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This Spend Matters Vendor Analysis Update provides an overview of Pactum and its solution for long-tail negotiations. Once a Spend Matters Future 5, Pactum has continued to grow in recent years to make negotiation autonomous for large organizations. It focuses on reaching win-win deals autonomously via its AI system that, without procurement involvement, can negotiate with human supply-side representatives. This Vendor Analysis Update explores Pactum's platform, application and supporting services and provides a list of its competitors, tech selection tips and key analyst takeaways. Hereâ...

This Spend Matters Vendor Analysis gives an updated overview of Sphera’s SCRM solution, a solution built to improve supply chain resilience by tackling both predictable and unpredictable risks. Sphera SCRM is the new name of riskmethods, an SCRM specialist that was founded in 2013 and has been extensively covered by Spend Matters. Although Sphera (the company, not the SCRM module) is a few years younger than riskmethods, it acquired riskmethods in 2022 to complete its ESG-focused offering with risk management capabilities. The integration of the riskmethods application is a work in progress....

This Spend Matters Vendor Analysis provides an overview of PayEm and its Intake-to-Pay (I2P) solution. PayEm is a relatively new vendor in the market. Since the introduction of its product in 2020, though, it has experienced rapid growth and garnered a substantial customer base that primarily consists of the middle market. The vendor specializes in intake and user configurable workflow creation, enabling customers to capture spend at the point in which employees incur spend. While the solution addresses direct, indirect and services spend, most customers primarily use PayEm for indirect and se...

This Spend Matters Vendor Analysis provides an overview of CobbleStone Software and its sourcing, contract lifecycle management (CLM) and e-procurement solution. CobbleStone is best known for its end-to-end CLM for legal, procurement, sales and risk teams. Its AI system, VIDSOM®, is present throughout its modules. CobbleStone is a no-code solution that over 1,000 companies have chosen in its 25+ years. In addition to its SaaS-based, on-premise software, CobbleStone also offers a mobile app. Through the app, users can manage contracts with capabilities such as search, request initiation, statu...

This Spend Matters Vendor Analysis provides an overview of Evisort and its contract lifecycle management (CLM) solution. Once a promising contract analytics upstart looking to disrupt the market with its strong AI and post-signature capabilities, Evisort has evolved into a well-rounded, end-to-end CLM provider that can compete for both mid-market and large enterprise customers. Included in both Spend Matters 50 to Watch lists for 2021 and 2022, Evisort has recently made advancements to its solution to incorporate more advanced AI features. The provider’s AI has made it a viable complement to...