Paris, March 16th 2021. Synertrade, a subsidiary of Econocom Group, leader in Digital Procurement solutions, announced today it has been named a Leader in All six procurement categories in this year’s IDC MarketScape 2021 Vendor Assessments.
The IDC MarketScape reports evaluate procurement solution for their excellence in several categories. These reports help organizations select the right procurement solution provider as they move towards digitally transforming procurement.
Synertrade was awarded as a leader among the core streams of procurement categories :
- Supplier Relationship Management
- Spend Analysis
- Contract Life-Cycle Management
We’re proud that Synertrade is recognized in all 6 different procurement categories as a “Leader” by the IDC MarketScape. This achievement in an extremely competitive industry shows we have been working hard to help our clients achieve their desired results. So, we are particularly pleased to see our dedication, determination and products recognized by the IDC MarketScape.
Sergio Perego, VP Global Sales & Marketing, at Synertrade
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About Synertrade :
Synertrade is a world leader in SaaS software supporting the Digital Transformation of Procurement processes. Our decison-making platform Synertrade ACCELERATE, covers the entire supply chain thanks to a set of flexible, scalable and easy-to-use applications. Today, it enables the management of hundreds billions euros of spend each year, and offers new performance opportunities to the Procurement and Finance departments of companies such as Google, Schneider, Salini Impregilo, Fresenius Medical Care, Alstom, Lufthansa, T-Systems, Renault, Mediaset, Bonduelle, Menarini, Altran, Metro, Club Med, AGCO, Smith & Wesson and more. Synertrade empower the Procurement Digital Transformation with passion and accountability. With more than 20 offices worldwide and 24/7 support in 10 languages, Synertrade provides expertise and local service to its clients for the digitalization of their Sourcing, Procurement and Supplier Relationship Management processes. Synertrade is a subsidiary of the Econocom Group. »
About Econocom :
As a digital general contractor, Econocom conceives, finances and facilitates the digital transformation of large firms and public organisations. With 40 years’ experience, it is the only market player offering versatile expertise through a combination of project financing, equipment distribution and digital services. The group operates in 18 countries, with over 9,500 employees, and made €2,559m in revenue in 2020. Econocom is listed on Euronext in Brussels, on the BEL Mid and Family Business indexes.
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About IDC :
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be Page 6 © IDC Visit us at IDC.com and follow us on Twitter: @IDC meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procurement Applications 20201 Vendor Assessment (doc #US45015719, February 2021); IDC MarketScape: Worldwide SaaS and Cloud-Enabled Procure-to-Pay (P2P) Applications 2021 Vendor Assessment (doc #US45015519, February 2021); IDC MarketScape: Worldwide Cloud-Enabled Supplier Relationship Management (SRM) Applications 2021 Vendor Assessment (doc #US45015919, February 2021); IDC MarketScape: Worldwide SaaS and Cloud-Enabled Buy-Side Contract Life-Cycle Management Applications 2021Vendor Assessment (doc #US45016019, February 2021); IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sourcing Applications 2021 Vendor Assessment (doc #US45015419, February 2021); and IDC MarketScape: Worldwide SaaS and Cloud-Enabled Spend Analysis and Management Applications 2021Vendor Assessment (doc # US45015319, February 2021).