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Category: News & Press Releases

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News & Press Releases

MeRLIN Partners with Prewave to Boost Supply Chain Risk Intelligence

We are proud to announce a new partnership with Prewave, a leading risk intelligence platform that helps businesses across the globe understand and mitigate risks within their supply chains. With many global enterprises already leveraging Prewave’s technology, we’re excited to bring their powerful AI-driven insights to our platform.

Through this partnership, MeRLIN users will gain access to enhanced risk management tools that provide deep insights into potential disruptions, compliance issues, and upstream vulnerabilities. Prewave’s AI-driven platform will allow businesses to proactively monitor their supply chains, detect risks early, and improve supplier relationships, ultimately leading to more informed procurement decisions.

This collaboration reflects our continued commitment to helping businesses build resilient, risk-aware supply chains. By working together with Prewave, we can support our clients in navigating an increasingly complex global marketplace, ensuring compliance, and safeguarding against potential disruptions.

Stay tuned for more updates on how this partnership will enhance your risk management strategies and help optimize sourcing decisions in real time!

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Spend Matters Releases Fall 2025 SolutionMap and TechMatch℠ Procurement Technology Rankings

Spend Matters has unveiled its Spring 2025 SolutionMap and TechMatch℠ rankings, and once again, MeRLIN has been recognized across seven critical categories, underscoring its position as a leader in the procurement technology space.

This season, Spend Matters’ analyst team conducted in-depth evaluations across various procurement sectors, including e-procurement, Contract Lifecycle Management (CLM), Sourcing, and Spend Analytics. MeRLIN’s performance remains strong across these established categories, with continued high marks in Sourcing, Direct Material Sourcing, CLM, Spend Analytics, eProcurement, and Supplier Relationship Management & Risk (SXM). 

Since the Fall 2024 rankings, MeRLIN has further expanded its capabilities with enhancements to its Source-to-Contract (S2C) offering, strengthening its comprehensive procurement suite. These enhancements are designed to provide greater efficiency and control throughout the entire sourcing and contracting process, meeting the evolving needs of procurement teams who demand seamless integration and streamlined workflows.

In addition to its core capabilities, MeRLIN has seen growth in its Third-Party Risk Management (TPRM) / Supplier Chain Risk Management (SCRM) module, along with significant enhancements in SRM features. This evolution addresses the increasing complexity and urgency of managing supplier risks. As businesses continue to navigate a landscape of global supply chain disruptions, MeRLIN’s innovative approach to TPRM and SCRM empowers organizations to take proactive measures in mitigating risks across their supplier networks.

According to Spend Matters’ analysts, the growing demand for integrated Source-to-Contract solutions and risk management capabilities highlights a significant shift in the industry. MeRLIN’s ability to adapt to these changes demonstrates its leadership and forward-thinking approach to procurement technology.

Click here to read more. 

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Spend Matters Releases Fall 2024 SolutionMap and TechMatch℠ Procurement Technology Rankings

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Spend Matters has unveiled the Fall 2024 SolutionMap and TechMatch℠ rankings, showcasing MeRLIN across seven categories.

Spend Matters assessed various sectors including e-procurement, Contract Lifecycle Management, Sourcing, and Expense Management using demos and customer ratings. This season, MeRLIN has added Source-to-Contract (S2C) to its existing categories: Sourcing, Direct Material Sourcing, Contract Lifecycle Management (CLM), Spend Analytics, eProcurement, and Supplier Relationship Management & Risk (SXM).

Additionally, the Fall 2024 release introduces a new module: Third-Party Risk Management (TPRM)/ Supplier Chain Risk Management (SCRM) (expand), which provides a focused view on all aspects of risk management. This module encompasses a variety of vendors from different segments including suites, supplier management, and specialists in TPRM and SCRM.

According to Spend Matters’ analyst team, the procurement technology market is rapidly evolving to meet customer needs. The increasing focus on the Source-to-Contract (S2C) approach reflects this trend, as organizations aim to streamline and optimize their procurement processes. MeRLIN’s proactive engagement with these advancements highlights its commitment to delivering comprehensive solutions that align with current market demands.

About MeRLIN Sourcing B.V

MeRLIN Sourcing focuses on offering innovative solutions to solve complex sourcing challenges of enterprises. Our aim is to bring technological innovation and best practices to your sourcing and procurement processes. It enables your procurement teams to be more flexible and agile to deliver faster, while ensuring sustainable savings. MeRLIN offers the right platform to manage complex global supplier relationships, reduce supply chain risks, understand cost drivers, and create long-term value. It enables companies to increase productivity, develop new products more easily and quickly, and respond quickly to the changing business environment and ensure compliance with ESG legislations such as EU CSRD and LkSG.

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Beyond Expectations: Industry Analyst Applauds Our Key Procurement Features

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Beyond Expectations: Industry Analyst Applauds Our Key Procurement Features

We are thrilled to share that MeRLIN’s Source to Contract modules have recently received top reviews from Dr. Michael Lamoureux, a renowned industry analyst, and Chief Procurement Officer (CPO) advisor. Dr. Lamoureux’s extensive experience and reputation in the field make his endorsement a significant milestone for us. His evaluation highlights the effectiveness of our product features, affirming our dedication to excellence and customer satisfaction.

In his review, Dr. Lamoureux highlights the effectiveness of our product features, reaffirming our commitment to excellence and customer satisfaction. With over two decades of experience advising organizations worldwide, his insights are highly respected, making this recognition particularly meaningful.

Receiving top reviews from Dr. Lamoureux emphasises our dedication to providing cutting-edge solutions that address the complex challenges procurement professionals face. It validates our continuous efforts to innovate and improve our offerings, ensuring they meet the highest performance and reliability standards.

At MeRLIN Sourcing, we place immense value on customer feedback and industry validation as crucial indicators of our success. Dr. Lamoureux’s endorsement not only acknowledges the strengths of our features but also reinforces our position as a leader in the market. We are proud to be recognised for our ability to provide solutions that exceed our clients’ expectations.

This recognition motivates us to continue pushing boundaries and setting new benchmarks in the industry. We remain committed to enhancing our product features further, incorporating valuable insights from industry experts like Dr. Lamoureux to ensure we stay ahead of emerging trends and deliver maximum value to our customers.

Dr. Lamoureux’s endorsement specifically commends our Source to Contract modules, including Requisition Management, Sourcing Event Management, Supplier Management, Contract Management, and Reporting & Analytics. We are honoured by this recognition and remain focused on delivering superior solutions that empower procurement professionals worldwide.

Click here to view the review.

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MeRLIN SOC 2 Type 1 Certification

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MeRLIN SOC 2 Type 1 Certification: Strengthening Our Commitment to Security

We are pleased to announce that MeRLIN has achieved SOC 2 Type 1 certification. This independent validation highlights our commitment to data security and the trust for our customers.  This certification verifies that we maintain high standards of security and compliance, ensuring that our clients can trust us with their most sensitive information.

What is SOC 2 Type 1 Certification?

SOC 2 stands for Service Organization Controls. It’s a widely recognized auditing standard developed by the American Institute of Certified Public Accountants (AICPA) for service providers managing customer data.
  1. A SOC 2 Type 1 certification verifies that MeRLIN has designed and documented a robust system of controls to safeguard your data. This includes measures related to:
    • Security: Protecting information from unauthorized access, use, disclosure, disruption, modification, or destruction.
    • Availability: Ensuring customer data and systems are accessible when needed.
    • Processing Integrity: Guaranteeing the accuracy and completeness of data during processing.
    • Confidentiality: Maintaining the privacy of customer information.

Obtaining SOC 2 Type 1 certification signifies a significant milestone for MeRLIN, as it demonstrates that our systems and processes have undergone thorough scrutiny by an independent auditor. This validation affirms our unwavering commitment to upholding the highest standards of security and integrity in handling our clients’ data, instilling confidence in our responsible and secure approach.

Commitment to Ongoing Security and Compliance

In addition to our SOC 2 Type 1 certification, MeRLIN is committed to maintaining compliance with other key security standards, including ISO/IEC 27001. ISO/IEC 27001 is an internationally recognized standard for information security management systems (ISMS), ensuring that organizations have established methodologies and a framework to manage and protect sensitive information.

By achieving both SOC 2 Type 1 and ISO 27001 certification, MeRLIN demonstrates its dedication to i robust security measures and continuous improvement of our security practices.

About MeRLIN

MeRLIN is an innovative procurement technology solution that empowers organizations to optimize their sourcing, contract lifecycle management, spend analytics, supplier relationship management, and more. Our platform is designed to meet the evolving needs of the procurement industry, providing our clients with the tools they need to stay ahead in a competitive market.

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The Spend Matters Rankings are Live

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Spend Matters has released the Spring 2024 SolutionMap and TechMatch℠ procurement technology rankings and MeRLIN has participated in 6 categories.

Spend Matters evaluated 79 procurement technology vendors under various categories such as e-procurement, Contract Lifecycle Management, Sourcing, Expense Management, etc. with demos and customer ratings.

MeRLIN participated in an additional category e-procurement alongside its existing involvement in Sourcing, Direct Material Sourcing, Contract Lifecycle Management (CLM), Spend Analytics & Supplier Relationship Management & Risk (SXM).

Spend Matters analyst team affirms that the procurement technology market has accelerated its pace to keep up with customer needs and it is noteworthy that MeRLIN has responded to the demand and is keeping up with the market trend.

About MeRLIN Sourcing B.V

MeRLIN Sourcing focuses on offering innovative solutions to solve complex sourcing challenges of enterprises. Our aim is to bring technological innovation and best practices to your sourcing and procurement processes. It enables your procurement teams to be more flexible and agile to deliver faster while ensuring sustainable savings. MeRLIN offers the right platform to manage complex global supplier relationships, reduce supply chain risks, understand cost drivers, and create long-term value. It enables companies to increase productivity, develop new products more easily and quickly, and respond quickly to the changing business environment and ensure compliance with ESG legislations such as EU CSRD and LkSG.

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MeRLIN Sourcing added to spend matters solutionmap spring 2023 release

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MeRLIN has been added to the Spring 2023 SolutionMap procurement and TechMatch™ technology benchmarking rankings.

June 19, 2023: MeRLIN Strategic Sourcing solution has been added to the Spring 2023 SolutionMap procurement and TechMatch™ technology benchmarking rankings. MeRLIN Sourcing B.V has been listed under the Sourcing, Direct Material Sourcing, Contract Lifecycle Management (CLM), eProcurement, Spend Analytics & Supplier Relationship Management & Risk (SXM) categories.
The SolutionMap Insider, recognized as the most data-centric functionality assessment of procurement technologies in the industry, subjected 79 procurement technology vendors to rigorous functionality and capability evaluations. This process involved over 500 RFI requirements across 12 source-to-pay (S2P) categories, along with mandatory demos and impartial, anonymized customer ratings.
MeRLIN is an integrated solution for all processes from sourcing to contract and procurement automation. The software allows stakeholders to manage the entire supplier lifecycle from onboarding, supply scaling, and maintenance to rating.
The software is highly configurable and helps adapt the solution according to business needs easily. The software is an excellent platform for managing procurement functions with strategic sourcing functionalities.
About MeRLIN Sourcing B.V
MeRLIN Sourcing focuses on offering innovative solutions to solve complex sourcing challenges of enterprises. Our aim is to bring technological innovation and best practices to your sourcing and procurement processes. It enables your procurement teams to be more flexible and agile to deliver faster while ensuring sustainable savings. MeRLIN offers the right platform to manage complex global supplier relationships, reduce supply chain risks, understand cost drivers, and create long-term value. It enables companies to increase productivity, develop new products more easily and quickly, and respond quickly to the changing business environment and ensure compliance with ESG legislations such as EU CSRD and LkSG.
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MeRLIN Ranked as Customer Leader in Spend Matters Solution Map fall 2022

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Maastricht, Netherlands, November 2022 – MeRLIN, a leading Strategic Sourcing solution announced that MeRLIN Strategic Sourcing software has been ranked as a Customer Leader for Sourcing, Direct Sourcing, Contract Lifecycle Management and SXM categories in the latest Spend Matters Fall 2022 SolutionMap.

Known as the most rigorous, data- and intelligence-based assessment of procurement technology functionality in the industry, SolutionMap ranks solutions based on 500+ RFI requirements across 10 source-to-pay (S2P) module and suite categories highlighting the real capabilities of each vendor as we as customer feedback. Spend matters releases its SolutionMaps every 6 months to help businesses gain access to deeper data cuts and vendor intelligence to drive their procurement-technology-selection decisions.  This release of the SolutionMap ranked 74 procurement technology solutions across S2P space based on their capabilities and customer feedback.

“SolutionMap is the great equalizer between buyers and sellers of procurement technology solutions,” says Spend Matters Founder Jason Busch. “It is the only rating 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.”

“No two procurement organizations are the same, and often selecting the right sourcing provider doesn’t come down to technological capability alone,” said Busch. “That’s why SolutionMap rankings are based equally on demonstrated solution capability and input from real-life customers.”

MeRLIN has been ranked as a customer leader in the Sourcing SolutionMap across SME, Mid, Large and Direct Materials personas. For SXM and Contract Lifecycle Management, it has been ranked across the three market personas – SME, Mid and Large.

We consider this recognition as a recognition of our customer focus and vision of building sourcing solutions that best fulfill their need and provides value for money. We are grateful to all valued MeRLIN customers for their support, trust and loyalty which made this possible.

Visit Spend Matters SolutionMap to view the free ranking charts by procurement technology category and market persona for a more tailored benchmark view or to learn more about the methodology.

About Spend Matters — Solution Intelligence for Procurement

Spend Matters started as the first blog and social media site in the procurement and supply chain sector and has since grown into the leading source for data-backed technology and solutions intelligence. Serving private and public sector organizations, consultants, private equity and services and solution providers, Spend Matters drives strategic technology purchasing decisions and superior marketing, product, sales and investment outcomes for clients. Spend Matters is the only tech-enabled, proprietary data platform with exclusive IP that serves the global procurement, finance, and supply chain technology ecosystem.

About MeRLIN Sourcing

MeRLIN is a Strategic Sourcing Solution for Direct & Indirect Procurement that offers seamlessly integrated sourcing process automation with supplier relationship management and planning functions augmented by advanced analytics. It plays a key role in enhancing collaboration between buyers and suppliers offering an intuitive and easy to use platform. MeRLIN is modular, flexible, configurable, integrated and easy to deploy. It is developed on Microsoft technology platform and can be hosted either on-premise or on the cloud. It is the go-to solution for strategic sourcing needs of enterprise sourcing organizations.

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MeRLIN Listed in 2022 Gartner® Market Guide for E- Sourcing Applications

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MeRLIN Strategic Sourcing Solution has been listed in the 2022 Gartner® Market Guide

Maastricht, Netherlands, August 2022 , RheinBrücke Technology announced that their Strategic Sourcing Solution MeRLIN has been listed in the 2022 Gartner® Market Guide for E-Sourcing Applications.

According to Gartner “E-sourcing applications are critical for a procurement organization to vet new sources of supply, negotiate pricing and mitigate cost increases for strategic spend categories. Application leaders can use this research to understand the market landscape and dynamics before buying.”

According to Gartner, increased demand for procurement & supply chain solutions as well as analytics platform requirements will lead to spend exceeding $31.8 billion by 2025 in the SCM space. The annual spend on procurement software will increase to $12.2 billion by 2025 at a CAGR of 16% in constant currency terms (base 2020) due to new investments to improve negotiated savings, mitigate supplier risk, and the increased need to improve compliance & sustainability and visibility.**

According to PwC Digital Procurement Survey 200 Study 2022, 72% of the DACH manufacturing companies are expected to do Procurement Digitalization by 2025.

E-sourcing applications have registered a growth of nearly 15% (in current currency terms) over the year 2021. In our opinion, these numbers are proof that the many global factors affecting supply chains in recent years have made these digital solutions more critical than ever before to procurement organizations to help manage their spend and suppliers efficiently.
Gartner® publishes its Market Guides to provide business leaders an understanding of early, mature and small markets and how the status of an emerging market aligns with plans for their businesses. A Market Guide can help with such questions as, “How suitable is it to make a buying decision today for this market?” or “What key capabilities are providers generally able to bring to this market this year?”.***

“We are extremely happy that MeRLIN made this eSourcing Market Guide this year. We believe our inclusion in this Gartner Market Guide is a validation of MeRLIN’s ability to support the Sourcing and Procurement needs of organizations to drive procurement efficiency and performance. This reinforces our belief in our capability to deliver best-in-class solutions to our customers”, said Vetri Selvan, CEO of RheinBrücke Technology.

“MeRLIN, with its comprehensive capabilities to streamline source-to-pay processes and easy-to-use interface, will help enterprises achieve measurable benefits like productivity gains and improved savings within the first year of implementation. We are working towards enhancing our customer experiences by constantly investing over 24% of our revenue in Product Research & Development and are building advanced capabilities including advanced sourcing optimization, AI-based autonomous sourcing and risk assessment in our coming releases. Our goal is to bring strategic sourcing to the reach of every buyer by simplifying and automating and infusing intelligence to the procurement processes.” Added Vetri.

Gartner Disclaimer

*Gartner, “Market Guide for E-Sourcing Applications”, Kaitlynn Sommers, Balaji Abbabatulla, May 25, 2022.

** Gartner, “Forecast Analysis: Supply Chain Management Software, Worldwide”; Balaji Abbabatulla, Amarendra ., Neha Gupta, August 13, 2021.

***Gartner, “Market Guide Research Methodology” | (https://www.gartner.com/en/research/methodologies/market-guide)

Disclaimer – GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

 

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MeRLIN Sourcing added to Spend Matters SolutionMap Spring 2022 Release

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MeRLIN has been added to the Spring 2022 SolutionMap procurement technology benchmarking rankings.

June 2, 2022: MeRLIN Strategic Sourcing solution has been added to the Spring 2022 SolutionMap procurement technology benchmarking rankings. MeRLIN Sourcing B.V has been listed under the Sourcing, Direct Material Sourcing & Supplier Relationship Management & Risk (SXM) categories.

Known as the most rigorous, data-centric functionality assessment of procurement technologies in the industry, SolutionMap contains 500+ RFI requirements across 10 source-to-pay module and suite technology categories to pinpoint the actual capabilities of each participating vendor. SolutionMap is updated and published every six months to accurately reflect solution updates.For the Spring 2022 Release, MeRLIN has been added under the Sourcing, Direct Material Sourcing & Supplier Relationship Management & Risk (SXM) categories. 

MeRLIN Sourcing Solutions

MeRLIN’s eSourcing solution enables strategic sourcing by managing the complete lifecycle – from identifying sourcing needs, defining sourcing strategy, inviting potential suppliers to events, requesting and collecting supplier information (RFx), managing bids, holding eAuctions, analyzing responses, and finally, awarding suppliers with a contract and managing the contracts. 

MeRLIN allows procurement organizations to create and manage sourcing events of all types – RFIs, RFQs, and Auctions easily using intuitive user interface and ready-to-use configurable response templates based on industry best practices. These configurable response templates can be customized based on business needs and ensure RFx captures in-depth information from suppliers on parameters impacting Total Cost of Ownership (TCO). MeRLIN’s integration with spreadsheets helps seamless data entry and bulk uploads & downloads.

The sourcing solution comes with strong features for direct material sourcing such as engineering collaboration, BOM based demands, integrations, etc. 

MeRLIN Supplier Relationship Management (SXM)

The Supplier Relationship Management solution of MeRLIN allows procurement teams manage entire supplier lifecycle, supplier data, workflows, hierarchies, risk, performance and compliance – all from a single intuitive platform. It delivers all that is required to automate and streamline supplier management processes – from onboarding to ongoing management .

The Spend Matters Pro vendor analysis remarked “Despite being new, the functional coverage of the solution is impressive, especially considering its direct materials-related capabilities. Modules of the solution cover most of the source-to-contract capabilities (S2C), and when the solution does not cover every element (like supplier risk), it does take the “ecosystem” approach and integrates with point solutions. On the downstream side, the solution currently covers procure-to-receipt (P2R).”

About MeRLIN Sourcing B.V

MeRLIN is a Strategic Sourcing Solution for Direct & Indirect Procurement that offers seamlessly integrated sourcing process automation with supplier relationship management and planning functions augmented by advanced analytics. It plays a key role in enhancing collaboration between buyers and suppliers offering an intuitive and easy to use platform. MeRLIN is modular, flexible, configurable, integrated and easy to deploy. It is developed on Microsoft technology platform and can be hosted either on-premise or on the cloud. It is the go-to solution for strategic sourcing needs of enterprise sourcing organizations. 

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