Cirtuo recognized as ‘2024 ProcureTech 100’ solution provider

1, 2, 3, 4. We are proud to announce that Cirtuo has been named a 2024 ProcureTech100 solution provider. This means that our digital category management solution has made the ultimate list of pioneering technology solutions for the 4th time in a row!

“In a challenging economic environment and with the continued growth of available solutions, I am very happy that digital category management has become the strategic enabler for organizations that want to escape the tactical treadmill”, explained Drasko Jelavic, CEO & Founder of Cirtuo, upon the release of the ProcureTech 100 list. “We do not take being recognized for the fourth time for granted, but it recognizes that Category Strategies help procurement navigate the expanding business requirements and drive greater alignment with business priorities.”

The ProcureTech 100 pioneering procurement solutions

Every year ProcureTech, in collaboration with Kearney and a panel of over 80 Procurement practitioners, technology experts, and B2B investors, selects the 100 most innovative, progressive, and customer-centric procurement technology, data, and analytics solutions on the planet.

“The ProcureTech100 are the 100 pioneering digital procurement solutions in the world. It represents pioneers who inspire and drive digital transformation”, explains Lance Younger, CEO & Founder, ProcureTech.  He added that “being a pioneer means to be customer-centric, innovative, high growth, and to make a social impact. The ProcureTech 100 supercharge procurement, the enterprise, and the digital procurement ecosystem.”

Increasing focus on AI changes the face of the ProcureTech 100  

The Class of ‘24 has seen the addition of many new entrants due to a stronger focus on AI, workflow automation, and continued growth. Spanning the entire process from strategy creation to initiative management and execution, Cirtuo enables category teams of 70+ international customers with a comprehensive strategic procurement control center. 

The recognition as a pioneer in the ‘Strategy, Process & Performance’ category for the 4th consecutive time follows the launch of Cirtuo’s 4th generation Cirtuo Guided Strategy Creation™ Pro earlier this year. With an increased focus on practically relevant AI use cases, the focus of 2024 aligns with the introduction of new GenAI features for input generation and summarization, the strengthened recommendation engine, and the introduction of Ciri, Cirtuo’s AI strategy assistant.

Continuous innovation drives continued relevance for Cirtuo

Cirtuo continues to drive innovation and pioneer new approaches in the field of digital category management. The strengthened integration and alignment of category & supplier strategies, the increased focus on collaboration and business alignment, and the increased focus on driving execution through its end-to-end Initiative Management & value tracking further cement Cirtuo’s holistic perspective on strategic procurement - delivered in a unified environment.

“It is gratifying to see category management taking its rightful place as a priority and a main value driver for procurement in the community”, added Drasko. “Cirtuo has redefined what category management is and how it should be done multiple times in the past. I believe that AI and its numerous use cases are a game changer in productivity and insight for procurement. We will make sure to continue pioneering these use cases to help procurement navigate the complex environment we are facing.”

The entire Cirtuo team would like to express our sincere gratitude to the jury for acknowledging the many years of hard work we've put into helping procurement organizations advance their strategic capabilities.

Contact us to learn more about how Cirtuo enables the world’s leading procurement teams to make category strategies actionable and drive tangible impact from strategy ideation until value realization.

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