Five Companies Offering Advanced Solutions for Procurement and Supply Chain Operations Named IDC Innovators

NEEDHAM, Mass.--(BUSINESS WIRE)--#ContractManagement--International Data Corporation (IDC) today published an IDC Innovators report profiling five emerging sourcing vendors that are leveraging advanced analytics and cloud technology, and are uniquely focused on a clean, transparent and intuitive user experience to augment procurement and supply chain operations. The five companies are: Cirtuo, Everstream Analytics, LogicSource, ORO Labs, and Suppeco. Procurement applications automate processes relating to purchasing supplies, material, and services. The procurement function covers sourcing, procurement, supplier relationship management, contract management, savings tracking, transaction processing, and payments support — all of which ar