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RESEARCH TRIANGLE PARK, N.C., July 24, 2018 (GLOBE NEWSWIRE) -- JAGGAER, the world’s largest independent spend management company, today announced the best first half year in the company’s history for global revenue, new customer orders, and expansion of existing business. JAGGAER wrapped Q2 2018 with bookings that were up over 30% for the first half of 2018 compared to the first half of 2017.
JAGGAER added over 80 new customers in the US, EMEA and APAC, representing manufacturing, retail, education, materials handling, distribution, education, life sciences, consumer packaged goods, public sector, electronics and business services. This reflects JAGGAER’s focus on providing specific solutions to vertical industries. New customers include Bystronic, Surface Oncology, Western and Southern Financial Group, McMaster University, Pernod Ricard Espana, Weinberger Clay Building Materials Europe, and many others. JAGGAER now serves nearly 2000 customers globally.
Many of these companies took advantage of JAGGAER’s Source to Pay solution suite encompassing JAGGAER’s Advanced Sourcing, Contract Management , Spend Analytics, and Supplier Management Solutions.
“We are aggressively expanding our market presence as a unified global company. Just six months into doubling in size and scope, JAGGAER is already showing unprecedented success and demand for our solutions. Our global economy is at an inflection point, where understanding and controlling supply chains through advanced analytics is at the highest premium ever, and the implications of every decision are now magnified exponentially,” says Robert Bonavito, CEO, JAGGAER.
About JAGGAER: Global Source to Pay Spend Management Solutions
JAGGAER is the world’s largest independent spend management company, with nearly 2000 customers connected to a network of 3.7 million suppliers in 70 countries, served by offices located in North America, Latin America, throughout Europe, the United Kingdom, Australia, Asia, and the Middle East. JAGGAER offers complete SaaS-based Source to Pay eProcurement solutions with advanced Spend Analytics, Sourcing, Supplier Management, Contract Lifecycle Management, Savings Tracking, and intelligent workflow capabilities. JAGGAER has pioneered spend solutions for over two decades and continues to lead the innovation curve by listening to customers and analyzing the market. Our solution suites are trusted by the world’s largest manufacturing, education, health care, retail, consumer package goods, logistics, construction, utilities companies and public service organizations. Additionally, JAGGAER holds 38 patents–more than any other spend management company. www.JAGGAER.com