Afternoon Coffee: AP automation provider Tipalti adds 3 partners; Globality survey is out; Boeing gets orders for grounded 737 MAX

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Tipalti, a global payables automation platform, today announced three partnerships to modernize the finance operations for Kodella, an Oracle NetSuite implementation company; Escalon Services, a provider of back-office business services; and YayPay, an accounts receivable automation software provider.

“We’re excited to be partnering with client-focused organizations such as Kodella, Escalon Services and YayPay to help streamline their clients’ finance workflows,” Chen Amit, co-founder and CEO of Tipalti, said in a press release. “We look forward to working together to provide our mutual customers with a best-in-class financial operation, along with enabling their continuing growth.”

Spend Matters’ SolutionMap will add vendor rankings for the AP Automation market next year.

Globality report focuses on services, challenges

Globality, a provider of artificial intelligence-based services procurement, today released a research report titled “Procurement at the Inflection Point — Digitization, AI and the Pending Disruption of a Corporate Mainstay.” The findings from talking with procurement execs across the U.S. and Europe show that they are addressing challenges like skyrocketing services spend but do see benefits as they adopt digital technologies for procurement and sourcing, according to a press release. The survey, done with Digital Procurement World, is available here. Look for a Spend Matters’ post on the report in the coming days.

At Dubai Airshow, sales of grounded Boeing 737 MAX pick up

Airlines at the Dubai Airshow placed orders for up to 50 Boeing 737 MAX jets, which have been grounded for months after two fatal crashes this year, according to a Reuters article. Boeing is working on a software update to get the planes back in the air.

Kazakhstan flag carrier Air Astana was one of those that placed an order, the article stated. Air Astana said it had signed a letter of intent to order 30 Boeing 737 MAX 8 jets for its Fly Astana subsidiary, Reuters reports.

Lineage Logistics in expansion mode, to acquire Emergent Cold

One of the world's largest providers of temperature-controlled logistics, Lineage Logistics Holdings, has said it will acquire Emergent Cold. Financial terms of the transactions were not disclosed.

The acquisition is expected to strengthen Lineage’s port presence in the U.S. and signifies its entry into the Australian, New Zealand and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region.

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