CPO Rising’s Technology Round-Up series continues this week with fresh supply management technology news and updates covering a few recent major announcements. If you are a sourcing, procurement, or spend management solution provider and you are continually innovating the way that procurement and supply chain leaders and practitioners drive value, we’d love to hear from you. Please drop us a note at info at cporising dot com. Thanks, and enjoy!
Ivalua and Fincons Group Forge Strategic Partnership to Accelerate Procurement Digitalization
MILAN — Ivalua, a global leader in spend management, and Fincons Group, a leading IT business consultancy and system integrator, announced a strategic partnership to support the digital transformation of procurement processes for organizations at an international level.
The company stated that the collaboration combines the advanced capabilities of Ivalua’s future-proof platform with Fincons’ reliable professional services provided through a flexible delivery model able to meet dynamic enterprises’ requirements.
The partnership is further consolidated by a specialized Ivalua Competence Center, which enhances Fincons’ offering, addressing key areas such as strategy definition, software selection, system implementation, and application management.
According to Matteo Villa, director of e-Procurement Competence Center at Fincons, “We are thrilled to partner with Ivalua, a global leader in spend management, to combine our expertise with their market-leading capabilities to support forward-thinking enterprises in implementing, managing and evolving their procurement platforms,” he said.
“Our system integrator role allows us to better integrate Ivalua’s platform within each client’s application ecosystem, ensuring fast and frictionless processes”.
Read the full announcement here.
SpendHQ Kicks Off 2025 with Record Growth
ATLANTA — SpendHQ, a leading provider of enterprise procurement intelligence solutions, announced a strong start to the year with major milestones across business growth, product development, and customer success.
With an emphasis on helping procurement address current business challenges such as tariffs, cyber and financial risk, and supply chain complexity, SpendHQ continues to demonstrate its leadership in turning data into value for procurement teams at the world’s largest and most complex organizations.
According to Scott Macfee, CEO at SpendHQ , “Our strong Q1 performance is reflected in our growing list of new customers, as well as the continued expansion within our existing customer base,” he said.
“More than 200 of our valued customers renewed or expanded their SpendHQ solutions in Q1, reinforcing the strength of our partnerships and our role in supporting their digital transformation journeys. I’m incredibly proud of our team for consistently delivering measurable value and earning our customers’ trust year after year,” Macfee added.
SpendHQ went on to discuss its customer success stories thus far in 2025 and the look ahead in Q2.
Read the full announcement here.
JAGGAER Expands Reach in Kuwait and Middle East
KUWAIT CITY, Kuwait — JAGGAER, a leading global provider of procurement and spend management solutions, is collaborating with Amazon Web Services (AWS) to deliver enhanced procurement services across Kuwait and the broader Middle East region.
The company stated that this new collaboration marks a significant expansion of JAGGAER’s offerings in the region, introducing the powerful JAGGAER One platform to local markets with huge potential to benefit businesses throughout the Middle East.
JAGGAER One, a comprehensive digital source-to-pay platform, integrates with AWS’s robust cloud infrastructure to offer scalable, secure and future-ready Software-as-a-Service (SaaS) procurement solutions tailored to the needs of both government bodies and large enterprises in Kuwait and further afield, across the region.
The collaboration now allows JAGGAER to leverage AWS Outposts, providing state-of-the-art SaaS services that are not only scalable but also highly adaptable to the evolving demands of the region’s business environment.
According to Hany Mosbeh, senior vice president – MEAPAC at JAGGAER, “Integrating JAGGAER’s procurement and spend management solutions with AWS cloud infrastructure offers significant advantages to businesses in Kuwait. This collaboration enhances scalability, security and cost efficiency, supporting a more efficient and innovative approach to procurement,” he said.
“It aligns with the growth ambitions of businesses in the Middle East and Africa, reinforcing our commitment to being the trusted advisor in the e-Procurement space across the region. This exciting new collaboration also serves as clear commitment to our customers and partners in the MEA region for better alignment, better service and ensuring JAGGAER remains the main trusted advisor for them in the whole e-Procurement space,” Mosbeh added.
Read the full announcement here.
Strategic Audit Solutions Launches AP Recovery Platform
FREEHOLD, N.J. — Strategic Audit Solutions, a leader in accounts payable recovery audit technology, unveiled its enhanced AuditSUITE360 platform in response to a 500% increase in prospect demo requests over the past 12 months.
The company stated that the upgraded SaaS platform empowers businesses with the same powerful tools used by Strategic Audit Solutions’ professional recovery audit specialists. These enterprise-grade solutions enable AP teams to increase efficiency and protect revenue through sophisticated automation.
The newly redesigned interface reinforces the company’s commitment to client collaboration while delivering purpose-built technology that transforms how financial teams allocate their resources.
According to Bob Carlino, co-founder of Strategic Audit Solutions, “Our enhanced AuditSUITE360 platform represents our ongoing commitment to innovation while building upon the trusted relationships we’ve established with our clients.”
Jeff Katz, co-founder, shared, “By evolving our product suite, we’re better able to deliver comprehensive value as we continue expanding our technological capabilities,” he added.
Read the full announcement here.