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Why would Medius buy Wax Digital? (Part 4: Strategy and competitive landscape analysis for procurement and ERP vendors)
November 25, 2019 | Jason Busch
This Spend Matters Nexus research brief explores the potential competitive impact of the Medius and Wax Digital combination on the procurement and ERP vendor landscape. It also explores the strategies that some providers within these groups are already pursuing (or may pursue) in response to customer requirements, competitive pressures and the desire to expand the…
Workday’s acquisition of Scout RFP (Part 2: ERP competitors analyzed)
November 5, 2019 | Jason Busch
Yesterday, the finance and HR solutions provider Workday announced it was buying Scout RFP, an easy-to-use sourcing solution. You can find previous free coverage on the transaction on Spend Matters here and here. In our first Nexus subscriber brief covering the procurement technology sector’s M&A news, we offered background on Scout, explored the provider’s strengths…
SRM and tariffs: Supplier relationship management provides dream ticket to control purchasing in a complex international landscape
September 5, 2019 | Guest Contributor
Purchasing is a core part of any business. That means software that can address the whole purchasing value chain and integrate closely with key areas of an organization is a real bonus for companies looking to expand their operational flexibility with suppliers. Applications such as supplier relationship management (SRM) provide the answer, limiting non-value-added work,…
SourceDay: Vendor Analysis, Analysis and SWOT - [PRO Content]
April 17, 2019 | Nick Heinzmann and Pierre Mitchell
The broader procurement technology market has always had a tenuous relationship with the direct procurement technology solutions. Old timers may remember SupplyWorks from the early 2000s, but it folded — and the SupplyWorks brand name now belongs to a janitorial/sanitation service provider (we won’t go down the easy joke paths on this one). More recently,…
Why ERP Does Not Suck Anymore for Procurement Technology*
March 28, 2019 | Jason Busch
It’s time to truly write off the ERP past with two of the top ERP providers. SAP Ariba has doubled-down not only on core capability packaged approaches to accelerate adoption — and in the case of SAP Ariba, performs at the top of many of the SolutionMap functional rankings — but also next generation technology.…
Where to Start When Identifying ERP Solutions
March 5, 2019 | Guest Contributor
When you find yourself tasked with figuring out what ERP solution you are going to on-board for your organization, you do a quick search and find there are dozens of vendors offering a variety of ERP solutions. Where do you start in your process of determining which of these vendors and platforms would be best…
The Bonfire Customer Experience: What Makes It Great (Sourcing SolutionMap Analysis)
February 19, 2019 | Spend Matters Analyst Team
Usability is proving the single most important killer app for the next wave of sourcing technology adoption. And providers such as Bonfire are proving that absolute feature/function capability alone is less important than providing an optimally rich user and customer experience that will maximize adoption and customer satisfaction. This is not a new strategy. Bonfire…
ERP vs. Best-in-Class Spend Management Solutions: Making the Tough Choice
January 10, 2019 | Guest Contributor
Spend Matters welcomes this guest post from RiseNow Managing Partner Matt Stewart. With an endless list of options in the procurement software space, how is it possible to choose between spend management solutions like Ariba, Basware, Coupa and Jaggaer? Should you even consider such options when your existing enterprise resource planning (ERP) system is capable…
T&E Benchmarks: How Does Your Company’s Technology Compare on Handling Travel & Expense Reporting?
December 6, 2018 | Kyra Senese
Companies in the U.S. spend hundreds of billions of dollars annually on travel and entertainment — and a study from Certify Inc., an expense report software company, surveyed executives and finance leaders to get a snapshot of how many still use manual methods versus how many have upgraded their T&E management technology. In the study,…
SourceDay Gets $6.5 Million Investment for Its Direct Spend Solution
December 5, 2018 | JP Morris
Procurement software provider SourceDay on Wednesday announced it has received $6.5 million in Series A funding from three capital venture firms. SourceDay said it has now raised $10.8 million since the 2015 launch of its software-as-a-service cloud platform, which automates direct spend management, purchase order management and supplier collaboration. The provider integrates its solution with…
ERP Systems Under Pressure as Internet of Things (IoT) Piles on the Data, Survey Finds
November 19, 2018 | Alex Behrens
As the industrial internet of things (IoT) integration grows more complex and the cost of broad-based IoT integration and monitoring continues to fall, businesses are becoming aware of the limitations of their enterprise software in making use of IoT data, a survey finds. IoT involves the monitoring of all aspects of manufacturing or a business…
How to Hack Your ERP and Create Competition for P2P Suite Providers
November 2, 2018 | Guest Contributor
Spend Matters welcomes this guest post from Doug Hudgeon, a business automation expert. P2P software is painful to buy and painful to implement. In order to get the biggest benefit, you need to rip the purchasing spinal cord out of your company and replace it with an end-to-end P2P system. This is a big project,…

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...

‘The answer to a better nation is supplier inclusion’ : Donna Wilczek said : Very true. The existing silos between teams limit supplier inclusion program impact. Making the supp...

‘The answer to a better nation is supplier inclusion’ : Daryl Hammett said : Robert, I agree. We should pivot from the old mindset of Maintenance, Repair, and Operating Supp...