Gartner® named Bid Ops a 2021 Cool Vendors™ in Strategic Sourcing Technology

If you have been evaluating procurement software, the 2021 Gartner Cool Vendors in Strategic Sourcing Technology report is a must-read.

Application leaders can use Cool Vendors research to identify promising software vendors that can help them make the most of current trends in hyperautomation, data and analytics and supplier enablement.

We believe Bid Ops was recognized for it's ability to automate the sourcing process by simulating the entire sourcing cycle before it begins in order to suggest supplier options, determine a should-cost for each line item, execute the sourcing event, and finally manage the negotiation. Outcomes and supplier metrics are automatically summarized for executive visibility. The should-cost component is one of the key tenets of reducing the cycle times to execute a sourcing event by eliminating the need for suppliers to manually enter quotes, allowing procurement teams to manage more spend.


Complete the form to get your complimentary copy of the 2021 Gartner Cool Vendors in Strategic Sourcing Technology report.
* Cool Vendors in Strategic Sourcing Technology, by William McNeill, Koray Kose, Micky Keck, Patrick Connaughton, 11 November 2021.

Disclaimer: The GARTNER COOL VENDOR badge is a trademark and service mark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and is used herein with permission. All rights reserved.
Gartner Cool Vendor 2021

Read the report