PUBLISHER: IDC | PRODUCT CODE: 1613778
PUBLISHER: IDC | PRODUCT CODE: 1613778
This IDC Market Note discusses Zip Forward 2024, held in San Francisco, that showcased Zip's advancements in procurement technology, emphasizing sustainable success and user-centric design. Key announcements included new features like Preferred Supplier and Cross Catalog Purchasing, AI Invoice Coding, and Budget Integration with Workday Adaptive Planning. The event highlighted Zip's holistic approach, AI-driven insights, and agility in procurement orchestration. With over 450 implementations and a recent $190 million Series D funding, Zip is positioned as a leader in the spend orchestration space. The conference underscored the importance of cross-functional collaboration and the growing expectation for intuitive procurement solutions, reflecting Zip's commitment to continuous innovation and strategic agility."Zip Forward 2024: With over 450 implementations and groundbreaking AI-driven innovations, Zip is redefining procurement. The company's holistic approach and strategic agility are setting new standards in the spend orchestration space," says Patrick Reymann, research director, Procurement and Enterprise Applications, IDC.