Top 10: UK ProcureTech Companies

Procurement Magazine looks at the top ten ProcureTech companies in the UK in 2023.

10:  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

9:  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


8:  Enable

Enable helps manufacturers, distributors, and retailers take control of their rebate programs and turn them into an engine for growth. Enable helps finance and commercial teams better manage rebate complexity with automated real-time data and insights, accurate forecasting, and stronger cross functional alignment. Enable’s platform is flexible, allowing companies to work externally with suppliers and customers, giving one collaborative place to author, agree, execute, and track the progress of deals.

Website:  enable.com

Executive Leader: CEO Andrew Butt

7:  Kodiak Hub 

Kodiak Hub is a cloud-based Supplier Relationship Management (SRM) platform that helps global procurement and sourcing teams to buy smarter and power sustainable supplier relationships.

They offer a modular suite of supplier relationship management solutions that teams can plug n’ play to capture supplier data and information, spot supply chain risks, manage contracts, categories, documents, and products, assess and audit supply chain compliance, evaluate and improve supplier performance and drive buyer-supplier innovation.

Website:  kodiakhub.com

Executive Leader: Founder and CEO Malin Schmidt

6:  Scoutbee

Scoutbee drives better business outcomes by giving companies the actionable insights they need to perfect the supply base and advance strategic initiatives, such as risk management, ESG and innovation. The Scoutbee Intelligence Platform uses graph technology and predictive and prescriptive analytics to deliver holistic supplier visibility that helps procurement make confident supplier decisions, drive cross-functional efficiency, and optimise their existing technology investments.

Website:  scoutbee.com

Executive Leader:   CEO Gregor Stühler

5: 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

4:  Globality

Globality helps to empower leading global companies to achieve substantial savings and better outcomes. We are the market leader in offering next-generation autonomous sourcing technology built from the ground up leveraging sophisticated AI.  The platform creates precisely scoped requirements, identifies the most qualified suppliers, provides negotiation insights, and enables data-driven decisions.

Website:  globality.com

Executive Leader:  CEO and Chairman, Joel Hyatt

3:  Amazon Business

Amazon Business is changing the world of procurement.  They simplify the purchasing process to make it easier for their customers to get the products they need.

They aim to solve customers’ unmet and undiscovered needs by continuously expanding their selection and adding relevant new tools and features.

Website:  business.amazon.com

Executive Leader:  CEO and President Andy Jassy

2:  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

1:  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

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

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