Oracle experts Enrich and e-Three to merge

- February 11, 2013 12:31 PM
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Last week, Oracle systems integration, BPO and consulting partners Enrich (formerly EnrichIT) and London-based consulting firm e-Three announced their intent to merge, with an expectation it will close by the end of February.

I confess that they’re not firms I know well, so here’s a little of what my US colleague Jason Busch had to say about it – read his full post here if you’re interested.

“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. And Enrich were IT guys who knew procurement.” Enrich’s Arul Murugan will remain CEO of the merged organization. While terms of the transaction were not disclosed, Enrich will remain a certified diverse business following transaction close….

In our view, the nuance of the combined professional services and SaaS-delivery organization is that e-Three brings sourcing and procurement expertise beyond its small numbers and Enrich brings a level of understanding of user experience and a re-skinning and hosted deployment mash-up of diverse Oracle applications. For example, Enrich has developed a new user interface for eBusiness Suite procurement modules alongside hosted Fusion Procurement Contracts that provides an integrated and common user experience cross-platform. This latter capability, especially, extends significantly past what typical systems integrators or Oracle BPO partners provide.

As a preferred Oracle partner, the combined entity expects to receive the majority of its procurement business from Oracle-driven referrals, although the company will maintain its own sales and marketing resources as well. Stay tuned for expanded coverage of Enrich on Spend Matters PRO focusing on the providers’ capabilities including “surround” tools to enhance punch-out search and the requisitioning experience of Oracle’s procurement tools”.

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