Exiger Named Best-of-Breed Solution and Value Leader in Spend Matters 2025 SolutionMap
Exiger Earns Category's Highest Functional Scores in Both Supply Chain Risk Management and Third Party Risk Management
WASHINGTON, March 25, 2025 /PRNewswire/ -- Exiger, the market-leading supply chain and third-party risk AI company, is a top-ranked vendor in Spend Matters' 2025 SolutionMap and TechMatchSM procurement technology rankings, which include over 100 procurement technology vendors. Exiger was recognized as a 'Best-of-Breed Solution' and named a 'Value Leader' for the second consecutive release of Spend Matter's biannual report.
Exiger received the highest functional scores for both Third Party Risk Management and Supply Chain Risk Management, highlighting the sophistication and maturity of Exiger's platform's capabilities relative to the market. Exiger has also been recognized by Spend Matters as a 50 Providers to Know vendor.
"We applaud Spend Matters' work to conduct a data-driven, independent analysis of the different solutions in a busy market and to spotlight the technologies that deliver real and differentiated value," said Exiger CEO Brandon Daniels. "Our customers remain the driving force behind our push to innovate, to develop new capabilities and to deliver more efficiencies, and are therefore inextricable from the success of Exiger's solutions."
"Selecting procurement and finance technology is getting more and more complicated as vendors continue to innovate in different directions and the market expands into adjacent areas of finance and supply chain," said Spend Matters Founder Jason Busch. "Moreover, tech investment stakes are also higher than ever as budgets come under scrutiny and rapid savings/ROI is more important than ever."
Spend Matters' SolutionMap includes both new and established vendors, and compares technologies on two main factors: technical capability and customer ratings. SolutionMap data is acquired through the completion of an in-depth RFI to validate the true capabilities of procurement solutions. The RFI is built by a combination of the Spend Matters analyst team, customers, and consultants to ensure requirements are comprehensive and relevant to procurement tech buyers. Capability definitions, market segments, and capability weightings are determined before issuing the RFI to ensure consistent application across all reviewed vendors' solutions. Spend Matter's RFI requirements cover all elements of a technology, in-depth platform scoring and integrations, supplier experience, and front-end user and administer user experience.
About SolutionMap
SolutionMap launched in 2017 and is published twice annually. Since then, many procurement professionals have subscribed to Spend Matters Insider and TechMatchSM to gain access to deeper data cuts and vendor intelligence to drive procurement technology selection decisions. See membership comparisons and details here. The Spend Matters website and Insider technology comparison tool allow solution providers, practitioners, consultants and investors to directly compare vendor feature/function and customer scores on a case-by-case basis, allowing for the most informed technology decision making. For more information or to see an Insider demo or become a member, please reach out. Read more about the SolutionMap methodology and see our code of ethics.
About Spend Matters — Solution Intelligence for Procurement
Spend Matters started as the first blog and social media site in the procurement and supply chain sector and has since grown into the leading source for data-backed technology and solutions intelligence. Serving private and public sector organizations, consultants, private equity and services and solution providers, Spend Matters drives strategic technology purchasing decisions and superior marketing and sales, product and investment outcomes for clients. Spend Matters is the only tech-enabled, proprietary data platform with exclusive IP that serves the global procurement, finance and supply chain technology ecosystem.
About Exiger
Exiger is revolutionizing the way corporations, government agencies and banks navigate risk and compliance in their third-parties, supply chains and customers through its software and tech-enabled solutions. Exiger's mission is to make the world a safer and more transparent place to succeed. Empowering its 550 customers across the globe, including 150 in the Fortune 500 and over 55 organizations across the Defense Industrial Base and government agencies, with award-winning AI technology, Exiger leads the way in ESG, cyber, financial crime, third-party and supply chain management and recently achieved FedRAMP® Moderate Authorization. Named one of Fast Company's 2023 and 2024 'Brands That Matter' and recipient of the Third Party Risk Association's 2024 Innovator Award, Exiger's work has been recognized by 50+ AI, RegTech and Supply Chain partner awards. Learn more at Exiger.com and follow Exiger on LinkedIn.
Press contacts:
Kody Gurfein
kgurfein@exiger.com
Dina Cutrone
dcutrone@spendmatters.com
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SOURCE Exiger