Source One Named a Spend Matters 2017 Provider to Watch
Willow Grove, PA, May 23, 2017 – Boutique consulting firm specializing in procurement solutions, Source One Management Services, has been named a 2017 Provider to Watch by top supply chain and procurement publication, Spend Matters. This is the second year in a row Source One makes the distinguished list which recognizes innovative firms in the technology and consulting space. The honor comes at an exciting time in the consultancy’s history, celebrating its 25th Anniversary this year.
Source One continues to gain momentum this year in turning spend management goals into realities for industry-leading enterprises with both its procurement services and thought-leadership. Throughout the past year, the consultancy, which has deeply planted roots as one of the original providers focusing on procurement and strategic sourcing, has strengthened its supply management service offering. Among the highlights is Source One’s launch of its spend analysis as a service web platform, SpendConsultant.com, providing procurement professionals a pain-free spend analysis and cost-reduction opportunity assessment. Also this year, Source One partnered with the Institute for Supply Management as a sponsor of ISM2017 and exclusive sponsor the executives-only sub-conference, Exec In. Exec In is a privately held experience of the ISM Annual Conference designed to address the unique procurement challenges facing global enterprises with over $1.2 in annual revenue.
Spend Matters, a premier outlet for supply management news and insights covering a variety of topics ranging from e-procurement to risk management, released it’s 2017 list during the ISM Annual Conference. The Providers to Watch is a reliable resource of leading procurement technology and service providers designed to help companies in their vendor research and selection process. “It’s difficult – and getting even more so – to make Spend Matters’ 50/50 lists, and we’re thrilled Source One made it onto the 2017 Spend Matters 50 to Watch list,” shares Founder and head of strategy for Spend Matters Jason Busch. “This list is the product of intense, debate discussion and refinement each year by our analysts. This year saw new coverage areas and increased competition among providers in existing segments. Source One earned a deserved spot as one of the procurement providers worth watching in 2017.”
With major improvements coming to its e-Sourcing and reverse auction platform Whyabe.com and sustained growth of its Procurement Transformation Advisory Practice, Source One’s stride shows no signs of slowing. The firm continues to bolster its ability to support a wide range of spend management initiatives ranging from simply providing a better way for buyers and suppliers to connect to delivering the mechanisms and structure for optimizing procurement operations. Source One CEO Steven Belli shares, “We’re thrilled to be recognized as a Spend Matters Provider to Watch. It’s indicative of the results we’re driving for our clients as an agile spend management consultancy with a history in strategic sourcing and procurement. We’re continuously looking for opportunities to evolve our services to address the morphing challenges in today’s procurement organization.”
Corcentric is a global provider of business spend management and revenue management software and services for mid-market and Fortune 1000 businesses. Corcentric delivers software, advisory services, and payments focused on reducing costs, optimizing working capital, and unlocking revenue. To learn more, please visit corcentric.com.