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

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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