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Community-based Procurement — Get a Buy with Some Help from Your Friends (Part 1) - [PRO Content]
September 16, 2019 | Pierre Mitchell
The Oxford dictionary defines “community” as “a group of people living in the same place or having a particular characteristic in common” and secondarily as “a feeling of fellowship with others, as a result of sharing common attitudes, interests and goals.” Procurement practitioners inherently have kinship with each other based on shared experiences, pain, rewards…
Tradeshift’s customer reviews are in the new SolutionMap Customer Insights report
June 19, 2019 | Spend Matters Team
This week’s SolutionMap Customer Insights report focuses on customer reviews of Tradeshift, which is known for its marketplace service, global invoice processing, payment capabilities and financing support. Tradeshift’s applicable SolutionMap categories for this report are in E-Procurement, Invoice-to-Pay and Procure-to-Pay.
Exploring Basware’s Artificial Intelligence (AI) Capabilities and Roadmap: Something For AP and Procurement (Part 3) - [PRO Content]
May 30, 2019 | Jason Busch, Xavier Olivera and Nick Heinzmann
Artificial intelligence is starting to transform the value proposition of procurement and finance technologies. But it is not just start-ups that are building new capabilities and gaining momentum. Procure-to-pay stalwarts like Basware are making significant investments in the area as well. This Spend Matters PRO brief explores where Basware’s AI investments are appearing in its…
3 Ways to Tell a Story from Your Procurement Data with Amazon Business - [Sponsored Article]
April 16, 2019 | Barath Balasubramanian, Amazon Business
Procurement leaders want their purchasing decisions to be driven by lessons and insights gained from their organization’s order history data. Gone are the days where the post-purchase data was used only for accounting and reconciliation purposes. With thousands of employees buying on Amazon Business, procurement organizations realize that they can do more with this data.…
7 Half-Truths Purchase-to-Pay Providers Are Telling You - [Sponsored Article]
April 9, 2019 | Jeff Meredith, Basware
I spend a lot of time in product demos, discussing product features and functionality with the analyst community, digging into technology, and harassing our pre-sales team. I’ve gained a wealth of knowledge about purchase-to-pay software – more than you probably want – but what I’ve also learned is that there are some slippery providers out there. They…
Achieving a Personalized Buying Experience for Businesses - [Sponsored Article]
January 29, 2019 | Doug Cerny, Amazon Business and Srikanth Avadhanam, Amazon Business
Today’s technology enables fine-grained customization and personalization. When applied correctly, personalization can lead to a better customer experience and higher sales or engagement. If applied poorly, it can detract from the user experience, causing frustration and possibly missed sales. In this article, we’ll walk through some of the personalization that can be enabled when using…
B2C E-Commerce Has Some Lessons for B2B Platforms Being Built, Report Finds
December 20, 2018 | Spend Matters Team
As B2B e-commerce platforms try to match the level of maturity found in B2C systems, a recent report takes a snapshot of how CEOs, chief digital officers and innovation executives are investing in technology, which innovation they’re pursuing and how they’re making those decisions. In addition to that benchmarking aspect, a trend emerges in how…
Coupa-Aquiire Deal Highlights Key Change: Marketplace E-Procurement Models Aren’t One-Size-Fits-All Anymore
October 25, 2018 | Tom Finn
Spend Matters’ recent coverage of Coupa’s purchase of Aquiire details Coupa’s acquisition rationale and the general wisdom of its decision — but the deal also calls attention to a useful context that evaluators of “Amazon-like” e-procurement systems would be well served to understand. As these systems are tailored for different industries, they should be evaluated…
‘Just Coupa It’: By Buying Aquiire, Coupa Targets Google-like Search and the End of Punch-Outs - [PRO Content]
October 16, 2018 | Nick Heinzmann and Pierre Mitchell
Coupa announced its latest acquisition Monday with its purchase of Aquiire, a provider of e-procurement and procure-to-pay software. The deal brings to Coupa’s business spend management suite — which now includes support for e-procurement, P2P, source-to-pay, travel and expense management, and services procurement — many of the latest features for front-end shopping and catalog management,…
10 Questions to Ask in a Purchase-to-Pay Demo - [Sponsored Article]
October 11, 2018 | Andrea Fair, Basware
Sometimes cleverly crafted demos can gloss over important nuances or mask inadequacies, which can cause major problems later during implementation — and the dreaded scope creep. So, here are some areas that I recommend digging into and questions to ask during a purchase-to-pay demo.
5 Reasons Supply Base Rationalization Can Be the Enemy of Effective Procurement Spend Management
August 14, 2018 | Nick Heinzmann
Traditionally, procurement organizations have been advised to consolidate their supplier base (with the handful of suppliers with the greatest percentage of purchases), negotiate strong contractual discounts and encourage their employees to purchase from these preferred vendors at the prenegotiated pricing. On the surface, rationalizing an organization’s supply base can seem like an effective way to…
The 5 Key Benefits of Effective Buying
August 10, 2018 | Guest Contributor
A wealth of worthwhile benefits can be gained through adopting an effective buying approach. By making just small changes in our approach to buying, we can expect to see significant value and benefits as a direct result. You might ask why you should do anything differently at all when individuals and organizations already manage to buy well…

Has Your Company Considered Outsourcing Your HR Business Processes? : Kathyrine Peterson said : Our company does not depend on outsourcing we have our HR staff. but I think there is still a lack o...

“Ariba Doesn’t Have Customers, It Has Prisoners” : Steve Saxon said : Freemarket is a similar firm that buys goods online with supplier agreements locked up. No problem a...

Afternoon Coffee: Amid COVID-19, the services PMI grows slower in August; Unemployment claims fall this week; Autonomous trucking gains ground : Kevin Melton said : I wonder whats the cost of autonomous fleets and people being replaced. It dosnt seem like it would ...

Re-evaluating the cash conversion cycle in the COVID-19 era : Dino Solari said : NOTHING WILL BE LIKE BEFORE Impact of the virus corona (COVID-19) on the DSO A simple question. If...

Re-evaluating the cash conversion cycle in the COVID-19 era : Dino Solari said : se il fatturato nel post covid è crollato e i pagamenti hanno subito rallentamenti come si fa a calc...