Suplari Named a 2018 Spend Matters Provider to Watch

July 17, 2018By Niki ParekhPress Releases

Suplari Named a 2018 Spend Matters Provider to Watch SEATTLE – July 17,  2018 – Suplari, the provider of an AI-driven insights platform focusing on finance and procurement, has been named a 2018Provider to Watch by Spend Matters, a leading procurement and supply chain research site. “Procurement analytics are shifting from descriptive analytics and forensic spend … Read More

Six Time-Wasters in Procurement

June 18, 2018By Niki ParekhProcurement, Tips
Could your team use another hand or a few extra hours in the day? It’s easy to feel understaffed in procurement, but maybe more help isn’t the answer: the Hackett Group found that world class procurement departments have 27% fewer employees. Using Time More Wisely Smaller teams and better results? Perhaps they’ve managed to escape [...]

Three things CPOs should stop doing… NOW.

June 11, 2018By Niki ParekhProcurement, Tips
Three things CPOs should stop doing… NOW. Every sourcing team has limited bandwidth, and a Chief Procurement Officer’s work is never done. So it’s worth examining what is NOT required of the job. As procurement’s role becomes more strategic and AI tools enter the daily life of sourcing professionals, avoiding the wrong activities can be [...]

Why Procurement’s Future is in the Long Tail

May 7, 2018By Jack QuarlesProcurement

Why Procurement’s Future is in the Long Tail There may be no better example of the 80/20 rule than company expenses. List a firm’s vendors and the amount spent with each, sorted from largest to smallest, and there’s a good chance that the top 20% of vendors will represent at least 80% of the expenses. … Read More

Suplari Selected as a 2018 TiE50 Winner

May 7, 2018By Gregg MakuchPress Releases

Suplari Selected as a 2018 TiE50 Winner TiE50 Awards Program Recognizes the World’s Most Innovative Tech Startups SANTA CLARA, CA – May 4, 2018 – Suplari, the AI-driven insights platform for finance and procurement, today announced its selection as a 2018 TiE50 Winner, which recognizes the world’s most innovative tech startups. TiE50 is an annual … Read More

Suplari Selected as Procurement Innovator by SIG Innovation Accelerator

April 19, 2018By Gregg MakuchPress Releases

Suplari Selected as Procurement Innovator by SIG Innovation Accelerator Premier procurement organization’s accelerator program connects emerging technologies and products to F500 member companies. SEATTLE – April 19, 2018 – Suplari, the AI-driven insights platform for finance and procurement, today announced its selection into the prestigious Sourcing Industry Group’s (SIG) Innovation Accelerator program. The SIG Innovation … Read More

AI vs Spend Analytics: An Honest Comparison

April 12, 2018By Jack QuarlesArtificial Intelligence

AI vs. Spend Analytics: An Honest Comparison If the difference between Spend Analytics and Artificial Intelligence (AI) in procurement is less than crystal clear in your mind, you are not alone. It’s almost as though whoever created these categories followed a recipe for confusion: Start with the name of a common activity Tweak that name … Read More

Suplari Raises $10.3 Million in Series A Funding to Reinvent Procurement Using AI

April 4, 2018By Gregg MakuchPress Releases

Shasta Ventures Leads Round to Drive Expansion of Cloud Software Company’s AI-Driven Insights Platform SEATTLE – April 5, 2018 – Suplari, the AI-driven insights platform for procurement, today announced that it has closed a $10.3 million Series A financing led by Shasta Ventures with participation from new investors including Two Sigma Ventures and Workday Ventures … Read More

AI in Procurement: What you Need to Know Now

March 21, 2018By Jack QuarlesArtificial Intelligence

AI in Procurement: What you Need to Know Now These are exciting days in Procurement. Among us is a star that glitters, generates buzz, and steals headlines. Like many celebrities it is instantly recognized by just two initials—AI—but goes by other names including machine learning (ML), robotic process automation (RPA), and cognitive procurement. By any … Read More