NEW YORK, NY – February 26, 2026 — RapidRatings, the leading provider of financial analytics, announced today that it has been named to The Hackett Group's 2025-2026 '50 Vendors to Know' list as part of its annual assessment of the global procurement technology market. The program recognizes emerging, leading and enduring solution providers shaping the procurement technology market.
The lists are compiled by The Hackett Group's Solution Intelligence analysts, formerly the Spend Matters™ analyst team. Selection is informed by year-round market monitoring, detailed briefings, product demonstrations and direct engagement with procurement technology providers. Vendor evaluation follows a rigorous, data-driven approach based on criteria, including technology capability, solution maturity, innovation, customer adoption and overall market impact. 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.
This year's evaluation reflects a rapidly evolving procurement technology landscape, with AI-enabled capabilities now widely embedded across platforms and solution categories. As organizations seek measurable outcomes from technology investments, differentiation is increasingly driven by how effectively providers translate innovation into practical, scalable results.
“We are honored to be recognized by The Hackett Group® on its ’50 Vendors to Know’ list of procurement providers,” said Charlie Minutella, CEO at RapidRatings. “At RapidRatings, our business performance network aims to create stronger financial transparency and collaboration between enterprises and suppliers. This recognition reflects that mission, and underscores the dedication of our teams and the trust of our customers and partners. We thank them for their ongoing collaboration and support.”
"These lists often serve as a starting point for organizations evaluating procurement technology investments," said Nikhil Gaur, director of strategic projects and research analyst at The Hackett Group®. "As the market becomes more crowded and AI adoption accelerates, providers that stand out are those demonstrating both innovation and the ability to deliver real business impact."
Find the full lists and more information about The Hackett Group's procurement technology assessment program here.
ABOUT RAPIDRATINGS
RapidRatings sets the standard for financial health transparency between business partners, transforming the way leading companies manage financial risk. The company delivers the most sophisticated analysis of the financial health of both public and private companies, with over 500,000 ratings conducted across 150 countries sourced directly from private company financial statements. Through RapidRatings, businesses can build more meaningful relationships and gain visibility into the financial stability of global suppliers, vendors, and other third parties.
