A Leader in Gartner’s Magic Quadrant for Procure-to-Pay Suites
- Press Release
- Procure to Pay
RESEARCH TRIANGLE PARK, NC – June 1, 2018 – JAGGAER, the world’s largest independent spend management company, today announced that Gartner, Inc. has named it a Leader in its 2018 “Magic Quadrant for Procure-to-Pay Suites.”
JAGGAER believes that our company was placed in the Leaders quadrant because of our strong product suites and vertical industry strategy. In our view, JAGGAER is a solid fit for companies that require a P2P solution built on powerful analytics that will allow for later expansion into a full S2S solution.
JAGGAER’s P2P platform plays a major role in supply chain digital transformation for many global commercial and public organizations. JAGGAER recognized the industry need for specialized solutions and has evolved beyond the one-size-fits-all approach, building out specific capabilities for industries including manufacturing, retail, CPG, healthcare, life sciences, education, public sector and transportation, among others.
JAGGAER feels that our positioning in the Leaders quadrant is also due to easy plug-in access to our established community of 4 million suppliers globally, and the overall usability of our solutions.
“Digital transformation of multiple industries has been at the forefront of JAGGAER’s business initiatives. We feel that our efforts analyzed in the Magic Quadrant deliver the capabilities to make this happen: usability, supplier network and vertical specific solution bundles. Additionally, we believe that Gartner’s strategic planning assumption that in ‘2025, over 50% of the global mid-market and large enterprises will have deployed procure-to-pay suites via a cloud delivery model,’ is in total alignment with our development of a multi-tenant cloud platform. From our perspective, we listen to our customers and have made it mission one to deliver what we feel will help them innovate today and be prepared for tomorrow, ” says Rob Bonavito, CEO of JAGGAER.
A complimentary copy of the Gartner Magic Quadrant for Procure-to-Pay Suites can be downloaded HERE.
Source: Gartner, “Magic Quadrant for Procure-to-Pay Suites”, Desere Edwards, William McNeill, Magnus Bergfors, Patrick M Connaughton, Kaitlynn N. Sommers, published 29 May 2018.
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About JAGGAER: Global Indirect and Direct Spend Management Solutions
JAGGAER is the world’s largest independent spend management company, with over 1,850 customers connected to a network of 4 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS based indirect and direct eProcurement solutions with advanced spend analytics, complex sourcing, supplier management, contract lifecycle management, savings tracking, and intelligent workflow capabilities. We have pioneered spend solutions for over two decades and continue to lead the innovation curve by listening to customers and analyzing the market.Our solutions suites are trusted by the world’s largest education, manufacturing, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents – more than any other spend management company.