Leader in Direct Procurement Risk Management Joins the Ranks of Waymo, Nvidia, Duolingo, and More
Austin, TX (March 18, 2025) — SourceDay is proud to be named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2025. This year’s list highlights businesses shaping industries and culture through groundbreaking innovations, setting new standards across the global economy. Alongside the World’s 50 Most Innovative Companies, Fast Company recognizes 609 organizations across 58 sectors and regions.
SourceDay CEO Michael Miller on the Recognition
“Being recognized on Fast Company’s Annual List of the World’s Most Innovative Companies of 2025 is an incredible honor and a testament to the hard work and ingenuity of our team,” said Michael Miller, CEO of SourceDay. “Our mission has always been to transform supply chain collaboration by making procurement smarter, faster, and more resilient. This recognition underscores our commitment to driving innovation that delivers real impact for manufacturers and distributors worldwide.”
Transforming Procurement for Manufacturers and Distributors
SourceDay continues to achieve groundbreaking success, exceeding ambitious goals through a growing partnership ecosystem with industry leaders like BraunAbility, a global manufacturer of wheelchair-accessible vehicles and lifts.
How BraunAbility Streamlined Procurement with SourceDay
Before integrating SourceDay, BraunAbility’s procurement team manually managed nearly 15,000 stock-keeping units (SKUs) across multiple dashboards, ERP systems, spreadsheets, and emails. The lack of automation led to missed purchase order (PO) changes, stockouts, and strained supplier relationships.
With SourceDay, BraunAbility transformed its procurement process by automating purchase order management, improving supplier collaboration, and enhancing performance tracking. The results were:
- 35% increase in on-time deliveries
- 22% reduction in inventory safety stock, cutting holding costs
- Optimized working capital and improved operational efficiency
Fast Company’s Most Innovative Companies: Recognizing Global Innovation
The World’s Most Innovative Companies is Fast Company’s hallmark franchise and one of its most anticipated editorial features. To determine honorees, Fast Company’s editors evaluate thousands of companies driving progress across industries through a rigorous application process.
“Our list of the Most Innovative Companies offers both a comprehensive look at innovation today and a playbook for the future,” said Fast Company editor-in-chief Brendan Vaughan. “This year, we recognize companies that are harnessing AI in deep and meaningful ways, overdelivering for customers, and introducing bold ideas to their industries. These companies are charting the way forward.”
The full list of Fast Company’s Most Innovative Companies honorees is available at FastCompany.com. The print edition will be available on newsstands starting March 25.
About SourceDay
SourceDay is the leading direct procurement risk management platform for manufacturers and distributors. Powered by patent-pending AI and Machine Learning, SourceDay delivers enhanced visibility, predictability, management, and data accuracy. The platform seamlessly integrates with any ERP system, transforming costly, manual, and error-prone tasks into precision workflows.
About Fast Company
Fast Company is the only media brand dedicated to the intersection of business, innovation, and design, engaging influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with Inc. For more information, visit FastCompany.com.
