Quantexa Achieves CIPS Procurement Excellence Standard Award

Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeGlobeNewswireThis section is The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Quantexa Achieves CIPS Procurement Excellence Standard AwardAuthor of the article:Recognition from the Chartered Institute of Procurement & Supply confirms Quantexa’s procurement function meets internationally respected standards for governance, strategy and performanceTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountLONDON, Sept. 15, 2026 (GLOBE NEWSWIRE) — Quantexa, a global data, analytics, and AI software company pioneering Decision Intelligence, today announced it has achieved the Chartered Institute of Procurement & Supply (CIPS) Procurement Excellence Standard Award, an internationally recognized benchmark for procurement and supply-chain functions.The award follows a rigorous, months-long assessment conducted through the CIPS Procurement Excellence Programme (PEP), in which an independent CIPS reviewer and third-party verifier examined Quantexa’s procurement policies, processes and systems against five criteria: leadership and organization, strategy and policy, people, processes and systems, and performance management. The CIPS Awarding Body confirmed that Quantexa met the standard required across all five areas, with the certification valid for two years.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againCIPS is the world’s largest professional body for procurement and supply, representing more than 200,000 professionals across 150 countries. More than 300 organizations globally have participated in the Procurement Excellence Programme, which independently measures procurement functions against world-class standards of governance, compliance and value delivery.For Quantexa, the achievement marks a significant milestone for a procurement function built to keep pace with the company’s growth. As Quantexa has scaled its Decision Intelligence Platform across financial services, government and insurance customers worldwide, the procurement team has developed the policies and controls needed to manage a complex, global supplier base responsibly and efficiently.“Achieving the CIPS Procurement Excellence Standard Award is a reflection of the rigor, discipline and ethical standards our procurement team has built into how we work with suppliers globally. This recognition validates that our function is helping to drive Quantexa’s growth responsibly.”— Ray O’Brien, Chief Operations Officer, Quantexa“Congratulations to Monica Marria and the Quantexa procurement team on achieving the CIPS Procurement Excellence Standard Award. This is not an easy standard to reach, it requires organizations to demonstrate robust governance and a genuine commitment to ethical, effective procurement from the ground up. Quantexa should be proud of what they’ve built.” — Liz Wade, Procurement Excellence Programme Lead, CIPSThis is excellent external recognition of the significant effort invested across the business to achieve the CIPS Procurement Excellence Standard Award and further reinforces the value and impact of the programme. – Peter Richardson, Business Development Manager, CIPS for Business, About QuantexaQuantexa is a global data, analytics, and AI software company pioneering Decision Intelligence to help organizations make confident decisions with contextual data. Using the latest advancements in AI, our Decision Intelligence Platform transforms siloed data into connected, contextual insights to empower the shift from a data-driven to a decision-centric organization. Our customers use Quantexa technology to protect, optimize, and grow by solving complex challenges across the entire organization through modern data management, customer intelligence, KYC, financial and economic crime, risk, fraud, and security. The company has been named as a Decision Intelligence category and innovation leader by all of the major industry analyst firms. Founded in 2016, Quantexa has over 850 employees and tens of thousands of users globally, working with billions of data points across the world. For more information, visit www.quantexa.com or follow us on LinkedIn.This advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.About CIPSThe Chartered Institute of Procurement & Supply (CIPS) is the world’s largest professional body for procurement and supply, representing more than 200,000 professionals in over 150 countries. CIPS’s Procurement Excellence Programme is an independent, comprehensive assessment that measures an organization’s procurement function against world-class standards, spanning the Standard, Silver, Gold and Platinum award levels. For more information, visit www.cips.org.Media InquiriesMichael Lane, Quantexa michaellane@quantexa.comBen Davies, SourceCode Communications Ben.davies@sourcecodecomms.comNotice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.