Top 10 Procurement Technology Companies in USA

Procurement Magazine looks at the top ten procurement technology companies in the USA

Proactis 

Proactis is a leading Source-to-Pay software solution provider for mid-market organisations across a range of service-led industries.  Proactis’ end-to-end modular platform enables customers to control spend and manage supply-chain risk; improve compliance and governance of their purchasing activities; reduce the cost of goods and services; and deliver efficiencies, all through process digitisation and automation.

Proactis serves a rapidly growing client base of over 1,100 corporate and public sector organisations and 2 million suppliers, with over 3 million users in 100+ countries.

Website: proactis.com

Executive Leader: CEO Stephen Line

Synertrade

Synertrade is a leading global provider of digital procurement solutions and has been supporting the Source to Pay process since 1999. Synertrade Accelerate, the all-in-one cloud-based platform, covers the entire Source-to-Pay process, enabling CPOs and CFOs to efficiently orchestrate Source-to-Contract, Procure-to-Pay, Supplier Relationship Management processes in an integrated and fully digitised way. The company has over 400,000 connected users and 4,000,000 registered suppliers, the eProcurement platform now supports more than 250 companies worldwide.

Website:  synertrade.com

Executive Leader:  CEO Olivier Berrouiguet

Corcentric

Corcentric is a leading global provider of procurement and finance solutions. They offer a unique combination of technology and payment solutions complemented by robust advisory and managed services. Corcentric aims to reduce stress and increase savings for procurement and finance business leaders by forming a strategic partnership to diagnose pain points and deliver tailor-made solutions for their unique challenges. For more than two decades, they have been a trusted partner who deliver proven results.

Website: corcentric.com

Executive Leader: CEO and President Matt Clark

Zycus

Founded in 1998, Zycus is a pioneer in cognitive procurement software. A trusted partner for large global enterprises for two decades, Zycus is continuously recognised by Gartner, Forrester and other analysts for its Source-to-Pay (S2P) integrated suite. 

Helping its customers to do more with less with its cognitive S2P solutions, Zycus powers its solutions with the revolutionary Merlin AI Suite and prides itself on being the only organically built and seamlessly integrated solution.  Merlin AI builds on the company’s legacy experience in AI, to provide leaders in procurement with the ability to work first-hand with game-changing innovations as part of the suite.

Website:  zycus.com

Executive Leader: CEO  Aatish Dedhia

JAGGAER

JAGGAER provides comprehensive spend management solutions, including procurement, sourcing, and supplier management.  They have spent more than 25 years in spend management, and have 4 million suppliers in their managed supplier database.

Website: JAGGAER.com

Executive Leader: CEO Andy Hovancik

Coupa

Coupa is a cloud-based spend management platform that includes procurement, invoicing, and expenses management.

They are transforming the way that businesses manage their spend. In partnership with the Business Spend Management (BSM) Community, they are co-creating new and unique capabilities that empower customers, partners, and suppliers with increased visibility, actionable insights, and solutions to manage their spend.

Website: Coupa.com

Executive Leader: Interim CEO Charles Goodman

Ivalua

Ivalua are a leading provider of cloud-based spend management software. Their complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk, and improving employee productivity. They are trusted by hundreds of brands around the world and are recognised as a global leader by renowned industry analysts.

Website:  Ivalua.com

Executive Leader: CEO and Founder  David Khuat-Duy

GEP 

GEP delivers transformative supply chain solutions that help global enterprises become more agile and resilient, operate more efficiently and effectively, gain competitive advantage, boost profitability and increase shareholder value.

Their customers include some of the world’s best companies, including hundreds of Fortune 500 and Global 2000 industry leaders who rely on GEP to meet ambitious strategic, financial and operational goals.

Website:  GEP.com

Executive Leader:  CEO and Co-Founder  Dr Subhash Makjija

Oracle Procurement Cloud

Founded in 1997, Oracle is a multinational technology company. For those in the procurement industry, Oracle offers its customers ‘Oracle Fusion Cloud Procurement’ – an integrated source-to-settle suite.

The solution helps customers to automate their processes, create strategic sourcing capabilities, improve supplier relationships, and simplify the buying experience. In doing so, the procurement function can benefit from lower risks, improved savings and greater profitability and productivity. 

Oracle’s range of services include: spend management, direct materials management, relationship management, strategic sourcing, contract lifecycle, compliance, and supplier collaboration.

Website:  Oracle.com

Executive Leader: Safra Catz

SAP

SAP is a global procurement and supply chain management solution provider. They offer a range of P2P solutions to help organisations automate and optimise their procurement processes.  Their purpose is to help the world run better and improve people’s lives.

Website:  sap.com

Executive Leader: CEO Christian Klein

 

*************************************************

For more insights into Procurement & Supply Chain - check out the latest edition of Procurement Magazine and be sure to follow us on LinkedIn & Twitter

Other magazines that may be of interest - Supply Chain Magazine | Sustainability Magazine

*********************************************

BizClik is a global provider of B2B digital media platforms that cover 'Executive Communities' for CEOs, CFOs, CMOs, Sustainability Leaders, Procurement & Supply Chain Leaders, Technology & AI Leaders, Cyber Leaders, FinTech & InsurTech Leaders as well as covering industries such as Manufacturing, Mining, Energy, EV, Construction, Healthcare + Food & Drink.

BizClik, based in London, Dubai & New York offers services such as Content Creation, Advertising & Sponsorship Solutions, Webinars & Events.

 

Share

Featured Articles

The Global P&SC Awards: One Month Until Submissions Close

Just one more month until submissions close for The Global Procurement & Supply Chain Awards in 2024

Top 100 Women 2024: Andrea Albright, Walmart – No. 6

Procurement Magazine’s Top 100 Women in Procurement honours Walmart’s Andrea Albright at Number 6 for 2024

Evolving Business Needs & Technologies Reshaping Procurement

Companies worldwide are revisiting their approaches to procurement as business requirements and technologies rapidly change, according to ISG's report

Top 100 Women 2024: Alexandra Hammond, NHS England – No. 5

Procurement Strategy

Procurement & Supply Chain LIVE Dubai: One Month to Go!

Procurement Strategy

Top 100 Women 2024: Aurelia Tremblaye, ENGIE – No. 4

Digital Procurement