Companies can identify qualified suppliers from Diagon’s network of equipment suppliers, system integrators and service providers. Then leverage a toolkit to manage those complex projects.
Zip describes itself as the “leading Intake and Procurement Orchestration platform and Intake-to-Pay suite.” That doesn’t sound like the most exciting space to be in as a startup, bu
Spend management startup Ramp has acquired AI-powered startup Venue as it expands its procurement offering. Venue was founded in 2022 by TK Kong, Young Kim, and Kevin Chan, and its aim was to “simpl
When you say the phrase “expense management” in a business context, people might think of software like Concur that tracks what you spend on travel, entertainment and other work-related ac
French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe. After raising a $5.3 million pre-seed round in April (€5 mil
Candex, a startup that aims to simplify procurement — specifically vendor management and payment processes — for businesses, today announced that it raised $45 million in a Series B invest
Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procure
Roughly eight years ago, a little-known startup called Procurify raised $4 million for its platform that hosts tools to take some of the pain out of enterprise procurement. The company never became bu
Earlier this year, a big French tech company started requiring an email to the CEO for every purchase above €1,000. That’s because they didn’t have the right tool to manage procurement. Meet Piv
Back in 2014, Stan Garber and Alex Yakubovich set out to reinvent the request for proposals (RFP) process with the launch of Scout RFP, which provides a cloud-based sourcing solution designed to help
Ramp continues to ramp up its business. The fintech startup announced today that it is entering the procurement space as it focuses more on “complex” enterprises and that it has landed a n
Shoppable Business wants to make it easier for businesses in the Philippines to source and procure branded products and other inventory, with an emphasis on making sure products are authentic. The B2B
The business of platforms for purchasing goods and services — in other words, procurement — is alive and well. Case in point, Zip, a startup developing procurement software, yesterday anno
Companies tend to divide their procurement spending into two main buckets. The first is large purchases over $500,000 with some starting $1 million, depending on the size of the organization. Anything
Seriously: If you're not working to calibrate every system you have, you're just leaving money on the table.
The SaaS buying sprees of 2020 and 2021 have led to tech-stack fatigue, and IT departments are feeling the pressure of managing a complex and diverse set of tools and justifying ROI.
Given the recent economic downturn, some companies are skeptical that the pandemic-led move to remote and hybrid work will have staying power. According to an April survey by Good Hire, 77% of manager
Focal Point founder Anders Lillevik has spent more than 25 years in procurement, where he has observed that the vast majority of business was still being conducted using spreadsheets and email. He saw
It’s tempting to over-invest in best-in-class technologies to drive efficiencies and stand out, but that technological desire to keep up with the Joneses can come at a significant cost.
Procurement involves buying supplies and services you need to run your business. For the most part, companies still use email and spreadsheets or legacy tools to find the best price and come to an agr
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