The most interesting aspect of this, is that it shows us that there is a clear long-term trend- as the procurement function matures so do the tools. Concur – a tool focused on making travel, invoices and expenses easy.Fieldglass – a tool focused on buying services / contingent labour.(It does plenty of other things but that is beyond the scope of the discussion at hand.)
Typically referred to as procure-2-payment.
Ariba – a supplier network focused on buying both direct and indirect materials.
The three acquisitions that really stand out are: Over the past few years SAP has been buying up specialist cloud companies in order to broaden its procurement and spend management solutions portfolio.
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