Ideas, insights, and intelligence

As AI-enabled technologies continue to rapidly advance, the integration of machine learning into solutions supporting Contracting & Legal is a primary driver.

Across the digital procurement environment, there has been a considerable focus on decision intelligence, AI, and fully integrated platforms, with the power to automate not only procurement tasks, but also the flow of intelligence across the supply chain.

As digital technologies continue to advance and transform traditional procurement processes, risk management technologies have become entwined into procurement and supply chain solutions.

The strategy, process and performance category covers solutions that are driving improvements in procurement processes, operational, and performance management capabilities.

The B2B Marketplaces category is one of the fastest growing, particularly in the top marketplaces, where a distinct 'thrive or survive' dynamic can be seen at play.

The Sustainable Procurement category is being defined by advancements in AI and machine learning that are unlocking game-changing sustainable procurement analytics.

The Source-to-Pay category has a significant emphasis on collaboration between procurement, suppliers and stakeholders, facilitating better communication and faster decision-making.​

With the emergence of faster, more secure, and flexible tools, the critical partnership between procurement and finance is set to strengthen even further.

With advancements in supplier collaboration and innovation tools, these solutions are enabling joint innovation initiatives between procurement teams and suppliers, driving value creation for both parties.​

These leading solutions serve as a foundation for delivering fundamental procurement objectives, while also enabling procurement to tap into critical new areas for commercial value delivery, such as autonomous sourcing, tail-spend management and advanced cost engineering.

Leading solutions have been recognised for their impact and innovation in digital procurement across 15 categories, including Social Impact, Customer Satisfaction, Advanced AI, Growth, and Innovation.

The sustainability category is receiving a high volume of investment capital, as Procurement continues to experience a rapid upsurge in both new and more advanced sustainable technologies.

Solutions that offer a simplified user interface and enable a seamless end-to-end user journey through process orchestration are being seen as game-changers.

The prevalent focus of the Supplier Management category is defined by the customers of each company - whether they be commercial, collaboration or contractual.

The Sourcing & Cost Management category is defined by super-intelligent, automated and augmented sourcing, with deep capabilities.

S2P. S2C. P2P. Suites. Sourcing.

In the new age of digital Procurement, risk management and new technologies come hand in hand.

Finance and Procurement is evolving to become one of the most important collaborative relationships.

As is the case with many other categories, provider solutions in Contract & Legal are extending capabilities to focus on AI-enabled advanced analytics.

The B2B marketplaces category is one of the fastest growing. Particularly in the top marketplaces, where a distinct 'thrive or survive' dynamic can be seen at play.

Simplification, improved UX, and a modular approach to data and analytics tool sets.

ProcureTech and Kearney announce the 2023 ProcureTech100. The definitive 100pioneering digital procurement solutions that are transforming procurement and the enterprise.

A place where you can connect with procurement professionals, buyers, and solutions all in one. It is the world’s most comprehensive database of digital procurement solutions, showcasing the leading innovators in the industry, and it is the home to market-defining content and cutting-edge insights giving you a look into the future of digital procurement.