The correction in Russell 2000 stocks has not spared most of the public procure-to-pay stocks in the US and Europe.
The 2021 Gartner Magic Quadrant for Procure-to-Pay Suites is out. The disparities in growth and valuation are wide.
FASB is endorsing new disclosure requirements related to supply chain financing (SCF) programs. More transparency is on the way!
Avidxchange, one of the largest players in AP automation filed to go public. Lots of yummy metrics to digest.
ServiceChannel and Periscope, two vertical SaaS providers with procure-to-pay solutions sold to public strategic acquirers.
Centime just came out of stealth mode. It’s a complete cash flow forecasting, management, and control system for SMBs.
Xometry, a marketplace for buyers and sellers of manufactured parts filed to go public. It’s very much a “managed marketplace” or reseller.
Payoneer, a cross-border marketplace payments company will go public later this month via a SPAC. It’s an impressive accomplishment.
Marqeta, a fintech providing a card issuing platform to software companies filed to go public. Let’s follow the interchange.