Although it is our first time participating in the SolutionMap benchmark rankings from Spend Matters, we are already challenging the existing players within the Spend & Procurement Analytics category. Based on in-depth RFIs and demos, verified by equal parts customer input and analyst scoring, the report showcases Ignite Procurement as a value leader in the category.
A fantastic result for a first-timer! The report shows that hard work - and our commitment to driving customer success - pays off. With an ambitious and growing team, this is just the beginning of our journey to make strategic procurement easy, states Sigbjørn Nome, CEO and Product Director of Ignite Procurement.
Ignite Procurement is more than spend & procurement analytics
Data and analytics are a vital part of strategic procurement - no doubt about it. Since this was the starting point for Ignite Procurement, it is only natural to be included in the spend and procurement analytics category the first time.
But strategic procurement is so much more - and reflected in our spend management solution. For example, contract management is an essential piece for succeeding with strategic procurement.
Want to learn more about some of the new and exciting product features we are working on? Get a sneak peek in this blog post.
About Spend Matters and the SolutionMap report
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors, and solution providers alike as their procurement technology intelligence partner.
SolutionMap is a report for benchmarking and ranking different procurement solutions. The latest SolutionMap rankings, released on October 1, 2020 ("Fall 2020 release"), compare 77 procurement technology providers across 13 categories. SolutionMap, which began in 2017, has become the definitive procurement technology benchmark due to the depth of analyst assessments, quantity of real-life customer inputs, and frequency of release (semi-annually) to accurately reflect vendor capabilities and market developments.
PS. You can download the latest Spend and Procurement Analytics Solution Rankings report (Fall 2020) here.
Announcing Ignite Procurement’s Completion of NOK 30 Million Funding Raise
Image by Anders Horntvedt via Finansavisen Press: Ignite Procurement completes NOK 30 million funding raise and has gone from 10 to 40 employees in one year. Now the company is filling the coffers to go international with
New and Exciting Product Features Powered by Summer Interns
Ignite Procurement continued its annual internship program this summer with no less than 10 students joining us from recognized Norwegian and international universities. Most of the summer interns have spent their time on
Over the past few months, we competed against nine other finalists in Finansavisen's VEXT Program 2020. On the 6th of June, Ignite Procurement was awarded first place winning the title «Norway's VEXT Company 2020». Winning the