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Oct 7, 2024

Spend Matters’ recognizes Cirtuo’s leading market position with inclusion in 2024 “50 to Know” list

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After being ‘watched’ by Spend Matters for four years, Cirtuo is recognized among the “50 Providers to Know” in 2024.

We are proud to announce that after four consecutive years of making the ‘50 to Watch’ list of up-and-coming solution providers by SpendMatters, Cirtuo has been recognized as one of the ‘50 to Know’ solutions for Procurement in the 2024 edition of the annual list. This nomination places Cirtuo firmly in the ranks of established solution providers serving procurement, recognizing our deep subject matter experience in Category Management & category strategy development, the user-centricity of our solution, and our broad market reach and customer satisfaction among enterprise customers.  

“Cirtuo’s robust category management solution helps organizations with its AI-augmented structured approach to strategize based on internal demands, market insights/intelligence, and procurement data to develop a portfolio of actions that can be managed in the solution's engaging UI as initiatives and tracked by users to measure success.” – Bertrand Maltaverne, Lead Analyst, Upstream Procurement, Spend Matters

‘50 to Know’ recognizes Cirtuo as an established solution for integrated Category Management

Every year, Spend Matters recognizes the top up-and-coming and established solution providers that propel the procurement and supply chain markets forward with their innovative products through their ‘50 Providers to Know’ and ‘50 Providers to Watch’ lists. The providers are independently selected and objectively assessed by analysts, evaluating factors such as growth, innovation, market presence, tech competency, and solution delivery (customer adoption and satisfaction).

The ‘50 Providers to Know’ list, now in its 11th edition, recognizes the best-in-class companies in the procurement and supply chain market who lead the charge on new procurement technologies and services, setting the industry standard. The evolution of Cirtuo from a provider to watch to a provider to ‘know’ is a recognition of the continued focus on product innovation and the relentless pursuit of customer satisfaction and solution adoption.

“After being ‘watched’ by Spend Matters for multiple years, I’m immensely proud that Cirtuo has been recognized by Spend Matters, the tech industry, and especially enterprise Procurement teams as the leading solution for strategic procurement and category management. Our focus on strong frameworks, user guidance, and business alignment across category and supplier strategy strategies has given us an edge in a still often operationally minded market.” – Drasko Jelavic, CEO & Founder, Cirtuo

Being named a ‘50 to Know’ procurement solution provider is a big milestone for Cirtuo as it follows the release of the 4th generation of Cirtuo Guided Strategy Creation™ earlier this year. The recognition highlights Cirtuo’s continued innovation and development in the field of digital category management and strategy creation. We’re proud to be listed by Spend Matters again and will continue to give Procurement the tools to develop, validate, and execute holistic category and supplier strategies that help them navigate complex business environments, and measure their business impact and value.

About Spend Matters

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors, and solution providers alike as their procurement technology intelligence partner.

About Cirtuo

Cirtuo is the pioneer in digital category management and strategy creation. Based on the original consulting blueprint for category management and refined in countless client workshops, Cirtuo distills the insights from hundreds of category strategies across global and local procurement organizations and spend categories into one digital consultant: Cirtuo Guided Strategy Creation™ Pro. Cirtuo supports over 5.000 category managers of leading national and multinational companies like Siemens Energy, Boeing, Walmart, Novartis, Molson Coors, or British Telecom across industries and 40+ countries in creating business-centric and actionable category strategies that deliver unparalleled impact and value.

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