Tungsten and OB10: Supplier Networks – Connectivity Today, Analytics Tomorrow [PRO Content]
Supplier networks have historically been invaluable in helping procurement and accounts payable (A/P) organizations connect their eProcurement and e-invoicing systems with suppliers to realize the promised efficiencies of procure-to-pay (P2P) investments. The Tungsten & OB10 combination promises to build on this value proposition by offering additional native supplier financing and savings opportunity identification (i.e., proactive/push spend analysis) on top of the core network value proposition based on network data. This of course raises the question: what does a supplier network provider like Ariba/SAP really do in basic purchasing and accounts payable terms (outside of also offering applications for eProcurement, e-invoicing and sourcing)? And what will networks bring tomorrow that is distinct from the buyer and supplier ERP and business applications they connect to?