Tagged Content: Technology

Spend Matters Asks the Financial Supply Chain Expert: Taulia’s New CEO Answers our Questions

black-and-white-city-conference-1984 Today we conclude our Q&A series with Taulia’s new CEO Cedric Bru. Spend Matters recently had the chance to ask Cedric some questions about his new role at the Saas financial technology vendor, the company as a whole and his take on the market. (You can check out Part 1 and Part 2, as well.) To wrap up our discussion, we ask Cedric for some of his expert advice.

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Tips of the Financial Supply Chain Trade: Taulia’s New CEO Talks with Spend Matters

FB1403B90B Spend Matters recently had the chance to ask Cedric Bru, the new CEO of Saas financial tech vendor Taulia, some questions about his new role and his views on both the company and the current market. We began this Q&A series yesterday (make sure to check out Part 1). Today we continue our conversation with Cedric, in which we discuss financing and more. Also, stay tuned for our final post on this series

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Taulia’s New CEO Shares His Thoughts on the Financial Supply Chain

- April 6, 2015 8:23 AM | Categories: Finance, Invoicing, Supply Chain Management, Trade Financing

apple-bag-collaboration-154 Cedric Bru was recently named Taulia’s new CEO. Cedric joined the SaaS financial tech company in 2013, first serving as chief sales officer. He also brought more than 2 decades worth of financial services and software industry experience with him to Taulia. Spend Matters recently had the chance to ask Cedric some questions about Taulia, his role at the fast-growing company and the sector as a whole. This is Part 1 of our Q&A session with Cedric, stay tuned for additional posts in the coming days.

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Spend Matters UK Tries Trade Extensions TESS Academy

- March 31, 2015 9:40 AM | Categories: Learning / Research, Sourcing, Technology, Vendor Snapshots

Trade-Ex-TESS-academy-228x138 Trade Extensions launched its online TESS Academy, and the folks over at our sister site Spend Matters UK gave it a whirl. Check out the article to learn about the interactive online educational platform that teaches Trade Extensions users on its market-informed sourcing and optimization software and see how Peter Smith, chief research officer and managing director for Spend Matters UK, and Nancy Clinton, editor, did with the tool. The 2 completed the TESS Academy Level 1 module (and one of them scored better on it than the other). Read all about it here.

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Procurement Technology Fear Tactics – Solving the Adoption Challenge

Spend Matters welcomes this guest article by John Ryan Shaw, senior director of adoption services at BravoSolution. Do people really fear new procurement technology? I don’t think so, certainly not in a literal sense. It is hard to picture a sourcing professional sitting upright in the middle of the night, sweat beading down their forehead, trying to shake images of giant procurement technology monsters emerging from the surf. No, it is much more likely that technology fear is rooted in the known or unknown implications of a technology change. We present some tactics to use to overcome the challenge of implementing new procurement technology.

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5 Things to Know Before Entering an Agreement or Renewal With Workday

- March 25, 2015 2:18 PM | Categories: Cloud, Finance, Guest Post

Spend Matters welcomes this guest article from NPI. The SaaS HR management systems market is heating up – both in terms of revenue growth and competition. A recent report from Forrester (Forrester Wave™: SaaS HR Management Systems, Q4 2014) indicates a growing number of vendors competing for market share. These range from the “old guard” like Oracle and SAP to new(ish) players such as Workday – which Forrester has named a leader in the space.

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Procurement Technology: Drivers and Barriers to Effective User Adoption

- March 6, 2015 2:13 PM | Categories: Guest Post, Procurement, Technology

Spend Matters welcomes this guest article from Zycus. Procurement technologies, intended to facilitate and support the sourcing and management of goods and services, have evolved significantly over the last 15 years, and new applications are constantly being developed. However, the effective adoption and use of electronic procurement technologies (EPTs) is still a “black box” for many companies, and postulated benefits remain elusive. Many practitioners are overwhelmed by the proliferation of EPT offerings, are faced with user adoption resistance and are questioning the efficacy of EPTs.

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Retaining Power in Cloud and Large IT Contract Renewals

- March 4, 2015 2:01 PM | Categories: Cloud, Contract Management, Guest Post

Spend Matters welcomes this guest article from NPI. In talking with numerous IT and sourcing leaders, one thing is consistent, they all dread contract or maintenance renewals with major vendors like Microsoft, Oracle, SFDC, Adobe, IBM, Cisco and many more. In most cases, it’s because they feel as though they have limited options and are at the vendor's mercy. As more IT vendors focus on the siren song of Wall Street – recurring revenue models – they have moved away from highly customizable offerings that allow customers to buy only what they need, when they need it.

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Create and Use Big Data: Dispatch From Procurement Leaders’ America’s Congress

IMG_2215 I’m at the Procurement Leaders' America's Congress in Miami today. Having sat through the morning sessions so far, I can say the trip has been worth it already, not even factoring into the one-on-one discussions and catch-up with old faces and new. Indeed, the number of ideas and takeaways I’ve jotted down from the keynotes has been off the charts. Rio Tinto’s Managing Director and CPO Ramsay Chu stole the show this morning with story after story about data-centered initiatives including how to create and source new information that can take analytical problem solving in entirely new levels.

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Indirect Spend Challenge No. 2: Technology is Not Optimized for the Actual Customer

tumblr_n3iu6mHZXC1sfie3io1_1280 Earlier in the week, I wrote an article on the notion that procurement doesn’t manage indirect spend – our suppliers and stakeholders do. This is really the first major challenge we face in bringing chaos to indirect spend today (outside of perhaps our largest categories). The second major indirect spend challenge we see is that technology is often optimized for procurement (the buyer) rather than the actual consumer or the end user in the business.

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Negotiating Mobile Communications Services in Latin America

- March 3, 2015 1:59 PM | Categories: Guest Post

Spend Matters welcomes this guest article by Ana Gomez of GEP. For many organizations, the mobile service is starting to be an important tool for their employees. Like the rest of the world, Latin America is turning increasingly toward mobile solutions and away from the traditional telephony. The mobile penetration in the region has reached an estimated 115% against the global rate of 96%. America Movil is the leader, followed by Telefonica. America Movil and Telefonica had competed in most of the Latin America countries. There are other competitors in the region, but between these 2 companies, they serve around the 61% of the region’s mobile users.

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SAP and Cloud P2P Integration: Putting Compliance First

- February 24, 2015 6:13 AM | Categories: ERP, P2P, SAP

abstract-dark-red-technology-background-111413C50B5CD94C Compliance with business policies such as approved vendors, spending limits, approvals, etc., are well supported by leading P2P vendors, including Ariba, Coupa, Ivalua and many others. The improvements in adoption seen with easy-to-use solutions may, in fact, bring a greater degree of compliance. For example, companies may see improvements in the amount of spend that is truly pre-approved vs. having POs created after the fact simply to comply with “no PO, no pay” policies. Companies that achieve good end-to-end business integration across the spend management process will see a huge upside in terms of improving visibility into their liabilities and a better ability to close the books in an accurate and timely way.

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