10. November 2022 | News

Spend Matters recognizes Onventis in “50 Providers to Watch” for the second time

We are proud to announce that Onventis was selected for the second time in a row by Spend Matters as one of the world’s S2P suite providers to watch – after being listed in 2021 first. Each year the 50 Providers to Watch list recognizes the fast-rising companies in the procurement and supply chain market. These are the up-and-comers: solution providers who continue to grow and develop innovative products propelling the market forward.

2022 marks the ninth year of the 50 to Watch list, which rank procurement technologies in one of 10 market sectors including source-to-pay.

A mid-market leader in the DACH region, Onventis rounded out its S2P suite in the past year with the acquisition of Spendency, a spend analytics provider. It is a provider to watch closely over the next several years as it makes rapid expansion plays to other near regions and further refines its mid-market-specific product set.

Nick Heinzmann, VP of Research at Spend Matters

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