Scout RFP Named a Winner of Ventana Research’s 2016 Technology Innovation Awards

Cloud-based Sourcing Platform Recognized for Excellence in Service and Supply Chain

San Francisco, CA – October 12, 2016 — Scout RFP (Scout), the leading cloud-based strategic sourcing platform, was named the winner of Ventana Research’s prestigious 2016 Technology Innovation Award for Service and Supply Chain.

The Ventana Research Technology Innovation Awards cover 30 business and technology categories and are presented annually to distinguished innovators that develop transformative technology. Ventana Research’s recognition showcases vendors who advance their industry by providing solutions that drive collaboration and deliver measurable results.

Scout CEO Alex Yakubovich said, “Scout RFP’s platform enables enterprises to easily tie strategic sourcing projects directly to business impact, so organizations can prioritize spend and position themselves to meet larger strategic goals. Ventana Research’s recognition of Scout as a Technology Innovator validates our mission to simplify sourcing and enable our customers to deliver better business outcomes.”

Ventana Research selects leading software pioneers that develop clear, insightful, and transformative technology that supports the enterprise with agile processes that lower the cost of doing business while maximizing returns.

“Ventana Research focuses on the practical application of information technology to improve company performance,” noted Robert Kugel, Senior Vice President and Research Director at Ventana Research. “Scout RFP offers a streamlined path to increasing the efficiency of the purchasing process and reducing its administrative overhead. Scout can help multiple departments collaborate more effectively while tracking buyer and supplier activities.”

About the Ventana Awards
The Technology Innovation Awards distinguish pioneers that have developed clear, visionary, and transformative technology. The Ventana Research Technology Innovation Awards cover 30 business and technology categories. See more at: www.ventanaresearch.com

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About Scout RFP
Scout RFP is a new breed, cloud-based strategic sourcing solution that allows organizations to make more informed purchasing decisions, faster. Leading brands like Intuit, CEMEX, Jo-Ann Stores, VSP Global, Zebra Technologies, Splunk, and Cerner Corporation trust Scout’s automated sourcing and auction platform to deliver greater value through collaborative business engagement. Over 85 brands and 15,000 active users across 55 countries have chosen Scout’s simple, effective interface to streamline supplier selection and centralize data. Scout is headquartered in San Francisco, and funded by New Enterprise Associates (NEA) and GV (formerly Google Ventures). To learn more, please visit scoutrfp.com, follow us on Twitter @scoutrfp or LinkedIn.

About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.

Ventana Research provides the most comprehensive analyst and research coverage in the industry; business and IT professionals worldwide are members of our community and benefit from Ventana Research’s insights, as do highly regarded media and association partners around the globe. Our views and analyses are distributed daily through blogs and social media channels including Twitter, Facebook and LinkedIn. To learn how Ventana Research advances the maturity of organizations’ use of information and technology through benchmark research, education and advisory services, visit www.ventanaresearch.com.

Contact:
Michaela Dempsey
Senior Director of Marketing, Scout RFP
mdempsey@scoutrfp.com