The P2P Category

Coupa vs. SAP Ariba: E-Invoicing and Supplier Network Evaluation and Head-to-Head Comparison

Coupa and SAP Ariba are among the two strongest invoice-to-pay providers in the Spend Matters Q1 2018 Invoice-to-Pay SolutionMap on a functional scoring basis. But how do they stack up against each other in a head-to-head bout, especially when considering core e-invoicing and supplier network capabilities as part of the invoice-to-pay solution area?

Join us in this unfiltered SolutionMap results analysis from our Q1 2018 dataset, supplemented by commentary from Spend Matters Founder Jason Busch. These recurring Head-to-Head columns share insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers, providing unique comparative cuts of SolutionMap benchmark data, along with the trademark quips that have defined Spend Matters analysis since its inception.

So prepare for some real data and expect at least a modicum of salty opinion as we pit Coupa vs. SAP Ariba against each other. Not yet an Insider member? Here’s a preview: in certain invoice-to-pay categories – which include supplier network, configurability, technology (overall), general services, invoicing setup, invoicing creation/capturing/submission, services invoicing & contract invoicing, invoicing collaboration, invoice validations/approvals, invoice integrations, invoicing compliance, invoice mobility, invoicing analytics, payment/financing and overall invoice-to-pay scoring — SAP Ariba sneaks in a knock-out blow.

But in others, Coupa jabs and beats its foe into the corner, delivering punch after punch until the round ends (and even tosses in a few jabs after the bell). Overall, the results suggest that it is essential to evaluate each provider’s capability in the context of specific deployment considerations (e.g., global compliance, supplier network consideration, services invoicing, invoicing analytics).

The Q1 2018 Invoice-to-Pay SolutionMap benchmark is now based on an underlying dataset featuring 13 separate providers, including nearly all of the must-shortlist invoice-to-pay technology providers procurement organizations can expect to consider in a typical selection process (as well as those they should consider but might overlook). Whether you’re in the market for a new invoice-to-pay product or just want to know if you made the right decision for your organization, our SolutionMap analysis and benchmark data can tell you the answer. Curious to learn more? Don’t hesitate to get in touch.

Corcentric Acquires Source One: Transaction Analysis (Part 1) — Background, Rationale and Deal Analysis [PRO]

Corcentric, a unique amalgam of accounts payable automation, order-to-cash, trade financing and group purchasing organization (GPO) software and services, announced earlier in May it would acquire Source One, a boutique sourcing and procurement consultancy. Terms of the transaction were not announced, but Spend Matters believes they are in line with the increasingly higher revenue and EBITDA multiples procurement consultancies and services firms have afforded themselves as of late.

For those unfamiliar with the closely held Corcentric, the name is the permanent rebrand of Corcentric and AmeriQuest. Both companies are based in the Philadelphia metropolitan area, arguably a critical factor for Corcentric to realize the full synergies from this targeted acquisition, especially given the relatively small size of Source One.

This two-part Spend Matters PRO research brief provides insight into the transaction. Part 1 provides an overview of the acquisition and background on Source One. Part 2 will provide an analysis of the transaction and our opinion on what it means for the broader procurement consulting and solutions market.

Ivalua’s Workflow Engine: The Connective Tissue of a Standout Source-to-Pay Capability

Editor’s Note: This article is part of our series The Featured Feature, where we explore unique technology capabilities that differentiate procurement solution providers. Read our introductory post to learn more.

Behind every module in a source-to-pay suite is a business process that organizations want to improve. Standout software offerings, therefore, do much more than merely digitize processes such as sourcing or invoice validation. At their best, these tools enable entirely new ways of managing actions and communicating throughout the source-to-pay process, both internally between procurement and its stakeholders and throughout the supply chain with various third parties. It’s no surprise, then, that when comparing features that differentiate source-to-pay table stakes from the winning hand, Ivalua’s workflow engine is a frequent mention.

Catalog Management: Technical and Functional Component Requirements (Part 2) [PRO]

As our Spend Matters PRO series on catalog management continues, we turn our attention to the business, technical and functional requirements that comprise this component of procure-to-pay solutions, specifically what procurement organizations should look for as they evaluate technology vendors as part of an e-procurement selection process. The capabilities we describe in this research brief are based on the Spend Matters SolutionMap RFI requirements for catalog management as a component of procure-to-pay.

Today, we turn our attention to two components of catalog management: catalog creation (inclusive of supplier onboarding) and data quality control, outlining the functional requirements we look for when evaluating catalog management as part of SolutionMap scoring and when defining requirements with procurement organizations in e-procurement and procure-to-pay selection processes.

We welcome discussion with organizations interested in exploring catalog management further. Please don’t hesitate to get in touch.

Will Real-Time Payments Replace Cards? Majority of Merchants Worldwide Think So

early pay

Merchants around the world are warming up to real-time payment, with 77% expecting that it will eventually replace payment cards, according to a recent survey conducted by Ovum and ACI Worldwide. Survey respondents based in the Netherlands, Argentina and Belgium are particularly sanguine on the adoption of real-time payment. A real-time payment system, as the name suggests, lets one use a smartphone, digital wallet or other channel to conduct interbank electronic transfers instantaneously so that the received funds would be immediately accessible

Catalog Management: What It Is and Why It Matters (Part 1) [PRO]

One can almost hear Rodney Dangerfield strutting on stage, blurting out, “Catalog management.It don’t get no respect.” At least if you’re as into old 1980s stand-up comedy reruns and e-procurement technology as us.

But seriously, we miss that guy. And with a statement like that, the late Dangerfield would have been spot on about catalog management, an area that is not as well understood or respected as a centerpiece of e-procurement as it should be. This Spend Matters PRO series provides an introduction to catalog management for both business and technical users. Our goal is nothing short of getting it the respect it deserves.

Today, we begin our series with a look at what catalog management is and the different capabilities of which it consists, as well as its intersections with supplier network enablement and connectivity. Those interested in how different providers compare to each other in the catalog management arena as part of broader e-procurement and procure-to-pay capabilities should also check out our latest SolutionMap Insider reports.

We welcome discussion with organizations interested in exploring catalog management further. Please don’t hesitate to get in touch.

Oracle vs. Coupa: E-Procurement Head-to-Head Technology Evaluation and Comparison

What was the Analyst scoring shocker in the Q1 2018 SolutionMaps for E-Procurement and Procure-to-Pay? Oracle. But is Oracle Procurement Cloud on the same transactional procurement technology and capability level as Coupa — or even higher — when it comes to e-procurement?

Join us in this unfiltered SolutionMap results analysis from our Q1 2018 dataset, supplemented by commentary from Spend Matters Founder Jason Busch. These recurring Head-to-Head columns share insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers, providing unique comparative cuts of SolutionMap benchmark data, along with the trademark quips that have defined Spend Matters analysis since its inception.

So prepare for some real data and expect at least a modicum of salty opinion as we pit Coupa and Oracle head-to-head in the Spend Matters evaluation ring. Here’s a preview: In certain e-procurement capabilities — which span catalog management, shopping/requisitioning, ordering, receiving, supplier network, configurability, technology (overall), general services and a summary e-procurement average — Coupa wins hands down.

But in others, Oracle surprisingly bests the pole position operational procurement car, bringing capability that takes the prize as the absolute “most improved” e-procurement set of technologies over the past few years. And when the checkered flag comes out — well, we won’t give that away just yet. But the scoring will surprise, we promise. (Hint: It depends on what data you’re looking at and what data you value in your own selection process, as the two providers have different strengths.)

The Q1 2018 E-Procurement SolutionMap benchmark is now based on an underlying dataset featuring 19 separate providers, including all of the “biggies” procurement organizations can expect to consider in a typical selection process. Whether you’re in the market for a new e-procurement product or want to know if you made the right decision for your organization, our SolutionMap analysis and benchmark data can tell you the answer. Curious to learn more? Don’t hesitate to get in touch.

How to Make Time for Value-Add Activities by Controlling High-Volume, Low-Dollar PO Spend

purchasing

Editor’s note: This is part of the Ask Spend Matters series, where readers send in their burning questions about procurement and supply chain.

A reader recently wrote in asking for ideas on controlling high-volume, low-dollar PO spend on readily available commodity items in order to free up time for value-add activity. The conventional wisdom is that purchase orders act as a point of reference and an insurance of sorts against fraud or unintentional errors related to invoicing, pricing, duplicates and wrong products. Yet POs can undoubtedly be a pain for buyers to draft, not to mention that all of the paperwork lengthens and slows down the entire purchasing process. There are two main options here to consider.

Basware vs. SAP Ariba: E-Invoicing and Supplier Network Evaluation and Head-to-Head Comparison

Basware and SAP Ariba are among the two strongest invoice-to-pay providers in the Spend Matters Q1 2018 Invoice-to-Pay (I2P) SolutionMap on a functional basis. But how do they stack up against each other in a head-to-head bout, especially when considering core e-invoicing and supplier network capabilities as part of the invoice-to-pay solution area?

Join us in this unfiltered head-to-head SolutionMap results analysis from our Q1 2018 dataset, along with commentary from Spend Matters Founder Jason Busch. These recurring Head-to-Head columns share insights from each quarterly SolutionMap report for SolutionMap Insider subscribers, providing unique comparative cuts of SolutionMap benchmark data, along with the trademark quips that have defined Spend Matters analysis since its inception. The most recent head-to-head comparisons include Coupa vs. SAP Ariba (e-procurement) and Coupa vs. Jaggaer Advantage (sourcing).

So prepare for some real data and expect a few sparks to fly as we pit Basware and SAP Ariba head-to-head in the Spend Matters evaluation ring. Not a SolutionMap Insider member yet? Here’s a preview: In certain invoice-to-pay categories — which span supplier network, configurability, technology (overall), general services, invoicing setup, invoicing creation/capturing/submission, services invoicing and contract invoicing, invoicing collaboration, invoice validations/approvals, invoice integrations, invoicing compliance, invoice mobility, invoicing analytics, payment/financing and overall invoice-to-pay scoring — SAP Ariba takes the yellow jersey. But in others, Basware is first in the peloton. And overall the results suggest that it is essential to evaluate each provider’s capabilities in the context of specific deployment considerations (e.g., AP automation-led initiatives compared with broader procure-to-pay considerations).

The Q1 2018 Invoice-to-Pay SolutionMap benchmark is now based on an underlying dataset featuring 13 separate providers, including nearly all of the must-shortlist invoice-to-pay technology providers procurement organizations can expect to consider in a typical selection process (as well as those they should consider but might overlook). Whether you’re in the market for a new invoice-to-pay product or just want to know if you made the right decision for your organization, our SolutionMap analysis and benchmark data can tell you the answer. Curious to learn more? Don’t hesitate to get in touch.

From Watch to Know in 2018: How OpusCapita Helps Companies Tackle Complexity on the Buy and Sell Sides

Each year, some companies on the Spend Matters 50 Providers to Know and 50 Providers to Watch lists push themselves beyond simply a standout performance. They earn the recognition that they are not only bringing innovation into procurement organizations but also leading the charge to change the way we do business for the better. These are the providers who shifted from Watch to Know in 2018.

To learn more about these providers, we reached out to the four such cases in our 2018 50/50 lists, asking how they’ve changed over the years and what differentiates them from the competition. Today’s Q&A features Adam Tamburello, product marketing manager at OpusCapita, a provider of source-to-pay (S2P) solutions.

E-Procurement Head-to-Head Technology Evaluation and Comparison: Coupa vs. SAP Ariba

Coupa and SAP Ariba are among the two strongest e-procurement providers — and broader procure-to-pay (P2P) suites — in the Spend Matters Q1 2018 E-Procurement SolutionMap on a functional scoring basis. But how do they stack up against each other in a head-to-head bout?

Join us in this unfiltered SolutionMap results analysis from our Q1 2018 dataset, supplemented by commentary from Spend Matters Founder Jason Busch. These recurring Head-to-Head columns share insights from each quarterly SolutionMap report for SolutionMap Insider Subscribers, providing unique comparative cuts of SolutionMap benchmark data, along with the trademark quips that have defined Spend Matters analysis since its inception.

So prepare for some real data and expect at least a modicum of salty opinion as we pit Coupa and SAP Ariba head-to-head in the Spend Matters evaluation ring. Here’s a preview: In certain e-procurement capabilities — which span catalog management, shopping/requisitioning, ordering, receiving, supplier network, configurability, technology (overall), general services and a summary e-procurement average — Coupa gets the nod as the king of the hill e-procurement hill. But in others, SAP Ariba takes the prize. And at the final bell — well, we won’t give that away just yet. But the scoring might surprise you. (Hint: It’s bloody close.)

The Q1 2018 E-Procurement SolutionMap benchmark is now based on an underlying dataset featuring 19 separate providers, including all of the “biggies” procurement organizations can expect to consider in a typical selection process. Whether you’re in the market for a new e-procurement product or want to know if you made the right decision for your organization, our SolutionMap analysis and benchmark data can tell you the answer. Curious to learn more? Don’t hesitate to get in touch.

Sponsored Article

How Mid-Market Companies Can Benefit from Innovative AP Automation Solutions

Not all organizations are created equal. Far from it, in fact. Many mid-sized companies feel like they are getting overshadowed by large multinational enterprises when it comes to having access to purchasing solutions that meet their unique procure-to-pay (P2P) needs. We think that in 2018 that is about to change.