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Procurement Top100 Companies Supplement 2022
Procurement Top100 Companies Supplement 2022
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TOP
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2022
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Top 100
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F
ollowing the success of our sister
publication’s Top 100 Women and
Top 100 Leaders in Supply Chain,
Procurement Magazine is proud to present its
debut Top 100 Companies in Procurement.
Receiving hundreds of nominations,
this supplement has been nominated
by our readers and compiled by our
“Receiving in-house team, recognising the Top 100
leaders, innovators, consultants, and more
hundreds of operating in the procurement space, all of
nominations, this which thoroughly deserves their place.
supplement has GEORGIA WILSON
been nominated georgia.wilson@bizclikmedia.com
by our readers...”
PROCUREMENT MAGAZINE
IS PUBLISHED BY
procurementmag.com 3
TOP TEN
4 Jan 2022
TOP 100 COMPANIES
Companies in
Procurement
BizClik Media compiled by our in-house team,
F
debut annual supplement takes a
ollowing the success of our look at the top procurement leaders
sister publication’s Top 100 operating in a variety of functions.
Women and Top 100 Leaders in Receiving hundreds of
Supply Chain, Procurement Magazine nominations, everyone on this list
debuts its first Top 100 Companies thoroughly deserves their place.
in Procurement. Can’t see yourself? Who knows, keep
Nominated by the readers an eye out and maybe next year your
of Procurement Magazine and organisation will make the final list.
procurementmag.com 5
TOP 100 COMPANIES
100 97
Supplier.io Prewave
Year Founded: 2011 Year Founded: 2000
CEO: Neeraj Shah CEO: Paolo Gamberoni
Industry: Supplier Diversity Industry: Procurement &
Supply Chain Digitalisation
99 96 94
Market Dojo Suplari, Inc. Scanmarket
Year Founded: 2017
Year Founded: 2010 Year Founded: 1999
CEO: Nikesh Parekh
CEO: Alun Rafique CEO: Betina Nygaard
Industry: Spend Intelligence
Industry: SaaS Industry: Source-to-Contract
98 95 93
BuyerQuest Fluxym Terzo Technologies
Year Founded: 2011 Year Founded: 2002 Year Founded: 2020
CEO: Jack Mulloy CEO: Philippe de La Villardière CEO: Brandon Card
Industry: Procure-to-Pay Industry: Secure-to-Pay Industry: Vendor Relationship
Management
6 Jan 2022
TOP 100 COMPANIES
92 89 86
Sourcemap SourceDay Archlet
Year Founded: 2011 Year Founded: 2013 Year Founded: 2019
CEO: Leonardo A Bonanni CEO: Tom Kieley CEO: Tim Grunow
Industry: Supply Chain Industry: Computer Software Industry: Sourcing Software
Transparency
91 88 85
Vizibl LevaData Prenax
Year Founded: 2014 Year Founded: 2013 Year Founded: 1993
CEO: Mark Perera CEO: Rajesh Kalidindi CEO: Jan Boonzaier
Industry: Supplier Relationships Industry: Artificial Intelligence Industry: Information Services
90 87
Creactives SpA Kodiak Hub
Year Founded: 2000 Year Founded: 2015
CEO: Paolo Gamberoni CEO: Malin Schmidt
Industry: Procurement & Supply Industry: Supplier Relationship
Chain Digitalisation Management
procurementmag.com 7
TOP 100 COMPANIES
82 79
Supplyframe Aravo Solutions
Year Founded: 2003 Year Founded: 2000
CEO: Steve Flagg CEO: Michael Saracini
Industry: Design-to-Source Industry: Third-Party Risk
Intelligence & Resilience
84 81 78
OpusCapita Everstream Analytics HICX
Year Founded: 1984 Year Founded: 2000 Year Founded: 2004
CEO: Øivind Kirksæter CEO: Julie Gerdeman CEO: Costas Xyloyiannis
Industry: e-Invoicing Solutions Industry: Risk Analysis Industry: Computer Software
83 80 77
Cloudia Ironclad Insight Sourcing Group
Year Founded: 2008 Year Founded: 2014 Year Founded: 2002
CEO: Joonas Jantunen CEO: Jason Boehmig CEO: Tom Beaty
Industry: Source-to-Contract Industry: Contract Lifecycle Industry: Strategic Sourcing &
Management Related Procurement
8 Jan 2022
TOP100
TOP 100 COMPANIES
76 73 70
Suppeco ZAGENO Inc. Cervest
Year Founded: 2016 Year Founded: 2015 Year Founded: 2015
CEO: Sheldon Mydat CEO: Florian Wegener CEO: Iggy Bassi
Industry: Computer Software Industry: Biotech Purchasing Industry: Climate Intelligence
Processes
75 72 69
RapidRatings Sievo Zylo
Year Founded: 2007 Year Founded: 2003 Year Founded: 2016
CEO: James H. Gellert CEO: Sammeli Sammalkorpi CEO: Eric Christopher
Industry: Financial Risk & Industry: Procurement Analytics Industry: SaaS Management
Transparency & Spend Management
74 71 68
Altana AI LeaseAccelerator Resilinc
Year Founded: 2018 Year Founded: 2003 Year Founded: 2010
CEO: Evan Smith CEO: Michael Keeler CEO: Bindiya Vakil
Industry: Computer Software Industry: Lease Lifecycle & Industry: Cloud, Intelligence
Automation Software & Analytics
procurementmag.com 9
TOP 100 COMPANIES
67 64 61
Gatekeeper Compleat Software Bid Ops
Year Founded: 2010 Year Founded: 1999 Year Founded: 2017
CEO: Patrick O'Connor CEO: Philip Douglas CEO: Edmund Zagorin
Industry: Contract & Supplier Industry: Invoicing & Industry: Predictive Procurement
Management Platform Procure-to-pay Software
66 63 60
Agiloft Conga Fairmarkit
Year Founded: 1991 Year Founded: 2006 Year Founded: 2017
CEO: Eric Laughlin CEO: Noel Goggin CEO: Kevin Frechette
Industry: Contract Management Industry: Commercial Industry: Intelligent Sourcing
Software Operations Transformation
65 62 59
Keelvar Wipro Medius
Year Founded: 2012 Year Founded: 1945 Year Founded: 2001
CEO: Alan Holland CEO: Thierry Delaporte CEO: Jim Lucier
Industry: Sourcing Optimistion & Industry: Information Technology, Industry: Spend Management
Automation Software Consulting & Business Process Solutions
10 Jan 2022
TOP 100 COMPANIES
58 55
Kissflow TransferMate
Year Founded: 2012 Year Founded: 2008
CEO: Suresh Sambandam CEO: Sinead Fitzmaurice
Industry: Computer Software Industry: B2B Payments
Technology
57 54 52
Xometry Beeline Sovos
Year Founded: 2013 Year Founded: 1999 Year Founded: 2015
CEO: Randy Altschuler CEO: Doug Leeby CEO: Andy Hovancik
Industry: Artificial Intelligence Industry: Computer Software Industry: Tax
Marketplace
56 53 51
InnoCentive Corcentric Riskmethods
Year Founded: 2001 Year Founded: Year Founded: 2013
CEO: Simon Hill CEO: Douglas W. Clark CEO: Heiko Schwarz
Industry: Open Innovation Industry: Spend Management Industry: Supply Chain Risk
Marketplace & Revenue Management
procurementmag.com 11
TOP 100 COMPANIES
TOP 50
50 48
BRYTER Spendesk
Year Founded: 2018 Year Founded: 2016
CEO: Hreuri Grancei CEO: Rodolphe Ardant
Industry: Automation Industry: Spend Management
49 47
Interos Inc Tipalti
Year Founded: 2005 Year Founded: 2010
CEO: Jennifer Bisceglie CEO: Chen Amit
Industry: Operational Resilience Industry: Payables Automation
Set out to reinvent the way As the only global payables auto-
supply chains and business mation solution to streamline AP
relationships are managed, and payment management work-
Interos helps organisations flow phases, Tipalti’s holistic cloud
reduce risks, avoid disruption, platform addresses everything
and achieve superior from supplier on-boarding to
enterprise adaptability. compliance and payments.
12 Jan 2022
TOP100
TOP 100 COMPANIES
46 45
Agora C2FO
Year Founded: 2014 Year Founded: 2008
CEO: Bin "Tony" Zhao CEO: Alexander C Kemper
Industry: Real-time Industry: Financial Services
Engagement
Dedicated to developing a
Headquartered in Santa Clara, future where every company
Agora is a leading real-time has the capital needed to
engagement (RTE) platform grow, C2FO’s platform enables
with a mission to make RTE organisations to work with
ubiquitous so everyone can suppliers and customers to
interact anytime and anywhere. improve cash flow.
44 43
ZETWERK Airbase
Year Founded: 2018 Year Founded: 2017
CEO: Amrit Acharya CEO: Thejo Kote
Industry: Supplier Management Industry: Spend Management
& Spend Management
Providing SMEs a comprehensive
As a universal manufacturing spend management platform,
network, ZETWERK harnesses Airbase offers: all-inclusive
technology to transform accounts payable automation,
traditional methods, reducing software-enabled corporate
costs, optimise suppliers and cards, & simplified employee
execute production faster. expense reimbursements.
procurementmag.com 13
TOP 100 COMPANIES
42 41
Tealbook AppZen
Year Founded: 2015 Year Founded: 2012
CEO: Stephany Lapierre CEO: Anant Kale
Industry: Supplier Data Industry: Finance
40 39
Globality, Inc. Anaplan
Year Founded: 2015 Year Founded: 2006
CEO: Joel Hyatt CEO: Frank A. Calderoni
Industry: Information Industry: Finance & Information
Technology Technology
14 Jan 2022
TOP 100 COMPANIES
38 37 35
TripActions Avetta Mirakl
Year Founded: 2015 Year Founded: 2016 Year Founded: 2012
CEO: Ariel Cohen CEO: Arshad Matin CEO: Adrien Nussenbaum
Industry: Corporate Finance Industry: Logistics & Industry: SaaS Marketplace
Supply Chain
TripActions provides an all- Across the B2B and B2C
in-one travel, corporate card, Connecting leading organisations industries, organisations can
and expense solution enabling with qualified suppliers via its launch marketplaces faster,
visibility and control, using commercial marketplace platform, grow bigger, and operate
real-time data to keep travellers Avetta helps organisations drive with confidence with Mirakl’s
safe, reduce spend, and sustainable growth and manage most advanced enterprise
drive productivity. supply chain risks. marketplace SaaS platform.
36 34
The Smart Cube Zycus
Year Founded: 2003 Year Founded: 1998
CEO: Gautam Singh CEO: Aatish Dedhia
Industry: Management Industry: Cognitive Procurement
procurementmag.com 15
TOP 100 COMPANIES
33 32
Genpact Tradeshift
Year Founded: 1997 Year Founded: 2009
CEO: Tiger Tyagarajan CEO: Christian Lanng
Industry: Information Technology Industry: Supply Chain
Payments & Marketplace
Genpact is a global professional
services firm that drives A leader in supply chain payments
digital-led innovation and and marketplaces, Tradeshift
digitally-enabled intelligent helps buyers and suppliers digitise
operations for its clients, solving their transactions, collaborate on
problems with data, analytics processes, and connect with any
and artificial intelligence. supply chain app.
31 30
Scoutbee EcoVadis
Year Founded: 2015 Year Founded: 2007
CEO: Gregor Stühler CEO: Pierre Francois Thaler
Industry: Supplier Data Industry: Sustainable Supply
Chains
16 Jan 2022
TOP100
TOP 100 COMPANIES
29 28
Amazon Business Aera Technology
Year Founded: 1994 Year Founded: 2017
CEO: Andy Jassy CEO: Frederic Laluyaux
Industry: Purchasing Industry: Information Technology
27 26
Kofax The Hackett Group
Year Founded: 1985 Year Founded: 1991
CEO: Reynolds C. Bish CEO: Ted A. Fernandez
Industry: Intelligent Automation Industry: Consultant
procurementmag.com 17
TOP 100 COMPANIES
TOP 25
24
Dun & Bradstreet
25
Year Founded: 1841
CEO: Anthony Jabbour
Industry: Data & Insights
18 Jan 2022
TOP 100 COMPANIES
22
23
SirionLabs
Rimini Street
Year Founded: 2005
CEO: Seth Ravin 21
Industry: Information
Year Founded: 2012
Technology & Enterprise Accenture
CEO: Ajay Agrawal Year Founded: 1989
Software
Industry: Contract Lifecycle CEO: Julie Sweet
Management Industry: Consultant
Rimini Street is a global provider
Helping leading organisations of enterprise software support Being a global professional
around the world ‘contract products and services, and a services company with leading
smarter’, SirionLabs provides its leading third-party support capabilities in digital, cloud,
users with leading innovations, provider of Oracle and and security, Accenture has
unrivaled contact lifecycle SAP products. ‘unmatched experience’ and
management (CLM) and a deep The widely recognised ‘specialised skills’ across more
commitment to customer organisation helps others to find than 40 industries.
success. and understand all options for When it comes to sourcing
SirionLabs’ easy-to-use smart procurement to gain leverage and procurement, Accenture
contracting platform connects and savings in IT spend helps leaders develop a digital
enterprise teams together to categories such as ERP and procurement approach for their
author stronger agreements, database software. organisation, driving growth while
manage risk and strengthen Rimini Street’s programme continuing to get the basics right.
counterparty relationships. offers a wide range of premium Accenture helps leaders
The trusted solution allows features that are ultra-responsive across finance, supply chain and
organisations to stay one step and includes maintenance procurement ‘embraces the
ahead of supplier agreements and strategic services, power of change’ to create value
with complete visibility and deep as well as expert support and shared success for its clients,
contract intelligence. Users can for customisations. people, shareholders, partners
also benefit from automatic and communities.
vendor performance monitoring,
risk identification, and insights to
strengthen the supply chain.
procurementmag.com 19
TOP 100 COMPANIES
20
DocuSign
19
Year Founded: 2003
CEO: Dan Springer
Industry: Contract Management
20 Jan 2022
TOP100
TOP 100 COMPANIES
18
Pegasystems
16
Workday
17
Year Founded: 1983 Year Founded: 2005
CEO: Alan Trefler CEO: Chano Fernandez
Industry: Computer Software Aneel Bhusri
Industry: Computer Software
procurementmag.com 21
TOP 100 COMPANIES
14 13
15
Icertis Boston Consulting
Year Founded: 2009 Group (BCG)
CEO: Samir Bodas Year Founded: 1963
Industry: Contract Lifecycle CEO: Christoph Schweizer
Ivalua Management Industry: Consultant
Year Founded: 2000
CEO: David Khuat-Duy
Industry: Source-to-Pay ‘Pushing the boundaries of what’s Operating as a consultant for
possible’, Icertis is a contract over half a century, Boston
Ivalua is a leading Source-to-Pay lifecycle management (CLM) Consulting Group (BCG) is a
suite used by more than company that boasts unmatched partner of leading businesses
300 leading companies around technology and category-defining and societies to tackle important
the world. innovation. and complex challenges, as well
Managing over US$500bn in Utilising AI technology, Icertis’s as capture opportunities
direct and indirect spend, Ivalua contract intelligence (ICI) platform for growth.
offers its client an easy-to-use transforms customers’ contracts When it was founded, BCG
and flexible platform to ensure from static documents to a was a pioneer in business
high adoption, rapid time to strategic advantage with structure strategy. Today the company
value, and the ability to meet and connectivity. works with many clients to
unique or evolving requirements. Recognised by the procurement embrace transformations,
Ivalua’s platform provides industry as a clear contract empower growth, build
users with automation management software leader, sustainable and competitive
capabilities to free up time Icertis is driven by its vision advantages, and drive positive
for more strategic activities, to transform the foundation societal impacts to make the
the insights for better and of commerce and develop world a better place.
faster decision making, and organisation-wide contract In the procurement space,
the connectivity to collaborate intelligence. BCG helps sourcing and
with both suppliers and internal Being the first company to grasp procurement leaders define core
stakeholders in a single platform. the truly transformative potential values and identify investment
of CLM, Icertis has pursued this areas to create value.
vision for more than a decade.
22 Jan 2022
TOP 100 COMPANIES
11
12
Deloitte
Year Founded: 1845
CEO: Punit Renjen
Industry: Consultant
Basware
Operating as a consultant for
Year Founded: 1985
CEO: Klaus Andersen nearly two centuries (176 years),
Industry: Cloud & Automation Deloitte helps organisations
become leaders in both their
Basware is a global company with fields and locations. The
Finnish roots. The leading provider company invests in outstanding
of cloud-based, software-as-a- people with diverse talent and
service (SaaS) business solutions. backgrounds, empowering
The company’s mission is to them to achieve more.
empower global trade with data- “Our work combines advice with
driven insights, creating a future action and integrity. We believe
built on complete transparency that when our clients and society
into the flow of money, goods, are stronger, so are we.”
and services. “We call this When it comes to Deloitte’s
visible commerce.” sourcing and procurement
Being an award-winning services, the consultant has
technology provider for finance a track record of tackling the
and procurement, Basware has complex challenges in the
the largest open business network function, enabling clients to
and open technology ecosystem, deliver and sustain measurable
that enables organisations to fully and impactful results.
manage their spend, mitigate
financial risk, and reduce the cost
of operations.
procurementmag.com 23
TOP
TOP 100 COMPANIES
24 Jan 2022
P
TOP 100 COMPANIES
procurementmag.com 25
TOP 100 COMPANIES
09
10
Epicor Software
Year Founded: 1972
CEO: Brian Flynn
Industry: Computer Software
26 Jan 2022
TOP100
TOP 100 COMPANIES
08
Bain & Company
07
Year Founded: 1973 EY
CEO: Manny Maceda Year Founded: 1989
Industry: Consultant CEO: Carmine Di Sibio
Industry: Consultant
Being a global consultant,
Bain & Company has been operating Dedicated to building a better working
for 48 years, helping the world’s most world, EY helps its clients, people,
ambitious organisations and change- and society to create long-term value
makers ‘define the future’. and build trust in the capital market.
Working closely with procurement Harnessing data and technology, EY
functions within an organisation, Bain enables customers to grow, transform,
& Company helps to identify and and operate in today’s environment.
realise cost savings across all spend When it comes to procurement, EY’s
categories and procurement levers. procurement function includes 450
Bain & Company helps to develop an professionals and innovative trendsetters
organisation’s capabilities to ensure around the world who embrace
sustainable gains and growth long-term. transformation and work as trusted
Bain & Company’s services include business advisors to improve financial
strategic procurement planning, buy performance, drive innovation, and
better and spend better, closed loop increase efficiencies.
saving capture, capability building, and “We develop outstanding leaders who
digital foundations and enablers. team to deliver on our promises to all
“Our Strategic Procurement Planning our stakeholders. In doing so, we play a
process enables you to chart an critical role in building a better working
effective path to savings based on world for our people, for our clients and
in-depth cross-functional alignment for our communities.”
and an unwavering focus on your
overall business strategy.”
procurementmag.com 27
TOP 100 COMPANIES
06
GEP
Year Founded: 1999
CEO: Subhash Makhija
05
Industry: Source-to-Pay
28 Jan 2022
TOP 100 COMPANIES
04
03
Oracle
Year Founded: 1977
CEO: Safra Catz
Industry: Cloud Technology
Coupa Software
Providing its cloud, computing Year Founded: 2006
infrastructure, and software solutions to CEO: Rob Bernshteyn
organisations around the world, Oracle Industry: Business Spend Management
helps its customers innovate, unlock
efficiencies and become more effective. Empowering global organisations with
Oracle created the world’s first - and only visibility and control to manage their
- autonomous database designed to help spend smarter and safer, Coupa Software
organise and secure customer data. is a cloud platform for business spend
When it comes to procurement, Oracle’s management (BSM).
Fusion Cloud Procurement suite automates The company’s single platform allows
the procure-to-pay, strategic sourcing users to manage all transactions across
and supplier management processes. The procurement, payments, and supply chain.
integrated source-to-settle suite helps Coupa Software’s comprehensive platform
users streamline shopping and manage has been designed for the end-user to
spend; manage direct materials, services, provide ease of use and flexibility.
and complex procurement; increase agility Coupa Software is driven by its mission to
with supplier relationship management deliver business value. “It’s more than how
(SRM); manage supplier contract lifecycle much you paid for something or what a new
and compliance; and much more. solution saved. Value is the quantifiable,
measurable improvement that a solution
or process delivers. It’s explicit, but it isn’t a
singular achievement or a moment in time.”
procurementmag.com 29
02
TOP 100 COMPANIES
30 Jan 2022
TOP 100 COMPANIES
JAGGAER
Year Founded: 1995
CEO: Jim Bureau
Industry: Procure-to-Pay
Operating for more than 25 years, JAGGAER is a The cloud-based technology company provides
leading Procure-to-Pay (P2P) provider for higher those in procurement JAGGAER One which offers
education and governments. JAGGAER’s solutions users modular solutions for spend analytics,
provide eProcurement and strategic sourcing category management, supplier management,
customers with the best suppliers and the best terms sourcing, contracts, eProcurement, invoicing,
that can be accessed via its scalable, customisable, inventory management, supply chain collaboration,
and user-friendly platform. and quality management.
“Our SaaS-based, source-to-settle solution provides JAGGAER is driven by its mission and vision to drive
unparalleled visibility, insights and recommendations customer value for buyers and sellers through its
to procurement leaders and suppliers. The result is a global connected network, and provide its customers
fluid supply chain driven by powerful spend analysis, and partners with the most intelligent, transparent,
comprehensive contract management and efficient frictionless commerce in the markets it serves.
accounts payable solutions.” “JAGGAER will always provide the best available
Across the entire procurement process, JAGGAER’s talent for the project or task in hand – individuals who
platform offers a full digital transformation cutting are passionate about what they do, know the subject
customer savings annually by US$1bn, reducing matter inside out and are motivated to deliver
process costs by 80%, and lowering error rates by 75%. world class results.”
procurementmag.com 31
TOP 100 COMPANIES
Introduction to
SAP Ariba Procurement
32 Jan 2022
TOP100
TOP 100 COMPANIES
SAP Ariba
Year Founded: 1996
CEO: Christian Klein
Industry: Computer Software
procurementmag.com 33
To all the Companies who were
nominated and took part in the
Top 100 Companies in Procurement...
Thank
You!