Creactives Group SpA: Creactives has been named as one of the "2023 ProcureTech100" and "Spend Matters – 50 to Watch" providers

Verona (pta009/23.11.2023/07:52 UTC+1)

Verona, November 23, 2023. Creactives Group S.p.A. ("Creactives Group" or the "Company") (ISIN IT0005408593 - ticker: CREG), an international company and Innovative SME, listed on Euronext Growth Milan – Professional Segment ("Euronext Growth Milan Pro") and on the Direct Market of the Vienna Stock Exchange, that develops Artificial Intelligence technologies to address real-life business problems in the Supply Chain, announces that Creactives S.p.A., the fully owned operating company, has been confirmed again in the two most important maps of Procurement Technology solution providers.

Created by ProcureTech, in association with Kearney, "2023 ProcureTech100" is the definitive 100 pioneering digital procurement solutions on the planet.
A panel of over 70 procurement leaders, technology experts, and B2B investors helped choose Creactives S.p.A. from over 4.000 digital procurement solutions, recognising Creactives as one of the dynamic, future-focused solutions that is supercharging procurement and the enterprise.

Spend Matters is the leading solution intelligence source for procurement and supply chain professionals, and is trusted by CPOs, consultants, and investors alike.

Each year, the "50 Providers to Watch" list recognizes fast-rising companies in the procurement and supply chain market – and this is their tenth annual release. These represent the up-and-comers: solution providers who continue to grow and develop innovative products, propelling the market forward.

"Creactives solves the multi-lingual data harmonization problem across global ERPs where every ERP is in a different language and encodes the product/service/entity using a different format/encoding specific to that language and locale, and it does it very quickly for large data sets. Similarly, it supports simultaneous taxonomies in global spend analytics." Abigail Ommen, Spend Matters – Research Analyst & Analyst Production Manager

In addition to these prestigious awards that recognise the uniqueness of Creactives' Technology, is our constant market growth and aptitude for developing innovative products, which supports the concept of Data Foundation as the pivot for any digital transformation which remains at the heart of the famous 'Spider Map' drawn up by Kearney's partner and Procurement Futurist - Dr Elouise Epstein, confirming once again, that Creactives is the only provider that guarantees Material Master Data governance to maintain excellent data quality on a permanent basis.

"The traditional single technology provider model failed to deliver the promised benefits. In turn, a vast explosion of innovative startups appeared on the scene. It became quickly apparent that we needed a way to organize the chaos, hence the need for a platform approach. Good data will be the critical ingredient to bind the next-gen procurement platform together." Dr. Elouise Epstein – Kearney

This press release is available in the Investor Relations section at www.creactivesgroup.com.

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Emitter:	Creactives Group SpA Piazzale Luigi Cadorna 6 37126 Verona Italy
Contact Person:	Massimo Grosso
E-Mail:	investor.relations@creactivesgroup.com
Website:	www.creactivesgroup.com
ISIN(s):	IT0005408593 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Vienna MTF)