Demand for Strategic Procurement Technology Continues to Rise

More than 70 new customers partner with BravoSolution to unlock the power of procurement

CHICAGO--()--BravoSolution, the strategic procurement company, continues to see rising demand for its suite of procurement technology and services. Globally, more than 70 new customers activated software deals with BravoSolution in 2015. New customers include one of North America’s largest consumer packaged food and beverage companies, one of the world’s largest logistics and postal service providers and a Fortune 1000 electronics and semiconductor manufacturing organization.

“We expect to see even higher demand in 2016 as more CPOs look to unlock the full power of their procurement teams and combat the evolving pressures inherent in today’s global supply chain.”

“The C-suite is relying on procurement to create a competitive advantage and deliver sustainable business value,” said Jim Wetekamp, CEO of BravoSolution. “The expectations for procurement are as high as they have ever been, which has created immense urgency for organizations to transform operations and maximize performance.”

While BravoSolution has experienced strong growth across multiple regions and industries, the company is seeing especially high demand for full-suite implementations in the manufacturing, energy and utilities, and retail/CPG markets. BravoSolution will finish 2015 with more than 600 customers and 65,000 procurement professionals relying on its services and industry-leading strategic procurement platform, BravoAdvantage. Additional successes from 2015 include:

“From automating procurement processes and improving supplier performance to driving profitability, reducing risk and managing compliance, organizations from all across the globe are turning to BravoSolution for support,” said Wetekamp. “We expect to see even higher demand in 2016 as more CPOs look to unlock the full power of their procurement teams and combat the evolving pressures inherent in today’s global supply chain.”

In early 2016, BravoSolution expects to release the latest version of its strategic procurement platform, BravoAdvantage. The new release will include expanded source-to-pay functionality, significant developments within the savings management solution, enhanced reporting and new contract management capabilities.

To learn more about what next year has in store, check out BravoSolution’s latest report: 2016 Supply Chain Predictions: What’s Next for Procurement?

About BravoSolution

BravoSolution is a leading global strategic procurement solution provider. Our procurement technology platform and practitioner experience help more than 600 companies and 65,000 purchasing professionals in over 70 countries unlock the power of procurement to drive financial performance, develop procurement organizational excellence, manage risk, and influence innovation.

BravoSolution’s approach to strategic procurement consistently delivers business outcomes to enable customers to outperform their market. BravoSolution has direct operations in 18 offices located in 12 countries across 4 continents, employing more than 600 procurement experts. To learn more, see http://bravosolution.com, read our blog Strategic Sourcing, follow us on Twitter @BravoSolution and connect with us on LinkedIn.

Contacts

Corporate Ink for BravoSolution
Abigail Holmes, 617-969-9192
Bravosolution@corporateink.com

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