P2P Content

Future 5 start-up winner Prewave talks risk intelligence and the role of social media

Prewave, a risk intelligence platform, has taken a unique approach to supply chain risk management by monitoring social media, news media and third-party data feeds and was recently named a Future 5 start-up by Spend Matters. We chatted with Prewave’s co-founder and managing director, Harald Nitschinger, to learn more about the solution and to get a first-hand understanding of just what it means to be selected as a Future 5 start-up.

Future 5 start-up winner Teampay talks spend management unification

Teampay, a procurement spend management solution, is becoming known as a modern variation on the e-procurement world, and was also recently named a Future 5 start-up by Spend Matters. We chatted with Teampay’s CEO Andrew Hoag to learn more about the solution and to get a first-hand understanding of just what it means to be selected as a Future 5 start-up.

Future 5 start-up winner Trakti talks blockchain-integrated contract lifecycle management

Trakti, a contract lifecycle management specialist, is becoming known for its “digital native” contract negotiation and management platform that makes CLM fully digitized, and was recently named a Future 5 start-up by Spend Matters. We chatted with Trakti’s CEO and co-founder, Luigi Telesca, to learn more about the solution and to get a first-hand understanding of just what it means to be selected as a Future 5 start-up.

Future 5 start-up winner graphiteConnect talks increasing importance of supplier networks

graphiteConnect has become known for its data library used for supplier relationship and risk management, and was recently named a Future 5 start-up by Spend Matters. We chatted with graphiteConnect’s founder and CEO, Conrad Smith, to learn more about the solution and to hear first-hand just what it means to be selected as a Future 5 start-up.

Future 5 start-up winner Utmost talks extended workforce solutions

Utmost, a contingent workforce and services procurement specialist, has made waves in the contingent services market with its extended workforce system, and was recently named a Future 5 start-up by Spend Matters. We chatted with Utmost’s co-founder and COO, Dan Beck, to learn more about the solution and to get a first-hand understanding of just what it means to be selected as a Future 5 start-up.

2020’s Future 5 start-ups: Spend Matters announces standout newcomers in procurement technology

Spend Matters has always been committed to covering the bleeding edge of procurement technology, highlighting not only the established market contenders at the table but also some of the most exciting procurement technology start-up companies in the world. We’re thrilled to announce the second annual “Future 5” today.

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Global trade trends and their impact on procurement

As businesses settle into their “new normal,” we at Basware commissioned a report with the Economist Intelligence Unit (EIU) to dive into the latest global trade trends and topics that executives are most concerned about. Together with Pete Swabey, Editorial Director of EMEA Thought Leadership, we looked at what these trends mean for procurement and finance professionals and identified three themes procurement should prioritize to minimize disruptions to their supply chain and day-to-day business.

Analytics at the Core of P2P and E-Invoicing: Bridging the A/P, Finance and Procurement Gap [PRO]

One of the key elements of advanced analytics is not just increasing dataset complexity (e.g., adding more and more source data, like back-end financial systems and card-payment data) but rather exploring the key intersections and trending of the combinations of assets. “Big data” is almost a misnomer in this context. The queries and visualizations that sit on top of slices of the underlying dataset combinations are even more valuable.

Exploring A/P and Procurement Best Practices at P&G: Lesson 3

The third lesson to remember is that the invisible hand needs to make invisible opportunity visible. Even when companies strive to simplify the value chain, there are still opportunities, albeit they tend to be hidden and difficult to find. P&G has employed many typical strategies for creating value in the P2P process, including an ERP backbone "wrapped" with appropriate best of breed solutions, a supplier portal strategy and others.