Willow Grove, PA, May 23, 2017 –(PR.com)– Source One Management Services has been recognized by premier supply chain and procurement publication Spend Matters as a 2017 Provider to Watch, returning to the list for the second year in a row. The honor, which highlights industry game changers, comes at an exciting time for the procurement and strategic sourcing consultancy which celebrates its 25th Anniversary this year.
During this 25th Anniversary, the firm has bolstered its service offering stemming from its deeply planted roots as one of the original consulting firms solely focused on procurement and strategic sourcing. Among the many highlights, Source One recently launched its spend analysis as a service web platform, SpendConsultant.com, for companies looking to take the complexity out of spend visibility and cost reduction without undertaking lengthy technology implementations. The firm also partnered with the Institute for Supply Management as a major sponsor of the ISM2017 annual conference and as the exclusive sponsor of the executives-only Exec In Forum, designed to explore the unique supply management challenges facing enterprises with over $1.2 billion in revenue.
Spend Matters, a leading outlet for supply management news and insights exploring topics related to e-procurement, risk management and compliance, category management, and more, released its highly competitive annual list during the ISM2017 annual conference. The Providers to Watch List is a reliable vendor selection resource to support organizations in their search for leading technology and services providers. Founder and head of strategy for Spend Matters Jason Busch shares, “It’s difficult – and getting even more so – to make Spend Matters’ 50/50 lists, and we’re thrilled Source One made it onto the 2017 Spend Matters 50 to Watch list. This list is the product of intense, debate discussion and refinement each year by our analysts. This year saw new coverage areas and increased competition among providers in existing segments. Source One earned a deserved spot as one of the procurement providers worth watching in 2017.”
Source One’s stride shows no signs of stopping as the firm revamps its eSourcing and reverse auction platform, WhyAbe.com, and grows its Procurement Transformation Advisory practice – driving its ability to support a wide range of enterprise goals from simply offering a better way for buyers and suppliers to connect, to providing the mechanisms and process for optimizing procurement operations. Source One CEO Steven Belli explains, “The Provider to Watch recognition is a complete honor and is indicative of the exciting place we’re at right now as a procurement consulting firm. A core part of the value we deliver to our clients is not only our decades of experience but our agility in delivering solutions that address modern procurement challenges. We’re constantly evolving and leveraging our expertise to not only enhance the supply management operations for our clients, but for the practice as a whole.”
About Source One
Since 1992, Source One Management Services, LLC has been a leading provider of procurement and strategic sourcing services. With an expansive portfolio of spend management solutions backed by procurement-focused technology and tools, Source One is the prime choice of leading-edge organizations seeking innovative cost reduction and supplier relationship management strategies. Acting as an extension to client resources, the Source One team provides a balance of market intelligence, procurement best practices, and category subject matter expertise to deliver sustainable budget optimization results. To learn more about how Source One can help you reach your spend management goals, visit us online at: http://www.sourceoneinc.com/consulting-tools/sourcing-and-procurement-services/procurement-services-overview/.