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

Simfoni to acquire Xeeva — M&A Quick Take (Part 1)

admin by admin
November 29, 2022
in Supply Chain


AdobeStock

Yesterday, November 28, Simfoni announced it was acquiring Xeeva, a source-to-pay technology provider with a capability range that extends to tail spend, guided buying, opportunity management, project management, savings tracking, integration management and AI-backed spend classification and enrichment — quite a bit, we know!

Simfoni has been growing rapidly, especially in the spend analytics and tail spend areas in recent years. Earlier in 2022, Simfoni announced its acquisition of EC Sourcing Group, a sourcing provider with optimization support.

In Part 1 of this two-part Spend Matters PRO M&A Quick Take, we begin our analysis by offering a brief background on the deal and by exploring an overview of both vendors’ capabilities, including synergies and overlap. 

In Part 2 we will dive deeper into the product/solution synergies and areas of overlap between the two providers and opine on what the added product and customer synergies will bring to Simfoni as it competes in a rapidly growing market for tail spend and transactional buying in general. 

For full access to this PRO content:

 



Source link

Previous Post

How Your Organisation Can Lessen Its Carbon Footprint

Next Post

Tighter control on business spending doesn’t have to mean going without – Coupa

Next Post

Tighter control on business spending doesn’t have to mean going without - Coupa

Recommended

Vendor Analysis Update — Solution overview

August 31, 2022

Counter-intuitive strategies to navigate the recession

December 3, 2022

Don't miss it

Procurement

Procurement Recruitment Blogs : Vacancy Numbers Still High

January 29, 2023
Procurement

A career in recruitment… – Procurement Heads

January 28, 2023
Procurement

Why Procurement staff are in demand and how to navigate the skills shortage

January 27, 2023
Supply Chain

Support Paper: Change Management – Barkers

January 27, 2023
Procurement

Financial Services Procurement Recruitment Blogs

January 27, 2023
Supply Chain

Vendor Analysis — S2C solution overview, analyst summary

January 26, 2023

© 2022 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/