CTM Solution
- Company typePrivate
- Founded2012
- HeadquartersAmsterdam, Netherlands
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
CTM Solution firmographics
Firmographics- Name
- CTM Solution
- Legal name
- Mercell Group
- Website
- https://ctmsolution.nl
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
CTM Solution industry classification
Industry- Product category
- Public Procurement Software
- NAICS
- Computer Systems Design Services (541512)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Contract Administration Support (PO/Contract Compliance) (BPAAAJAE)
Keywords
Where CTM Solution is headquartered
LocationHeadquarters
- HQ city
- Amsterdam
- HQ country
- Netherlands
- HQ region
- Europe
Offices1 record
Markets served
CTM Solution business model
Business model- GTM type
- B2B
- Offering type
- Software
Revenue model
- Platform Subscription - Buyers: Public procurers pay for access to the full Mercell platform to manage tenders, contracts, and supplier relationships
- Platform Subscription - Suppliers: Suppliers pay for access to discover tender opportunities, submit bids, and gain market insights
- Tender Publishing Services: Fees associated with publishing tenders to reach the 800,000+ active supplier network
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
CTM Solution product offering
Product offeringCore offering
CTM Solution's stated focus is delivering benefits in contract management, quality improvement, process control, and broader sourcing opportunities. The associated platform is an AI-driven public procurement marketplace connecting public buyers (government, municipalities, healthcare, education, housing corporations) and suppliers across Europe, supporting the full tender lifecycle from intake and publication through bidding, contract management, and supplier relationship management.
Product overview
Mercell is an AI-powered public procurement platform that connects public buyers with suppliers across Europe. The platform consists of two core products: Mercell Source to Contract (for buyers to manage intake, procurement, contract management, and supplier management) and Mercell Bidding (for suppliers to discover tenders, gain market insights, and optimize their bid submissions). The platform serves over 800,000 users and connects public organizations with active suppliers across European markets.
Differentiator
Problem solved
Functional benefit
Products and services
- Mercell Source to Contract Platform for public buyers to manage the complete procurement process, including publishing tenders and managing contracts across intake, sourcing, contract lifecycle, and supplier management functions.
- Mercell Bidding Platform enabling suppliers to discover relevant public procurement opportunities, gain market insights, and submit bids in the European public sector market.
Quantifiable outcome
- 80% reduction in tender processing time through dynamic purchasing system
- +2 more outcomes
Companies that use CTM Solution
Customer profileNamed customers9 records
Segments2 records
Ideal customer profiles2 records
CTM Solution technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CTM Solution partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
CTM Solution competitors and assessment
Company assessmentDirect peers
- Jaggaer: Jaggaer is a global source-to-pay and procurement platform with a strong public-sector practice, directly competing with Mercell in digital tendering, supplier management, and contract lifecycle software for government and institutional buyers.
- Bonfire Interactive: Bonfire is a public-sector-focused eProcurement platform providing bid management, Sourcing, contract management, and supplier qualification for government agencies and municipalities, competing head-to-head with Mercell on the same public-sector buy-side.
- Periscope (formerly Periscope Holdings): Periscope offers a public procurement and vendor information management platform (Bid Express, Equilend) used by state DOTs and government buyers; it overlaps closely with Mercell's tender publication and supplier discovery modules in the US/North American public market.
- Proactis: Proactis provides source-to-pay and procurement solutions for mid-market and public-sector organizations, including spend management and supplier engagement, making it a comparable SaaS procurement platform for European institutional buyers and suppliers.
- BidNet (formerly The BID Group): BidNet operates bid aggregation and procurement platforms for US state/local government agencies (BidNet Direct and similar), serving the same public-sector procurer and supplier workflows as Mercell's Bidding and Source to Contract products.
Broad incumbents
- Deltek (GovWin IQ): Deltek's GovWin IQ provides government contract intelligence and procurement opportunity tracking, comparable to Mercell's Markt Inzicht and supplier discovery modules serving suppliers seeking public-sector opportunities.
- SAP Ariba: SAP Ariba is the dominant global B2B procurement and supplier network, serving many large public-sector organizations and offering public-sector procurement templates; it is a broad incumbent whose network and ERP integration compete with Mercell for large institutional buyers.
- Coupa Software: Coupa is a broad spend management platform covering procurement, invoicing, and supplier management across both public and private sectors; it overlaps with Mercell's Source to Contract capabilities as part of a much larger portfolio and competes for mid-market and enterprise buyers expanding beyond tenders.
Regional players
- TED (Tenders Electronic Daily): TED is the EU's official supplement for public procurement notices, providing a free pan-European tender publication portal that competes with Mercell's premium tender publication and pan-EU tender discovery capabilities.
- TenderNed: TenderNed is the official Dutch national e-procurement platform used by Dutch public organizations to publish and award tenders, directly competing with Mercell Source to Contract within the Netherlands and acting as a free mandated alternative.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
CTM Solution social profiles
Digital presenceCTM Solution financial estimates
Financial estimateRevenue estimate
Valuation estimate
CTM Solution leadership team
Management profileNumber of profiles
CTM Solution funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CTM Solution M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CTM Solution
What does CTM Solution do?
CTM Solution's stated focus is delivering benefits in contract management, quality improvement, process control, and broader sourcing opportunities. The associated platform is an AI-driven public procurement marketplace connecting public buyers (government, municipalities, healthcare, education, housing corporations) and suppliers across Europe, supporting the full tender lifecycle from intake and publication through bidding, contract management, and supplier relationship management.
Is CTM Solution a public or private company?
CTM Solution is a private company. It is classified as unknown and is currently operating.
When was CTM Solution founded?
CTM Solution was founded in 2012. It employs 11 to 50 people.
Where is CTM Solution based?
CTM Solution is headquartered in Amsterdam, Netherlands, in the Europe region.
How does CTM Solution make money?
Three revenue lines are on record. Platform Subscription - Buyers are the primary driver. The others are platform Subscription - Suppliers and tender Publishing Services.
Who are CTM Solution's main competitors?
Direct peers on record are Jaggaer, Bonfire Interactive, Periscope (formerly Periscope Holdings), Proactis and BidNet (formerly The BID Group). Broad incumbents are Deltek (GovWin IQ), SAP Ariba and Coupa Software. Regional players are TED (Tenders Electronic Daily) and TenderNed.
Does CTM Solution have an API?
No public API is recorded for CTM Solution.
What industry is CTM Solution in?
CTM Solution's product category is Public Procurement Software. Its primary akta.pro industry code is BPAAAJAE, Contract Administration Support (PO/Contract Compliance). Its NAICS code is 541512 and its SIC code is 7372.