WESTPORT, CT., October 8, 2024 –LogicSource, the leading provider of procurement services and technology, announced today it has been recognized for the fourth time by supply chain analyst firm Spend Matters in its annual “50 Providers to Watch” list. This prestigious list honors supply chain trailblazers that bring innovative, adaptable solutions to address today’s most pressing procurement challenges.
LogicSource has been recognized for its OneMarket® platform, a technology suite that automates and enables the entire source-to-pay lifecycle. Built for Procurement practitioners by Procurement practitioners, OneMarket is empowered with pre-built RFx tools, market intelligence, price benchmarks, and enabled by expert resources to manage implementation and ongoing data hygiene. The combination of these capabilities into a single solution provides procurement teams with a comprehensive approach to achieve better outcomes, faster.
Recent enhancements to the OneMarket® platform include tier-two diversity capabilities through its SupplierIO partnership, enhanced analytics, and custom dashboards for actionable insights. The platform’s advanced search tools and comprehensive data cleansing services enable informed decision-making, guiding supply chain teams with accurate, benchmarked data. Other platform enhancements include Portfolio solution tools, allowing clients to effectively capture savings, navigate procurement pain points, and maintain clear visibility into their progress.
“The way companies approach procurement is changing daily, and decisions need to keep pace with that evolution,” said Mark Flowers, Partner of OneMarket Technology at LogicSource. “Access to accurate, real-time data—both internal and external, across industries and geographies—is critical for success in today’s procurement landscape. At OneMarket, we’re developing the technology that empowers businesses to make informed decisions quickly and stay ahead in this fast-moving environment.”
LogicSource’s leadership in procurement innovation and supplier diversity has earned widespread industry recognition, including accolades from the Inc. 5000, Financial Times, IDC, and Everest Group. As procurement becomes an increasingly strategic function for organizations, LogicSource continues to drive industry standards, helping clients to adapt to and thrive in today’s dynamic marketplace.
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors, and solution providers alike as their procurement technology intelligence partner.