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JAGGAER Recognized as a Leader in the 2021 Gartner® Magic Quadrant™ for Procure-to-Pay Suites for the Fourth Straight Year

RESEARCH TRIANGLE, N.C., Oct. 28, 2021 (GLOBE NEWSWIRE) — JAGGAER today announced that Gartner has positioned it as a Leader in the 2021 Magic Quadrant for Procure–to–Pay Suites (P2P), evaluated based on both Completeness of Vision and Ability to Execute.

JAGGAER continues to show growth after a strong showing in the 2021 Gartner Magic Quadrant for Contract Lifecycle Management, as well as being named a 2021 Customers' Choice for P2P suites.

"We're always thrilled to be recognized in these reports, not because we want to pat ourselves on the back, but because it means we're achieving our ultimate goal of customer success," Jim Bureau, CEO of JAGGAER said.

"After the challenges everyone faced in 2020, we went back to the drawing board, got back to basics and really homed in on ensuring that everything we do is through the lens of helping our customers solve their biggest challenges.

"From our revamped vertical strategy, massive investments in our user experience, innovative capabilities and long–term roadmap, as well as our continued efforts in the areas of sustainability, diversity and inclusivity, we're confident that we will continue to stand out as a market leader.

"The vendor space has become a "sea of sameness', everyone looks the same and says the same things. There hasn't been much upward movement. We want to disrupt that, bringing the customer to the forefront and help procurement be a profession driven by purpose," Bureau concluded.

You can get your complimentary copy of the report here.

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Gartner, Magic Quadrant for Procure–to–Pay Suites, Kaitlynn Sommers, William McNeill, Micky Keck, Patrick Connaughton, 25 October 2021

Gartner, Magic Quadrant for Contract Life Cycle Management, Kaitlynn Sommers, Jim Murphy, Patrick Connaughton, Marko Sillanpaa, 10 May 2021

Gartner Peer Insights "Voice of the Customer': Procure–to–Pay Suites, 19 March 2021

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally 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, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner Peer Insights Customers' Choice constitute the subjective opinions of individual end–user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.

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About JAGGAER: Procurement Simplified

We drive customer value for buyers and sellers through our global connected network served by offices located in the Americas, APAC, Asia and EMEA. JAGGAER develops and provides comprehensive source–to–settle SaaS–based solutions, including advanced Spend Analytics, Category Management, Supplier Management, Sourcing, Contracts, eProcurement, Invoicing, Supply Chain Management and Inventory Management. These all reside on a single platform, JAGGAER ONE. JAGGAER has pioneered spend management solutions for more than 25 years and continues to lead the innovation curve by listening to customers and stakeholders in all industry sectors, public services and academia. For more information, visit www.jaggaer.com

MEDIA CONTACT JAGGAER:
Abigail Holmes
Corporate Ink for JAGGAER
jaggaer@corporateink.com
+1 617.969.9192


GLOBENEWSWIRE (Distribution ID 8382184)

Gap Between Intent and Implementation in Workplace Safety Processes Persists, Sphera’s 2021 Safety Report Finds

CHICAGO, Oct. 28, 2021 (GLOBE NEWSWIRE) — While most companies have embraced safety as part of their corporate culture, there are still hurdles to overcome to improve their process safety and personal safety performance, Sphera's new Safety Report reveals.

Sphera , a leading global provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services, surveyed nearly 350 risk, process safety and health and safety professionals. Results show that while 75% of the respondents said that safety is part of their organization's corporate culture, only 40% said they have a well–defined safety performance roadmap in place.

Safety is the foundation of any strong organization and a key component of ESG. According to Sphera's Safety Report, creating a safety culture is just as important as being compliant, which has impacted the prioritization of performance safety drivers. Respondents indicated that the top three key safety performance drivers are reducing operational and major accident hazard (MAH) risk exposure (60%), regulatory compliance (48%), and corporate and board priority (37%).

Employer awareness of the safety hazards facing their workforce has been heightened during the pandemic. Over a quarter (27%) of respondents indicated that the adoption of centralized Health and Safety processes is lagging.

For five years, Sphera produced the highly anticipated Process Safety Management/Operational Risk Management (PSM/ORM) report exploring industry trends in process safety and operational risk management. However, with the 2021 report Sphera has expanded the overall safety landscape to include health and safety as well. While the occupational safety and health sector has especially felt pressure, companies across all sectors have had to make constant structural adjustments to keep workers safe.

"The pandemic has highlighted just how quickly safety and risk management processes can be thrown off balance. Safety in all its aspects makes for a resilient and sustainable business model, especially in an era when ESG goals are of the utmost importance," said Sphera CEO and President Paul Marushka. "An effective safety culture and efficient safety process helps ensure a healthy workforce and enhanced business performance. However, we are still seeing a gap in how companies link safety and business performance, which highlights a need for a more holistic approach through data, software and expertise."

Additional insights:
This year's survey shows 51% of respondents pointing to limited resources, 43% to conflicting priorities and 31% to limited budgets as the main obstacles to delivering planned safety–critical maintenance and inspections, which has remained consistent. These leading indicators of the underlying problems preventing organizations from achieving improved safety performance and fewer incidents tie back to the gap between safety intent and safety implementation.

The Sphera Safety Report shows that there is still work to be done implementing risk monitoring practices that address the full spectrum of risks across organizational silos. Additionally, a little over half (56%) of respondents indicated that they still track critical safeguards/barriers manually, such as loss of containment and structural integrity, and a mere 19% said that these safeguards are monitored in real time. This further highlights the stronger ties between process and worker safety that emerged during the pandemic and the need for organizations to have a holistic view of safety and risk management.

About the Safety Survey
Sphera surveyed 349 risk, process safety, and health and safety professionals from a cross–section of global industries from across the world evaluating their safety standards for the 2021 Safety Report. Respondents came from several global industries, such as Manufacturing, Oil and Gas, Chemicals/Petrochemicals, Energy, Construction, Professional Services and Government.

About Sphera
Sphera is the leading provider of Environmental, Social and Governance (ESG) performance and risk management software, data and consulting services focusing on Environment, Health, Safety & Sustainability (EHS&S), Operational Risk Management and Product Stewardship. Learn more about Sphera at www.sphera.com. Follow Sphera on LinkedIn.

For media inquiries or to request a copy of the report, please contact:
Denise Jones, Marketing Communications Manager, Sphera, djones@sphera.com


GLOBENEWSWIRE (Distribution ID 8382107)