Join us on March 29 & 30, 2016 at the Harvard Club of Boston for CPO Rising 2016: The Event. This executive summit will bring together business executives and supply management leaders for a day and a half of keynote presentations and panel discussions on the issues that they face today. CPOs and procurement practitioners will not want to miss it! Click here to register.
Coupa Advantage Offers CSR Feature to Help Enterprises Give Back
Last month, Coupa, the California-based provider of spend management solutions for the cloud, announced that it has developed a way for Coupa clients to donate a percentage of the savings that they realize through Coupa Advantage to a charity of their choosing. The internal functionality allows Coupa clients to seamlessly contribute a portion of their savings – rather than make out of pocket donations – towards charity and make good on corporate social responsibility (CSR) initiatives. Increasingly, businesses of all sizes are looking for new and innovative ways to be good corporate citizens, whether because it aligns with their corporate values, their consumer’s values, or government regulations. Donating a portion of a company’s cost savings through Coupa Advantage allows them to give back in such a way.
Procurify Introduces New Accounts Payable Solution
Procurify recently announced they had added an accounts payable solution to their product catalog. Procurify AP offers multi-tiered workflows, automated three-way matching, and the ability to make partial payments as needed. The new solution dovetails with Procurify’s existing purchasing platform, extending those capabilities to the second half of the procure-to-pay process. The new AP solution also adds special functionality for auditors, including side-by-side purchase order matching and making viewable entries that need to be accrued.
Releasing an AP solution is a natural next step for Procurify, which has until now only had a purchasing automation solution. The AP automation tool extends the functionality of the platform, and should add another level of value-add for Procurify customers—now they do not need to find a separate AP solution that can integrate with Procurify. Ardent Partners will keep a look out for any future developments in the solution.
SAP Integrates Fieldglass and SuccessFactors for Total Workforce Management View
SAP recently announced that it has integrated its subsidiaries Fieldglass, a provider of vendor managed systems (VMS), and SuccessFactors, a provider of human capital management (HCM) systems, to provide SAP users with a view into their total workforce. Under the integration, SAP users can upload contingent worker data from Fieldglass’s VMS system and download it into SuccessFactor’s Employee Central Solution to allow users to populate enterprise employee rosters with contingent workers. The capability provides leaders and managers with a holistic view of their workforce, allowing them to improve forecasting and planning, including deciding whether or not to increase full-time employee or contingent worker counts. It will also allow them to connect valuable employees with one another, whether they are contingent workers or FTEs, in an effort to foster collaboration between a blended workforce that, by many accounts, will only become more blended in the years ahead.
Wipro Deploys T&E Solution to Microsoft Cloud
According to The Hindu Business Line, Wipro, the Bangalore, India-based provider of IT, consulting, and business process outsourcing services, has recently deployed its time and expense (T&E) management solution to Microsoft’s Azure cloud platform. As a result, users can access Wipro’s solution anytime and anywhere to make or alter travel bookings, allow managers to run analytics and prevent fraud or duplicate bookings, and approve or audit bookings on the fly.
Trade Extensions Announces New E-Learning Course
Recently, Trade Extensions, the Sweden-based provider of advanced sourcing solutions, announced the release of a new set of e-learning courses for its strategic sourcing and optimization program, TESS. The Level 3 modules, all 15 of them, are available through the TESS Academy and build on Level 1 and Level 2 modules to offer advanced courses on strategic sourcing. The module also gives users access to an e-book written by Dr Michael Lamoureux, The Strategic Sourcing Lifecycle: A Brief Introduction. Trade Extensions also plans to release Level 4 in the first quarter of 2016, which will provide e-learning and instructor-led training on expert-level supply chain and sourcing topics.