Technology Round-Up – November 19, 2015

Posted by Ardent Partners Analyst Team on November 19th, 2015
Stored in Articles, General, Solution Providers, Technology

Intrigo Announces Collaboration with Ariba on Direct Materials Procurement

Intrigo Systems, a California-based integrated business planning (IBP) and managed service provider (MSP) for SAP solutions, announced that it is partnering with Ariba, an SAP Company, to offer direct materials procurement and supply chain collaboration to its customers via the Ariba Network. Now, Intrigo clients will be able to manage direct and indirect procurements, including service providers, via one cloud-based business network, which ought to increase efficiencies and decrease processing costs. Intrigo Systems has been an SAP channel partner, and its collaboration with Ariba should only strengthen this partnership.

Basware Commerce Network Reaches 100 Million Network Transactions

Finland-based Basware announced recently that the Basware Commerce Network had crested 100 million annualized eInvoice and purchase order transactions sent and received through the network. Governments from the Americas to Europe have pushed eInvoicing for business-to-government (“B2G”) suppliers in recent weeks, a trend that has significantly benefited the overall growth of Basware’s network. Currently, the Basware Commerce Network connects to more than 200 other business-to-business (“B2B”) networks, which helps push its growth forward.

This is the latest good news for Basware, which last week reported earnings growth and three weeks ago launched a brand-new product in the form of CloudScan. Basware remains one of the leaders in the burgeoning business network marketplace, and this growth in network transactions makes clear that the solution provider is making sound strategic choices and focusing on building their core strengths out. The trend toward eInvoicing in the B2G space should only further benefit Basware and its entire marketplace.

Kroll Goes to Market with a Compliance Portal for Third Party Due Diligence

Last month, Kroll, a New York-based provider of risk identification and compliance services, announced the release of Kroll Compliance Portal, a tool that can help compliance and legal teams overcome the challenges associated with conducting due diligence review of third party service providers. The service will feature a combination of process automation and access to compliance/due diligence expertise. Specifically, the Kroll Compliance Portal will feature a questionnaire that compliance professionals can use to track and score third parties and other stakeholders. It will also include a module called First View Screening, which allows users to screen third parties against known risk profiles. The Kroll Compliance Portal also grants users access to Kroll’s database of due diligence reports and analysts and investigators. Lastly, the Portal features an automated workflow that links all three processes with each other, ensuring that users leverage the entire system for optimal third party due diligence, compliance, and risk management efforts.

Intelex Offers New Supplier Management Solution

Late last month, Intelex, a Toronto-based provider of environmental, health, and safety (EH&S) and quality management solutions, announced the release of a new solution, Supplier Relationship Management. The tool offers companies of all sizes an all-in-one supplier management tool that allows users to collect supplier information, like certifications, contact information, and performance evaluation to present a holistic view of supplier performance and information management. Specifically, the tool features an integrated solution with standardized workflows for reduced implementation timelines; robust tools for collaboration and visibility; a requirements management tool for things like government certifications.

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