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SirionLabs: What Makes It Great (Contract Lifecycle Management SolutionMap Analysis)
August 3, 2020 | Spend Matters Team
Editor’s note: This “What Makes It Great” column is normally reserved for SolutionMap Insider subscribers, but SirionLabs has generously agreed to support access for readers who are not yet members. In a world where everything that businesses purchase is increasingly consumed “as a service,” contracts are taking on increased importance as a commercial system of record for…
AnyData Solutions: Vendor Analysis 2020 Update (Part 3) — SWOT, Competitor Comparisons, Tech Selection Tips - [PRO Content]
May 22, 2020 | Michael Lamoureux
AnyData Solutions competes in a fragmented market for spend analytics. Yet unlike many of its peers, it is not a common procurement vendor name. But with better awareness, it could be a strong analytics competitor globally, especially considering how the solution packs a powerful one-two functional and pricing punch. From a functional standpoint, AnyData’s rapid…
AnyData Solutions: Vendor Analysis 2020 Update (Part 2) — Product Strengths & Weaknesses - [PRO Content]
May 21, 2020 | Michael Lamoureux
Part 2 of this Spend Matters PRO Vendor Analysis update explores the strengths and weaknesses of AnyData’s spend analytics and contract management solution, providing facts and expert analysis to help procurement organizations and other customers decide whether AnyData is the right fit for their needs. Since our 2017 review, AnyData has added a strength: metric…
Symfact: Vendor Analysis — Solution Overview, Strengths/Weaknesses, Company SWOT, Tech Selection Tips - [PRO Content]
May 20, 2020 | Nick Heinzmann
Contract lifecycle management (CLM) solutions are a “hot” market, and part of the reason for recent interest is because of their applicability to a wide range of enterprise use cases. Unlike other technology areas that touch procurement, CLM sells to multiple business stakeholders, often at the same time. There are some CLM vendors with particular…
AnyData Solutions: Vendor Analysis 2020 Update (Part 1) — Background, Solution Overview, Tech Selection Tips - [PRO Content]
May 19, 2020 | Michael Lamoureux
AnyData Solutions, founded seven years ago, is yet another spend analytics vendor with strong capabilities, even some unique ones — but it’s not just a spend analytics vendor, as it offers contract management capabilities and bases its platform on a no-code rapid AI-enabled visual development environment (VIDE). But like many analytics startups hailing from the…
SirionLabs raises $44 million, signals its arrival at the CLM winners podium - [PRO Content]
May 13, 2020 | Pierre Mitchell, Nick Heinzmann and Jason Busch
SirionLabs just announced it has raised $44 million in a Series C round that brings cumulative fundraising to $66 million for the contract lifecycle management firm with 400+ personnel. This is a major funding round and vote of confidence for SirionLabs as it moves into the leading positions top CLM market players, which includes providers…
Analysis of Apttus-Conga deal — Background, transaction analysis and a bit of armchair speculation - [PRO Content]
May 8, 2020 | Nick Heinzmann and Spend Matters Analyst Team
Apttus made waves in the CLM market this week with an announcement of its intent to acquire Conga, merging the two firms under the Conga brand to create a hefty player for “configure, price, quote” (CPQ) software, CLM and document management with roughly $400 million in revenue. The deal is perhaps not the transaction one…
CORONAVIRUS RESPONSE: Contract Analytics — Finding and Managing Contractual Risk and Reward in a Pandemic - [PRO Content]
April 21, 2020 | Pierre Mitchell
In the Spend Matters Coronavirus Response series, we are exploring the COVID-19 related business scenarios where the pandemic is affecting supply chains and commercial relationships — and how various countermeasures, solutions and providers are helping to respond. Much of the pandemic coverage started upstream in China where the outbreak originated. Last month, an ISM report…
Buying legal services and legal tech: When will YOU conquer the legal category?
April 16, 2020 | Guest Contributor
Spend Matters welcomes this guest post from Dr. Silvia Hodges Silverstein, CEO of Buying Legal Council. There are few opportunities left where procurement can have such impact and achieve both quick and sustainable wins than in the legal category. It clearly pays to involve procurement for buying corporate legal services and legal technology. In 2019,…
Dear Procurement (Part 3): Apply traditional procurement technology in non-traditional, socially distanced ways!
April 13, 2020 | Michael Lamoureux
The coronavirus crisis has put procurement pros out of their element as they have to work from home, but if you’re willing to seize the opportunity, it can be done. And the traditional technology that’s used for clients can be turned inward to help your own team as co-workers socially distance. Today we'll look at…
Dear Procurement (Part 2): More work-from-home tips in the coronavirus era — like how to tackle asset management
April 8, 2020 | Michael Lamoureux
Today we're going to review a few more activities that still have a large face-to-face component but that can be done as required while working from home — if you're willing to seize the day again. We’ll focus on virtual ways to tackle contract negotiations, end-user product qualification, inventory & asset management, and project post…
Spring 2020 Strategic Procurement Technologies (Sourcing, Analytics, CLM and SRM): Provider Scoring Summary
March 24, 2020 | Spend Matters Team
This Spring 2020 SolutionMap analyzes a select group of strategic procurement technology suite providers (inclusive of spend analytics, sourcing, supplier management and contract lifecycle management).

Q&A: ‘Unless procurement takes a different view to management of services spend, it will continue to be difficult to get it right’ : Outsourced Procurement said : Procurement should always be seen as a collaboration. Whether that's with internal departments and s...

Suppliers and Ariba: Prisoners or Not? : K said : Agree!!! Suppliers should not have to pay for access to a customer mandated system. If they want us...

WorkMarket Partners to Offer Full Coverage Workers’ Compensation for Freelancers : Andrew Karpie said : Hi James, This article is from 2017. So not sure of what is the current status at WorkMarket for t...

5 Themes That Excite Me About Procurement & Finance Tech Venture Investing : Peter Smith said : Great stuff Jason. I might add that despite the maturity, there are still some major areas with big ...

WorkMarket Partners to Offer Full Coverage Workers’ Compensation for Freelancers : James Calbert said : Is this saying that, as a service provider, workers comp is covered by WorkMarket?...