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Public Spend Forum: taking back control of the supply chain, tech focus and winning contracts
October 30, 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 global government market research tool for finding and connecting with suppliers. Here's the latest from PSF: Digital transformation of the public sector starts with controlling the supply chain 4 must-do’s…
The Smart Cube-Cirtuo partnership — a game changer for category managers
October 27, 2020 | Nancy Clinton
Last month, a procurement solutions partnership was announced between two solution providers that will transform the category strategy development process for many practitioners. Long acknowledged as a time-consuming and arduous exercise full of inconsistent methodologies, category management has often time fallen by the wayside as procurement functions prioritize other processes. But that’s about to change.…
IT Supply Chain: Tech sales see some silver linings
October 13, 2020 | Guest Contributor
COVID-19 continues to depress some parts of the economy but, from a financial perspective, there were some silver linings. Sales in technology that support work and play at home were on the rise in September, giving the IT supply chain and business users some much needed respite in what has been a difficult year for…
Public Spend Forum – Public Procurement news from this week
October 9, 2020 | Nancy Clinton
Public Spend Forum talked to Kraus Hamdani Aerospace CEO & Co-founder Fatema Hamdani about the company, the problems it is solving, and how it is doing that. Under her leadership, the firm is reinventing Smart-Persistent, ultra-long-endurance drones using artificial intelligence, machine learning technology, and biomimicry. The firm develops autonomous persistent fixed-wing Unmanned Aerial Systems and…
What is driving Tipalti’s $2 billion valuation? 10 reasons AP Automation is such an attractive market
October 7, 2020 | Jason Busch
Yesterday, Tipalti announced it had raised $150 million at a cool $2 billion valuation. (See Spend Matters’ coverage of Tipalti below.*) What is remarkable about this raise and the valuation is that Tipalti, which focuses on accounts payable automation and payments, is still a relatively small firm in the procurement and finance technology sector, even…
SolutionMap Fall 2020 launches, now ranking 77 procurement technology vendors
October 1, 2020 | Spend Matters Team
Grab a comfy sweater and a hot pumpkin spice latte (don’t judge): It’s time for the latest SolutionMap release. With today’s launch of the free SolutionMap Fall 2020 release, Spend Matters’ analysts have assessed 77 procurement technology vendors, adding 12 providers since our Spring 2020 update. SolutionMap, which began in 2017, has become the definitive…
CLM specialist Agiloft gets $45 million investment, starts growth strategy with new CEO
August 17, 2020 | JP Morris
Agiloft, a specialist in contract lifecycle management (CLM), has charted a new course for itself by landing its first outside investment in the company’s three-decade history and adding new leadership, the California-based vendor announced Monday.
IT Supply Chain – smartphone sales drop, smart home-device market grows
August 17, 2020 | Guest Contributor
Ian Nethercot, MCIPS, Supply Chain Director at Probrand shares his learnings on the latest IT supply chain developments. There were some gloomy patches and brighter […]
Fiverr’s Q2 2020 financial results soar, driven by coronavirus freelance activity and other factors
August 6, 2020 | Andrew Karpie
Amid the workforce disruption of the coronavirus crisis, Fiverr’s Q2 2020 revenue grew by 82% over revenue in Q2 2019, and the company achieved positive adjusted EBITDA for the first time, said the online freelancer services marketplace and ecosystem in announcing its latest financial results Wednesday.
Market Dojo: Vendor Analysis 2020 Update (Part 3) — Competitors and Analyst Summary - [PRO Content]
August 6, 2020 | Magnus Bergfors
While the procurement technology market has changed in some ways, sourcing suites still compete in a fragmented global marketplace with everyone from large ERPs and full source-to-pay suites to well-funded startups to bootstrapped ventures. They are all competing for a growing pie, consisting of Global 2000 organizations often going to market for a second or…
Upwork’s Q2 2020 financial results demonstrate resilience amid COVID-19, but investors want more
August 5, 2020 | Andrew Karpie
Upwork, the online freelancer marketplace and workforce solution provider, released its Q2 2020 financials. The results reflect that the company has shown resilience in the COVID-19 pandemic to date. And management views the current shift to remote work and the need for a more flexible workforce as positive leading indicators for the business. But investors…
10 Theories on Procurement Technology Venture Stage Investment (Thesis 2: Marketplaces)
July 22, 2020 | Jason Busch
I love B2B marketplaces. At least intellectually. That’s why the topic of marketplaces is part of this series on early stage procurement technology investing. Thesis 1 looked at automation and vendors in that space, and today we’ll look at providers of marketplace solutions.

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You can't optimize for products that are a rounding error in a broader P&L : Alan Holland said : Here at Keelvar we decided a few years back that the problem with Optimization was twofold: it deliv...

You can't optimize for products that are a rounding error in a broader P&L : Kevin Brooks said : Love the topic, Jason & Michael! I think optimization suffers from the same marketing challenges...

Commodities Roundup: Airbus-Boeing saga continues; industrial production falls; housing starts rise : Brent Downes said : To be fair, a significant proportion (over 1/3) of the GFG Alliance claimed revenues come from the v...

SIG Summit discusses why diversity and inclusion matter in the contingent workforce : Brian Hoffmeyer said : Appreciate the article on this. incredibly important topic!...

The Contingent Workforce and Services (CW/S) Insiders’ Hot List: October 2020 : Andrew Karpie said : Thx, Saad!...