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(IT-NEWSWIRE.COM, October 19, 2019 ) Spend Analysis Software leverages advanced analytical tools to help companies identify, gather, categorize, cleanse, and analyze data on business expenditure in order to reduce procurement cost, improve efficiency, and continuously update organizational data to ensure compliance to contract terms and other requirements. Spend analysis software has applications in numerous business areas, including inventory management, product & process development, and budgeting & planning.
360Quadrants, the most granular comparison platform, has released a quadrant on Spend Analysis Software to help businesses make quicker and more informed decisions. The quadrant has Jaggaer, Coupa, and Proactis sharing space as Visionary Leaders. 360quadrants are generated post analysis of companies (product portfolios and business strategy). Quadrants will be updated every three months based on market and regional analyses and developments in Spend Analytics Software. 360Quadrants also list the 20 best companies in the Spend Analysis Software space.
Spend Analysis Software Quadrant Highlights
360Quadrants covers 43 companies in the spend analysis software space and places the top 25 of them in a quadrant based on their quality, reliability, and business outcome. These 25 companies are categorized as Visionary Leaders, Dynamic Differentiators, Emerging Companies, and Innovators.
360Quadrants recognizes Oracle Corporation, Coupa, SAS Institute, SAP SE, Jaggaer, IBM, and Proactis as Visionary Leaders; Corbus LLC, ProcurePort, Empronc Solutions Pvt Ltd, and Wax Digital as Innovators; and Sievo Oy, Synertrade, BirchStreet Systems, Opera Solutions, and Palette Software as Emerging Companies. The 360Quadrants platform provides the most granular Spend Analysis Software comparisons between vendors.
Methodology
The methodology used to rank vendors of Spend Analysis Software involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 25 key vendors were shortlisted based on their breadth of product offerings, organization size, and several other criteria. The scores and weights for shortlisted vendors against each parameter were finalized after extensive research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on its score in the product offering and business strategy parameters.
About 360Quadrants
360Quadrants is the largest marketplace looking to disrupt US $3.7 trillion of technology spend and is the only rating platform for vendors in the technology space that combines data from buyers, vendors, experts, and in-house analysts. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. 360Quadrants aims to simplify and de-risk complex purchase decisions by providing buyers with real-world insights from their peers, industry experts, analysts, and vendors, helping buyers make more informed decisions and find the best-fit solutions faster. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.
360Quadrants has also launched quadrants in fields like Web Application Firewall Software, Customer Self-Service Software, and API Management Software.
360Quadrants
Mr. Manoj Singhvi
1-888-600-6441
manoj.singhvi@360quadrants.com
Source: EmailWire.Com 
Source: EmailWire.com
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