Proactis Acquires Intesource at a Cheap Valuation – Last week, the small UK-based procurement suite provider Proactis announced that it was acquiring Intesource, a retail/grocery sourcing specialist. Jason Busch writes: “Given Intesource’s focus on strategic sourcing, supplier management, and related activities and Proactis’s focus on purchase-to-pay solutions, it is a complementary acquisition.”
Proactis’s Simon Dadswell was the first to write in: “The strategic fit of Intesource and Proactis looks compelling in a number of ways. One, Intesource will add additional expertise and footprint in the US market (Proactis growing US client base already includes one of the world’s largest hedge funds providers, Fortune 100 organisation, Central Government Agency, and a string of multi-location commercial and non-profit organisations – implementations targeting multiple Source-to-Settle or Procure-to-Pay business processes and typically achieving a large % of spend under management). Two, Intesource recognised expert reverse e-auction offering, delivered as true SaaS (Software-as-a-Service) is complementary to Proactis existing service and software suite – a complete end-to-end suite of supplier information management, SRM, contract management, sourcing, supplier content management, purchase-to-pay, e-invoicing solutions in a single cloud platform). Three, Intesource clients will now have access to the broader capability of Proactis solutions.
And Jason responds: “I’m excited to see how the post-merger stuff comes together. Don’t underestimate the full service component of Intesource and how some of that thinking can be applied to P2P as well. There is a need for it.”
Sean McDonough, COO of Proactis, responds in turn: “Jason, I think your comments/views on the full service element, if you will pardon a lame expression are ‘right on the money.’ We have for quite some time held the belief that the market is more interested in the outcome than almost anything else. This trend has been accentuated by a distinct capacity shortage of customer procurement resources, providing the best technology is seldom enough to fully realise the benefits, savings and hit those KPIs for most projects. Hence, putting aside all the financial/product/customer synergies that made the deal a true ‘no brainer’ in the long term it will be the effect of ‘full service’ on the Proactis group that make this a significant deal for our customers and shareholders alike.”
Meanwhile, a somewhat more spirited discussion was taking place in the comments section of Thomas Kase’s post, A Pox on User Experience Zealotry – Give Me Back My Firefox Browsing Experience. Last Friday, Thomas railed against the new version 29, a beautiful if not very useful upgrade. Some readers disagreed.
“Now you look like a fool,” writes Dwight Stegall. “The classic theme restorer will give you all of these except New Toolbar. You can find that in the Customization Panel.”
Commenter Nicki responds directly to Dwight: “Classic Theme Restorer restores some of the lost functionalities, but not all. Plus, some add-ons break it. After several hours, I finally gave up and downgraded back to v28.”
Thomas himself chimed in as well: “Dwight, I can see from your website that we have vastly different ideas of what constitutes good UI design.”
Nick of Market Dojo uses Internet Explorer nowadays (“Never thought I’d be saying that”). As for Firefox? “Firefox just drains my RAM and is sloooow.”
“Thomas, thanks for writing this, I’ve been looking for anyone in the tech community to write about what a mistake 29 is,” writes commenter Swanky Butters. “There is no way we should be expected to fix a broken UI with add-ons. An add-on to bring back the add-on bar? If that is not the dumbest thing ever. FF has to get its head from out of Google’s butt.”
Thanks to everyone who commented this week. Especially you, Swanky Butters, for that spectacular one-liner. Check back next Friday for more reader commentary—if there is commentary. So comment, readers, comment away. But please, nothing about bargain Louis Vuitton bags.