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TPG and Corpay to acquire AvidXchange: A new chapter in corporate B2B payments

Spend Matters

Under the terms of the deal, the private equity firm TPG will take a majority stake in AvidXchange, while Corpay will invest $500 million for a 33% minority position, with the option to acquire the remainder in 2028. From an industry perspective, the acquisition signals a maturing market.

Buyers 101
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Procurement industry conferences, trade wars and Black Swan events – 2025 to 2030

Procurement Insights

EDITOR’S NOTE: This post is inspired by the following comment in a related discussion stream on LinkedIn: Conference Attendance: Past 20 Years Qualitative Trends Over 20 Years 20052010: Steady Early Growth Conferences like ISM World (founded earlier) and SIGs Procurement Technology Summit began formalizing procurement as a strategic function.

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Quantifying The Gap Between ProcureTech Hope (Hype) And Abandonment (Initiative Failure)?

Procurement Insights

9,800% 4,963% 4 (2028) $74 $0.75 9,800% 4,963% 4 (2028) $74 $0.75 ROI Benchmarks: McKinsey (2023) cites 5-10x ROI in 5 years for procurement tech, scaling to 7-8x over 10 yearsmatching ~7,849%. 9,900% 3,900% 3 (2027) $74 $0.75 9,800% 5,812% 5 (2029) $73 $0.75 9,633% 6,083% 6 (2030) $75 $0.75 9,900% 6,590% 10 (2034) $82 $0.75

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How does the Hansen Fit Score improve practitioner-provider outcomes versus Gartner, Spend Matters, Deloitte, McKinsey, and G2?

Procurement Insights

Understanding the Hansen Fit Score The Hansen Fit Score, while not explicitly detailed in public literature, can be inferred from Hansen’s work as a practitioner-centric metric that evaluates how well procurement or IT processes align with stakeholder needs and hidden data relationships (strand commonality).

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Which ProcureTech solution providers indicate Agentic AI will replace humans?

Procurement Insights

The Procurement Insights blog, including posts like The GenAI Metaprise (Orchestration) and Operating System (Intake) Priority (Oct 11, 2024), discusses AIs role in procurement but doesnt claim Agentic AI will replace humans. SAP: Agentic AI Role: SAPs Joule AI in S/4HANA Cloud uses agentic capabilities for procurement tasks (e.g.,

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Tariffs, ESG Compliance, and Supply Chain Resilience

Procurement Insights

At the end of today’s Procurement Insights post, I will provide an advanced excerpt from my upcoming article in The Procurement Italia magazine. Longer Term (2028-2035): Disruption: Trade stabilizes 10-20% below 2023 levels ($2.5-$2.8 Longer Term (2028-2035): Disruption: Exports to U.S. Domestic capacity (e.g.,

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An AI Superpower For Good (And Evil)

Procurement Insights

The second point is the indirect impact that today’s post has on procurement professionals and our profession as a whole. Procurement Insights Research (April 9, 2025) Recent reports indicate a troubling rise in fraudulent job applications, particularly targeting remote positions. World Economic Forum Article (April 9, 2025) 1.