PITTSBURGH, Jan. 29, 2013 /PRNewswire/ -- CombineNet, Inc., the leading provider of best-in-class sourcing technology solutions for global supply chains, today announced that the procurement and supply chain market's leading news and research firm, Spend Matters, named CombineNet as one of the "Five Specialist Vendors You Must Talk to in 2013."
According to Jason Busch, founder and lead analyst with Spend Matters: "The short list of solution providers was created to give procurement and finance organizations recommendations on innovative companies from whom they may learn something new and truly get inspired about what's possible."
CombineNet was the only sourcing solution provider on the list, cited for its "revolutionary" approach to negotiation and supplier engagement, as facilitated by its advanced e-sourcing solution CombineNet ASAP® and e-sourcing best practices services. The report credits CombineNet for its flexibility in bid collection, which CombineNet refers to as Expressive Bidding®, as well as its support for scenario building, rapid analysis, constraint-based award considerations, and diverse customer use cases across direct and indirect spend categories.
As Jason Busch writes in the report: "Everyone engaged in strategic procurement activities, from a CPO down to a category manager or analyst, will learn something that changes how they think about sourcing from talking to CombineNet."
The five vendors were also each analyzed in more in-depth research reports, in which CombineNet was described as the best candidate in the competitive e-sourcing market.
"We appreciate Spend Matters recognizing our leading technology capabilities and the results we have delivered for our customers to help meet their strategic sourcing goals," stated Rich Wilson, CombineNet's Chief Executive Officer. "We continue to focus on delivering the best possible SaaS-based e-sourcing solution that supports the hard realities of today's procurement teams. Those challenges include spend category complexities, the need to centralize and aggregate spends, and the desire to more strategically collaborate with both suppliers and business stakeholders in order to ensure greater sourcing savings, innovation, and reduced risk and savings leakage."
Both reports are available to subscribers of Spend Matters' PRO premium content site, which publishes independent procurement and supply chain information, insight, analysis, and opinion.
For previews of each report and links to access Spend Matters PRO, please visit: http://pages.combinenet.com/spend-matters-lp.html
CombineNet, Inc. delivers award-winning best-in-class e-sourcing software solutions through its products CombineNet ASAP® for advanced e-sourcing, CombineNet Spend Analysis, and CombineNet Contract Management. Using these Software-as-a-Service (SaaS)-based sourcing products, CombineNet customers can rapidly adopt proven solutions for increasing spend under management and improving enterprise spend insights. Now in its twelfth year in business, CombineNet is known for its track record in driving significant bottom-line and productivity savings for its clientele which includes: General Mills, Hershey's, Heinz, Procter & Gamble, Sears, Johnson & Johnson, A.P. Moller-Maersk, Bayer, Coca-Cola, PepsiCo, Reckitt Benckiser, and many more Global 2000 firms. www.combinenet.com
SOURCE CombineNet, Inc.