E-Sourcing Forum » Procuri coverage

Procuri coverage

September 21st, 2007 at 09:47am David Bush - Iasta

As usual, Spend Matters is the nerve center of news within all things procurement. Jason has been doing a great job of keep his finger on the pulse of this huge change within the software sourcing ecosystem. Unbelievably, some of the leading industry news outlets like CPO Agenda, SupplyChainBrain and ELP have not even recognized the story and sit blankly staring ahead.

Purchasing Magazine and SDCExec do have coverage of the news, which is great to see. I have to give Supply and Demand Chain Exec the nod here, they did a nice job of reporting multiple angles and adding input beyond the press release. They even referenced the blogs for extensive coverage, although there is no mention that this whole thing was actually broken by the blogging community prior to the announcement.

Separately, I am wondering what will happen to our blogging brethren, Supply Excellence? Will Spend Matters and Supply Excellence now merge? Will Jason acquire Tim? I fear we will soon be losing part of the family as collateral damage from the acquisition…

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Entry Filed under: General, Technology / SaaS, e-Sourcing Marketplace

3 Comments Add your own

1. Will Donovan | September 23rd, 2007 at 9:49 pm

Just curious, but do you see this acquisition leading to Ariba as a major player in what currently is an “early-adopter” practice, acquisition of dynamic payables discounts? I’ve seen a lot of movement in this sector recently, but I’ve equally noticed that the vendor networks, technology, and supply chain financing are not all quite at a synergistic point. Perhaps Ariba’s acquisition will lead dynamic discounting closer to fruition?
2. David Bush - Iasta | September 24th, 2007 at 8:11 am

Ariba is a player in that space but this acquisition will have no impact on that area of their business. This was a move to consolidate the sourcing players by taking down one of their strongest competitors. Since Ariba already has almost all of the functionality they are acquiring, this looks to be a EPS and client contract move.
3. Will Donovan | September 28th, 2007 at 8:21 pm

All hail corporate hardball.

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