Home › News › SupplyOn recognized as a Notable Vendor in the 2023 Gartner® `Manufacturing Context: Magic Quadrant™ for Procure-to-Pay Suites´

A Notable Vendor recognition by Gartner SupplyOn recognized as a Notable Vendor in the 2023 Gartner® `Manufacturing Context: Magic Quadrant™ for Procure-to-Pay Suites´

August 9, 2023 · reading time < 2 Min.

“Direct materials procurement introduces additional functionality requirements when selecting a procure-to-pay vendor (P2P).” According to Gartner: “Procure-to-pay suites bring efficiencies, governance and controls to the operational procurement and invoice payment process. These solutions are focused on the procurement process execution and may integrate with, but are not intended to replace, ERP, material requirements planning (MRP) or enterprise asset management (EAM) solutions.

The Magic Quadrant for Procure-to-Pay Suites includes vendors that can support the basic definition of direct, indirect and services spend. And Gartner’s Critical Capabilities for Procure-to-Pay Suites outlines five use cases; one of those is direct materials procurement, which is the ability to procure materials related to manufacturing or resale.”

“Several vendors evaluated in Magic Quadrant for Procure-to-Pay Suites can support the direct spend requirements of manufacturers. These vendors offer varying degrees of in-house domain knowledge and industry-specific functionality as well as a varying degree of willingness to work with manufacturers to add, modify or customize functionality for direct procurement. Additionally, some vendors evaluated for the Magic Quadrant partner with vendors listed in the Notable Vendors section to address all types of procurement.”

SupplyOn is excited to be recognized as a Notable Vendor in this Gartner report.

 

 

Gartner, Manufacturing Context: Magic Quadrant for Procure-to-Pay Suites, Chaithanya Paradarami, Cian Curtin, 20 June 2023

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