Author Archives: JP Morris

About JP Morris

JP Morris comes to Spend Matters with 25+ years of experience with the Chicago Tribune and the Houston Chronicle. He works with the global Spend Matters team of analysts and professionals to coordinate coverage of the procurement technology market. He also edits all manner of Spend Matters stories — PRO, Nexus and SolutionMap analysis columns as well as news articles. And he’s trying to figure out which SolutionMap persona fits a husband and dad of two who likes to travel, build robots, coach baseball, write, feed WordPress and meet deadlines.

Coupa acquires BELLIN to add treasury management and boost payments capabilities

Coupa, the suite provider of business spend management solutions, has acquired BELLIN, a treasury management provider, in a deal that is part of effort by Coupa to build out bank connectivity for B2B payments, offer treasury depth of capabilities, and create accounts payable and procurement synergies. And it’s part of an industry trend to improve payments capabilities in source-to-pay and procure-to-pay solutions.

Terms of the transaction were not disclosed.

Coupa said in an interview that BELLIN, a two-decade-old German firm, has strengths that lie in control over cash and liquidity as well as forecasting. Coupa said customers want to see where their cash is at any one time, and that suppliers would like to know where payments are in the approval process — much like the convenience that consumers have with tracking packages to their home.

Coronavirus disruption puts spotlight on nations in 2020 FM Global Resilience Index

As the coronavirus disruption affects nations around the world, the insurance firm FM Global recently released its 2020 Resilience Index, examining economic indicators, risk factors and supply chain issues in 130 countries around the world — ranking the nations by the resilience of their business environments.

“The pandemic of 2020 has tested the resilience of businesses across the world,” the company said in its executive summary. “While pandemic risk is not explicitly measured in the 2020 FM Global Resilience Index, the resilience of a country’s business environment is a reliable platform for businesses trying to rebound from the impact of the coronavirus.”

See which nations do well and those that don't.

SIG Summit keynote by GEP: The coronavirus crisis ‘has forced everyone’s hand’ to adopt technology

The Sourcing Industry Group kicked off its online SIG Procurement Technology Summit on Monday with a discussion of the coronavirus disruption and the importance of companies embracing digital transformation to help weather the crisis and create stronger businesses for the recovery and beyond.

In a video Q&A with SIG President and CEO Dawn Tiura, GEP Vice President of Technology Santosh Nair talked about what he’s hearing from customers and how GEP is responding with its suite of source-to-pay solutions, GEP SMART for sourcing and GEP NEXXE for supply chain insights and control.

“It’s no longer a luxury to consider using some aspects of the solutions,” he said. "The crisis has forced everyone’s hand.”

Ivalua NOW 2020 (dispatch 3): SIG’s Dawn Tiura champions leadership, digital change to succeed in coronavirus era

In these uncertain times, business leaders must get ready to help others overcome fear, create a new future, and get through the death, social change and business disruption that the coronavirus pandemic has wrought, said Dawn Tiura, the President and CEO of Sourcing Industry Group (SIG), at the Ivalua NOW 2020 online conference Tuesday.

In her keynote address about leadership, change and digital transformation in the coronavirus era, she painted an ominous picture that there will be no return to normal — but she offered an optimistic outlook for people who are willing to embrace change.

Coupa acquires ConnXus, adding a wealth of supplier diversity capabilities

In its second acquisition this year, Coupa has acquired the supplier diversity specialist ConnXus, according a Spend Matters interview Monday with Coupa, a suite provider of business spend management solutions. Terms of the deal were not disclosed, but Coupa said talks had been going on since 2019 and that the coronavirus disruption played no role in the negotiations.

Coronavirus crisis spurs SAP to action — and adds a bit of clarity

Sometimes in a crisis, a sense of purpose takes shape and the way forward gets a little clearer. During the coronavirus disruption, SAP Ariba has been doing that for buyers and suppliers when it opened up its cloud-based service for matching business buyers and suppliers, SAP Ariba Discovery, as well as giving free access to Supply Continuity Pulse, a pre-configured solution to gain visibility into suppliers’ operational status. And on a corporate level, SAP’s realignment of its divisions is being honed and now offers the market a more focused view of its direction.

Coronavirus forces Coupa to move Inspire event to fall

Updated April 2 with more details about the event location.

Because of the coronavirus crisis, Coupa is the latest solution provider to reschedule its spring customer event, and new dates in the fall are being confirmed for Inspire North America, according to Coupa’s website.

The original event was scheduled for Las Vegas, but other sites are being explored for the fall event.

Coronavirus forces a scramble and stricter measures to curb its spread

procurement news

Late Friday, the White House declared a state of national emergency to address the coronavirus’ spread, and over the weekend in cities across the nation, people responded with a resolve to cancel events, call off school and curb their typical daily activities. Instead they prepared for self-imposed stays at home and stocked up on staple items, leaving many grocery stores with bare shelves for items like toilet paper and pasta.

Dr. Anthony Fauci, the federal government’s top infectious disease expert, said Sunday he would like to see a 14-day national shutdown imposed to prevent the virus’ spread, The Associated Press reported.

The U.S. death toll from COVID-19, the disease caused by the virus, hit 64 with more than 3,700 cases of infection reported, the AP said. Its worldwide figures stood at 6,500 dead and nearly 170,000 people infected.

Coronavirus update: Trade with Europe isn’t part of U.S. travel ban

procurement news

“The restriction stops people not goods," President Donald Trump tweeted, in part, after his Oval Office address where he announced travel restrictions with much of Europe as part of his strategy to curb the spread of the coronavirus outbreak. His speech mentioned the travel ban and trade at the same time, making it unclear if the U.S. intended to shut down imports and exports with Europe. Also, read this story for the latest headlines on the coronavirus' effect on people and the economy.

In reaction to coronavirus, U.S. suspends travel with Europe — but not the UK

FM Global Resilience Index

In response to the coronavirus outbreak, the U.S. will bar travel from Europe for 30 days, beginning late Friday, said U.S. President Donald Trump in an Oval Office address to the nation Wednesday night. He said the UK, which recently separated from the European Union after the prolonged Brexit debate, is not part of the ban. 

China’s coronavirus outbreak puts global supply chains at risk


The coronavirus has killed 1,665 people and sickened 68,500 in China, with other deaths now reported in Taiwan and France, according to Reuters on Sunday.

A special Dun & Bradstreet report, called the “Business Impact from the Coronavirus,” said the risk to companies around the world also is profound — with the outbreak hitting China’s regions that are home to “over 90% of all active businesses,” many of which are branches or subsidiaries of foreign companies. That means global supply chains will be affected.

Afternoon Coffee: U.S. importing, exporting drops; LinkedIn to get new CEO; Avetta adds 2 execs

Tariffs and slower global growth showed their effects as Americans imported less from around the world and exported fewer U.S. goods and services — resulting in a narrower trade deficit, according to Commerce Department data released Wednesday. The Wall Street Journal reports that this is the first drop in the trade deficit in six years, but that it wasn’t achieved in a way that would eventually create a trade surplus. Afternoon Coffee: Procurement and supply chain news.