Avetta, Browz to Combine Their Supply Chain Risk Management Companies

Two providers of supply chain risk management, Avetta and Browz, announced Thursday that they’re joining forces under the Avetta name to serve a combined 85,000 clients. Terms of the deal were not disclosed. Avetta CEO John Herr, who will lead the combined companies, said in an interview that the company will now have the “critical mass” in staff, clients and geography to expand and compete in existing areas and new markets. Herr said the global marketplace for supply chain risk management solutions is valued at $14 billion and that it has a lot of room for growth.

AP Automation: 5 Ways to Lead the Transformation

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According to research from McKinsey and Co., 70% of all transformations fail. But it doesn’t have to be that way. One of the biggest challenges facing a company that will be transitioning to AP automation is getting buy-in across the organization. Sure, management is happy because they are hopefully cutting costs and improving process efficiency, but what about the human aspect of change management? You can change the process, but how do you change minds to solidify that change? We’ve put together a list of strategies to help you lead the way and make the transition easier.

Business Intelligence to Transform Procurement