Spend Matters names Circulor in the 50 Providers to Watch list for 2023
October 18, 2023 at 9:00:00 AM
Today Circulor, the leading supply chain traceability solution, announces that it has been included in the Spend Matters’ tenth annual “50 Providers to Watch” list, for the second year running.
Each year the “50 Providers to Watch” list recognizes the most influential up-and-coming companies in the procurement and supply chain market. According to Spend Matters, the listees represent the best of technology providers that serve procurement, finance, and supply chain organizations. This is the second year in a row that Circulor has been awarded this specific recognition, after being voted onto Spend Matters’ “Future 5” list in 2021, which highlights standout newcomers in procurement technology.
Speaking on why Circulor was selected for this year’s list, Bertrand Maltaverne, Senior Analyst at Spend Matters said; “Circulor tracks and traces materials starting at the mine and continues all the way to the OEM, gathering, analyzing, and reporting data to prove sustainable and responsible supply chains. It provides traceability by creating a ‘digital twin’ of products, tracking the actual flow of materials downstream as materials change state and value is added.”
“We are delighted to be included in Spend Matters' tenth annual ‘50 Providers to Watch' list once again,” said Circulor CEO Douglas Johnson-Poensgen. “This recognition underscores the innovative strength of our traceability solutions and the significant value we provide to our customers by illuminating for them the insights they need to affect real change in greater sustainability and responsibility.”
Circulor’s PROVE platform, built for companies and their supply chains, provides visibility and proof of the activity at all stages in the production process and is being used at scale by globally recognized brands. We enable customers to digitalize and track the physical flow of materials, not paperwork, from source to end product as materials change physical and chemical state by creating a digital twin of the material itself. Along this backbone, we can collect and attach a range of information to the material flow such as emissions data across scopes 1, 2, and 3, as well as compliance and ESG information from every participant.
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Circulor gives organizations full visibility of their supply chains. The London-based company offers the most mature, proven, and complete technology software solution available to track materials with high environmental and human rights impacts as they change state within manufacturing and recycling supply chains. With Circulor, businesses can follow the physical flow of critical materials from extraction to final production, as well as associated ESG characteristics and embedded carbon across Scope 1, 2, and 3 emissions. The tech company was founded in 2017 in the UK, with offices in the US, Germany, Singapore, Ireland, and Australia. The company has been named a Technology Pioneer by the World Economic Forum, Global Cleantech 100, and won DIGITALEUROPE’s 2022 Future Unicorn Award.
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