We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we should bring to your attention, and some of our own you may have missed - we'll have more from our analysts in the coming days ...
ISM 2019
Our US team have been in Houston this week attending the Institute for Supply Management (ISM) 2019 annual conference. They’ve been reporting on events as they unfolded; catch up on all the coverage here:
Digitizing the Human Touch
Janet Yellen and Carly Fiorina See the Supply Chain as a Force for Change
MGM Resorts’ E-Procurement Transformation Journey
Challenges of a New Chief Procurement Officer
Building a High-Performance Procurement Team Focused on Value Creation
50 To Know and 50 To Watch Launched
This week saw the publication of the Spend Matters celebrated ‘50 Providers To Watch’ and ‘50 Providers To Know’ lists. Every now and again a provider makes the leap from ‘to watch’ to ‘to know.’ That leap signals they are not only bringing innovation into procurement but leading the way in how we do business for the better. One such firm is Sovos:
How Sovos Enhances Businesses’ Global Tax Compliance Efforts
Ivalua Announces AI Assistant, Intelligent Contract Capture and Analysis Tools
Spend management cloud solution provider Ivalua has announced a new range of products powered by artificial intelligence (AI). We’ll have coverage on Monday from the Ivalua NOW conference hosted in Paris this week where the latest announcement was made. The new solutions include IVA, a digital assistant which is able to retrieve information, process orders and provide how-to help for users. Read more about the announcement here.
LevaData/Lenovo to Drive Supply Chain Efficiency
LevaData’s Cognitive Sourcing™ Platform helps global enterprises improve gross margins by reducing supply chain costs, with a focus on delivering measurable and accountable supply chain solutions and strategies. This week it announces a partnership with electronics leader Lenovo. The partnership aims to globally scale commodity teams, identify AI-driven insights, improve the effectiveness of supplier negotiations and drive broader transformation of procurement operations. Read more here.
Also this week ...
Basware launches maturity services to help customers develop source-to-pay processes
Google Cloud Enables AI Invoice Processing With Taulia
Accenture buys Irish IT consultancy in latest acquisition drive
and
Accenture announces intent to buy French cloud consulting firm
Forrester names Icertis as a Contract Lifecycle Management leader
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