Verian Highest and Furthest along Axes in Visionaries Quadrant in 2015 Gartner Magic Quadrant for Procure-to-Pay Suites

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Gartner recognizes Verian for completeness of vision and ability to execute in purchase-to-pay technology solutions

We believe Verian’s Visionary position in Gartner’s Magic Quadrant is symbolic of what we strive to accomplish each day.

Verian, leader in cloud-based purchase-to-pay (P2P) solutions, has been positioned highest and furthest along the ability to execute and completeness of vision axes in the Visionaries Quadrant in Gartner’s new Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement, published this week.

Verian’s tenure in the market – longer than any other independent vendor – has allowed them to develop deep P2P functionality and complementary, native solutions in asset and inventory management that enable seamless workflows and greater spend under management.

According to the report, “P2P suite vendors in the Visionaries quadrant are ahead of most of the competition in developing innovative products and services. They harness the power of Nexus of Forces — mobile, social, cloud and big data — to create unique solutions, and they anticipate emerging/changing market needs.”

"We are delighted to be recognized by Gartner and placed in the Visionaries quadrant," said Dana Marxer Saylors, Vice President of Product Strategy at Verian. "Our market-oriented approach to product strategy, all the work we do to listen to our customers and solve their challenges, our process for translating industry trends into product innovation – we believe these are the practices that make us different and will continue to fuel our accelerated growth.”

The breadth and depth of multi-tenant P2P SaaS solutions like Verian are replacing the limited functionality in ERP systems, and offering customers quicker ROI, access to the latest technology, and ease-of-use.

“We believe Verian’s Visionary position in Gartner’s Magic Quadrant is symbolic of what we strive to accomplish each day,” said Tehseen Ali Dahya, President and CEO of Verian. “We focus on customers to anticipate their future needs and deliver best-in-class technology.”

To learn more about Verian, visit Verian.com or register for the “Introduction to Verian” webinar April 9 at 2:00 p.m. EDT.

About Verian
Verian is a worldwide leader in purchase-to-pay solutions. Creating visibility and control over clients’ indirect spending, we help organizations achieve dramatic cost savings and contract compliance. We drive value beyond implementation by helping organizations bring every pocket of spend under management with our proven See-Manage-Save approach. Learn more by visiting our website at Verian.com.

Gartner, Magic Quadrant for Procure-to-Pay Suites for Indirect Procurement, Magnus Bergfors, Paolo Malinverno, Deborah R Wilson, 24 March 2015.

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.

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Lindsay Munn
Verian
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