Enable Included on the 2023 ProcureTech100, a List of “Pioneering Digital Procurement Solutions”
We're thrilled to announce that Enable has secured a place on the 2023 ProcureTech100 for the third consecutive year! ProcureTech100 recognizes and celebrates the top 100 groundbreaking digital procurement technology, data, and analytics solutions that are driving innovation in procurement and across enterprises.
It's an honor to be recognized among these trailblazers who lead the way in inspiring and driving digital transformation. Renowned for their customer-centric ethos, innovation, swift growth and notable social contributions, these pioneers showcase both agility and scalability. Their success is underpinned by dedicated teams committed to making a substantial and enduring impact.
The ProcureTech100 selection process involved analyzing over 5,000 quantitative and qualitative data sets, considering factors such as growth, security, customer satisfaction, financial performance and employee data. Through a rigorous statistical analysis of more than 50 key points, a shortlist of approximately 200 digital solutions was generated. This shortlist underwent thorough review by a panel of 70 experts across 14 categories.
Enable's inclusion in the 2023 ProcureTech100 follows a momentous year for the company. We recently announced a significant milestone with our $120M Series D Raise at an impressive $1.12B valuation. This funding injection is poised to expedite the expansion of our rebate management platform and facilitate the onboarding of new team members to support our global growth trajectory.
Adding to our achievements, the market has provided further validation. Gartner, in their Market Guide for B2B Profit Optimization Software, highlighted Enable as one to watch, emphasizing the shift towards utilizing rebates instead of discounts. Concurrently, G2 introduced a new Rebate Management category, solidifying our standing in the industry.
These recent funding accomplishments and industry recognitions underscore the pivotal role rebate management plays in companies across the supply chain. It emphasizes the realization that effective rebate management, despite its historical oversight, is now recognized as a critical component for business success.