of templates (adding detail and complexity as categories warrant).

Workflow
The platform must include basic workflow support, which should be configurable to the needs of the organization and the type of event — single round, double round; sealed envelope, blind; etc. This is especially critical for the public sector which must meet strict requirements in its call for bids in many countries.

Excel Support
The platform must support every buyer’s, and supplier’s, favourite tool, Excel, for RFX completion. Specifically, any supplier, or the buyer on behalf of any supplier, must be able to export the entire RFX to Excel, fill out the Excel spreadsheet, and then upload it into the system. While one may think this is not as critical now that broadband is more ubiquitous, there are many suppliers whose sales people are not very technologically proficient and still not comfortable using modern platforms, being used to bidding in Excel for years (and years).

Reporting
The platform must support basic report(build)ing capability that will allow a buyer to build the appropriate side-by-side comparison reports as well as custom reports by supplier, product, lot, and so on. Unless the platform supports some basic capability, it will be impossible for a buyer to identify an award.

Award Creation
Once a buyer has identified the award they want to make, the buyer must be able to mark the award, store it, associate custom reports that demonstrate the savings (and costs), create notes as to rationale for the award (especially if it is not the lowest cost award), link to associated documentation, and if the organization has SXM and/or CLM modules (or systems), link to the appropriate supplier records and contract(s) in those systems.

Real Time Management
It should be possible to manage the RFX, and process, as necessary at any time. While this doesn’t require the same “real-time” nature as an e-Auction system might require for a 30 minute auction, it must be possible to pause, and if necessary extend, the RFX at anytime if an issue is discovered, add documentation and details when a supplier question indicates a weakness in the documentation, and even modify the lots if it is discovered that items were overlooked or substitutions can be permitted.

ADVANCED

Integrated Optimization
A great RFX solution will integrate with the strategic sourcing decision optimization module, automatically run an unconstrained scenario, highlight the lowest cost award; automatically run a scenario with just the current suppliers, highlight the lowest cost award for an award to the current supply base; and automatically run a min 2/max 3 supplier scenario, with each supplier getting at least 20%, highlight the lowest cost award in a risk mitigation scenario; and then show a side-by-side comparison across those 3 scenarios (or organizational tweaks to these defaults) to help a buyer understand the cost differential between different options so they can optimize price vs. quality vs. risk vs. other factors of interest in an informed fashion.

Sourcing Strategy Enabled Dynamic Workflows
A basic solution should support standard, somewhat configurable, workflows, but those will be rather rigid once the RFP is launched. A more advanced solution will allow the organization to define different sourcing workflows based upon current market conditions (supply vs. demand, current bids, potential supply base, etc.), differentials between first round bids and the prices the organization is currently paying, potential supply base shifts, and so on and, after the first round is complete, shift to a second round RFX, push to an e-Auction, or divert to strategic negotiations with the incumbent (or a new supplier that is significantly more appropriate for the buyer under the current situation), as appropriate. While such functionality may not be capable of being used in the public sector, it’s perfectly fine in the private sector, especially if you tell your bidders up front it will be a multi-round process and, based upon the first round, there may be a second round, or you may go straight to negotiations with the leading supplier(s).

Bill of Materials (BoM)
While not strictly necessary for an RFX to support a multi-level bill of materials, especially since it could be flattened into a lot, if the organization sources direct on a regular basis, then the RFX should support multi-level bill of materials, as well as allow suppliers to bid at any level they want to.

Enhanced Globalization
The platform should support multi-currency, multi-language, and be fully localizable to any supplier, including support for auto-translation of documents as required. The platform should even support customized workflows and input screens tailored to the suppliers based upon their region, their requirements, and the workflows that work for them.

Market Intelligence
A good RFX platform will integrate with market intelligence sources that give you current commodity pricing, average pricing from public sector contracts, average on-line pricing, and/or average GPO savings to help a buyer understand how good, or bad, the quotes are that they are getting.

Automation
A modern sourcing platform will also support rules-based automation, and will allow a multi-round event to run on auto-pilot all the way from launch to award recommendation, with the exception of the buyer possibly having to answer a few supplier questions. For example, if the RFX was defined as a 2 round RFX with only the top 5 initial responses going into the 2nd round, if the weightings for the responses are predefined, the system will automate the closure of the first round, launching of the second round, and the identification of the recommended award based upon the sourcing strategy defined (dual-source, 80/20, price vs. non-price factor weightings, etc.)

Of course, this is not a complete list of what an RFX platform might have, or necessarily should have, as systems continue to improve, but a baseline of what they must have to be considered a modern RFX solution.

Onward to the “A” in Part 28.

Source-to-Pay+ is Extensive (P26) … Time for Sourcing

When we started in Part 1, we noted that even though all core sourcing and procurement technologies have been available for twenty (20) years (although it is debatable just how good the initial versions of many of these applications were) … the majority of organizations still do not have what any modern analyst would consider reasonable support for the full, core, source-to-pay process.

However, now that inflation is back with a vengeance, anticipated savings is leaking faster than a bald spigot, and most organizations are in a cash crunch as a result of down sales during the pandemic (and now due to a lack of core inventory to sell), they need to update their procurement tech stack fast.

But, and this is the kicker, they can’t do it all at once. We went into a lot of the details as to why, but, basically:

  • the applications don’t work without data … and don’t work well without LOTS of data … clean, organized, enriched data … (that you don’t have now and won’t have for a while)
  • the applications don’t deliver without user training …
  • you need value out of the gate to justify the purchase … and good luck getting enough value to justify the license cost of an entire suite!
  • your users need to see results for them to adopt … and use … a solution long term

So, you need to figure out where to start. And after three posts, we figured it out — e-Procurement. We then spent a few posts discussing the need for e-Procurement, the benefits, the barriers to e-Procurement (which were not what you think), and providing you with a large list of vendors. But then we had to step back and figure out what came next again because, depending on the particular situation at hand, there were good arguments for contract management, spend analysis, strategic sourcing, and supplier management. It took quite a bit of analysis, and the answer was spend analysis because, even if all things seemed equal, or one solution looked more attractive than another, spend analysis could identify the (biggest) opportunities and the solution best suited to the most / biggest opportunities, and so spend analysis always made the most sense to adopt after e-Procurement.

After that, it was difficult. But, if all opportunities are equal, or there is no one to do the thorough spend analysis that can help differentiate the savings opportunities that can be enabled by each S2P module, there still has to be a best choice for what’s next. And that was … Supplier Management. The reason? Just like you needed to get your spend data captured for everything to function (which is what e-Procurement does), no matter what you’re doing, you’re interacting with suppliers, so you need to manage them effectively.

Then it was easier. Even though you technically need to find the products and services before you contract for them, the reality is that you are already buying products and services, you already have contracts, and chances are you can’t find most of those contracts when you need them, don’t know what the obligations and deliverables are for anything that’s not available through the e-Pro catalog, and don’t even know the pricing, permitted price escalations, etc. Furthermore, most organizations without a modern CLM don’t know how many evergreen contracts they have, when they automatically renew if not terminated or renegotiated by that date, when key contracts they need are expiring, and so on. Nor do they understand just how much excess manual effort and time the organization is taking to re-negotiate existing or negotiate new contracts. They are also completely unable to do a proper analysis of existing payment terms, key risk clauses that are required for a new regulation, and so on.

Contract Management may not identify any big opportunities, but without a good, enforceable, contract that can be easily monitored throughout its lifetime, the reality is that the identified savings will likely never materialize. Thus, Contract Management was key to have in place before you started strategically sourcing, as you want to immediately turn the bids into contract terms before the process disconnect from not having a good CLM solution causes bids to be retracted “because they were only good for 15 days” or some other excuse a supplier will come up with to not honour a bid.

But now that we are at the point we can identify the right opportunity with spend analysis, select and manage the best suppliers, manage the contracting process and the contract, cut the purchase orders (POs) for the right goods and services for the right price from the right suppliers with e-Procurement, we’re ready for strategic sourcing as we have everything we need in place to capture the identified savings and cost avoidance opportunities. (It’s true that we may still have to manually process that invoice if the invoice-to-pay or accounts payable functionality in the e-Procurement system is weak or relatively non-existent, but the fact that we have immediate access to the PO and all associated documents to verify the invoice means that we can accomplish the necessary process to ensure we pay what we are supposed to. And even if it takes $30 to manually process every invoice against that contract, if the contract captured 300,000 in identified savings, do you know how many invoices it would take to even make a dent in that? In this situation, it would take 100 invoices just to reduce the savings by 1%.)

This is key. Historically, 30% to 40% of identified savings opportunities from strategic sourcing never materialized, and the reason was that the organization didn’t have the infrastructure in place to even capture the savings and cost avoidance opportunities in the agreements they had, or the cost reduction capabilities they had through supplier development in their existing supply base. That’s why you need to build out the S2P support infrastructure before starting strategic sourcing — otherwise, you’ll identify savings that will never be realized and sometimes even spend more than if you had just stayed with your current supply base and processes. When you consider how hard Procurement still has to fight for recognition, budget and new systems, you want to make sure that you can take full advantage of every system that is implemented and deliver on every dollar. This is why the order of module implementation, integration, training, and utilization is key, and why strategic sourcing typically has to be the (next-to) last module that is implemented for maximum benefit.

Tomorrow we will start our overview of strategic sourcing, covering the ORA et labora of the technology and the process in Part 27.

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 might 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.

Finally, a second reminder that inclusion on this list DOES NOT imply Sourcing Innovation is recommending 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.