Viewing Procurement Research tagged with 'PRO'

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Artificial intelligence levels show AI is not created equal. Do you know what the vendor is selling? - [PRO Content]
June 30, 2020 | Michael Lamoureux
Just like there are eight levels to analytics as mentioned in a recent Spend Matters PRO brief, artificial intelligence (AI) has various stages of the technology today — even though there is no such thing as true AI by any standard worth its technical weight. But just because we don’t yet have true AI doesn’t…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 4 — IT, Marketing and Should-Cost Software) - [PRO Content]
February 14, 2020 | Spend Matters Analyst Team
This final PRO installment of Spend Matters’ assessment of category analytics and category intelligence looks at providers focused on IT, marketing and should-cost modeling/analysis. 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…
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…
2020 Procurement Predicaments and Predictions — Part 1 (Series Wrap-Up) - [PRO Content]
January 30, 2020 | Pierre Mitchell
As the first month in 2020 is drawing to a close, the holiday season is a distant memory and sleeves are being rolled up in earnest. As such, we’ll wrap up the Spend Matters analysts’ 2020 procurement predictions series for PRO subscribers as we look forward to this new year and new decade. We’ll first…
Segmenting the Procurement Tech Market: A Simple Visual Guide to Picking the Right Software Tools - [PRO Content]
January 7, 2020 | Spend Matters Analyst Team
Identifying potential software vendors that fit your procurement organization’s current (and possibly future) needs is unfortunately easier said than done. We won’t place all the blame on any one instigator, but the Google search algorithm is doing more harm than good when directing technology evaluators toward “definitive” directories for procurement solutions. Many of the top…
E-Procurement Tech Selection and the CIO Friendly Persona: Analysis & Commentary - [PRO Content]
December 24, 2019 | Xavier Olivera
The e-procurement solutions market has been growing for the last seven years. Because of this rapid growth, the market is also fragmented, with numerous vendors competing for procurement organizations’ attention. Yet no one vendor is an ideal fit for all companies, due to the unique requirements of different organizations’ sizes, industry/vertical and prior technology investments…
Workday and Scout RFP: Customer Recommendations - [PRO Content]
November 12, 2019 | Pierre Mitchell and Jason Busch
This Spend Matters PRO research brief provides analysis in support of Workday and Scout RFP customers following last week’s news that Workday is acquiring the sourcing provider. Previous coverage of the transaction with content aimed at CEOs, strategy / corporate development leaders and investors can be found on Spend Matters Nexus (see Part 1, Part…
Mintec: Vendor Analysis (Part 1 — Background and Solution Overview) - [PRO Content]
November 11, 2019 | Nick Heinzmann
No matter how well they prepare, commodity buyers can do nothing about the weather. So until a supervillain decides to make a mid-life career shift to be a SaaS vendor — weather-as-a-service (WaaS), anyone? — procurement organizations buying in the food & beverage categories will have to manage commodity price volatility as it happens. To…
E-Procurement Tech Selection and the Deep Persona: Analysis & Commentary - [PRO Content]
November 8, 2019 | Xavier Olivera
The e-procurement solutions market has been growing for the last seven years. Because of this rapid growth, the market is also fragmented, with numerous vendors competing for procurement organizations’ attention. Yet no one vendor is an ideal fit for all companies, due to the unique requirements of different organizations’ sizes, industry/vertical and prior technology investments…
Brightfield (TDX) Raises a Whopper of a Round: Analysis + Implications for Contingent Workforce/Services Technology - [PRO Content]
October 1, 2019 | Jason Busch
Earlier today, Spend Matters reported that a $53 million Series A funding round was raised by Brightfield (TDX), formerly a consulting firm that became a provider of AI-derived market intelligence for the contingent workforce/services community. Spend Matters believes the size of the round — very large for a series A — is indicative of a…
20 Tips to Maximize Private Equity, Investment and Strategic Buyer Outcomes (Part 3: Before the Process — Third-Party Validated Analysis and the Importance of Understanding the Strategic Buyer Landscape) - [PRO Content]
September 12, 2019 | Jason Busch
Aside from companies already owned by private equity firms, it is the rare solution provider — or any company — that is selling to private equity, going out for a later investment round or seeking a strategic buyer that has prepared adequately for the transaction process in such a way that the efforts will fully…

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Q&A: ‘Unless procurement takes a different view to management of services spend, it will continue to be difficult to get it right’ : Outsourced Procurement said : Procurement should always be seen as a collaboration. Whether that's with internal departments and s...

Suppliers and Ariba: Prisoners or Not? : K said : Agree!!! Suppliers should not have to pay for access to a customer mandated system. If they want us...

WorkMarket Partners to Offer Full Coverage Workers’ Compensation for Freelancers : Andrew Karpie said : Hi James, This article is from 2017. So not sure of what is the current status at WorkMarket for t...

5 Themes That Excite Me About Procurement & Finance Tech Venture Investing : Peter Smith said : Great stuff Jason. I might add that despite the maturity, there are still some major areas with big ...

WorkMarket Partners to Offer Full Coverage Workers’ Compensation for Freelancers : James Calbert said : Is this saying that, as a service provider, workers comp is covered by WorkMarket?...