Tagged Content: Breaking News

Selectica Inc to Acquire b-pack: Initial Facts, Figures, Analysis

- March 30, 2015 8:54 AM | Categories: eProcurement / Procurement, Industry News, P2P

Businessman hand touching M & A on virtual screen - merger & acq Earlier this morning, Selectica Inc. (SLTC) announced it was acquiring b-pack, a vendor specializing in purchase-to-pay (eProcurement + e-invoicing) technology with broader source-to-pay suite modules as well. Selectica had previously acquired Iasta, a sourcing specialist, which has since been fully integrated into Selectica from a commercial and management perspective (the technology is still independent). Spend Matters analysis suggests b-pack had several clients of substantial size, but essentially all are French or European. They had relatively few North American-originated deals, and those were mainly small firms (despite the management of the organization moving to the US in recent years). As context on b-pack’s capabilities, their suite grew from early P2P origins, whereas their French competitor Ivalua started out with sourcing and later added P2P (and allegedly learned some of their P2P ideas during the two companies' partnership days years ago). Read on for our exclusive first take on the deal (or just jump right into our deeper analysis on Spend Matters PRO)!

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Selectica Inc to Acquire b-pack: Initial Facts, Figures, Analysis

- March 30, 2015 8:54 AM | Categories: eProcurement / Procurement, Industry News, P2P

Earlier this morning, Selectica Inc. (SLTC) announced it was acquiring b-pack, a vendor specializing in purchase-to-pay (eProcurement + e-invoicing) technology with broader source-to-pay suite modules as well. Selectica had previously acquired Iasta, a sourcing specialist, which has since been fully integrated into Selectica from a commercial and management perspective (the technology is still independent). Spend Matters analysis suggests b-pack had several clients of substantial size, but essentially all are French or European. They had relatively few North American-originated deals, and those were mainly small firms (despite the management of the organization moving to the US in recent years). As context on b-pack’s capabilities, their suite grew from early P2P origins, whereas their French competitor Ivalua started out with sourcing and later added P2P (and allegedly learned some of their P2P ideas during the two companies' partnership days years ago). Read on for our exclusive first take on the deal (or just jump right into our deeper analysis on Spend Matters PRO)!

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It’s Happened: West Coast Ports (Mostly) Shut Down

- February 12, 2015 2:37 PM | Categories: Breaking News, Industry News

Cargo-container-ship-sailing-050214B39A186604 What many feared has come true. The 29 ports on the West Coast are (mostly) shutting down. Today, as well as on Saturday and Sunday, all loading and unloading activity will stop, port operator the Pacific Maritime Association announced. The operator said it didn't want to pay workers of the International Longshore and Warehouse Union the holiday or weekend wages required for those days. (Monday is President's Day.) These holiday and weekend wages are at least 50% above normal, The Associated Press reported.

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SAP/Ariba and Coupa Patent Case Adds Another Element

- April 3, 2014 2:49 PM | Categories: Breaking News, Commentary, eProcurement / Procurement

gavel SAP and Ariba are insisting rival firm Coupa stole trade secrets from them and want theft and breach of contract claims added to their original lawsuit. It's not uncommon for employees of these companies to switch sides throughout their careers, and with them can come information and documents, some of which may be confidential. However, simply marking a document confidential doesn't always mean it is. Spend Matters argues the degree of confidentiality of these documents could be an extremely important factor in the outcome of the case.

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Beyond Bird Flu 2.0 – Inoculate Your Supply Base Against Supply Chain Risk

- April 15, 2013 2:16 PM | Categories: Risk Performance and Compliance

The bigger story is that even after all the repeated adverse events in the supply chain, companies still seem to struggle with how to reduce supply risk and increase supply resiliency/integrity with limited budgets. It’s not easy. But even though risks continue to proliferate within our increasingly global, interconnected, digitized, and outsourced supply chains, I wonder whether the media fatigue surrounding these events de-sensitize management to the risks.

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Bird Flu 2.0 – Inoculate Your Supply Base Against Supply Chain Risk

- April 15, 2013 9:14 AM | Categories: Commentary

Over on Spend Matters PRO today, we feature a how-to guide covering bird flu, a topic that could potentially impact a wide range of Spend Matters readers. Subscribers can access the full research brief, Beyond Bird Flu 2.0 – Inoculate Your Supply Base Against Supply Chain Risk, as well as other related content in our Risk, Performance and Compliance Section of Spend Matters PRO. Given the topic’s importance, we’re providing an excerpt that frames the importance of taking the latest strain of bird flu more seriously – as well as the potential risk that pandemics pose to our supply chain. […]

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Tragic Accident Claims Life of SciQuest’s Questie

- April 1, 2013 6:09 AM | Categories: Commentary

Chicago, Illinois The usually quiet halls of the University of Illinois at Chicago (UIC) were filled with wailing mourners when campus police informed students, faculty and administration earlier today, April 1st, about a tragic accident that occurred in one of its biochemistry and molecular biology laboratories. Augustus Questie the Fourth, known by his colleagues and friends as “Questie”, was killed instantly during an experiment he was participating in. Known by friends and family for his quick wit and boundless energy, Questie often worked multiple shifts. He was part of a team developing state-of-the-art ultra high throughout chromatin immuno-precipitation assays to […]

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Spend Matters Netherlands – Interview with Gert van der Heijden

- February 12, 2013 9:21 AM | Categories: Commentary

Gert van der Heijden is the Executive Editor of Spend Matters Netherlands. We plan to feature a significant amount of his commentary more broadly on Spend Matters and the Spend Matters Network, but we first thought we’d introduce you to Gert by sharing some of his thinking on procurement, the Netherlands and why we’re embarking on this new Spend Matters venture together. Jason: Why do you think the Netherlands needs Spend Matters? Gert: The Dutch sourcing and procurement community is always open for new and high quality information. Although the Netherlands are pretty small, we do have six professors of […]

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Welkom Spend Matters Netherlands!

- February 11, 2013 2:00 PM | Categories: Commentary

Today marks a significant milestone. With the expansion of the Spend Matters Network through the launch of Spend Matters Netherlands, we mark our first foray into delivering a local language website (though we suppose one could describe the sourcing and risk management strategies for effective metals buying as having their own unique dialect as well). But still, Dutch is Dutch. And English is English. And since the team in the US (and the UK) is using Google Translate to grasp many of the nuances of spendmatters.nl, it’s clear that we’re up to something entirely new here. We’ll be telling you […]

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Enrich and e-Three to Merge: Consolidation in Oracle Procurement Ecosystems

- February 6, 2013 11:01 AM | Categories: Commentary

On February 4,  2013, Oracle systems integration, BPO and consulting partners Enrich (formerly EnrichIT) and e-Three announced their intent to merge. The transaction is expected to close by the end of February. Prior to the merger, Enrich had roughly two hundred employees, of which approximately twenty were dedicated full-time to the procurement area. e-Three also had twenty employees (in total) focused exclusively on procurement. As James Anthony, now President of Enrich and co-founder and former CEO of e-Three told Spend Matters, “The combination brings complementary skills and knowledge. e-Three were procurement guys who knew IT in the Oracle procurement ecosystem. […]

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Spend Matters Network – Your Gateway to Greater Purchasing and Procurement Wisdom

- January 30, 2013 2:14 AM | Categories: Commentary

The Spend Matters family of sites publishes in excess of 25 articles, columns, research briefs, and papers each weekday, and our current roadmap (including global expansion and deeper commodity coverage) is to double that number in the next twelve months. Yet our research has found that there’s surprisingly little single visit overlap between the readers of our sites. Most of our readers only occasionally (if that) visit another Spend Matters site -- and the feedback is that it’s difficult to quickly find new information of interest without resorting to multiple visits or an RSS feed/reader. In other words, jumping around […]

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Welcome to the New Spend Matters

- January 29, 2013 2:32 AM | Categories: Commentary

Have you noticed a change? Back in 2004, when blogging was still in knee-pants, Spend Matters launched as the first blog in the procurement sector. Off-the-shelf publishing and content management system (CMS) technology as we know it today barely existed. You basically had really simple tools that powered political blogs and extremely complex (and expensive) tools that powered newspapers and media sites – and a diverse set of custom development and untried code tossed in for good measure at all levels and sophistication. Open source technology like WordPress and MySQL was still in its infancy and not yet ready for […]

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