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Procurement Technology

Choosing Procurement Technology – Where Maturity Meets Solutions [PRO]

- November 24, 2014 6:44 AM

Selecting procurement technology that grows with an organization as it matures is no easy feat. This Spend Matters brief, Part 2 in a series on the topic, explores how to think about evaluating and selecting procurement technology that “grows with you” based on the typical technology needs and buying criteria for procurement organizations at different stages of maturity.

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2015: The Year E-Procurement 2.0 Takes Shape [PRO]

- November 3, 2014 2:17 AM

Not much has changed in e-procurement in recent years other than the movement toward more tightly coupled P2P (integrated e-procurement and e-invoicing) and the evolution of cloud-based offerings by both challengers (e.g., Coupa) and incumbents (e.g., Ariba). The “bones” of many of the solutions with dominant brands and reputations in the market have changed little in the core e-procurement area, although some like Coupa have done a commendable job expanding the suite outward. This two-part Spend Matters PRO research brief, authored by Founder and Managing Director Jason Busch, outlines some of the providers representing the new face of top-end and specialized e-procurement. We start today with BuyerQuest and Ivalua.

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Choosing Procurement Technology That Grows With You [PRO]

- October 30, 2014 2:23 AM

As a procurement practitioner, when you start looking at the portfolio of solutions you have available today, some patterns will likely emerge. First, you’ll have a range of tools in your arsenal. There will be a few painfully obsolete tools that are creaking along (used only by select specialists still able to maneuver them). There will be specific procurement tools (analytics, sourcing, etc.) not used by many. There there will be several mainstream ERP solutions that are used nearly daily by all, and so on. In one of the most important Spend Matters' PRO research briefs published this fall, Thomas Kase, vice president of research, looks at how we have reached the current state of procurement technology and the impact of this technology on people, processes, habits, culture and time.

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Top 4 Ways CPOs Will Use Social Media [Plus +]

- October 29, 2014 2:28 AM

apple-cup-display-1883-733x550 In Part 1 of this series we looked at the principles of social media, which give an insight into how and why it has been such a phenomenon. Aspects such as the way it enables users to feel a sense of belonging and to share knowledge, information and their passions so quickly and easily, play to ancient human needs. So now let’s look in a more practical manner at the areas where social media tools, or tools that at least use these principles, will increasingly play an important role in the lives of CPOs and indeed all procurement professionals. There are 4 principle areas that we can consider, although there is overlap between them in some cases.

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Cloud: “It’s All Hype” [Plus +]

- October 15, 2014 2:25 AM

file0001433798878 In Part 1, we read about some of the details that lurk under the surface of the deceptively simple “cloud” label. Part 2 has the first half of our exclusive interview with Steve Brooke – serial CTO at Procuri, CombineNet and other firms – and his comments on cloud, SaaS and what is important when developing as well as buying scalable, reliable cloud solutions. This final part concludes the interview with Steve, and wraps up with some takeaways for buyers looking for cloud solutions.

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The Cloud Hype: What Makes Sense For Businesses? [Plus +]

- October 14, 2014 2:49 AM

1388625479i9qd5 Part 1 of this series looked at various permutations of cloud and SaaS solutions – with a statement Larry Ellison has made at several Oracle Open World events, as well as thoughts from Spend Matters Thomas Kase and Pierre Mitchell. With those thoughts, I turned to Steve Brooke, a serial SaaS, ahem, cloud CTO – notably at Procuri (now Ariba) and later CombineNet (now SciQuest) in the procurement solution space. Read on to hear Steve's thoughts and comments about the cloud hype in the context of what actually makes sense to businesses from an operational point of view.

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Verian Solution Highlights Continued (Part 3) [PRO]

- October 7, 2014 2:34 AM

In the first and second installments of this series, the Spend Matters analyst team provided core insight into Verian, a fast growing P2P provider. In Part 3 of this research brief, Thomas Kase continues his analysis from the recent Verian customer conference and Verian’s new solution strengths and weaknesses.

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The New Verian 14 – Bringing Unique Assets to the Table (Part 2) [PRO]

- October 6, 2014 6:16 AM

In the first installment of this series, the Spend Matters analyst team provided core insight into Verian, a fast growing P2P provider. In this research brief, Thomas Kase continues his analysis from the recent Verian customer conference, delving into Verian’s solution strengths and weaknesses while also providing key takeaways for our Spend Matters PRO members.

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Verian: A P2P provider to Include In Your Next RFP Round (Facts, Figures and Platform Insights – Part 1) [PRO]

- October 3, 2014 2:32 AM

If you have read Jason Busch’s recent coverage on Verian, then you broadly know about the P2P solution footprint of Verian. There is nothing quite like spending time with the actual staff (not just marketing and execs) of a provider to get a feel for what they are really like. The following three-part Spend Matters PRO brief represents Thomas Kase’s collective insights from spending over two days with Verian and some of its clients during Elevate, the company’s annual user conference, held in Charlotte, North Carolina Sept. 24-26. Today we share Part 1 of this series. Stay tuned for Part 2 and Part 3 in the coming days.

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The Spend Matters Stock Portfolio – Just Like the Ryder Cup [Plus +]

- October 2, 2014 6:43 AM

We are now three quarters of the way through the year and through our 2014 stock portfolio competition between Jason Busch, representing the mighty USA, and me, Peter Smith, representing Europe. And I'm afraid, just like the Ryder Cup, it is turning into a bit of a non-contest, with Europe clearly ahead.

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Concur and SAP/Ariba: Customer and Partner/Ecosystem Analysis and Recommendations [PRO]

- September 23, 2014 10:15 AM

Since SAP’s announcement last week that it is buying Concur, Spend Matters has been busy covering the transaction from multiple angles. On the surface, it would be relatively easy to suggest there are more similarities than differences to SAP’s acquisition of Ariba for customers and competitors. But the transaction brings a substantially different set of variables to the equation for all parties in the market. In this Spend Matters PRO research brief, Thomas Kase, vice president of research, Jason Busch, founder and managing director, and Pierre Mitchell, chief research officer, provide analysis and an initial set of recommendations for SAP customers, Concur customers and Concur partner/ecosystem members.

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Exploring Oracle E-Business Suite Advanced Procurement: Adoption Trends and Roadmap (Part 1) [PRO]

- September 9, 2014 2:30 AM

Oracle OpenWorld 2014 is taking place in San Francisco from Sept. 28 to Oct.2. It typically represents one of the best chances of the year for analysts to peer behind the covers of Oracle’s products and informally talk to both customers and Oracle employees at length. It lets us reach outside of our existing research/advisory client base. Earlier this summer, Spend Matters had a collective update from each of the product groups representing the different Oracle brands most focused on the procurement sector – PeopleSoft, Oracle E-Business Suite, and Oracle Procurement Cloud. Over the coming weeks, we’ll be sharing some of the highlights of what we learned.

You will also receive our initial analysis, subject to additional commentary following Oracle OpenWorld. This initial Spend Matters PRO brief, written by Jason Busch, managing director and founder, Pierre Mitchell, managing director and chief research officer, and Thomas Kase, vice president of research, explores the latest happenings with Oracle E-Business Suite Advanced Procurement including Purchasing, Endeca Extensions, Sourcing, iSupplier Portal, Supplier Hub, Supplier Lifecycle Management, Procurement Contracts , Mobile and related product areas. We’ll also touch on the new Oracle Project Procurement application.

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