Executive Summary (This is a document excerpt)

eSourcing and spend analysis solutions help companies identify and negotiate savings on the goods and services that they buy from suppliers. While demand for fully managed sourcing services pioneered by FreeMarkets has been shrinking, demand is strong for both hosted self-service sourcing and licensed software. As a result, the market is still crowded, with two to three dozen different offerings available if vertical and geographic eMarkets are included. To cut through the clutter, Forrester evaluated top eSourcing solution vendors across 127 criteria. The result: Emptoris and Ariba are the clear leaders in current offering, with broader SRM suite vendors like Oracle and SAP starting to close in on the second-tier vendors like Frictionless Commerce, Perfect Commerce, Procuri, SynerTrade, and Verticalnet. While lower-cost vendors like Global eProcure and Iasta lack the functionality of the top vendors, their low cost gives them an edge at the bottom. Included in this report is an interactive vendor comparison tool that provides detailed product evaluations and customizable rankings.

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