Earlier this winter, Spend Matters published a review of Iasta’s latest foray into the procurement, finance and supply chain analytics market (here and here). Having evolved from an e-sourcing tools vendor into a broader specialist suite provider with a range of enabling consultative services, Iasta looks very different today than it did even a few years ago.
In strategy and footprint, Iasta appears closest to BravoSolution, a provider that has also prioritized a combination of organic solution development, high-touch customer sales and account management, and surrounding sourcing and procurement transformation services under its solutions umbrella. Yet Iasta is anything but copying from another singer’s songbook, despite the logical comparisons.
Rather, Iasta is pursuing a strategy with different elements intersecting in various ways to point them down a somewhat unique path. Before exploring these, though, let’s step back for a minute and review Iasta’s capabilities and background:
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