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Dear Procurement: In coronavirus era, carpe diem with tech from your sofa!
April 6, 2020 | Michael Lamoureux
Spend Matters analyst Michael Lamoureux tells how procurement pros can do their high-level work from home with the latest technology. Cloud-based solutions — and I’m not just talking about Zoom — can help turn your sofa or kitchen table into a mobile procurement command center to handle category planning, vendor site audits, user groups &…
SolutionMap update for Spring/Q1 2020 ranks 69 procurement technology vendors and adds AP Automation category
March 24, 2020 | Spend Matters Team
Spend Matters today has updated its free SolutionMap benchmark rankings for the new Spring/Q1 2020 release. The latest SolutionMap compares 69 procurement technology providers across 13 categories — which includes a new ranking map for Accounts Payable (AP) Automation vendors. Six providers are featured in the first AP Automation category, which reflects the growing importance that…
What’s the Price: Expert product cost management vendor review — a PRO Collab brief - [PRO Content]
March 3, 2020 | Eric Hiller
Editor’s note: This vendor review of What's the Price is the first in our "PRO Collab" series. Spend Matters will be inviting our expert friends in the industry to collaborate with us and complement our PRO coverage of the procurement, finance and supply chain solution landscape. Eric Hiller, the most knowledgeable person we’ve ever met…
McKinsey buys Orpheus: Valuation Estimates, Product Strengths/Weaknesses and Implications for the Firm & Its Clients
February 13, 2020 | Jason Busch
This month, McKinsey announced it was acquiring Orpheus, a regional yet specialized (and highly capable) spend and procurement analysis provider based in Germany. For a primer on Orpheus and the acquisition, see our initial Nexus coverage. Long-time subscribers to Spend Matters PRO and SolutionMap Insider (analytics) know that analytics represents a set of capabilities that…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 3 — Labor/Services and Transportation) - [PRO Content]
February 12, 2020 | Spend Matters Analyst Team
Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So to help practitioners get a better lay of the category intelligence and analytics landscape, Spend Matters has begun a market scan of technology, data/benchmarking…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 2 — Direct Materials, Indirect Materials and Cross-Category Specialists) - [PRO Content]
February 11, 2020 | Spend Matters Analyst Team
Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So to help practitioners get a better lay of the category intelligence and analytics landscape, Spend Matters has begun a market scan of technology, data/benchmarking…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 1 — Introduction) - [PRO Content]
February 10, 2020 | Spend Matters Analyst Team
If data is the new oil, then identifying the reservoirs and shale formations from which to extract prices, benchmarks and other pertinent purchasing information is a critical task for procurement and supply chain organizations. Why? Because the success of any sourcing effort depends on not just identifying the appropriate specifications and suppliers to satisfy a…
Omnia acquires InsightGPO: Putting M&A at the center of a growth strategy
January 24, 2020 | Jason Busch
This week, Omnia Partners announced it was acquiring InsightGPO, the group purchasing organization arm of Insight Sourcing Group. According to the announcement, the transaction closed on Dec. 31, 2019. Prior to the definitive agreement, “InsightGPO was one of five divisions of Insight Sourcing Group,” which provided its “clients with highly targeted offerings for office supplies,…
2020 predictions from procurement software experts SAP Ariba, SAP Fieldglass and more
January 3, 2020 | Spend Matters Team
We’re continuing our compilation of 2020 predictions from experts in the procurement software market — with a look at what executives from SAP Ariba and SAP Fieldglass have to say. Spend Matters Europe Editor Nancy Clinton has collected 2020 predictions from a range of procurement software experts, including the source-to-pay suite provider SAP Ariba and…
2020 predictions from procurement software experts like Basware, Ivalua, Efficio and more
January 2, 2020 | Spend Matters Team
Spend Matters Europe Editor Nancy Clinton has collected 2020 predictions from a range of procurement software experts like Basware, Ivalua, Efficio, VORTAL, State of Flux and more. The posts have run on the days leading up to the New Year, and more will run in the coming week. Here, we've consolidated the predictions and provided…
2019’s top 5 most-viewed Nexus posts: 20 Tips; Workday-Scout RFP deal insights; Icertis and the red hot CLM market
December 31, 2019 | Spend Matters Team
In July, Spend Matters Founder Jason Busch launched Spend Matters Nexus — his focus on the M&A and business side of the procurement technology market. Here’s how he describes it: “The Nexus membership program is designed for investors/acquirers (private equity, corporate development, etc.) and solution provider CEOs in the procurement and finance technology/solution ecosystem. Membership…
20 Tips to Maximize Private Equity, Investment and Strategic Buyer Outcomes (Part 9: Defining the ‘Post-Close’ Plan) - [PRO Content]
December 31, 2019 | Jason Busch
In this Spend Matters Nexus brief, we’ll look at our final tip (No. 20!) for sellers to get the most from a liquidity event when raising a large growth capital round or selling to private equity or strategic buyers. This tip, defining the “post-close” plan, may seem like a simple follow-on effort that you can…

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in : JP Morris said : Fiverr isn't in SolutionMap yet, but maybe it will join for a future release. Spend Matters does ext...

SolutionMap easy-lookup chart: Grid shows all 69 vendors and the procurement technology category they’re in : Darcy said : Should fiverr be on the list?...

“Ariba Doesn’t Have Customers, It Has Prisoners” : Kerry said : Thank god there are other people that understand that Ariba scams small businesses by charging them ...

Coupa CEO implores procurement pros to lead businesses through the coronavirus crisis : Jason Busch said : Joe, You are entitled to your opinion. But what I will say is that folks like Coupa (via a joint bu...

Coupa CEO implores procurement pros to lead businesses through the coronavirus crisis : Joe Harold said : Been a long time since I have seen such a badly pitched article. Apparently Coupa are positioning th...