CHICAGO, June 5, 2017 /PRNewswire/ -- ClientLoyalty on latest Spend Matters list that shines a light on exciting newcomers who are pushing the envelope in procurement technology.
Spend Matters is a news, research, community and blog about procurement technology and services. Spend Matters routinely reviews the latest procurement technology and service offerings. This uniquely positions them to accurately position vendors and aid practitioners in the selection process. The 50 to Watch list is an unbiased, independent view of the organizations that should be watched out for.
"It's difficult — and getting even more so — to make Spend Matters' 50/50 lists, and we're thrilled ClientLoyalty made it onto the 2017 Spend Matters 50 to Watch list," said Jason Busch, founder and head of strategy at Spend Matters. "This list is the product of intense, debate, discussion and refinement each year by our analysts. This year saw new coverage areas and increased competition among providers in existing segments. Client Loyalty earned a deserved spot as one of the procurement providers worth watching in 2017."
"Supplier performance management has become a high priority amongst business executives," cited Kent Barnett, CEO of ClientLoyalty. "Research shows that organizations can gain significant cost savings, risk mitigation and value adds through better management and measurement of suppliers. This includes suppliers working within any line of business such as Finance & Admin, HR, IT, Sales & Marketing and Supply Chain/Operations. Technology like ours can make performance management so much easier yet so much more powerful and data-driven."
The providers on the 50 to Watch list will be featured throughout the year in Spend Matters and referenced in the Spend Matters Almanac. "We're humbled and honored to be on the list as it shows the power of technology as an enabler to get more value out of supplier relationships," commented Barnett.
ClientLoyalty is a supplier performance management software company. We go beyond traditional scorecards to drive more value from supplier relationships. ClientLoyalty centralizes and shares critical performance data while automating and simplifying vendor processes to transform a reactive, tactical exercise into a persistent, strategic process.
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