Press release -

OpusCapita is a Provider to Watch in 2020 - Spend Matters

Spend Matters released its 50 Procurement Providers to Watch for 2020 on April 21th. Each year, Spend Matters builds a list which recognizes ‘the fast-rising companies in the procurement and supply chain market.’ This list is ideal for organizations making a technology selection or for organizations simply wanting to learn more about the market and the solutions available.

This placement highlights the OpusCapita Source-to-Pay solution and it’s unique fit to organizations with more complex requirements, recognizing us as a vendor to track.

"OpusCapita eProcurement has been highly successful at Ramirent. Our users and our suppliers have found the system easy to use which has translated into increased spend under management."

Peter Andréas, Sourcing and Trade Manager, Ramirent Sweden

In under 3 years, Ramirent was able to increase spend under management by 400%!


About the 50/50 lists:

“The Spend Matters 50/50 lists are the subject of much debate inside our analyst team. We start with a ‘bottoms up’ approach to make sure that every provider deserves the spot over someone who is not on it. But at the end of the day, the 50/50 is just a ‘list.’ It does not capture all the providers that everyone should know. For example, now that we have tightened up criteria for services firms, requiring that they also ‘own’ technology which they deploy with clients, there are some great names in procurement who didn't make the list. There are over 300+ core tech providers, both broader suite providers and niched specialists, that Spend Matters tracks within the procurement technology market, and close to 1,000 at the periphery. This makes it incumbent on everyone , including us, to not follow the "80/20" rule (or just shortlist the top right quadrant), when it comes to picking the best technology for a given need. Regardless, we congratulate those on this year's 50/50 list, as it’s becoming more and more competitive to make it!” – Magnus Bergfors, VP European Research & Lead Analyst, Spend Matters

About Spend Matters - Solution Intelligence for Procurement

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. Spend Matters is owned and managed by Azul Partners, Inc.

Press Contact:

Morgan Zombolas, Marketing Communications Specialist, Azul Partners, Inc.

mzombolas@spendmatters.com

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OpusCapita enables organizations to sell, buy and pay quickly and securely, with a real-time view of their business. Over 3,000 customers in over 100 countries use our source-to-pay, cash management and product information management solutions to connect, transact and grow. OpusCapita processes over 220 million electronic transactions annually on its Business Network, which includes almost 1 million organizations and over 11,000 financial institutions worldwide.

Contacts

Øivind Kirksæter

Press contact Chief Executive Officer of OpusCapita