Categories: Contract Management Tags: PRO This Spend Matters PRO Vendor Analysis updates our coverage of Malbek and its contract lifecycle management solution. When we examined Malbek in 2020, it was an upstart CLM vendor looking to shake up the space by reimagining deployment, integrations, system upgrades and end-user configurability. In 2021, Spend Matters included Malbek on the Future 5 list, an annual list that highlights the most impressive procurement technology start-ups. Now more mature and building off its early success, Malbek has both maintained its early strengths and made adv ..read more

Categories: Contract Management, Procurement Systems & Architecture, Solution Providers, Source-to-Contract Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Spendflo and its solution for SaaS procurement and management. The influx of business reliance on SaaS applications has caused these systems to be a headache for many companies, and, according to McKinsey, the demand for these applications has created a global market of $3 trillion that has attracted numerous solutions. Having so many options is not always a good thing, though. Software procurement is comple ..read more

Categories: Contract Management, E-Sourcing, Procurement Systems & Architecture, Solution Providers, Technology Tags: PRO This addendum to the Spend Matters PRO Vendor Analysis for Raindrop and its source-to-pay (S2P) solution notes its newest capabilities and growth as of early 2023. Our past coverage of Raindrop has centered on the provider’s planning and source-to-contract capabilities. In addition to numerous improvements across several modules, Raindrop has introduced new modules: spend intelligence, contract intelligence and supplier intelligence. Read on to learn more. Not ..read more

Categories: Contract Management, Procurement Strategy & Planning, Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of dSilo’s contract and invoicing analytics solution. dSilo is a new vendor with an emphasis on AI. As the name implies, its founders’ vision is to literally “de-silo” organizations so they can realize the value in their existing data. dSilo is currently best categorized as a contract analytics solution which somewhat overlaps with the functions covered by P2P analytics solutions. However, its underlying deep lear ..read more

Categories: Analytics, Contract Management, Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of the software as a service (SaaS) management solution provider Tropic and its SaaS sourcing and procurement platform. Founded in 2019, Tropic is an up-and-coming solution vendor that sets itself apart by offering an all-in-one software sourcing and spend optimization platform. Software is often difficult to procure for those used to traditional procurement techniques because it requires a completely different approach from procuring dir ..read more

Categories: Contract Management, Procurement Systems & Architecture, Risk Performance and Compliance, Supply Risk Management, Vendor Snapshots Tags: EU, Risk, supply chain risk management Spend Matters PRO content brings you the most thorough analysis of vendors serving the procurement technology space. In August and September this year, our analysts came together to pool their knowledge of vendors that address risk. This collaboration resulted in a seven-part series covering the various types of risk organizations face and the extent to which certain solution vendors can help them mana ..read more

Categories: Contract Management, CSR, Market Intelligence, Procurement Systems & Architecture Tags: CLM, EU, SolutionMap Twice a year, Spend Matters analysts work hard to further deepen their understanding of procurement tech (and services) solutions at a granular level by analyzing vendor-based RFI requirements across 11 source-to-pay tech categories and reviewing anonymized customer references. The 73 providers that participate in Spend Matters SolutionMap are benchmarked and ranked in this way to give users an accurate update of procurement tech functionality that is data-driven to h ..read more

Categories: Contract Management, Procurement Strategy & Planning Tags: PRO This Spend Matters PRO Vendor Analysis provides an update on LegalSifter and its contract analytics solutions. Since our last review of LegalSifter in 2018, the vendor has built upon its existing pre-signature capabilities and introduced new post-signature solutions. LegalSifter now offers four solutions for contract analytics. Two are for pre-signature: LegalSifter Review and LegalSifter Review Concierge. For post-signature, the two solutions are LegalSifter Organize and LegalSifter Organize Concierge. Both “Con ..read more

Categories: Contract Management, Procurement Strategy & Planning, Solution Providers, Technology Tags: Featured SolutionMap Article, PRO, solution provider, SolutionMap CLM, SolutionMap CLM Premium, SolutionMap What Makes It Great Contract lifecycle management (CLM) continues to grow rapidly and, as a result, sees increased competition. Many vendors are regularly introducing AI to existing CLM platforms, adding new partners and responding to market shifts in order to remain competitive. A select few, however, are largely responsible for the market shifts due to their ability to identify ..read more

Categories: Analytics, Contract Management, Risk Performance and Compliance, risk-compliance-management, Supply Risk, Supply Risk Management, Technology Tags: PRO This Spend Matters PRO analysis is the fifth in our 7-part series on Risk technology solutions and services vendors, focusing on organizations' increasing need to manage and mitigate risk scenarios. Over the coming weeks, our risk series will cover vendors within the following risk categories: Financial Risk & Supplier Risk Supply Chain Risk Supplier Management Non-Suites Supplier Management Suites Contract Risk Management C ..read more