Scout RFP Named as a Gartner Cool Vendor in Procurement and Sourcing Technology

Gartner’s report recognizes young vendors delighting customers with innovation and positive business impacts.

SAN FRANCISCO – May 24, 2017 – Scout RFP, a leader in cloud-based strategic e-sourcing solutions, announced today that it has been named one of Gartner’s 2017 “Cool Vendors” in Procurement and Sourcing Technology.1 The report identifies interesting, new and innovative vendors, products and services. It also explores key findings and recommendations for procurement and IT leaders to keep their businesses compliant and operating at peak performance.

The Gartner report recognizes “vendors delighting customers with innovation and positive business impacts.” Gartner goes on to share, the technology solutions of the evaluated “vendors bring a refreshingly new, disruptive approach to solving age-old problems in the procurement and sourcing domain.”1

Scout’s cloud-based eSourcing platform enables companies to streamline supplier selection, centralize data, and make faster, more informed purchasing decisions. Its strategic sourcing, pipeline, intake, and eAuction tools help procurement professionals source fast and make a bigger business impact.

“We are thrilled to receive the Cool Vendor recognition from Gartner and feel it validates our vision,” said Scout RFP CEO Alex Yakubovich. “Over the last 17 months, we’ve experienced rapid growth and are excited that our customers’ feedback matches Gartner’s assessment. Scout has been deployed globally by some of the world’s leading enterprises and our sourcing platform is enabling the enterprise to execute truly strategic sourcing.”

Scout’s inclusion on Gartner’s Cool Vendors list follows the release of its HBR Analytic Services procurement industry research, which explores the critical roles that sourcing, procurement, and supply chain management play in enterprise success. The new research paper includes insights from leaders at Accenture, Adobe, Bradken Limited, Deloitte, Intuit, Levi Strauss & Co., Owens Corning, Uber, and VSP Global.

Click here to access Gartner’s 2017 Cool Vendors in Procurement and Sourcing Technology report. For more information on Scout RFP, visit www.scoutrfp.com or watch the product overview video.

1 Gartner, Cool Vendors in Procurement and Sourcing Technology, 2017, Desere Edwards, Deborah R Wilson, Magnus Bergfors, May 15, 2017

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Scout RFP

Scout, also known as Scout RFP, provides a new breed of cloud-based strategic sourcing solutions that help organizations achieve better outcomes and make a bigger impact. Leading brands like Intuit, CEMEX, Splunk, Jo-Ann Stores, ServiceNow, Cerner Corporation, EasyJet, and Zebra Technologies trust Scout’s automated sourcing and auction platform to deliver greater value through collaborative business engagement. 27,000 active users across 89 countries have chosen Scout’s simple, effective interface to streamline supplier selection, centralize data, and make more informed purchasing decisions, faster. 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 and follow us on Twitter @scoutrfp or LinkedIn.