Source: silicon
Zip, the world’s leading procurement orchestration platform, today announced its standout performance in the Spend Matters SolutionMap Spring 2025, achieving the highest technical scores in the newly launched Intake & Orchestration module. As part of Spend Matters’ rigorous and comprehensive assessment of 106 procurement technology solutions across various categories, Zip emerged with the deepest features and highest technical scores among the nine vendors evaluated in the Intake & Orchestration category – outperforming established players like ServiceNow.
“We are thrilled to release our Intake & Orchestration SolutionMap rankings for the first time,” said Nikhil Gaur, Director of Strategic Projects & Research Analyst. “This is unequivocally the most granular data available on this rapidly growing market. We take pride in understanding intake & orchestration as deeply as possible, and we believe the level of detail present in SolutionMap represents this well.”
The Spend Matters SolutionMap Spring 2025 evaluation, which included a detailed analysis of nine top vendors, highlighted Zip’s unique strengths:
- Proven track record of supporting highly regulated industries, supported by advanced archival and audit capabilities that powers SOX compliance for hundreds of publicly traded companies.
- Pioneering role in defining the Intake & Orchestration market around its ease of use, depth, and interoperability across systems.
- Technical expertise in cross-system integration, supported by its a native iPaaS solution and extensive out-of-the-box connectivity.
“Enterprises today face increasing pressure to move faster while maintaining financial discipline,” said Nick Heinzmann, Head of Research at Zip. “Procurement teams need a solution that eliminates friction, accelerates decision-making, and creates one unified procurement experience across the enterprise. Zip was purpose-built to meet these needs, and our recognition in the Spend Matters SolutionMap Spring 2025 reinforces our role in redefining what procurement technology can do for our customers.”
The recognition builds on Zip’s transformative year, which included a landmark $190 million Series D funding round, being Named a Leader in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Spend Orchestration 2024 Vendor Assessment (doc #US51795424, September 2024), and achieving a 400% workforce growth in EMEA.