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 just as important as doing the right … Read More
Suplari Blog
Why Procurement’s Future is in the Long Tail
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
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
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
Suplari Adds Seasoned Tech Executive Brad DePew to Lead Global Sales
Suplari Adds Seasoned Tech Executive Brad DePew to Lead Global Sales SEATTLE – April 13, 2018 – Suplari, the AI-driven insights platform for finance and procurement, today announced that Brad DePew has joined the company as Senior Vice President of Sales, Field Operations and Account Management. A veteran sales leader with experience driving the adoption … Read More
AI vs Spend Analytics: An Honest Comparison
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
Shasta Ventures Leads Series A Financing to Drive Expansion of Cloud Software Company Suplari’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 funding led by Shasta Ventures with participation from new investors including Two Sigma Ventures … Read More
AI in Procurement: What you Need to Know Now
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
