JAGGAER vs. Zip
Which works best for your business?
In order to maintain profitability and a competitive edge, companies need a formal procurement process that helps to control spend, mitigate risk, streamline compliance, and enhance supplier management. In addition, you need a solution that promotes transparency and accountability by ensuring all purchasing decisions are driven by intelligent data.
JAGGAER and Zip are two prime systems that offer advanced procure-to-pay solutions for companies worldwide.
This article will examine JAGGAER and Zip, including a brief overview, key features, ways they overlap, and how the systems complement each other or work as a standalone solution.
JAGGAER: autonomous procurement transformation
JAGGAER, formerly SciQuest, is a cloud-based procurement software platform for spend management. The all-in-one system supports procurement by giving users complete control and visibility across the entire supply chain.
Companies can manage 100% of spend with JAGGAER One, and their procurement solutions cover a wide range of activities, including:
- Sourcing
- Supplier management
- Contract management
- Spend analytics
- E-procurement
- AP automation
These solutions are used by companies across a variety of industries, including education, healthcare, government, manufacturing, and more.
JAGGAER’s e-procurement solutions were designed to help brands increase efficiency, reduce costs, and mitigate risk. By providing a greater level of visibility, users can identify areas of improvement and use the data to streamline operations. It also helps companies better manage supplier risk, ensuring they always work with reputable and reliable vendors.
Top capabilities include:
- E-procurement — Shopping and ordering features let users find items they need and make intelligent suggestions using hosted catalogs, punchouts, and internal inventory.
- Spend Analysis — Identify opportunities for savings and grow revenue with analytics that provide actionable insights across all spend.
- Supplier Management — 360-view of supplier performance with interactive dashboards that provide an overview of all supplier activities and risks.
- Contract Management — AI automatically analyzes contracts, identifies risks, and suggests alternative language and clauses during the authoring process.
In addition to software solutions, JAGGAER offers a range of professional services, including implementation, support, and training. They also have a global network of partners and suppliers, providing customers access to a broad range of goods and services.
Why companies choose JAGGAER
There are many reasons why a business clicks over to www.jaggaer.com. Some of these include:
Comprehensive procurement
JAGGAER offers a comprehensive suite of solutions that covers the entire procurement process, from source to pay. This includes sourcing, contract and supplier management, procurement, invoicing, and spend analysis.
Integration capabilities
JAGGAER integrates with a variety of enterprise systems, including ERPs (like Oracle, Netsuite, Banner), CRMs (like Salesforce), and financial tools (like SAP Ariba), to provide a seamless business process.
Scalability and support
JAGGAER’s solutions are entirely scalable and can be customized to meet the needs of any sized business, from startups to multinational corporations. They also offer a dedicated customer service team that provides efficient and timely support to clients.
JAGGAER scored 4.4 out of 5 (27 reviews) on G2.
JAGGAER scored 4.5 out of 5 (1 review) on Capterra.
Zip: modern spend controls
Zip is an intelligent intake-to-procure platform that offers an intuitive front end to your ERP and P2P systems. The SaaS solution provides a seamless user experience while guiding teams to preferred suppliers. In addition, Zip automatically routes approval workflows for every new purchase or vendor, and offers built-in workflows for existing vendors, contracts, and products.
The Zip solution streamlines complex onboarding processes and eliminates “after-the-fact” purchase requisitions. Employees are guided every step of the way. The universal tool improves spend management and focuses on the optimization of employee adoption. It requires zero training for teams to initiate and approve requests, and automatically creates purchase requests and PO numbers exactly when needed. The system also offers advanced supplier management to avoid redundancy and boost negotiations.
What are some of the top features that ZIP offers?
- Intake-to-Procure — Quickly configure the entire intake process, guiding teams and looping in critical stakeholders.
- Mitigate Business Risk — Employees purchase via authorized processes and suppliers, with contracts and renewals in one spot. Codify approvals and policies to ensure data security and automatic compliance.
- Zip Dynamic Approvals — Automate approval chains, including parallel-track approvals, with visibility of purchase requests by all stakeholders.
- Reduce Redundancy — Zip ingests and categorizes existing vendors and flags overlap, reducing redundancy and adding new vendors.
- No-Coding Required — Zip is incredibly easy to configure, offering flexible templates, without the need to write any code.
Why companies choose Zip
Zip has been recognized as a 2022 ProcureTech100 Company for its comprehensive intake-to-procure solution, ease of use, and fast time to value. Here are a few reasons why companies choose Zip:
Streamline intake-to-procure
Zip is the top intake-to-procure solution, providing a single spot for teams to initiate a purchase or vendor request. The seamless upstream experience automatically guides requesters to preferred suppliers, while running an approval workflow in the background. It sends every new purchase or vendor to the right people, at the right time.
Improve capital efficiency
Finance teams face more pressure than ever to control spend, and it’s becoming harder to access additional capital for growth. Zip shows a business how to improve capital efficiency by creating more organized spend management processes.
Receiving optimal adoption of your processes is often the best starting point for solving downstream financial issues and risks. Adoption is a common challenge for many procurement teams and is something Zip actively solves.
Fast adoption and quick deployment
A company can deploy in 8 weeks or less using Zip and its no-code configuration tools. The solution reduces administrative burden by up to 40%, allowing modern procurement teams to focus more on strategy, growth, and value-driven tasks.
The intake-to-procure system acts as a project manager and seamlessly routes purchase requests. This leads to significantly faster approval workflows across every department.
Zip creates an all-inclusive, positive end-user experience that leads to increased adoption and a higher level of employee and vendor satisfaction.
Control spend and mitigate risk
Maintain financial integrity with a centralized buying process that helps a business manage the entire vendor lifecycle and reduce rogue spend. Zip workflows can channel requests into existing vendors, contracts, or products, while automating renewals and increasing visibility. As a result, a company can easily support SOX-compliant purchasing processes, establish more robust controls, and automate vendor risk assessment.
Zip scored 4.8 out of 5 (37 reviews) on G2.
Zip scored 4.8 out of 5 (21 reviews) on Capterra.
The overlap between JAGGAER and Zip
Zip is the perfect solution for any business, from startups to midmarket and enterprise growth. JAGGAER is an all-in-one procurement platform often used by companies with fewer than 10,000 employees. The two systems work well together, and there is some overlap. You will find that both offer attentive customer support and a custom pricing model.
Zip and JAGGAER share features like:
- Spend management and analytics
- Contract management
- Purchase order creation
- Supplier management
- Inventory management
Why do enterprises integrate Zip with JAGGAER?
Although both JAGGAER and Zip are instrumental platforms on their own, there is some difference in functionality that makes companies want to use them both.
For example, while JAGGAER is an excellent platform for automating the procurement process, Zip offers an end-to-end, intake-to-procure solution that starts from the minute an employee has a request.
Here are a few reasons why JAGGAER users might want a Zip integration:
Improved spend management
Zip provides real-time spend data companies can use to make more informed purchasing decisions. Integrating this solution with JAGGAER’s analytics capabilities can give brands deeper insight into procurement operations.
Adoption-friendly licensing
Zip licenses its software so that anyone in an organization can have access, with zero training required. Additionally, companies may use Zip to get around purchasing more JAGGAER licenses.
One-time (or infrequent) users can initiate requests via Zip, allowing procurement teams to still work in JAGGAER while ensuring employee adoption. The system provides unique features for a business to maximize adoption and reduce TCO.
Increased compliance
Zip includes automated compliance checks to ensure all business purchases align with company policies and regulations. Integrating this with JAGGAER’s contract and supplier management modules provides greater security controls and reduces the risk of non-compliance.
Enhanced user experience
Zip provides an intuitive, user-friendly interface that makes it simple for employees to request purchases and for managers to approve them. Integrating this with JAGGAER’s procurement tools can further enhance the user experience and increase adoption.
No-code customization
Customization in Zip is easy and doesn’t require any deep database or UI expertise. The system offers a no-code configuration-based connection to JAGGAER. Purchase requests and POs are automatically generated, without the need to manually re-key required fields into JAGGAER. Changes to approval workflows can also be as simple as a drag-and-drop update.
Zip offers customization that accelerates time to value and saves on the expense of professional services.
How fast-growing business use Zip intake-to-procure to augment traditional spend management
Traditional spend management is only slowing organizations down. Paper trails are a thing of the past, and less is more in today’s procurement ecosystem.
In the old methods of spend management, manual approvals may require five or more signatures before a PO is even issued. This doesn’t work for modern employees who may need to make purchases at the drop of a hat. They cannot wait for red tape, which can cause dissatisfaction, slow productivity, and even affect retention rates.
The more manual processes you have in procurement, the less visibility there is, which leaves workflows more prone to error and risk. Zip helps a business replace traditional BSM tools in many ways.
The user-friendly platform is everything an employee needs to quickly initiate a purchase and have it automatically routed for approval in minutes. The system smoothly guides requesters through preferred vendors and gives stakeholders clear visibility across all purchasing processes.
How successful is the Zip solution? Just ask the team at Lattice, who needed a solid system to scale their legal function. Robert Scott, VP of Legal at Lattice, remarked:
“With legacy systems, the stakeholder doesn’t know what's going on behind the scenes, so it seems like the procurement request has gone into a legal black hole (or an IT black hole), and the only thing they can do is to ask on Slack or email for a status update, which drives all those decision makers crazy.”
By onboarding Zip, Lattice was able to build a robust, stable scaling system that served all their needs. From the beginning of the data collection process through completion, the entire process is streamlined.
Zip Intake-to-Procure can help your business manage the entire intake-to-procure process, increase visibility, and gain control over spend. Ready for a free demo? Click here to speak with an expert today.