Quantexa Achieves CIPS Procurement Excellence Standard Award

LONDON, Sept. 15, 2026 /CourierPR/ -- Quantexa, a global data, analytics, and AI software company, has achieved a significant milestone by earning the Chartered Institute of Procurement & Supply (CIPS) Procurement Excellence Standard Award. This recognition, awarded through the CIPS Procurement Excellence Programme, highlights the robustness and effectiveness of Quantexa's procurement function.

The rigorous assessment, spanning several months, evaluated Quantexa's procurement policies, processes, and systems against five key criteria: leadership and organization, strategy and policy, people, processes and systems, and performance management. The independent review confirmed that Quantexa met the required standards across all areas, with the certification valid for two years.

According to the CIPS, the award is a testament to the company's commitment to ethical, effective procurement practices. Ray O'Brien, Chief Operations Officer at Quantexa, stated, "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."

The award is particularly significant for Quantexa, as the company has scaled its Decision Intelligence Platform across financial services, government, and insurance customers worldwide. The procurement team has developed comprehensive policies and controls to manage a complex, global supplier base efficiently and responsibly. Liz Wade, Procurement Excellence Programme Lead at CIPS, praised Quantexa, saying, "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, founded in 2016, has over 850 employees and tens of thousands of users globally, working with billions of data points across the world. The company is a leader in the Decision Intelligence category and innovation, as recognized by major industry analyst firms.