JAGGAER Cited As A Strong Performer In Q2/17 EProcurement Research Report
” RESEARCH TRIANGLE PARK, NC – June 12, 2017 – JAGGAER, producers of the world’s most comprehensive Source to Pay (S2P) spend solutions suite announced it has been recognized as a strong performer in the growing eProcurement market, by independent research firm Forrester Research, Inc. in a new report titled “The Forrester Wave™: eProcurement, Q2 2017.” According to the report, JAGGAER “combines one of the best eProcurement products for usability within a comprehensive suite,” and noted the company’s ability to integrate a wide ranging set of solutions into a comprehensive suite.
“JAGGAER’s new name is a sign of new leadership and new customer-focus,” wrote Forrester Vice President, Principal Analyst Duncan Jones in the report, which positions the company as a strong performer and adds that the company intends to expand “beyond its traditional heartland of life sciences and higher education.”
Forrester recognizes JAGGAER for having “some exceptional search capabilities,” including the ability to search by product attribute and contract line items. It also noted JAGGAER’s customers expressed “a noticeable improvement in customer engagement.” Forrester concludes the profile by saying the company “merits consideration by North American AD&D leaders in other industries (in addition to higher education and life sciences) who want a highly usable P2P solution to which they can later add S2C.”
According to the original Forrester assessment, JAGGAER scored the highest ratings possible in the supporting products and services as well as noncatalog requisitions criteria. It scored a 4 out of 5 in automatic validation, invoice validation, invoice exception approval, supplier integration, and robustness criteria.
“The industry pundits are increasingly validating our business and go-to-market strategy: listening to customers, understanding the future trends, and applying these learnings to a technology roadmap that provides tailored solutions for industry verticals. The Forrester report identifies some of the areas that we have committed to this focus, which we believe is a validation that we are delivering on our brand promise” says JAGGAER CEO Rob Bonavito.
JAGGAER’s comprehensive and complete spend solutions suite enables commerce between any businesses, anywhere. We pioneered spend solutions over two decades ago and have continued to lead the innovation curve by listening to customers and analyzing the market. JAGGAER holds 38 patents, more than any other eProcurement company. Our solutions suite is trusted by the world’s largest higher education, commercial, pharmaceutical and life sciences companies that collectively form a network with billions of dollars in annual spend. JAGGAER’s SaaS based, Source to Pay (S2P) solutions enable an efficient relationship between buyers and suppliers, covering the entire spectrum of needs, from sourcing to spend analysis, through contract management and AP. Learn how our solutions can power your organization. www.jaggaer.com.
Formerly POOL4TOOL AG, JAGGAER: DIRECT is a global, market leading solutions suite for electronic process optimization in direct material procurement. JAGGAER: DIRECT provides a complete collaboration platform for over 300 global market leaders, working with 500,000 suppliers within the automotive, engineering and equipment construction, serial production and medical technology spaces. JAGGAER: Direct has been cited by numerous analysts as the leading solution for the only worldwide All-in-One Supply Collaboration Source to Settle (S2S) Platform bringing together all processes from product development through strategic procurement (sourcing), supplier management (SRM), indirect procurement (procurement), Supply Chain Management (SCM) and Quality Management in one workflow-based solution. www.pool4tool.com “