Tradeshift announced Tuesday the acquisition of Merchantry, a leading cloud-based product information management (PIM) provider, for $30 million in cash and stock. While Merchantry has traditionally focused on sell-side and retail product information management, its technology is a close fit with what is necessary to enable catalog content management for procurement – and deeper in a range of areas based on past use case support.
The worlds of procurement and accounts payable (A/P) systems and supplier financing are set to collide. With the recent Tradeshift and CapitalAid announcement coming on the heels of the OB10/Tungsten acquisition and IPO, the physical and financial supply chain worlds from both the systems and banking perspectives have never been closer – or at least showing the early stages of material convergence. Spend Matters had the chance to interview Tradeshift’s Christian Lanng on a range of topics, including the nuances between the funding approach and mechanisms of the CapitalAid partnership and platform.
Not all viral effects are born equal. With its new mandatory CDFI legislation, Mexico has set off a catalyst that next year will send a whole economy electronic. But back in 2007, when I led the project of the Danish e-invoicing tool, EasyTrade, it was a different story. When we were designing a better way for the government to manage interactions with suppliers, we knew that the immediate impact would be upon one layer of businesses - those we directly worked with. But because we stuck to the principles of making it free and open (even open source), the impact spread from business to business as awareness grew of the advantages it offered.
Last week, Invoiceware and Tradeshift announced a partnership agreement to cross-sell and integrate each other’s solutions in the e-invoicing market. For those that do not […]
Supplier networks are a topic of hot debate these days. If you’re an AP, treasury, procurement or supply chain manager, you should be thinking about […]
I recently had the chance to catch up with Pete Loughlin, P2P expert, e-invoicing geek and no lover of value-based network fees, at Tradeshift’s analyst […]
Last week, two members of the Spend Matters team spent the day at Tradeshift’s analyst day in NYC (links to our coverage are at the […]
Yesterday, Pierre Mitchell and I attended Tradeshift’s analyst day in New York City. You can read my live dispatches here: Tradeshift’s Analyst Day: Platform and […]
We’re live blogging Tradeshift’s analyst day today. See our initial dispatches here, here, and here. Earlier this morning, Intuit’s Eric Dunn shared his thoughts on Tradeshift and the rationale […]
We’re live blogging Tradeshift’s analyst day today. See our initial dispatches here, here, and here. Thirty minutes into the morning, Intuit’s Eric Dunn (who has been with […]
We’re live blogging Tradeshift’s analyst day today. See our initial dispatches here and here. In this morning’s kick-off to Tradeshift’s analyst day, founder and CEO […]
We’re live blogging Tradeshift’s analyst day today. Please click here for the first dispatch. TradeShift’s Christian Lanng kicked off the morning session in NYC by […]