Quadrant Knowledge Solutions’ Source-to-Pay (S2P) suites market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of leading S2P vendors with a global impact. The SPARK Matrix includes an analysis of vendors, including BirchStreet Systems, Coupa, Elcom, GEP, Ivalua, JAGGAER, Medius (Wax Digital), Opus Capita, Oracle, Proactis, SAP (Ariba), Tradeshift, Xeeva, and Zycus.
According to Sujan Thomas Mathew, Analyst at Quadrant Knowledge Solutions, “Vendors are increasingly looking to digitize and automate their S2P capabilities as well as offer enhanced user experiences. With the rise in demand for advanced analytics and machine learning capabilities, organizations are also leveraging AI/ML technologies to gain actionable insights as well as foster collaboration with business stakeholders.” “Leaders in procurement technology continue investing in tightly integrated, unified, and holistic procurement suites to provide significant advantage for enhanced visibility into enterprise spending and procurement decisions, greater control of overall performance, as well as seamless information flow across different procurement modules.” Sujan adds.
2022 Source-to-pay SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Source-to-Pay (S2P) suites market
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