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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. 8 Keelvar 2012 Founded in 2012, a decade of experience in sourcing optimization. 9 Lytica 2015 Established in 2015, a newer player in supply chain analytics.

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What the Coupa software acquisition means for procuretech

Procurement Software

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. Perhaps one of the rapidly scaling supply chain analytics platforms will expand into procuretech and do what Coupa failed to do with their Llamasoft acquisition.