A range of application vendors are trying to build out native platforms or sit on top of others flexibly. For example, Coupa hedges its bets by building on top of AWS, but also partnering with IBM (on SmartCloud) and showing up on SuiteApp.com. Providers are also trying to develop healthy B2B ecosystems that are creating B2B activity and as a result: “liquidity.” And there’s no way to better monetize that liquidity than from B2B e-commerce networks for Source-to-Pay on the buy-side and both Attract-to-Order and Order-to-Cash on the sell side. All this talk of liquidity reminds us of a different time and place in the procurement and supply chain world: the “marketplace era” from the late 90s and early 2000s. But there are many technology differences this time that will make the vision of liquidity a reality faster than many will imagine.
Extending Procurement Information Architecture to Provider Ecosystems (Part 2) [PRO]
For full access to this PRO content: