Jaggaer, the world’s largest independent spend management company, has been recognised this week at the third annual Procurement Middle East Conference in Bahrain. The company’s Jaggaer One Spend Management Platform received the top prize in the “Most Innovative Technology”.
The company launched the technology in the Middle East two days previously. Hossam Refaat, Managing Director for Jaggaer Middle East and North Africa collected the Award from H.E. Eng. Basim Bin Yacob Al Hamer, Chairman of Bahrain Tender Board and Dr Mohamed Bahzad, Secretary General, Bahrain Tender Board.
“The Jaggaer One Spend Management Platform integrates the most innovative procurement software on the market, yet the proposition is clear and simple: All Processes, All Spend, One Platform. Our mission is to empower procurement professionals by simplifying, streamlining and automating business processes. And this clearly appealed to the judges,” commented Refaat at the ceremony.
The Middle East is a high growth region for Jaggaer. The company is reportedly working closely with the Kingdom’s digital transformation efforts as it embraces the latest generation of smart procurement systems, commonly referred to as Procurement 4.0.
The Jaggaer One platform was officially launched in the US in February 2019. Developed over the previous 15 months, the platform represents the next stage in the evolution of our company and is the most complete business-to-business spend management offering available globally. It was developed with market and customer input and is a solution that any business can rely upon and scale as it transforms its procurement operations,” commented Robert Bonavito, Jaggaer CEO.
The platform is designed to meet the requirements of multiple industries, institutions and sectors including Manufacturing, Transportation, Pharmaceutical, CPG, Retail, Education and the Public Sector. Modine Manufacturing, Hyster-Yale Group, Varian Medical Systems, Carl Zeiss, Illycaffe’ and the University of Colorado are already confirmed as users.