Author Archives: Spend Matters Team



Where’s Jaggaer?

"Deep Procurement Throat" forwarded us a Coupa marketing email that we found humorous. It’s for a download of a recent IDC report on the sector. We won’t opine on the veracity of the report, as we don’t know anything about IDC’s methodology. But what we will call your attention to is that Jaggaer is listed in the report in multiple areas: Jaggaer, Jaggaer Advantage (BravoSolution) and Jaggaer Direct (Pool4Tool). That’s in the report. The landing page for the download tells another story — at least on part of the page!

Clarifying Robotic Process Automation: What It Is (and Isn’t) for Procurement

Robotic process automation has become a buzzword most procurement professionals can’t escape. But despite its seeming ubiquity, RPA still tends to produce just as much head scratching as efficiency gains. Taken out of context, RPA can seem like yet another disruptive technology to keep track of alongside machine learning, blockchain and the like. Really, RPA is a single element of an overall procurement digital transformation strategy, and one of the more readily accessible technologies, in fact.

What Does The Age of Digitalization Mean for the Travel Services Buyer?

services sector

The role of today’s corporate travel manager or category manager is more demanding than ever. The manager must not only take responsibility for the travel budget, be a skilled negotiator, understand technology, leverage data and manage travel policies, contracts and compliance, but also deliver value to the organization. And of course, they must also keep the corporate traveller safe and be risk-aware. How can practitioners prepare to handle all of this and more?

Beeline Announces Upgrades to IQN VMS: What This Means for Customers

Last week, contingent workforce solution provider Beeline announced a series of upgrades to IQNavigator’s vendor management system (VMS). The announcement comes about 10 months after the news that Beeline’s parent company GTCR plans to merge Beeline and IQNavigator into a single firm. We caught up with Brian Hoffmeyer, group vice president of marketing strategies at Beeline, to find out what the upgrade entails, what it means for Beeline and IQN clients, and how it fits into the solutions’ longer-term roadmap.

Q4 SolutionMap℠: 32 Procurement Technology Solution Providers, Ranked

With Major League Baseball playoffs in full swing, we're reminded of the fitted ballcaps some of us used to wear when we were kids, just like the pros wore. Then at one point, companies introduced some fitted caps that were incongruously labeled “One Size Fits All.” That promise didn’t hold up. One size never really fits all (some of us have bigger noggins than others, for example), so ballcaps promoting themselves as such miss the mark. The same can be said for traditional analyst rankings of procurement technology solutions. Behold, Spend Matters Q4 SolutionMap℠ — where we leave the “one fits all” approach behind.

Determining the Avoidable and the Unavoidable in Supply Chain Risk

category management

Some supply chain risks are avoidable. For instance, it is feasible and highly advisable to avoid doing business with potential suppliers in certain countries (like North Korea) where doing so would bring all sorts of risk to fruition. But any supplier could suffer from an accidental factory fire. A hurricane or flooding could strike pretty much anywhere in the world, so this sort of risk is unavoidable. That does not mean, however, that we cannot take actions to manage that type of risk better.

Afternoon Coffee: Coupa Launches Coupa Open Buy with Amazon Business, Beeline Partners with Hired

Open Buy allows Coupa customers to shop beyond managed catalogs using an embedded Amazon Business marketplace within the Coupa solution. Beeline announced Tuesday that it had formed a partnership with Hired, a career matching for technology workers. Afternoon Coffee brings you the latest in procurement and supply chain news.

eBay Launches eBay Business Supply, a Rebrand of its B2B Offerings

BuyerQuest

eBay recently launched eBay Business Supply, a new rebrand that brings together its business and industrial category, SAP Ariba Spot Buy and eBay Wholesale Deals solutions to a single platform. eBay said that Business Supply “centralizes” the e-commerce company’s business-to-business offerings and gives companies of all sizes the opportunity to buy and sell supplies and equipment in several product categories.

ICYMI: What Brexit Means for Procurement

Brexit

Britain’s decision two weeks ago to leave the European Union has left procurement and supply chain professionals around the globe wondering how the move will impact their organization in both the short and long term. There still is a lot of “wait and see” taking place, but in the meantime, it’s clear that organizations need to understand the possible implications Brexit could have on them. In case you missed it, we’ve rounded up our recent coverage of Brexit and what it could mean for procurement and supply chains.

Tradeshift Raises $75M in Series D Funding Round

FusionOps funding

Tradeshift raised $75 million in a recent Series D funding round, bringing the P2P platform provider’s valuation up to nearly $600 million. Data Collective led the latest funding round, and other investors included HSBC, American Express Ventures, CreditEase Fintech Investment Fund, Notion Capital and Pavilion Capital. Tradeshift, which now has a user base of more than 800,000, has reportedly raised $205 million total this year and is on track to bring in $50 million in revenue.

Exploring E-Invoicing Benefits and Challenges with Expert Markus Hornburg

We’re pleased to announce a Spend Matters webinar in association with Coupa, on Thursday, June 9, at 7 a.m. CT (1p.m. in London). Peter Smith, managing editor of Spend Matters UK/Europe, will be talking about e-invoicing, and more importantly, asking Markus Hornburg, vice president of global product compliance at Coupa, some key questions. Markus is genuinely one of the world’s leading experts in this field.

50 Providers to Know and 50 Providers to Watch for 2016

Spend Matters 50/50 2016

After months of debate, we are excited to reveal our 50 Provider to Know and 50 Providers to Watch for 2016. The Spend Matters 50 Providers to Know highlights firms who continue to lead the charge on new procurement technologies and services driving innovation and changing they way we do business. The 50 Providers to Watch lists shines a light on exciting newcomers who are pushing the envelope.