Viewing Industry News tagged with 'PRO'

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Let the bots battle to their elimination. They won’t help you either! - [PRO Content]
December 14, 2020 | Michael Lamoureux
Editor’s note: This Spend Matters PRO post has been unlocked to continue our exploration of how to get the most value out of your procurement technology and to provide a sample of the depth we go into in our PRO material. In our piece titled “Have You Mastered the Procurement Basics yet?” we explained how…
The Direct Sourcing of Workers/Services (DSW/S) Solution Market Landscape - [PRO Content]
December 8, 2020 | Andrew Karpie
Spend Matters Contingent Workforce/Services SolutionMaps are made up of three maps covering the main enterprise software solutions used by organizations to manage contingent workforce and services (CW/S) procurement. These three maps represent purpose-built solutions for: Temporary Staffing (solutions known originally as VMS (vendor management system) has been the key enterprise technology for over 25 years)…
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…
2019 M&A and Investment Dynamics For Procurement Technology and Solutions: Segmenting the Market (Part 2) - [PRO Content]
June 27, 2019 | Jason Busch
By Spend Matters’ count, there are hundreds of cloud technology providers in the procurement technology sector, and well over a thousand if you count providers with a solution orientation (which may include market/category intelligence, consulting, advisory and related capabilities). Investor and M&A interest across this landscape of providers — from both strategic and financial buyers…
SAP Intelligent Spend Group is future for Ariba, Fieldglass, Concur (Part 1): Customer Analysis, Solution Integration, Roadmap - [PRO Content]
May 23, 2019 | Spend Matters Analyst Team
Late in April, SAP announced that it was bringing its procurement assets under a single operating umbrella. The announcement of the new business unit, tucked into the body of a press release with the headline of a leadership promotion, notes that the “SAP Intelligent Spend Group” will be “comprised of SAP Ariba, SAP Fieldglass and…
If Ivalua is now a yardstick, how do competitors like Coupa, SAP Ariba, Oracle measure up to it? - [PRO Content]
May 22, 2019 | Jason Busch
At Spend Matters, most of our time is spent actually looking at solutions and evaluating and validating detailed RFI responses. So when a procurement organization asks us, for example, “how does SAP Ariba compare to Coupa for source-to-pay,” we can provide a detailed explanation across hundreds of different functional specifications and customer satisfaction benchmarks about…
Upwork’s Share Price Slumps, But Online Staffing Platform Soldiers On (Part 1) - [PRO Content]
May 16, 2019 | Andrew Karpie
Being a public company is not always easy, with performance vs. market expectations being put under the microscope every quarter. And Upwork (NASDAQ: UPWK), the global online freelancer marketplace and managed services provider, found that out Wednesday, May 9, after it announced its Q1 2019 financial results, which seemed to pack few, if any, surprises.…
Coupa to Acquire Exari: What Type of CLM Solution Is Coupa Getting? (Part 1) - [PRO Content]
April 16, 2019 | Jason Busch and Pierre Mitchell
Coupa just announced that it intends to acquire Exari, a leading provider of contract lifecycle management (CLM) solutions. Terms of the deal were not provided, but with Exari having almost 150 employees, it’s not unreasonable that the private firm would have over $30 million in revenues and a deal size valued at just over nine…
Business Talent Group: A Specialist in Sourcing High-end Independent Talent - [PRO Content]
October 31, 2018 | Andrew Karpie
Business Talent Group (BTG), which launched in late 2007, is a unique direct-sourcing, flexible talent intermediation solution focused specifically on “high-end” business talent and the organizations that need to engage this talent on a project basis. Over the past several years, online platform intermediaries of various kinds have captured the spotlight. But BTG has not…
Upwork Post-IPO Rising: A Next-Gen Staffing Industry Analysis - [PRO Content]
October 23, 2018 | Andrew Karpie
On Oct. 3, 2018, Upwork became a public company listed on the Nasdaq exchange. Its stock was offered at $15 per share and has since been trading in the $19 to $21 range, giving it a market valuation on the order of $2 billion. This was a company that emerged from a new segment of…
ADP and the Future of Work (Part 3) — Strategy Explanation - [PRO Content]
October 22, 2018 | Andrew Karpie
In Part 1 of this Spend Matters PRO series, we summarized ADP’s business characteristics, its market and financial strength, and its increased investment in innovation R&D as a backdrop and foundation for the pursuit of its future-of-work strategy. In Part 2, we examined the significant technology developments and recent strategic acquisitions that make up key…
Apttus Acquired by Thoma Bravo: Can a One-Time Sell-Side ‘Unicorn’ Become a Viable Pony for Buy-Side CLM? - [PRO Content]
September 25, 2018 | Pierre Mitchell
Apttus announced recently that it would be acquired by private equity firm Thoma Bravo. Calling itself a leader in the “middle office,” Apttus offers a platform primarily focused in the area of configure, price, quote (CPQ), but it also supports enterprise contract lifecycle management (CLM). The terms of the acquisition were undisclosed, but given the…

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Incremental to exponential: 5 overlooked benefits of procurement automation : Michael Shaw said : Good summary. Great points, Alan....

Modernizing the healthcare supply chain in the coronavirus era : Jam Saeed Ahmed said : yes, investments in advanced manufacturing capabilities make it easier to build products in the Unit...

'Sell me this procure-to-pay solution' : Thierry Jaffry said : I truly agree with Mark's analysis. And I would add a couple of things from the SI point of view: mo...

What Really Drives Valuation For Technology Companies These Days? : Pranav Trivedi said : Interesting read indeed !...

'Sell me this procure-to-pay solution' : Jason Busch said : To be revisited! I've been involved in far too boring stuff of late, but I too look forward to the r...