ICG Commerce Selects BravoSolution

CHICAGO --(BUSINESS WIRE)--BravoSolution, the spend management company, today announced that ICG Commerce – after an extensive and highly competitive review – has selected BravoSolution’s Negotiation Manager and Collaborative Sourcing offerings to further enhance its Specialized Procurement InfrastructureTM.

“We could not be more excited that the best in the field has recognized our solution as the best in class when it comes to multifaceted sourcing.”

ICG Commerce, the leader in comprehensive procurement solutions, helps clients optimize indirect and other under resourced areas of spend. The company will embed the BravoSolution platform within its Specialized Procurement Infrastructure, which integrates deep category expertise and market intelligence and robust technology to help clients manage the end-to-end procurement process.

“As a procurement specialist that serves more than 30 leading clients, we facilitate thousands of complex sourcing initiatives each year across over 300 unique buying categories, each requiring tailored strategies,” said Chris Banschbach, Vice President Product Development of ICG Commerce. “After an exhaustive review, we selected BravoSolution’s Sourcing suite because of its comprehensive nature and functionality. The suite supports sourcing across broad spectrum of spend from Logistics to MRO to IT.”

ICG Commerce sought a best of breed partner and solicited and evaluated proposals from many solutions providers, ultimately selecting BravoSolution as the ideal match.

“ICG Commerce consistently applies and continuously evolves the most innovative and forward-thinking approaches to procurement – helping its customers capture the value in every event, every transaction and across the spectrum of spend,” said Tom Pellescki, Vice President for BravoSolution. “We could not be more excited that the best in the field has recognized our solution as the best in class when it comes to multifaceted sourcing.”

BravoSolution provides the tools and expertise procurement executives need to save money and improve profitability. BravoSolution offers innovative tools for every aspect of the global supply chain, including eSourcing, supplier relationship management and spend analysis.

About BravoSolution

Supply management executives are now, more than ever, under pressure to deliver more savings, develop and manage strategic supplier relationships, accelerate procurement cycles, and maintain process excellence. Confronted with these diverse yet consistent challenges, CPOs and sourcing professionals must seek tailored solutions that deliver rapid ROI to their business.

BravoSolution offers leading software and services to fit the needs of today’s sophisticated supply management organizations. Our services organization, one of the world’s largest teams of professionals dedicated exclusively to sourcing and procurement consulting, delivers lean, targeted services to support strategic sourcing and procurement initiatives. Our industry leading software toolkit supports the full supply management lifecycle across myriad industries, geographies and business models.

As of today, over 40,000 procurement professionals in 60 different countries are benefiting from BravoSolution’s technology and services – unlocking tangible benefits such as increased process efficiency, decision support, cost reduction, improved process governance, greater quality relationships with vendors and the ability to share, understand and act upon the wealth of sourcing-related data held within their organization.