Afternoon Coffee: Analysis on Jaggaer and Pool4Tool’s Merger, Coupa Reports Q1 Earnings

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In case you missed it, Jaggaer and Pool4Tool announced Monday they would merge, beginning what Spend Matters Founder Jason Busch called the start of a trend in direct materials-focused procurement solutions.

In addition to our initial coverage of the deal, we also offered customer recommendations for organizations already using or considering using Pool4Tool, especially in North America, as well as a strategy analysis and questions customers should ask both vendors surrounding integration plans and the future of the combined entity.

Coupa Earnings 

Coupa’s revenues rose 41% to $41 million compared with a year earlier, according to the company’s most recent earnings report. As Investor’s Business Daily reports, that amounted to a loss of 9 cents per share in its first fiscal quarter of 2018, beating analyst expectations of 14 cents per share. Shares edged up 0.4% on the news.

BravoSolution Introduces New Support Services 

BravoSolution announced Tuesday its new Global Customer Care (GCC) program, according to a press release. The program provides BravoAdvantage users with two service categories: BravoAdvantage Care, which offers “a global network of BravoAdvantage Care analysts ready to answer questions and help users of the platform through any issues they encounter”; and BravoSolution Success Services, which provides “a menu of global, on-demand proactive services designed to ensure teams get the most out of their activities in BravoAdvantage.”

Productivity Data

And finally, an economic update: Worker productivity remained stubbornly unchanged in the first quarter, reinforcing a well-known narrative of anemic recovery during the currently eight-year-old economic expansion, the Wall Street Journal reports.

CORRECTION: An earlier version of this article stated that Coupa's revenue increased 14% in the first quarter, rather than the actual 41%.

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