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/PRNewswire/ -- Malbek, today's most cutting-edge, AI-fueled Contract Lifecycle Management (CLM) platform, was recognized as a CLM leader in Spend Matters'...
DOC RABE Media/Adobe Stock Aside from all of the buzz and the pseudonyms and the studies, does supplier relationship management (SRM) as a business discipline really matter? Why does it matter to the supply chain, or the supplier, or the buyer? Why does it matter right now? Surely in terms of value generation — for the supplier, for the buyer, for procurement — what matters is innovation, sustainability, digital transformation, resilience, agility, product and service continuity, and cost reduction. In this series, part of our set of “Unconventional Wisdom” posts, we’ll be...
Adobe Stock Airbase, a spend management platform for small to mid-size companies, announced a $60 million round of funding led by Menlo Ventures. It brings the company’s valuation to $600 million, according to a press release announcing the investment. Airbase said the fresh capital will be used to drive product improvements and innovation to define the category, transform how companies spend money and elevate the role of employees to focus on value-added work. The Airbase solution combines accounts payable automation, software-enabled corporate cards and employee expense reimburs...
News roundup: Coupa launches Coupa Ventures; Medius study on late payments; US economic rebound unlike any in history.
Pixabay During a recent discussion with Norbert Dean, the CPO of world-class cruise line operator, Carnival Cruise Lines, we found that in some industries and for certain supplies on-time delivery is absolutely non-negotiable. When a ship leaves port, it leaves. There’s no contingency for lateness. (Read Norbert’s interesting account of how As we know, there are always two sides to the supply/demand equation. The buyer at a supplying firm might well encounter delays in parts acquisition, might think enough time has been built into the order process, or might have a CFO ordering...