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Get an impartial view of the procurement and sourcing solutions landscape

Matchory, the real-time supplier discovery platform, has been recognized by Gartner as a 2023 Cool Vendor for Sourcing and Procurement Technology. According to the report “Procurement data is dynamic, and organizations struggle to make the most of this important information. Emerging technologies have the potential to enhance data-driven decision-making capabilities for an enterprise.”

Matchory, the real-time supplier discovery platform, has been recognized by Gartner as a 2023 Cool Vendor for Sourcing and Procurement Technology. According to the report, “Procurement data is dynamic, and organizations struggle to make the most of this important information. Emerging technologies have the potential to enhance data-driven decision-making capabilities for an enterprise.”

Through Big Data, AI, and Machine Learning, Matchory enables procurement and sourcing leaders to find matching suppliers in a fraction of the time versus traditional sourcing methods. With a database of over 10 million suppliers across all regions and industries, enterprises can easily grow their supply base to achieve cost reduction, improved product quality, and more resilient supply chains.

Why This Recognition Matters
Being named a Gartner Cool Vendor highlights Matchory's dedication to revolutionizing supplier discovery and procurement efficiency. In a time when supply chain resilience is more crucial than ever, having access to accurate, real-time supplier data can mean the difference between business success and disruption. This acknowledgment from Gartner underscores the importance of data-driven supplier scouting and validates Matchory’s innovative approach.

Matchory’s AI-driven supplier discovery platform is built to address the ever-evolving needs of modern procurement professionals. By eliminating manual supplier searches and leveraging intelligent automation, procurement teams can make data-backed decisions with confidence. This not only saves valuable time and resources but also helps organizations stay ahead of market trends and mitigate risks more effectively.

As supply chains continue to face challenges due to global disruptions, Matchory remains committed to empowering businesses with cutting-edge sourcing technology that transforms procurement into a strategic advantage.

For more information on how Matchory is shaping the future of supplier discovery, visit Matchory's website.

"We believe this recognition further validates Matchory’s approach to supplier scouting, that it should be easy, fast and transparent. As procurement teams increasingly focus on ways to be more efficient, Matchory’s solution can play a key role to enhance their sourcing strategy and drive performance improvement."

Aiko Wiegand
CEO, Co-Founder Matchory

Disclaimer: GARTNER is a registered trademark and service mark of Gartner and Cool Vendors is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. The GARTNER COOL VENDOR badge is a trademark and service mark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. 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, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.*Cool Vendors in Sourcing and Procurement Technology , Cian Curtin, Micky Keck, Naveen Mahendra, Chaithanya Paradarami 9 October 2023

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