Autonomous Sourcing Pioneer Recognized by Leading Procurement Analysts for Enabling Businesses to Quickly React to Market Changes Amid Disruption
Keelvar, a global pioneer of intelligent autonomous sourcing solutions, has been included in the Spend Matters ‘50 Provider to Watch’ list, as revealed today during the SIG Global Executive Summit, a destination for industry recognition and achievement hosted by Sourcing Industry Group (SIG).
“As market volatility continues, businesses cannot survive without the ability to quickly pivot in the face of adversity. At Keelvar, we’re powering sourcing teams with the agility needed to weigh various sourcing scenarios and determine the best decisions for their supply chains”
“Keelvar is the last pure-play optimization vendor that has not yet keeled to a larger vendor, and deserves to be recognized for this,” says Michael Lamoureux, Consulting Lead Analyst and Futurist.
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The recognition highlights Keelvar’s autonomous sourcing solution and sourcing optimizer platform, which leverages AI, data science and smart sourcing bots to offload up to 90% of manual tasks in the sourcing process – enabling businesses to identify reliable suppliers, control costs and make quick, effective and smart sourcing decisions that drive key business objectives, like ESG, product innovation, profitability and resilience. Keelvar’s solutions help organizations achieve sourcing excellence by making the sourcing process simpler, smarter and faster, so customers can quickly react to market changes amid supply chain disruption.
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“As market volatility continues, businesses cannot survive without the ability to quickly pivot in the face of adversity. At Keelvar, we’re powering sourcing teams with the agility needed to weigh various sourcing scenarios and determine the best decisions for their supply chains,” said Alan Holland, Founder and CEO of Keelvar. “This recognition by Spend Matters – one of the most qualified independent platforms in the procurement industry – is an honor, and we’re excited to continue helping businesses leverage autonomous sourcing to ensure resiliency.”
Each year, the ‘50 Providers to Watch’ list recognizes the fastest-rising companies in the procurement and supply chain market. This year marks the ninth year of publication for the Spend Matters ‘50 to Watch,’, as well as its counterpart, the 50 to Know. Vendors featured on the annual 50/50 lists are independently selected and reviewed by the entire Spend Matters analyst team.