Purchasing News Hubb
Advertisement
  • Home
  • Procurement
  • Supply Chain
  • Contact us
No Result
View All Result
  • Home
  • Procurement
  • Supply Chain
  • Contact us
No Result
View All Result
Purchasing News Hubb
No Result
View All Result
Home Supply Chain

Technology funding for procurement solutions is defying the market (part 1)

admin by admin
September 19, 2022
in Supply Chain


As overall economic challenges continue to mount, freshly negative indicators and potential for further supply chain disruptions are causing broad market and tech sector-specific corrections. Procurement technology companies are not immune to this pain — but they may navigate this downturn with more bright spots than the typical SaaS stock.

In fact, the startup scene for procurement technology remains vibrant, with new ideas and concepts gaining traction (and garnering investment) despite macro challenges in the broader technology sector and stagflationary pressures impacting countries where procurement organizations operate across the globe.

In our work supporting technology selection with procurement/finance organizations and due diligence for private equity teams and corporate development teams (and in our discussions with early-stage investors), we believe procurement technology will still find pockets of success — although perhaps more muted compared with a stronger economic scenario — because of three key factors.

For full access to this PRO content:

 



Source link

Previous Post

The top five highlights at the region’s most influential procurement conference

Next Post

Podcast: How storytelling can influence executives in procurement

Next Post

Podcast: How storytelling can influence executives in procurement

Recommended

AI does the talking as new procurement negotiation tech product secures major backer

May 21, 2023

Gartner to return to ProcureTECH23

December 13, 2022

Don't miss it

Procurement

Buy Queensland 2023 to support decarbonising supply chains and Brisbane’s Olympic runway

May 31, 2023
Supply Chain

Framespan – Making frameworks work

May 31, 2023
Supply Chain

Strategies for Optimal Tail Spend Management

May 31, 2023
Procurement

Serco and Wirrigan Business Services Empower First Nations Women through Social Procurement

May 30, 2023
Procurement

Calls on Large Businesses to Improve Payment Times for Small Companies

May 29, 2023
Procurement

Concerns Over Modern Slavery in Aus Supply Chains Worth Over $25 Billion

May 28, 2023

© Purchasing News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Procurement
  • Supply Chain
  • Contact us

Newsletter Sign Up

No Result
View All Result
  • Home
  • Procurement
  • Supply Chain
  • Contact us

© 2022 Purchasing News Hubb All rights reserved.

Our Spring Sale Has Started

You can see how this popup was set up in our step-by-step guide: https://wppopupmaker.com/guides/auto-opening-announcement-popups/