Remove 2012 Remove Spend management Remove Supply Chain Analytics
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Which “Should Cost” ProcureTech Solution provider is the best in these three key areas?

Procurement Insights

Rank Provider Founded Reasoning 1 SAP Ariba 1996 Ariba was founded in 1996 (acquired by SAP in 2012), making it the oldest. 6 Coupa Software 2006 Founded in 2006, a relatively younger leader in spend management. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization.

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What the Coupa software acquisition means for procuretech

Procurement Software

They are arguably the market leader and self-proclaimed “inventor of the Business Spend Management (BSM) category”. Ariba was still predominantly an eAuctions platform and had yet to be acquired by their German parent company SAP, which didn’t happen until 2012. I’m writing a few weeks after a huge wave of layoffs was announced.