Procurence on the 50 to Watch list for a SIXTH time in a row

Spend Matters, recently acquired by the Hackett Group, has released its annual “50 Providers to Watch” lists and Procurence has been included in this prestigious list for the sixth time in a row. Each year, their technology analysts assess the capabilities for an array of companies across 13 market sectors, Spend Matters releases its lists of top global vendors in the industry. These represent the best-in-class companies you need to know about as well as the up-and-coming, growing firms to keep your eye on.
This a latest in line of awards that confirm the status of Procurence as one of the most innovative companies in the procurement and quality management software world.

We are happy to announce that SpendMatters, the most recognized procurement portal has featured Meercat as one the hot 🔥🔥🔥 50 global solutions for procurement.

Procurence is one of the few supplier management solutions on the market that tackles supply quality management in addition to supplier management. It has built up a deep solution that is particularly well-suited for customers that have deep and complex requirements for SPM/SQM. It also offers rich collaboration features that reflect the nature of direct material procurement activities. It is also expanding to cover more processes (e.g. sourcing).
Bertrand Maltaverne, Senior Analyst

One of the reasons we managed to go this far is because we have very supportive clients, who challenge us on a daily basis and who have trusted us with ever more of their internal processes. Clients, who, while being one of largest corporations in the world, understand the benefits of partnering with smaller companies that can deliver quality results at a fraction of the price of the established providers. Our clients value our flexibility and fast delivery and continue to co-develop new functions and modules in Meercat. So, from our side, a BIG THANK YOU!

Second reason for our success is a great team of programmers and support staff who give their best to ensure our customers remain happy and our product continues to develop at such a fast pace (we deliver about 2000 new features and improvements every year). A BIG THANK YOU to you, too!

About the Hackett Group

The lists are compiled by The Hackett Group's Solution Intelligence analysts, formerly the Spend Matters™ analyst team (www.spendmatters.com). Selection is informed by year-round market monitoring, detailed briefings, product demonstrations and direct engagement with procurement technology providers. Vendor evaluation follows a rigorous, data-driven approach based on criteria, including technology capability, solution maturity, innovation, customer adoption and overall market impact. For the 2025–2026 lists, The Hackett Group®evaluated approximately 220 procurement technology vendors globally. Eligibility for inclusion was based on participation in product demonstrations, enabling a consistent and objective assessment across all vendors evaluated. This year's evaluation reflects a rapidly evolving procurement technology landscape, with AI-enabled capabilities now widely embedded across platforms and solution categories. As organizations seek measurable outcomes from technology investments, differentiation is increasingly driven by how effectively providers translate innovation into practical, scalable results.