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Xeeva: Vendor Analysis (Part 3) — In-Depth Solution Overview - [PRO Content]
June 25, 2020 | Magnus Bergfors and Michael Lamoureux
In this third and final part of our Spend Matters PRO Vendor Analysis of Xeeva, we provide a complete overview of each main module of the Xeeva offering, which covers most areas of an S2P suite. Part 1 of the series focused on solution strengths and weaknesses, and Part 2 focused on Xeeva’s competitors and…
Xeeva: Vendor Analysis (Part 1) — Company Background, Solution Strengths/Weaknesses - [PRO Content]
June 23, 2020 | Magnus Bergfors and Michael Lamoureux
The source-to-pay space is starting to get crowded. While it was only a dream a scant decade ago, with a couple of providers offering minimal S2C or P2P suites, in the last five years we've gone from just a few players to more than 10 that now compete with more or less complete S2P suites.…
Digital procurement Q&A: ‘There is no excuse … to not adopt even the most basic toolkit’
June 9, 2020 | Spend Matters Brand Studio
Digital transformation of procurement departments at large corporations occurs so that the enterprises stay cost-effective, strategic and growth-oriented. But smaller businesses can struggle with how to make the case for buying procurement technology. “There is no excuse for an organization’s procurement team to not adopt even the most basic toolkit,” said ProcurePort Director Jemin Patel,…
‘E-Sourcing Execution’ Competitors: Defining the Market Landscape (Part 3) — Specialist Vendors - [PRO Content]
May 13, 2020 | Magnus Bergfors
It’s time to look at the “e-sourcing execution” vendors that compete with a smaller, specialized set of offerings. In Part 2 of this Spend Matters PRO series, we focused on the suite providers in this market because, as you’ll recall, there are two distinct sets of vendors that offer e-sourcing execution functionality, the S2P providers…
‘E-Sourcing Execution’ Competitors: Defining the Market Landscape (Part 2) — Suite Vendors - [PRO Content]
May 12, 2020 | Magnus Bergfors
There are two distinct sets of vendors that offer “e-sourcing execution” functionality, the S2P providers that also offer P2P suites and the more specialized sourcing suite vendors that don’t. The variety in the second group is bigger and varies from vendors that also sell contract management or supplier management on a standalone basis to vendors…
‘E-Sourcing Execution’ Competitors: Defining the Market Landscape (Part 1) — Introduction - [PRO Content]
May 11, 2020 | Magnus Bergfors
“E-sourcing” emerged as a term in the 1990s as Freemarket and others developed solutions to enable organizations to negotiate online. The problem now is that sourcing, and especially strategic sourcing, encompasses more than what the traditional e-sourcing solutions supported. We are therefore introducing the term “e-sourcing execution” solutions that in our opinion more accurately reflects…
Coupa buys ConnXus: Product Background and Deal Rationale - [PRO Content]
May 4, 2020 | Nick Heinzmann
Coupa announced Monday it has acquired ConnXus, an Ohio-based provider of supplier relationship management and diversity solutions, for an undisclosed sum. The deal continues Coupa’s ongoing R&D investment augmented by its corporate development streak. Over the past 18 months the San Mateo, California-based S2P provider has acquired five firms, including another in the SRM space,…
EC Sourcing: Vendor Analysis 2020 Update (Part 3) — SWOT, Competitors, Recommendations, Summary Analysis - [PRO Content]
April 23, 2020 | Magnus Bergfors
There is a lot of competition in the e-sourcing and strategic sourcing suite marketplace today. Granted, while new market entrants have largely if not entirely replaced some of the legacy providers from a decade or more ago, the amount of choice procurement organizations have in selecting a provider has never been greater. EC Sourcing is…
EC Sourcing: Vendor Analysis 2020 Update (Part 2) — Product Strengths and Weaknesses - [PRO Content]
April 22, 2020 | Magnus Bergfors
Many procurement organizations at larger firms will soon be on their second (or even third) set of e-sourcing technologies, with many using multiple solutions. The middle market is different, with scattered adoption and a much more recent track record of “sourcing” tools for the first time, if at all. Both trends favor lesser-known providers like…
EC Sourcing: Vendor Analysis 2020 Update (Part 1) — Background and Solution Overview - [PRO Content]
April 21, 2020 | Magnus Bergfors
This Spend Matters PRO Vendor Snapshot 2020 Update offers a refresh of our 2016 review of EC Sourcing’s solution. EC Sourcing is one of a select group of procurement technology providers targeting the middle market with an e-sourcing platform. It happens to be one of the most mature in capability, with a set of clever…
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…
ProcurePort: Vendor Analysis (Solution Overview, Strengths/Weaknesses, SWOT, Market Analysis) - [PRO Content]
April 2, 2020 | Nick Heinzmann
This Spend Matters PRO Vendor Introduction offers a candid take on ProcurePort and its capabilities. The brief includes an overview of ProcurePort’s strategic sourcing offering, a breakdown of what is comparatively good (and not so good) about the solution, a SWOT analysis and a selection requirements checklist for companies that might consider the provider. ProcurePort…

Procurement Leaders moves its event to the fall as a coronavirus precaution : Loqualist said : Tough times for business. Entreprises have to be strong. Where can we find the exact new dates for t...

AI will shift our industry even more than the internet did 20 years ago. Here’s why. : Peter Smith said : "AI will shift our industry even more than the internet did 20 years ago" Nope. Don't think s...

The state of dynamic discounting in B2B payments : David Gustin said : Yes, because they do not offer an einvoicing or AP automation software. They are more a Treasury to...

The state of dynamic discounting in B2B payments : Robert Solomon said : Hasn't C2FO made an entire business based on taking gain share from dynamic discounting?...

5 Tips and Considerations for Your Next Spend Analysis RFP : Puneet Jain said : What is a typical spend threshold when a company should go for an RFP for sourcing indirect purchase...