Latest Headlines
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Greater Efficiency And Productivity With Artificial Intelligence – Generative AI In BMW Group Purchasing
5/19/2025
Digitalization is one of the strategic top priorities for the BMW Group‘s Purchasing and Supplier Network. The BMW Group pursues a specific focus on generative artificial intelligence (GenAI) to increase the efficiency and long-term viability of the Purchasing and Supplier Network.
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The Hackett Group Acquires Market Intelligence Firm Spend Matters
5/16/2025
The Hackett Group, Inc. , a leading generative artificial intelligence (Gen AI) consultancy and strategic advisory firm, today announced that it has completed its acquisition of Spend Matters, a leader in the procurement and supply chain solutions market intelligence sector.
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Cofactr Acquires Custom Hardware Sourcing Solution Cogbase To Scale Manufacturers' Supplier Networks In The U.S.
5/15/2025
Cofactr, a source-to-pay and logistics platform for critical hardware manufacturers, today announced the acquisition of hardware sourcing platform Cogbase.
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Arkestro Secures $36M In Strategic Investment To Accelerate Predictive Procurement Innovation
5/14/2025
Arkestro, the premier Predictive Procurement Platform accelerating enterprise spend transformation, today announced a strategic investment totaling $36M.
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Simfoni Announces New Collaboration With Snowflake To Deliver Next Generation Spend Intelligence And Procurement Solutions
5/8/2025
Simfoni, the next-generation digital provider for spend intelligence and spend management solutions, today announced a collaboration with Snowflake, the AI Data Cloud company.
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Richland County, SC Transforms Procurement Operations With OpenGov
5/7/2025
After facing persistent challenges with ineffective vendor registration and limited contract management tools, Richland County, SC sought a modern solution to overhaul its procurement operations.
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JAGGAER Expands Reach In Kuwait And The Middle East Through Collaboration With Amazon Web Services (AWS)
5/6/2025
JAGGAER, a leading global provider of procurement and spend management solutions, is collaborating with Amazon Web Services (AWS) to deliver enhanced procurement services across Kuwait and the broader Middle East region.
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SOVRA Partners With Pavilion To Accelerate Public Procurement Efficiency With New Search Integration
5/2/2025
SOVRA (formerly bidnet) announced a new integration with Pavilion that enhances how public procurement teams can discover and utilize existing cooperative contracts.
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Intellum Now Available On AWS Marketplace To Simplify Procurement And Scale Learning Initiatives
4/25/2025
Intellum, an enterprise learning management technology, today announced that its industry-leading learning management system (LMS) is now available on AWS Marketplace.
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ProcureTEX Launches As The First Ever Community-Driven Event For Best-Of-Breed Procurement Technology
4/24/2025
A new era in enterprise procurement has arrived. ProcureTEX, the first-of-its-kind event designed exclusively for best-of-breed procurement technology providers and forward-thinking procurement teams, will debut on September 17, 2025, in London.