Sourcing and Categories Content

Coupa acquires Pana, another travel solution, in the suite provider’s 6th M&A deal in recent months

Coupa announced it has acquired Pana, a provider of travel booking technology and the second T&E provider that Coupa has landed in its last 14 months of heavy M&A activity.

The suite provider of solutions for business spend management (BSM) said in its earnings call last week that Pana gives Coupa more capabilities with typical travel bookings and that the company’s innovative thinking, people and culture were a good fit.

In its most recent federal 10-K filing with the SEC, Coupa said it “paid aggregate cash of approximately $48.5 million and issued 23,822 shares of our common stock” in the Pana deal. Coupa’s stock prices last week ranged from about $285 to $252 per share.

Click to read CEO Rob Bernshteyn’s thoughts on the deal.

Commodities Roundup: Steady steel production; oil price supported in the short term; housing starts cool in February

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For the buyers and category managers out there, here’s a quick rundown of news and thoughts from particular commodity markets, including coverage of steel production, oil prices, housing starts and more.

MetalMiner, a sister site of ours, scours the landscape for what matters.

SAP Fieldglass Assignment Management launches to tackle projects and track worker access, compliance and pay

SAP Fieldglass Assignment Management

SAP Fieldglass Assignment Management is a new solution that enables organizations in asset-intensive industries (like Oil & Gas, Chemicals, Utilities) to manage the execution and accounting of day-to-day plant maintenance work conducted by external workers, the provider said in a demo with Spend Matters. Read more about the benefits of tracking projects, workers, compliance and pay in near real time. And our analysts give their key takeaways from the demo.

Commodities Roundup: GFG Alliance’s financing problems; Gold price slides; Oil producers walk fine line

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For the buyers and category managers out there, here’s a quick rundown of news and thoughts from particular commodity markets, including coverage of GFG Alliance, gold prices, the ups and down of oil and much more.

MetalMiner, a sister site of ours, scours the landscape for what matters.

Commodities Roundup: Supply chain woes; Oil price gains; Housing supply falls short of demand

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Here’s a quick rundown of news and thoughts from particular commodity markets, which this week includes coverage of oil prices, housing supply and rising shipping rates.

MetalMiner, a sister site of ours, scours the landscape for what matters.

Beyond VMS: Beeline introduces its extended workforce platform

Beeline, the global, contingent and extended workforce technology solution provider, announced a strategic product shift today. The company, which has been known for its core VMS solution for two decades, is now going to market as an extended workforce platform.

Rising to the occasion: Procurement’s moment to shine and deliver value

deliver value

It used to be that procurement was all about cost savings and driving efficiencies. While those two mandates are undoubtedly still top objectives today, the highly complex, uncertain and dynamic world in which we now operate is calling on teams to drive even more value at the highest levels. Jim Bureau, CEO of source-to-pay specialists Jaggaer, explains the other ways in which procurement can add value, strategically guide the business and meet the needs of society.

Diversity and inclusion are rising to the top of corporate agendas, making procurement initiatives that drive supplier diversity, ethics and human equity even higher priority. Climate change is still a very urgent issue, putting organizations under pressure to create environmentally friendly supply chains from end to end. Ingenuity is at a premium as organizations seek ways to stand out from competitors, making procurement’s influence and relationships with suppliers critical for product, packaging and transport innovation.

Commodities Roundup: Aluminum goes green; Rare earths chess game intensifies; Electric vehicle investment in Europe

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For the buyers and category managers out there, especially those of you deep in the weeds of buying and managing commodities, here’s a quick rundown of news and thoughts from particular commodity markets, including the aluminum's industry's effort to transition to greener production processes, electric vehicle developments in Europe and more.

MetalMiner, a sister site of ours, scours the landscape for what matters.

Corcentric acquires payments specialist Vendorin for $100 million

Source-to-pay provider Corcentric today announced a $100 million acquisition of the payments technology specialist Vendorin to add to Corcentric's spend and revenue management solutions and services that help businesses shed paper checks and adopt digital B2B payment methods.

“Corcentric is following the money in B2B,” said Spend Matters Founder Jason Busch, who just wrote an analyst column on where payments vendors fit into the payments technology market. Corcentric’s acquisition of Vendorin represents a market on the move, he says. "This uniquely North American phenomenon (owing to the legacy of checks) is a land grab at the moment that offers the possibility of both SaaS subscription and rebate/transactional income for providers.”

Commodities Roundup: Daimler to spin off trucks division; Liquefied natural gas volatility ahead; Rising silver demand

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Here’s a quick rundown of news and thoughts from particular commodity markets, including a major announcement from Daimler, a look at potential volatility in liquefied natural gas prices and much more.

MetalMiner, a sister site of ours, scours the landscape for what matters.

Business intelligence platform ‘Suppleye’ launches with free insights tool

Suppleye

The new business intelligence tool Suppleye launched today with the goal of giving businesspeople a free, real-time view of how their clients and suppliers are faring.

“Generally speaking, commercial roles have got harder over the last few years,” said Suppleye COO Tim Czerwonka. “There are masses of important information out there that is going unseen, and the solution to which can only be sources and software.”