What it means to be named one of Spend Matters’ 2021 ‘50 to Know’ Providers in Procurement Technology

With procurement technology top of mind for more businesses than perhaps ever before, Spend Matters selected 50 providers that represent the best of the technology vendors that serve procurement, finance, and supply chain organizations—and for the sixth year in a row, Tradeshift made the list. It is a validation of our strategy and vision to be recognized for our commitment to technological innovation and customer success by one of the early thought leaders in the procurement and supply chain sector.

“As companies heavily scrutinize their supply chains and bottom lines to protect against volatility, the procurement technology space has only gained greater notoriety in 2021 among customers and investors alike.”

Nick Heinzmann, a Spend Matters analyst.

More than ever before, finance and procurement professionals are invested in automation and supply chain resilience. We see more organizations looking to address supply chain disruption by accelerating and strengthening their digitization strategies. Enterprise corporations need to make their supply chains more flexible and resilient while maintaining the proper procurement controls.

Spend Matters acknowledges there are plenty of different approaches to tackle the problem of supply chain disruption and specifically called out Tradeshift’s differentiated software approaches to AP automation, modern infrastructure, and strong communication/adaptability needs as impressive. We look forward to continued innovation and growth in this space.