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Great acquisitions — and how technology helps us avoid bad buying
November 11, 2020 | Guest Contributor
Anyone who reads Spend Matters knows that technology makes a vital contribution to effective procurement these days. Not using it properly can also lead to problems, and in my new book, "Bad Buying — How Organisations Waste Billions Through Failures, Frauds, and F*ck-ups," I talk about some issues where technology can undoubtedly help us avoid…
Procurement in Practice — JSC Ukrainian Railways CPO talks to Spend Matters
November 9, 2020 | Nancy Clinton
For our new monthly CPO interview series, Spend Matters' Nancy Clinton talks with Sergii Dovgalenko, an experienced procurement strategist and transformation executive. He is also a licensed tutor and author — his most recent book being “The Technology Procurement Handbook: A Practical Guide to Digital Buying." Prior to being CPO of JSC Ukrainian Railways, he…
Trax CEO: Transportation spend management is next technology sector to see a boom
November 5, 2020 | JP Morris
To explore technology and transportation, we talked with Hamp Wall, the CEO of Trax Technologies, a transportation spend management firm that comes from a private equity merger of two family-owned businesses. Trax focuses on the technology that targets activities once a shipment is picked up from the shipper and delivered to the customer. “Transportation spend…
LLamasoft and Coupa: Exploring Procurement, Finance and Supply Chain Use Cases for Today and Tomorrow - [PRO Content]
November 4, 2020 | Spend Matters Analyst Team
In our Spend Matters PRO coverage of Coupa’s acquisition of LLamasoft, we have defined and explored the linkages between direct procurement and supply chain functions and provided a functional overview of LLamasoft’s offerings and their connections to procurement. In this analyst article, we turn our attention to use cases for the solutions today, as well…
Coupa’s Biggest Acquisition Yet (Part 1) — LLamasoft Transaction Overview, Initial Musings and Deal Tailwinds
November 2, 2020 | Jason Busch
Earlier this morning, Coupa announced it was acquiring LLamasoft in a $1.5 billion transaction (with the deal expected to close Nov. 2, 2020 — today). My colleagues on the analyst team at Spend Matters PRO are covering the transaction from a procurement and supply chain practitioner perspective. In short: what it is, why it matters…
Coupa acquires LLamasoft: Defining and Exploring the Overlap Between Direct Procurement and Supply Chain - [PRO Content]
November 2, 2020 | Spend Matters Analyst Team
To understand the points of intersection between Coupa and LLamasoft, we must first understand the intersection between procurement and supply chain. These two functions are distinct within most companies. Procurement activities are historically centered on managing commodity and category spend, negotiating with suppliers, putting contracts in place, managing onboarding and compliance, and tactical/transactional buying. According…
Coupa acquisition: A functional overview of LLamasoft’s supply chain design offering and its intersections with procurement solutions - [PRO Content]
November 2, 2020 | Spend Matters Analyst Team
Just what do the functional intersections of direct materials procurement and supply chain solutions look like? In the case of Coupa and LLamasoft, there are a number of fascinating use cases that can bring procurement and supply chain teams together — and that in fact LLamasoft has been addressing in a more limited fashion independent…
Direct spend management can help wrangle manufacturing needs, weather coronavirus crisis
September 22, 2020 | Spend Matters Brand Studio
Procurement technology often gets noticed for its cost-cutting abilities with indirect spend, but the COVID-19 disruption has highlighted the value of other features, like supplier relationship management, supply chain collaboration and working capital management. And manufacturers should take notice because direct spend management holds just as much savings opportunity as indirect spend, but manufacturers often…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation (Part 3) — Digitally Enabled Engagement, Outcomes, Demand and Spend - [PRO Content]
September 22, 2020 | Pierre Mitchell
In the first installment of this Spend Matters PRO series, we kicked off our analysis of how progressive organizations are influencing spend and stakeholders at a deeper level beyond traditional sourcing influence. In Part 2, we discussed how progressive procurement organizations were improving their influence through coherent communication and alignment of procurement “services” to various…
Why now is the time to transform procurement - [Sponsored Article]
September 15, 2020 | Ian Thompson, UK General Manager, Ivalua
The need to increase supply chain sustainability, boost profitability and mitigate supplier risk in the wake of COVID-19 has turned procurement from a cost-cutting department to a strategic arm of the business. Recent research found most procurement professionals believe colleagues consider them to be a key business partner, contributing significant strategic value (67%). Ian Thompson…
Afternoon Coffee: Coupa reports strong earnings; Brightfield launches Workforce Intelligence Report series; Campbell Soup forecasts supply chain issues
September 9, 2020 | Sally Ehrmann
In today's headlines, Coupa released its earnings report, showing a year-over-year increase in total revenue and subscriptions. In other news, Brightfield — a provider of talent data analytics — just launched a new report series on the contingent workforce environment. Also, Campbell Soup Co. expects supply chain disruptions through November — the peak of soup…
Oversight Systems — TCV acquisition, spend compliance intro and sector musings
September 3, 2020 | Jason Busch
On Wednesday, Oversight Systems announced that TCV, a private equity firm, had acquired a majority stake in the provider of spend compliance solutions from Luminate, the previous investor. Oversight competes in the spend compliance market, a clever overlay that sits alongside — or on top of — source-to-pay process and data flows, primarily for indirect…

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“Ariba Doesn’t Have Customers, It Has Prisoners” : Bryan Nobbe said : Hopefully I am not too late to the party. Two of my current customers are pushing the Ariba network...

You can't optimize for products that are a rounding error in a broader P&L : Jason Busch said : I always consider that Thatcher quote my litmus test for people. Anu, I thought I liked you ... kidd...

You can't optimize for products that are a rounding error in a broader P&L : anu gardiner said : I agree with Kevin Brooks. Process improvement tools (e-procurement, AP automation) and optimization...

Where is Orbian Now? : Richard Page said : Great to see how successful Orbian has become. As one of the original two SAP Board Members, Ha...

How to Interpret SolutionMap Procurement Provider Technology Rankings : Karissa said : Thanks for finally writing about > How to Interpret SolutionMap Procurement Provider Technology...