Supplierforce enter voluntary liquidation

I won't duplicate what Jason at Spend Matters US has written;

Supplierforce, a Dublin-based supplier information management provider, has entered voluntary liquidation. You can read past coverage of Supplierforce on Spend Matters here, here, here and here (it should also be noted in full disclosure that Supplierforce is an Associate Sponsor of Spend Matters UK/Europe). Spend Matters had the chance to speak with Supplierforce's founder and CEO Declan Kearney about the liquidation filing on Monday afternoon. He shared with Spend Matters that the funding of Supplierforce "has been impacted by the economic issues of the past year". As a result of this situation, the company has gone into voluntary liquidation, a process in Ireland which "enables the appointed liquidator to realise value, on behalf of creditors and shareholders, through the sale of the assets," according to Declan.

Very disappointed for Declan, who apart from being one of our initial sponsors is just an excellent person, and let's hope something positive comes out of it for him, his staff and other stakeholders.

The rest of Jason's piece is well worth reading, as he discusses the implications for the Supplier Information market generally.

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