Afternoon Coffee: BravoSolution Partners with TrustWeaver for E-Invoicing Compliance Services, The Hackett Group Expands Consulting Portfolio

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BravoSolution announced Tuesday it has formed a partnership with TrustWeaver to offer global e-invoicing compliance services within its BravoAdvantage platform, according to a press release. The integration will allow users to automate transaction compliance.

“TrustWeaver’s e-archiving and e-invoicing solution provides our customers confidence that their invoices will stand the integrity, authenticity and archiving test, each and every time,” said Jim Wetekamp, CEO of BravoSolution. “We expect this new offering to save our customers unparalleled time and resources by eliminating the need to research global regulations before completing transactions.”

CLAIM YOUR FREE COPY: E-Procurement and Invoice-to-Pay (P2P) Landscape Definition and Overview

Hackett Acquisitions 

The Hackett Group announced Tuesday it had acquired Aecus Limited and completed its acquisition of Jibe Consulting, according to two press releases. Aecus is a European consultancy that helps clients optimize business process outsourcing (BPO), IT outsourcing (ITO) and robotic process automation (RPA) through benchmarking and implementation consulting. Jibe is focused on implementing Oracle enterprise resource planning (ERP) and human capital management (HCM) solutions.

Coupa Completes Trade Extensions Acquisition 

Coupa announced Wednesday it has completed its acquisition of sourcing optimization provider Trade Extensions, according to a press release. Spend Matters has been covering the deal extensively since the news broke in April:

"Coupa's acquisition of Trade Extensions is an inspired combination of brains and brawn,” Tom Finn, analyst at Spend Matters, said in the release. “When it comes to the myriad applications of optimization to improve supply chain performance, Coupa just bought itself the market leader, along with warm introductions to dozens of massive-sized companies that have been quietly using Trade Extensions for years.

“Beyond having the ability to now source the most strategic areas of client spend, look for enhancements to Coupa Advantage, as the horsepower it just acquired is a dominant trading algorithm that bodes well for network buying."

Oil Prices

And finally, a commodities update: Oil prices have fallen 14% this year amid strong U.S. stockpile data and a rising dollar, the Wall Street Journal reports.

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