Procurement Magazine Top 100 Companies in Procurement 2022 | Page 22

TOP 100 COMPANIES

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Ivalua
Year Founded : 2000 Industry : Source-to-Pay
Ivalua is a leading Source-to-Pay suite used by more than 300 leading companies around the world .
Managing over US $ 500bn in direct and indirect spend , Ivalua offers its client an easy-to-use and flexible platform to ensure high adoption , rapid time to value , and the ability to meet unique or evolving requirements .
Ivalua ’ s platform provides users with automation capabilities to free up time
for more strategic activities , the insights for better and faster decision making , and the connectivity to collaborate with both suppliers and internal stakeholders in a single platform .
Icertis
Year Founded : 2009 Industry : Contract Lifecycle Management
‘ Pushing the boundaries of what ’ s possible ’, Icertis is a contract lifecycle management ( CLM ) company that boasts unmatched technology and category-defining innovation .
Utilising AI technology , Icertis ’ s contract intelligence ( ICI ) platform transforms customers ’ contracts from static documents to a strategic advantage with structure and connectivity .
Recognised by the procurement industry as a clear contract management software leader , Icertis is driven by its vision to transform the foundation of commerce and develop organisation-wide contract intelligence .
Being the first company to grasp the truly transformative potential of CLM , Icertis has pursued this vision for more than a decade .
Boston Consulting Group ( BCG )
Year Founded : 1963 Industry : Consultant
Operating as a consultant for over half a century , Boston Consulting Group ( BCG ) is a partner of leading businesses and societies to tackle important and complex challenges , as well as capture opportunities for growth .
When it was founded , BCG was a pioneer in business strategy . Today the company works with many clients to embrace transformations , empower growth , build sustainable and competitive advantages , and drive positive societal impacts to make the world a better place .
In the procurement space , BCG helps sourcing and procurement leaders define core values and identify investment areas to create value .
22 Jan 2022