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2021 Procurement and Supply Chain Predictions from the market — Basware and Nvoicepay
December 31, 2020 | Nancy Clinton
Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months and beyond,…
2021 Procurement and Supply Chain Predictions from the market — GEP
December 28, 2020 | Nancy Clinton
Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months and beyond,…
Public Spend Forum: immersive AR/VR datasets, advocating for SMEs, and solving public market barriers
November 6, 2020 | Nancy Clinton
Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public buying everywhere. GovShop is its free-to-use […]
Public Spend Forum – Public Procurement news from this week
October 2, 2020 | Nancy Clinton
Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public buying everywhere. GovShop is its free-to-use government market research tool for finding and connecting with suppliers. Here's the latest from PSF. Webinar - eProcurement: The Backbone of Digital Government — Spend Matters’ Jason Busch, Jarrod McAdoo…
Procurement performance vendor Per Angusta raises $3.8 million
September 17, 2020 | Sally Ehrmann
Per Angusta, a French provider of procurement performance technology, announces a $3.8 million Series A investment. The company aims to grow its workforce and international reach with the funding.
Accenture cybersecurity report sees risks from hacker groups and vulnerabilities in supply chains, the cloud
January 29, 2020 | Alex Behrens
As cybersecurity becomes an increasingly crucial priority for businesses and individual employees, financially motivated criminal groups are increasingly targeting third-party partners and suppliers to gain access to otherwise secure systems, according to Accenture’s most recent Cyber Threatscape Report, which tracks emerging threats and trends in the cybersecurity realm. "To help reduce business risks, organizations need…
Afternoon Coffee: Tealbook nets $5 million; Simfoni raises $3 million; GEP lands CITGO; Google Cloud for Lufthansa
January 22, 2020 | Spend Matters Team
Tealbook, a provider of enriched supplier data meant to improve a procurement team’s visibility, announced that it has raised $5 million in a seed plus funding round. Simfoni, a digital solutions provider for spend analytics and buying automation with offices in the UK, Chicago and Dubai, announced that it has raised $3 million in Series…
Oracle Procurement Cloud Update — The Sleeping Giant is Waking Up - [PRO Content]
October 14, 2019 | Xavier Olivera and Pierre Mitchell
Spend Matters attended Oracle’s recent OpenWorld conference to see the latest developments in its cloud ecosystem, especially within Oracle Procurement. Oracle continues to make progress in its strategy of transforming from a technology and products company to one of cloud services. It was a decision that has taken time to develop, but without a doubt…
Companies Now Using Digital Disruption to Transform, not Merely Cut Costs: Deloitte Survey
May 20, 2019 | Kyra Senese
As digital technologies continue to affect how businesses evolve, the related risks and opportunities are pushing companies to expand their cost management strategies, according to Deloitte’s recently released second global cost survey. The study, “Save-to-Transform as a Catalyst for Embracing Digital Disruption,” explains that although traditional cost-reduction methods remain important, many organizations are also investing…
K2 Sourcing: Vendor Analysis, Analysis and SWOT - [PRO Content]
March 20, 2019 | Nick Heinzmann
The history of e-sourcing software stretches back to before the dot-com bubble burst, yet few of the original providers of RFX and auction management tools exist today as they did at their inception. Some were bought and consolidated into the mega organizations we know today (e.g., SAP Ariba, which acquired FreeMarkets and Procuri), while others…
Services Procurement is Broken: Finding Fixes Beyond Contingent Workforce Management, E-procurement - [PRO Content]
March 12, 2019 | Pierre Mitchell
If you google the term “services procurement,” you’ll see an article from my colleague Andrew Karpie touching on the topic front and center. He talks about the need to transcend the traditional contingent labor-centric view of what is in fact a much larger scope dealing with the procurement of all services. Aggregate annual spend on…
10 Business Intelligence Trends: From Analytics Adoption to Explainable AI and Converging BI Platforms
March 6, 2019 | Alex Behrens
“Business intelligence” has been a staple of an effective corporate entity long before computers appeared on the scene, but leaps in computing power, cloud storage and advances in data processing and visualization have allowed businesses to use their resources vastly more effectively. The advances in business intelligence (BI) also make it accessible to hundreds or…

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Greensill Capital’s troubles, supply chain finance — and where do we go from here? : Markus Hornburg said : Today the German financial regulators effectively closed Greensill Bank in Germany. The fallout will...

E-procurement as a strategic weapon — With BuyerQuest acquisition, ODP preps for war in omnichannel B2B : Jason Busch said : From an antitrust standpoint, I wonder if this makes ODP + Staples look like less of a competitor by...

Procurement in Practice: Sustainability — Getting from the pledge to action at Bayer : Fabian Lampe said : Having worked for Bayer and Unilever I really must say that the pledge and the ambition is bold and ...

Demystifying the role of technology in supply chain finance: Blockchain : Riya Kaif said : Insightful article on the role of blockchain technology in supply chain finance. Looking forward to ...

Study Finds Nascent Adoption of AI and Robotics in Retail and Manufacturing Supply Chains : Elena said : As robots increasingly move from warehouses to shopfronts, embedding Artificial Intelligence (AI) in...