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Procurement Analytics Software

Procurement Analytics

What is Procurement Analytics Software?

Procurement analytics software collects and analyzes procurement data, offering business insights that can be used to support effective decision making and ultimately, improve business performance. Procurement analysis involves collecting data from various sources – both internal and external – and then classifying said data into standard and use-case specific taxonomies. After classification, data is then presented in a visualization dashboard either within the application itself or via an integrated business intelligence tool.

Common Features

  • Spend Analysis
  • Contract Management
  • Analytics and Reporting
  • Demand Forecasting
  • Interoperability/APIs
  • Budget Management
  • Catalog Management
  • Risk Management
  • Machine Learning
  • Price Benchmarking
  • Compliance Management
  • Automation
  • Operational Metrics

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Top Procurement Analytics Software 2025

Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.

Products below are ineligible for awards due to insufficient recent reviews

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JAGGAER ONE offers full digital transformation across the entire procurement spectrum from source to pay and for all types of spending in all industry sectors, with modular solutions on a unified digital platform that integrates easily with your ERP and accounting systems.

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Genpact's sourcing and procurement team helps you create enterprise value by implementing seamless procure-to-pay processes that build resilience against economic volatilities and contribute to ESG goals by driving responsible sourcing practices across their company's supplier base as well as proactively manage supplier risks, optimize cash flow, and enhance user experiences and supplier relations.

Proactis

Proactis

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Proactis is a Source-to-Pay software solution provider for mid-market organisations across a range of service-led industries. Proactis’ end-to-end modular platform enables customers to control spend and manage supply-chain risk; improve compliance and governance of their purchasing activities; reduce the cost of goods and services; and deliver efficiencies, all through process digitisation and automation.

Dataction Analytics Pvt. Ltd.

Dataction

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Dataction’s Procurement Services supplement the clients’ internal Procurement Department with world-class research, analytics, sourcing, and operations capabilities, so that the clients’ procurement team can focus on more strategic activities. They configure each engagement to best fit the client’s specific requirements. The engagement model allows our clients to leverage different procurement skills offered by our sourcing associates without hiring a full-time resource for each skill.

Controlled Data Inc.

ProcurePort

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ProcurePort’s Sourcing and Spend Management Platform was created to increase efficiency and simply drive down the cost of doing business. It is an intuitive platform that is designed to simplify complex procurement processes and purchasing, and analyze your spending,

Simfoni

Simfoni

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The Simfoni platform utilizes machine learning and artificial intelligence to accelerate and automate key aspects of the procurement process, saving customers time and money and paving the way toward supply chain sustainability. The AI-powered Spend Intelligence solution quickly distills and organizes complex spend data to help procurement and finance professionals discover opportunities and savings. Our on-demand Spend Automation solution gets customers up in running in days to execute against these opportunities.

SpendHQ

SpendHQ

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SpendHQ is a SaaS Procurement Software company, providing Solutions for Performance Management and Spend Intelligence. With SpendHQ, you get integrated spend intelligence and performance management solutions that are proven to deliver more cost savings, ESG progress, and business impact.

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Corcentric’s Spend Analytics software creates actionable intelligence that can help organizations consolidate and categorize supplier information and procurement data. Spend analytics tools give you a single, holistic view of organization-wide spend data across all supply chains. Spend Analytics activates data sources to gain deeper insights and converts company spend into strategic actionable intelligence.

Rosslyn Data Technologies PLC

Rosslyn

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Rosslyn provides an award-winning procurement analytics and predictive analytics platform. The Rosslyn Platform helps organizations with diverse supply chains mitigate risk and make informed strategic decisions. It leverages automated workflows, artificial intelligence and machine learning to extract and consolidate procurement data providing visibility of complex supplier data, enabling supplier spend savings and delivering rapid ROI.

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Our comprehensive product portfolio includes applications for both the strategic and the operational aspects of procurement - eProcurement, eInvoicing, Spend Analysis, eSourcing, Contract Management, Supplier Management and Financial Savings Management.