ConnXus has been named a Value Leader in the Spring 2020 release of Spend Matters SolutionMap for Supplier Relationship Management and Risk (SRM). Value Leaders are providers with above average analyst and customer scores.
SolutionMap helps procurement executives stay on top of technology advancements and understand how they can work to streamline the function based on their buying organization’s needs. ConnXus saw its SolutionMap rankings improve across every buyer persona assessed by Spend Matters, achieving the Value Leader ranking for the nimble persona.
“We are very proud to be recognized by Spend Matters in their latest SolutionMap release. With these latest rankings, we continue to show that our platform can compete with larger ERP systems,” said ConnXus COO and General Manager Daryl Hammett. “While we are honored and elated to earn the recognition of analysts, our greatest achievement continues to be the value we bring to our customers.”
Since launching SolutionMap in mid-2017, SolutionMap rankings have been referenced by procurement professionals over 131,000 times, with the SolutionMap Accelerator toolkit gaining rapid traction to inform procurement technology selections. The latest SolutionMap compares 69 procurement technology providers across 13 categories.
“SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions,” said Spend Matters Founder, Jason Busch. “It is the only benchmarking methodology that is fully transparent, considers equal parts technology analyst and customer scoring (individually and separately), and allows business users to create a one-to-one map based on their requirements to what technology vendors can provide based on demonstrated, generally available capability.”
You can visit spendmatters.com/solutionmap to view the free ranking charts by RFI category and buying persona or to learn more about the methodology. Procurement technology selection and benchmarking intelligence services are available at a premium.