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Spend Matters takes action — Adds Carbon Management to TechMatch

Our analysts discuss the addition of Carbon Management to our procurement tech discovery and matching tool, TechMatch. ....

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SirionLabs Recognized as Value Leader in Spend Matters' Contract Lifecycle Management SolutionMap Fall 2021

/PRNewswire/ SirionLabs, the leader in AI-powered Contract Lifecycle Management (CLM), today announced that it has been positioned as a Value Leader in. ....

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SolutionMap AP Automation Content -

SolutionMap AP Automation Content -
spendmatters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spendmatters.com Daily Mail and Mail on Sunday newspapers.

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Afternoon Coffee: Routable; PRO recap: Vroozi, Icertis, SirionLabs

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Routable, a B2B payments solution provider, secured a $30 million round of funding from a slew of high-profile investors, according to the website TechCrunch.
This latest round of funding comes eight months after its last $12 million round. Routable aims to automate bill payment and invoicing processes so businesses can scale core product offerings without worrying about payments. Since its August 2020 investment, the company has seen its revenue grow by 380% and tripled its new monthly customers, TechCrunch reported.
Unlike most investments, Routable’s round of funding didn’t come from a bunch of venture capital firms. Rather, two brothers led the round Sam Altman, CEO of OpenAI, and Jack Altman, CEO of Lattice. Flexport also participated, in addition to some angel investors like the founders of Instacart, Airbnb, Salesforce and more. ....

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Afternoon Coffee: Ivalua procurement survey; PRO recap: Enlighta, etc.

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Ivalua, a spend management solution provider, released findings of a study of supply chain, procurement and finance business leaders finding that 85% of respondents recognize procurement’s role in revenue growth.
In a press release announcing the study, it said the study found that 50% of business leaders are increasing investment because of the Covid pandemic, with only 23% decreasing. Procurement priorities are becoming more strategic nearly two-thirds of organizations have used procurement to increase the role of ensuring supply chain agility and continuity, identifying new revenue opportunities and improving decision-making.
For many organizations, procurement was crucial to keeping supplies flowing during the pandemic and minimizing the impact on profitability. But at many, Covid exposed weaknesses in outdated procurement tools, data and processes that limited agility and impacted decision-making, David Khuat-Duy, Corporate CEO at Iva ....

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