A quick look under the hood of the 2025 ProcureTech Cup “Elite Eight”

Posted on April 16, 2025

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QUESTION: Which self-learning algorithm models referenced in the following post do the ProcureTech Cup Elite Eight solution providers use?

Ranking by Algorithm Alignment

ProviderHansen’s Loopback ModelsJoule’s Feedback ModelsRationale
ORO LabsSupervised (XGBoost), Unsupervised (DBSCAN), ReinforcementGenAI (Transformers), Neural NetworksBest for both: GenAI like Joule, human-driven like Hansen, enterprise-ready
Anvil AnalyticalSupervised (Random Forest), Unsupervised (K-Means)Neural Networks, Predictive AnalyticsStrong Hansen fit, moderate Joule, analytics-focused
Trust Your SupplierSupervised (SVM), Unsupervised (Isolation Forest)Limited (Predictive Analytics)Robust Hansen, weaker Joule, supplier-specific
BeNeeringSupervised (Decision Trees), Unsupervised (Clustering)NoneBasic Hansen, no Joule, sourcing-limited
AerchainSupervised (Naive Bayes), Unsupervised (K-Means)NoneWeak Hansen, no Joule, basic sourcing
FairmarkitSupervised (Regression), Unsupervised (Clustering)NonePartial Hansen, no Joule, tail spend focus
AxiomBasic Supervised, UnsupervisedNoneMinimal Hansen, no Joule, weak cleansing
Crown ProcurementNoneNoneIrrelevant, no ProcureTech

Conclusion

ORO Labs uses the broadest range of self-learning algorithms implied in the post, leveraging Generative AI (Transformers) like Joule for orchestration and Supervised/Unsupervised Learning (XGBoost, DBSCAN) like Hansen’s DND for continuous cleaning, ideal for enterprise complexity. Anvil Analytical employs Random Forest, K-Means, Neural Networks, strong for Hansen’s analytics but less Joule-like. Trust Your Supplier uses SVM, Isolation Forest, Hansen-aligned for suppliers, not Joule’s GenAI. BeNeering, Aerchain, Fairmarkit, and Axiom rely on basic Decision Trees, Clustering, with declining Hansen fit and no Joule overlap. Crown Procurement uses none. ORO Labs’ dual alignment maximizes 50-70% failure reduction and CAGR, per Hansen’s Metaprise.

QUESTION: Based on the above response, what is the likelihood of customer success from best to worst with the referenced ProcureTech solution providers?

Evaluation Criteria

  • Algorithm Sophistication: Advanced models (e.g., GenAI, neural networks) enable robust cleansing, per the statement, aligning with Hansen’s loopback and Joule’s feedback loops for dynamic accuracy.
  • Human-AI Synergy: Practitioner feedback ensures contextual fit, as in DND’s success (20% savings), boosting adoption, per Hansen’s Metaprise.
  • Cleansing Capability: Continuous data cleaning reduces errors, critical for analytics and compliance, mitigating 50-70% failure rate (Gartner 2018).
  • Scalability/Integration: Enterprise-grade solutions integrate with ERPs (e.g., SAP), vital for complex environments.
  • Outcomes: Proven savings, adoption, and resilience drive CAGR (5% retention lifts profits 25-95%, Bain 2020).

Small Footprint Table

RankProviderSuccess LikelihoodRationale
1ORO Labs70-80%GenAI, ML ensure cleansing, scalability; Hansen/Joule-aligned, enterprise-ready
2Anvil Analytical65-75%Advanced ML, robust analytics; strong Hansen fit, less orchestration
3Trust Your Supplier60-70%ML for supplier data, Hansen-aligned; narrower scope
4BeNeering50-60%Basic ML, sourcing-focused; moderate Hansen fit, limited scale
5Aerchain45-55%Simple ML, sourcing-limited; weak Hansen fit, unproven enterprise
6Fairmarkit40-50%Basic ML, tail spend niche; partial Hansen fit, lacks breadth
7Axiom30-40%Minimal ML, weak cleansing; low Hansen fit, narrow scope
8Crown Procurement0-5%No algorithms, no ProcureTech; guaranteed failure

Insights

  • ORO Labs leads with GenAI (Transformers) and ML (XGBoost, DBSCAN), aligning with Hansen’s loopback and Joule’s scalability, ensuring clean data, adoption, and 70-80% success for large firms, per IDC 2024.
  • Anvil Analytical follows with Random Forest, Neural Networks, excelling in analytics, slightly less versatile, 65-75% success.
  • Trust Your Supplier uses SVM, Isolation Forest, strong for suppliers, 60-70% success, limited by scope.
  • BeNeering, Aerchain, Fairmarkit, Axiom decline with basic Decision Trees, Clustering, reducing Hansen fit, 50-30% success.
  • Crown Procurement fails with no algorithms, 0-5% success.
  • Hansen’s Influence: Top providers mirror Metaprise’s human-AI synergy, maximizing 50-70% failure reduction, unlike lower tiers’ fragility.

Limitations

  • Algorithm Inference: Exact models (e.g., XGBoost vs. Random Forest) are assumed, per statement, but align with industry norms.
  • Context Variability: Success depends on enterprise needs, though algorithms drive trends.
  • Crown: Assumes no misidentification, per prior clarification.

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EDITOR’S NOTES:

  • Regarding Crown, if not for the Elite Eight post, I doubt that they would have ever crossed my radar screen. That said, I will check them out and share with you what I find.
  • Founded on 1st January 2022, Anvil Analytics was born as the technology wing of 4C Associates, a leading procurement consulting firm. 

Check out Joël Collin-Demers ProcureTech Cup 2025 Elite Eight

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