Who knew there was a second company in Espoo Finland (not Basware) that is a leader in e-billing and perhaps e-invoicing. Meet Opus Capita.
Take the Gartner Procure to Pay Magic Quadrant, add company valuations and voila you can see who is ripe for the picking!!
Upwork, the successor company to Elance and Odesk is tweaking its fees–not an easy task for a two-sided marketplace.
Oracle’s purchase of Textura shines a spotlight on two comparables: Aconex (Australia) and RIB Software (Germany).
From start-up to near bankruptcy to Unicorn to fallen angel to sold at a 70% premium. The wild ride of a B2B marketplace and application, Cvent.
It’s sad to see Tungsten struggle. It’s predecessor OB10 practically invented e-invoicing. There are many lessons to be learned there, however.
IBM’s Watson can help with indirect procurement. I hope it will work on much more important issues. I have some tongue-in-cheek suggestions.
The latest procurement technology incorporates all the latest buzzwords: machine learning and artificial intelligence included!
AmazonBusiness, IBM, and Google–huge platforms–all presented at the Global Procurement Technology Summit last week.