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eProcurement  // Posts tagged as "eProcurement"

Instant Analysis: Tradeshift to Acquire IBX Business Network

Today, March 8, San Francisco-based Tradeshift, the cloud-based business network, announced that it has entered into an agreement with CapGemini to acquire the latter’s IBX Business Network (“IBX”). The deal is expected to close in April 2017. Terms of the deal were not disclosed. Concurrent with the announcement, Ardent’s analyst team spoke with Christian Lanng, and the executive team at Tradeshift to discuss...

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Technology Round-Up – August 25, 2016

Determine Announces Financial Results for Q1 2017 On August 10, Determine, Inc. (NASDAQ: DTRM), the Indiana-based provider of contract management and source-to-settle solutions for the cloud, announced financial results for the first quarter of Fiscal Year 2017. Although GAAP-based revenues and recurring revenues increased slightly from Q4 2016, annual recurring revenues fell slightly year-over-year, which Determine President and CEO,...

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Going Swifter, Higher, Stronger in 2016

The Rio 2016 Olympics are still going full throttle through this Sunday and I’ve been doing my best to watch as much as I can (how about those American swimmers from Maryland!!). This year, approximately 11,550 athletes representing teams from 205 countries plus two independent teams  (Independent Olympic Team and the Refugee Olympic Team) traveled to Brazil to compete in...

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Technology Round-Up – August 5, 2016

Basware Refreshes Verian eProcurement Solution Suite On August 2, Basware, the Finland-based provider of e-invoicing and purchase-to-pay solutions, announced the summer release of Verian’s eProcurement solution suite following its acquisition of the company earlier this year (click here to read about the acquisition and here to read about its initial deployment). The refreshed eProcurement solution suite features enhanced automation workflows,...

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Technology Round-Up – July 21, 2016

Determine Updates Cloud-based Contract and Source-to-Pay Platform On July 18, Determine, Inc. (NASDAQ: DTRM), the Indiana-based provider of contract management and source-to-settle solutions for the cloud, announced several updates to Determine Cloud Platform, its SaaS-based enterprise contract lifecycle management and source-to-pay platform. Specific updates include new user interface (UI) / user experience (UX), which are said to...

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Tradeshift Announces Go, Hyper Acquisition at Innovation Day

On Wednesday, June 22, San Francisco-based Tradeshift held an “Innovation Day” at the Hotel Eventi in Mid-Town Manhattan where they made several major product and brand announcements and focused on its main theme of innovation to a room packed with supply management industry analysts. Tradeshift CEO and co-founder, Christian Lanng, kicked off the event with a “state...

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Technology Round-Up – June 17, 2016

ESM Solutions Announces New Sourcing Tool On May 18, ESM Solutions, the Pennsylvania-based company that provides SaaS-based sourcing and P2P solutions, announced the release of a new suite of sourcing solutions aptly called “ESM Sourcing.” The new suite brings automation of RFx production and modularity to the sourcing game, allowing users to customize the suite as needed. They...

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Technology Round-Up – March 3, 2016

Data Intensity Acquires Enrich, Inatech to Enhance Procurement Solutions On February 24, Bedford, MA-based Data Intensity, which provides cloud-based, managed, and professional services for Oracle implementation, announced that it has acquired Enrich and Inatech to enhance its portfolio of services, particularly procurement applications and solutions. Acquiring Enrich gives Data Intensity a host of Oracle-based ERP solutions covering procurement and...

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Technology Round-Up – December 10, 2015

SciQuest Updates Spend Automation Suite with Strategic Sourcing Capabilities Last week, North Carolina-based SciQuest (Nasdaq: SQI), which offers automated spend management solutions for procurement practitioners, announced that it has updated its spend automation suite with a number of strategic sourcing capabilities to make it an end-to-end platform. According to SciQuest officials, the new release integrates Spend Radar, which...

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Selectica Rebrands as Determine, Plans to Consolidate Solutions onto One Platform

On Friday, October 16, Selectica, Inc, the San Mateo, CA-based provider of supply management solutions, and the parent company of Iasta and b-pack, announced that it has rebranded itself asDetermine, Inc, and is consolidating its subsidiaries and solutions under one brand and platform, strengthening its position as a source-to-pay (S2P) solution provider. As of Monday, October 19thDetermine, Inc. will now...

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