In Case You Missed It … P2P Market Roundup

We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we should bring to your attention - we'll have more from our analysts in the coming days  ...

Ivalua Launches P2P Quick Deployment Package

Ivalua this week has announced its P2P quick deployment package, which will allow customers to roll out a full version of its P2P solution in 8-12 weeks. The package offers the full capabilities and extensibility of the Ivalua platform and allows for rapid no-fee supplier onboarding. Full press release is here.

Basware Announces €50m PE Investment 

Basware has signed a financing agreement with funds advised by Bregal Milestone LLP. The €50 million ‘loan’ is due in September 2024 and will be used for ‘general corporate purposes including refinancing existing debt of the Company and for future growth.’ Read the press release here.

Taulia Enhances Platform with New AI Capabilities

Working capital solutions provider, Taulia, has rolled out the next-level enhancement of its buyer platform, bringing enhanced AI capabilities to its programmes. The platform taps into aggregated data on supplier behaviour, and with other external data sources, informs and simplifies the decision-making process for businesses operating early payment programmes. More here.

Per Angusta and Silex Seal Strategic Partnership

Per Angusta, Procurement Performance Management (PPM) solution, and Silex, a cognitive sourcing platform, have joined forces to offer both private and public sector purchasing organisations a unique combination to improve purchasing performance. More here.

Oracle Modern Business Experience

This week Spend Matters analysts Jason Busch and  Xavier Olivera have been attending Oracle’s Modern Business Experience event in Las Vegas. To keep up with all reporting on the latest from the event tune into Spend Matters next week starting here.

HCSA Awards 

The HCSA has launched its 2019 Awards for 12 categories spanning the full range of procurement activity in the NHS. 'We invite the profession to recognise and celebrate our success' it says - read more here.

 

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