See Part 1 of our analysis here.
In terms of their product roadmap and investment, BravoSolution is heavily focused on specific functional and architectural areas and configuring various cross-suite elements in new ways to develop highly specific category solutions for large spend areas. Bravo told Spend Matters that the integrated focus investment areas (including category specific business centers) are designed to “bind together sourcing through compliance.”
There's a highly business centric approach to these investments (as we'll explain as our series concludes in more detail) with mapping these investments directly back to improving client operating margin and EPS contribution versus just identifying savings. Today's analysis will focus on the execution of their modular design, and we'll explore these financial linkages in the final installment of the series.
The concept behind these category specific solutions for logistics, packaging, MRO, and more is to provide linkages between highly specific spend analytics, sourcing (including optimization and scenario analysis), contract management, and vendor performance. They’re designed to stand as offerings on their own, but Bravo is also continuing to develop individual modular capability.
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