Viewing supplier networks tagged with 'PRO'

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AvidXchange: Vendor Analysis (Part 3) — In-Depth Solution Overview - [PRO Content]
August 20, 2020 | Xavier Olivera
In this third and final part of our Spend Matters PRO Vendor Analysis of AvidXchange, we provide a detailed solution overview of each main module of the AvidXchange solution. Part 1 of the series focused on solution strengths and weaknesses, and Part 2 focused on AvidXchange competitors and the technology market that they are in.…
AvidXchange: Vendor Analysis (Part 2) — SWOT, Competitors & Market Overview, Tech Selection Tips - [PRO Content]
August 19, 2020 | Xavier Olivera
In Part 2 of Spend Matter’s look at AvidXchange, we'll provide a company SWOT assessment and an overview of the AP automation market and AvidXchange’s competitors. The vendors with AP automation create a varied market. We find specialized AP automation solutions that focus on the SME market as well as invoice-to-pay solutions and supplier networks…
AvidXchange: Vendor Analysis (Part 1) — Overview and Solution Strengths/Weaknesses - [PRO Content]
August 18, 2020 | Xavier Olivera
In this Spend Matters PRO Vendor Analysis, we will examine AvidXchange’s strengths and weaknesses. The privately held software company automates the accounts payable and payment process. Its market focus targets North America within the middle market businesses in sectors like real estate, homeowners associations, construction, financial services and healthcare. This series is set up in…
ConnXus brings its ‘Smart’ approach to supplier discovery with new SmartSearch product - [PRO Content]
December 4, 2019 | Nick Heinzmann
The supplier relationship experts at ConnXus on Wednesday announced the launch of SmartSearch, a new supplier discovery capability based on business intelligence that enables granular search across category, geographic and diversity criteria for millions of validated global vendor records. SmartSearch takes advantage of ConnXus’ database of 22 million global suppliers to help buying organizations quickly…
Community-based Procurement — Get a Buy with Some Help from Your Friends (Part 1) - [PRO Content]
September 16, 2019 | Pierre Mitchell
The Oxford dictionary defines “community” as “a group of people living in the same place or having a particular characteristic in common” and secondarily as “a feeling of fellowship with others, as a result of sharing common attitudes, interests and goals.” Procurement practitioners inherently have kinship with each other based on shared experiences, pain, rewards…
GEP: Vendor Analysis (Part 5) — Solution Weaknesses - [PRO Content]
September 10, 2019 | Michael Lamoureux, Xavier Olivera, Pierre Mitchell and Jason Busch
In Spend Matters’ previous installment of our seven-part GEP review, we called out some of the real strengths of the SMART by GEP platform, including some that are rare in the market today. In this Part 5, we are going to balance our analysis by also pointing out some of the "weaknesses" of the platform,…
Mastercard Track: A Gateway to a New Kind of B2B Ecosystem (Part 2) — SWOT Analysis and Market Implications - [PRO Content]
June 25, 2019 | Nick Heinzmann
Over a decade ago, American Express led the payments way in making innovative investments aimed at procurement organizations and their suppliers, primarily through its venture and partnership arms. (Remember MarketMile/Ketera, anyone?) But more recently, it appears that Mastercard has picked up the B2B innovation mantle, opting to organically build a solution aimed at buyers and…
Mastercard Track: A Gateway to a New Kind of B2B Ecosystem (Part 1) — Vendor Introduction and Solution Overview - [PRO Content]
June 24, 2019 | Nick Heinzmann
B2B payments represent a significant opportunity for payments providers. Within the U.S. alone, Deloitte research suggests that B2B payments are expected to reach $23.1 trillion by 2020, following a 5.8% CAGR since 2014, with large enterprises accounting for more than 60% of all transaction volume. Financial institutions, however, have placed comparatively less emphasis on the…
SAP Intelligent Spend Group is future for Ariba, Fieldglass, Concur (Part 3): How can the SAP spend platform ‘Run Simple’? - [PRO Content]
May 29, 2019 | Spend Matters Analyst Team
The integration of SAP Ariba, SAP Fieldglass and SAP Concur into a single operating entity within SAP, the “Intelligent Spend Group,” will be far more straightforward from a commercial and go-to-market perspective than a technology architecture and platform vantage point. This Spend Matters research brief, the third in our series analyzing integration considerations for the…
Tealbook: Vendor Analysis (Part 2) — Product Strengths and Weaknesses - [PRO Content]
May 8, 2019 | Nick Heinzmann, Michael Lamoureux and Pierre Mitchell
In our last Spend Matters PRO brief, we introduced you to Tealbook, a five-year-old provider based out of Toronto (with an office in New York City) that is deploying a new platform for supplier information management (SIM) and discovery. Combining machine learning to accelerate data cleansing and gathering with a social media-like user experience to…
Tealbook: Vendor Analysis (Part 1) — Background and Solution Overview - [PRO Content]
May 7, 2019 | Nick Heinzmann, Michael Lamoureux and Pierre Mitchell
Procurement organizations today talk a big game about automating transactional processes so that they can focus on upstream value creation opportunities. The thinking goes like this: The biggest opportunities for procurement are not in squeezing diminishing savings out of the usual vendors year after year but in identifying and contracting with the most innovative suppliers…
AI in Supplier Management: Tomorrow (Part 1) - [PRO Content]
May 6, 2019 | Michael Lamoureux
In our last pair of Spend Matters PRO articles about AI in supplier management today, Part 1 and Part 2, we overviewed some situations where you can find AI in e-sourcing platforms today, where we define AI as “assisted intelligence” because, as we've stated in our series about AI, there is no true artificial intelligence…

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Incremental to exponential: 5 overlooked benefits of procurement automation : Michael Shaw said : Good summary. Great points, Alan....

Modernizing the healthcare supply chain in the coronavirus era : Jam Saeed Ahmed said : yes, investments in advanced manufacturing capabilities make it easier to build products in the Unit...

'Sell me this procure-to-pay solution' : Thierry Jaffry said : I truly agree with Mark's analysis. And I would add a couple of things from the SI point of view: mo...

What Really Drives Valuation For Technology Companies These Days? : Pranav Trivedi said : Interesting read indeed !...

'Sell me this procure-to-pay solution' : Jason Busch said : To be revisited! I've been involved in far too boring stuff of late, but I too look forward to the r...