BravoSolution

BravoSolution was a global provider of strategic procurement and supply management software and services. Founded in 2000 as an initiative of Italcementi, the company established itself as a key player in digital platforms for public and private tenders and redefining corporate procurement processes. Its headquarters were in Chicago, Illinois.

In November 2017, JAGGAER, an independent spend management technology company, announced its plan to acquire BravoSolution from the investment company Italmobiliare. The acquisition was finalized in December 2017, creating the largest independent, vertically focused spend management solutions company in the world. At the time of the acquisition, BravoSolution had over 650 employees and served more than 650 companies across 70 countries. The merger expanded JAGGAER's customer base to over 1,850, connected to a network of 3.7 million suppliers.

The company's core offering was a technology platform that provided solutions for spend analysis, sourcing optimization, supplier value management, and contract lifecycle management. This suite of tools was designed to help procurement professionals drive financial performance, manage risk, and foster innovation. BravoSolution catered to a wide range of industries, including manufacturing, education, healthcare, retail, and the public sector. The business model was centered on delivering these software solutions and expert practitioner experience to large and medium-sized organizations.

The LinkedIn profile provided for Tejari Solution FZ LLC points to a related part of this corporate history. JAGGAER had entered into a joint venture with the UAE-based Tejari. By September 2022, JAGGAER retired the Tejari brand name to unify its identity globally, strengthening its growth strategy in the Middle East. Following the acquisitions, BravoSolution's and Tejari's operations and product suites were integrated into JAGGAER's comprehensive source-to-pay platform, now known as JAGGAER One.

Keywords: strategic procurement, spend management, source-to-pay, supply chain, eProcurement, spend analytics, sourcing, contract management, supplier management, tender management