Symfact garnered rating of ‘Specialist’
in capgemini’s Digital Procurement Research 2018

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Author Symfact
Categories News

Capgemini has recently released the results to their Digital Procurement Research 2018. For over a decade Capgemini has published a bi-annual report under the name SRM Study. This year’s report has built on the previous objectives—providing businesses with the functional insights into procurement solutions—plus, it will assess vendor solutions in terms of width and depth of their offerings. Thirty-six vendors from 15 countries completed the study and were scored based on their answers.

As the Symfact solution is primarily focused on contract and compliance tools we were evaluated based on these components. As shown in the graphic below Symfact garnered an impressive rating of ‘Specialist’ due to the width and depth of the Symfact product.

Of the thirty-six vendor respondents to the survey, Capgemini found thirty-two of them offered contract management elements. Of the these thirty-two vendors Symfact was rated in the top three with a Depth Score of 95.5%.

In the report Capgemini states that “…contract lifecycle management and a contract repository are offered by most solutions that offer a contracting module. However, just 60% of the solutions offer contract creation functionality, proving that thorough analysis of the solutions unveils great differences between them.”

Symfact is proud to have again participated in this exceptional research by Capgemini and equally thrilled to see the recognition of our robust contract lifecycle management tool.

For a full copy of the Capgemini report please visit their global website at:
https://www.capgemini.com/resources/digital-procurement-research-2018/

 


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