Tonkean Named Among Top “50 Procurement Vendors to Watch” By Spend Matters For Second Year In a Row

Tonkean
Tonkean
March 7, 2025
October 8, 2024
5
min read
Tonkean Named Among Top “50 Procurement Vendors to Watch” By Spend Matters For Second Year In a Row

We’re excited to share that Spend Matters, leading solution intelligence source for procurement and supply chain professionals, has included Tonkean on its coveted “50 Providers to Watch” list for 2024! 

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals—trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner.

The 50 Providers to Watch list aims to represent the best technology providers serving procurement with innovative products that serve to propel the market forward. Each vendor on the 50 Providers to Watch list is independently selected by Spend Matters’ analyst team through rigorous debate, focusing on innovation, market presence, and solution delivery. 

“Spend Matters tracks some 1,500+ procurement and supply chain technology and services providers,” says  Nikhil Gaur, Strategic Projects Director & Research Analyst. “Given the evolving market and the emergence of new technologies, we discover and take demos with new types of providers all the time. Solutions around ESG, risk, intake & orchestration come to mind.”

Tonkean, first-of-its-kind intake and orchestration provider for enterprise internal service teams, was recognized for its recent efforts “to better support procurement” says Gaur, and because of what Tonkean offers in the way of "stakeholder collaboration, intuitive intake and highly customizable workflows, and integrations with Coupa and SAP Ariba.”

It’s an honor being included on the “50 Providers to Watch” list—for the second year in a row. Tonkean is at the vanguard of the intake and orchestration technology category in procurement, and we’re thrilled to see all the excitement that category is generating. 

Want to learn more about what capabilities Tonkean was selected for? Head over to our ProcurementWorks solutions page—and watch this space for more updates coming soon!

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