‘Tis the season of the holiday spirit -– and vendor-ranking comparisons — in the Spend Management world. As many readers know, I’ve been around this space far too long not to put coal in analysts’ stockings when they deserve it. And most analyst rankings have enough flaws — or at least a lack of transparency — to warrant someone tossing in a bag of the non-environmentally-friendly stocking filler. But occasionally, analysts get things right, or they at least make a valiant effort at getting at some form of comparative vendor truth. Such is the case with a recent AMR Research analysis of contract-management vendors. Sure, I could point to numerous areas about which I have questions (e.g., the relative rankings of one large Spend Management vendor relative to those of other best-of-breed providers are too close in the functional comparison areas, in my book). But in general, the format, approach, and qualitative components of the analysis make it a useful tool as an initial scan in better understanding the vendor landscape for contract management.
By Jason Busch on December 3, 2009
Obsessed with how companies manage, spend and save money, Jason writes about procurement, trade and supply chain issues @ Spend Matters. He has significant first hand experience developing and marketing technology and services products, has advised numerous companies on sourcing and related techniques as well as M&A pursuits. In previous lives before tech, he was a management consultant and merchant banking analyst.