2021 Year in Review
Growth in 2021
(23 from acquisition)
Clients Served in 2021
Projects Completed in 2021
The Leaders in Direct & Indirect Category Excellence
Strategic Sourcing continues to be the core competency of Insight Sourcing Group. In 2021, our team executed 637 strategic sourcing projects across hundreds of unique categories and achieved over $1.5 billion in total contracted client savings.
Here are the top 5 category areas we sourced for clients over the past year.
Top 5 Category Areas Sourced in 2021
2021 Awards & Accolades
14th Consecutive Year
Inc. 5000 List of Fastest-Growing Private Companies
6th Consecutive Year
Forbes list of America’s Best
Management Consulting Firms
14th Consecutive Year
Best Places to Work in Atlanta
(Large Employers)
Insight Sourcing Group Adds SVP to Lead Supplier Diversity Practice
In February, Rod Robinson joined the firm as a senior vice president responsible for enhancing the firm’s capabilities around supplier diversity, one of the highest priority topics in the procurement space. Rod has over 25 years of experience in procurement, sourcing and supplier diversity.
SpendHQ, the market-leading spend analytics platform developed by Insight Sourcing Group, continued its rapid pace of growth in 2021 and had a historic year with two huge developments.
$1.2T
Spend Data Analyzed in 2021
20%
ARR Increase in 2021
1,291
New Users Created in 2021
Spin Out from Insight Sourcing Group
SpendHQ became an independent company in July 2021. In conjunction with the spin off, it also received $10 million in funding provided primarily by the former parent company and its executives and affiliates. Insight Sourcing Group Holdings will remain the majority owner.
SpendHQ Hires New CEO to Lead Next Phase of Growth
SpendHQ also welcomed its new CEO, Scott Macfee, in July 2021 to lead the organization through its next stage of growth. Macfee will replace SpendHQ founder Tom Beaty, who will remain active with the spend intelligence company as a board member and a contributor to SpendHQ’s product innovation.
Insight Energy delivers customized energy and sustainability solutions that reduce costs, manage risk and improve competitive position
Energy Division Adds VP of Sustainability
Energy industry veteran Brandon Owens joins Insight Sourcing Group’s Energy consulting division to help clients develop and implement enterprise sustainability programs in pursuit of decarbonization. Formerly with General Electric, Brandon has nearly 30 years of energy industry expertise with a strong focus on clean energy technologies.
Energy Division Makes Strategic Acquisition
In late December, Insight Energy finalized a strategic acquisition that expands its energy procurement and risk management services in addition to its existing capabilities around energy efficiency, renewable advisory, and sustainability services. The formal announcement on the acquisition is forthcoming and will be issued later in the week.
$7.4B
Client Energy Spend
Under Management
124
Energy Conservation
Projects
158.6M
Lbs. of CO2
Emissions Reduced
Insight Sourcing Group is proud to sponsor the Witness to War Foundation, a non-profit 501(c)(3) dedicated to preserving the stories of individual combat veterans. The Foundation focuses on the ‘foxhole’ or ‘windshield’ view of combat as seen by the soldiers, sailors, and airmen who experienced it. It is about the fear, the emotions, the training, and the previously untapped wells of personal courage that enabled ordinary individuals to survive, and in some cases thrive, under extraordinary pressures and almost unimaginable danger.
3,000th Veteran Interview
Witness to War recently hit a huge milestone: after many years of effort, it recorded it’s 3,000th veteran interview. The interview was with Tony Kimbrough, CEO of the Veterans Empowerment Organization (VEO) who spent eight years as a military intelligence officer and served in Afghanistan with the U.S. Army’s 82nd Airborne Division. Watch the full interview with Tony below.
