Adobe Stock
Microsoft announced that it has acquired Suplari, a spend analytics provider, to bolster its Dynamics 365 offering via Suplari’s out-of-the-box insights capabilities. But why is this an important acquisition? Our analysts weigh in on the functional angle and implications for the broader procurement technology market.
In detailing the acquisition, Microsoft emphasized its desire to help customers gain valuable insights from data. It referenced three primary benefits of Suplari’s platform in conjunction with Dynamics 365: “making comprehensive enterprise spend data and insights accessible to all; unlocking new financial insights to help with strategic procurement decisions; getting up and running with predictive insights in weeks, not months.”