The Hackett Group® Reveals the ‘50 to Know,’ ‘50 to Watch,’ ‘Future 5’ and ‘Hall of Fame’ Procurement Provider Lists for 2025-2026

First release under The Hackett Group^®, following Spend Matters™ acquisition, identifies 117 procurement solution providers

MIAMI--(BUSINESS WIRE)--The Hackett Group, Inc. (NASDAQ: HCKT), a leading Gen AI consultancy and enterprise digital transformation firm, today released its 2025-2026 procurement provider lists, identifying emerging, leading and enduring solutions shaping the technology market.

For over a decade, Spend Matters™ analysts who are now part of The Hackett Group^® have compiled these lists through rigorous evaluation of procurement technology providers informed by product demonstrations and data-driven analysis of market presence, technology competency, innovation and solution delivery across the procurement lifecycle.

For the 2025-2026 lists, The Hackett Group^® evaluated approximately 220 procurement technology vendors globally. Eligibility for inclusion was based on participation in product demonstrations, enabling a consistent and objective assessment across all vendors evaluated.

“Source-to-pay providers continue to populate our lists, but the 2025-2026 iteration features many new entrants from the intake and orchestration market, as well as providers leveraging AI in creative ways,” said Nikhil Gaur, director of strategic projects and research analyst at The Hackett Group^®. “These lists often serve as a starting point for organizations considering procurement software investments, and we believe that the providers listed reflect the market and deliver value to customers in areas across the procurement lifecycle.”

50 to Watch

The 50 to Watch recognizes relative newcomers pushing procurement technology forward with innovative solutions. This year, 11 vendors were added to the list, either through the acquisition of existing honorees or as new entrants. View the full list here.

50 to Know

The 50 to Know highlights established procurement providers that set the industry standard – firms every chief procurement officer should know. Four vendors moved from the “Watch” list this year, while three entered the “To Know” list directly bypassing Watch altogether. View the full list here.

Hall of Fame

The Hall of Fame honors procurement providers that have demonstrated sustained market leadership and influence for 10 or more years – companies that have become synonymous with procurement technology itself. View the full list here.

Future 5

The Future 5 highlights procurement technology startups identified through year-round market monitoring. To qualify, startups must be less than five years old, have at least five customers, demonstrate innovative technology application, show clear momentum and sustainability, and have less than $10 million in revenue.

This year’s Future 5:

• Flowie
• Pavus
• Tamarin AI
• Vallor
• Zapro

Learn more about the selection methodology here.

Webinar

The Hackett Group^® will host a free webinar on Wednesday, April 15, 2026, explaining the selection methodology and analysis behind this year’s lists. Register here.

Providers interested in being considered for next year’s lists should contact The Hackett Group^® to initiate the evaluation process.

About The Hackett Group^®

The Hackett Group, Inc. (NASDAQ: HCKT) is a Gen AI strategic consulting and digital transformation firm that enables Digital World Class^® performance. Using Hackett AI XPLR™, ZBrain™, XT™, AIXelerator™, AskHackett™ and Quantum Leap^® platforms, the company’s experienced professionals and engineers help organizations realize the power of Gen AI from ideation through implementation to achieve quantifiable, breakthrough results with unprecedented speed, allowing it to be key architects of their Gen AI journey. The company’s expertise is grounded in unparalleled best practices insights from enterprise performance benchmarks from the world’s leading businesses – including 97% of the Dow Jones Industrials, 90% of the Fortune 100, 70% of the DAX 40 and 51% of the FTSE 100. Visit us at www.thehackettgroup.com.

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The Hackett Group^®, quadrant logo, Digital World Class^® and Quantum Leap^® are the registered marks of The Hackett Group^®.

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