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Spend Matters Technology Review of EcoVadis

March 4, 2019

Led by senior analyst and futurist Michael Lamoureux, the Spend Matters analyst team has completed this Vendor Technology Review of EcoVadis. Normally available only to Spend Matters PRO subscribers, EcoVadis has partnered with them to make this technology review available here for free for a limited time.

This tech review dives into EcoVadis’ company background, the solution offering and some recommendations on how the firm is best used to maximize value.

About Spend Matters:

Spend Matters is a leading online source of procurement intelligence and best practice. Their practice spans a family of websites, including Spend Matters UK/Europe, and their subscription services, with in depth coverage on focus solution areas including eProcurement, P2P, leveraged buying/leveraged contracts, supplier enablement, supplier networks, supplier information management, supplier and supply chain risk, services procurement, managed services providers (MSPs), supply chain management, and more.

“Of course we sprinkle in a healthy dose of general opinion and broader editorial pertaining to bigger picture procurement, supply chain, trade and economic issues – aimed at everyone from junior analysts to the most seasoned CPOs, COOs and CFOs.

  • Our collective sites are the largest and most influential in the procurement sector – and together, have the largest and broadest range of practitioners and advisors reading them than any other analyst, blog, media or subscription service
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Spend Matters

The tech review includes key facts, company background, solution review, shortlist criteria, SWOT, competitive analysis, user requirements checklist and more. Here’s an extract:

“EcoVadis is more than just a sustainability technology platform. It’s a sustainability service that focuses on outcomes and also takes ownership of the service levels to successfully perform this cloud-based business service. We could call the service “CSR in a box,” which is perhaps too simplistic. But EcoVadis really does execute CSR in an impressively industrialized manner. There’s also a “softer” and more strategic benefit in terms of knowledge transfer. In addition to more than 150 CSR experts that can do detailed supplier assessments, it also has 50 personnel dedicated to supplier engagement (to make sure that key suppliers get engaged, provide the necessary information, get assessed and get into the network). More than 40 personnel are dedicated just to program management to make your “sustainability as a service” initiative a success all over the world (as EcoVadis has support centres around the globe).

“Companies considering EcoVadis don’t have a lot of choices if they are looking for an equivalent solution that has deep/broad CSR content, expertise, supplier network and benchmarking served up in a hosted solution and turnkey program.”

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