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This weeks announcement that TPG and Corpay (formerly Fleetcor) will acquire AvidXchange in a $2.2 billion take-private transaction marks a significant moment in the evolution of the corporate B2B payments market. The move underscores the growing strategic importance of accounts payable (AP) automation and managed services, particularly in the underserved middle market.
Here are the results from the second, third, and fourth models using a 4-model Agent-based assessment tool that leverages my RAM 1998 to 2025 framework architecture logic. You can view the results of the first model through the following link: BMC to Coupa, Laserfiche to Ivalua, and other connect-the-dots between AI and ProcureTech. What’s The Connection Between AI and ProcureTech Providers?
“What should we do about the tariffs?” There’s no straightforward answer — every leader has a different expectation. CFOs want numbers. COOs want action. CEOs want strategy. And supply chain and procurement leaders need to be ready with the right response — fast. That’s why GEP has created a simple three-part framework that will help CPOs and CSCOs brief the board and C-suite with clarity and confidence.
This article is part of our ongoing series on digital procurement transformation. Previous articles explored the foundational steps organizations need to take when beginning a digital transformation journey: Part 1: Building the foundation How to approach digital transformation, whether starting from scratch or with limited technology. Part 2: Designing the transformation journey Best practices for structuring a phased, strategic roadmap.
The procurement department of a company can be one of its quiet driving forces. When well organized, it ensures savings, predictability, and speed. But when it’s disorganizedeverything stalls: emergency purchases, lack of supplies, unhappy suppliers, rework, and of course, wasted money. In this blog post, we will teach you on how to structure the procurement department.
The U.S.-China trade war is just one development in a shift in global sourcing and production that's been underway for years, says Kevin O'Marah, chief research officer and co-founder of Zero100.
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The U.S.-China trade war is just one development in a shift in global sourcing and production that's been underway for years, says Kevin O'Marah, chief research officer and co-founder of Zero100.
I am a big believer in procurement getting involved as early as possible in new product development based on all the market knowledge available. The worst-case scenario is product engineering developing a new product, selecting a supplier and then telling procurement to get on with negotiation. Thats why I was fascinated to get Lora Ceceres insights into how organizations need to adapt their approach to NPD, involving procurement from the start.
What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.
The best learning interventions don’t just happen. They are carefully designed combinations of various components that aim to engage and stimulate, impart knowledge, practice concepts, and link seamlessly to the overall goals established for both the educational program and the broader organisational outcomes required. This article outlines four key aspects to consider when designing training programmes to ensure the desired outcomes are achieved. 4 key considerations to design effective trainin
What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.
Speaker: Andrew Skoog, Founder of MachinistX & President of Hexis Representatives
Manufacturing is evolving, and the right technology can empower—not replace—your workforce. Smart automation and AI-driven software are revolutionizing decision-making, optimizing processes, and improving efficiency. But how do you implement these tools with confidence and ensure they complement human expertise rather than override it? Join industry expert Andrew Skoog as he explores how manufacturers can leverage automation to enhance operations, streamline workflows, and make smarter, data-dri
As a follow-up to yesterday’s post, Welcome To The Jungle: Sam Guptas Analysts GoneWild, in today’s panel discussion, I went back to 1980, and an AI company that was recently in the news, which could be a good solution development partner match for Coupa. I also discussed a 2009 company partnering with SAP Ariba and a 1987 AI company as a possible partnership match for Ivalua.
The role of a CFO is becoming more strategic than ever. As a finance leader in 2025, your role goes far beyond oversight. Youre expected to manage cost pressures, lead digital transformation, support strategic decisions, and respond to shifting regulatory and talent demands while keeping the business financially strong. A recent Gartner survey found that over 70% of CFOs are prioritizing improved financial metrics, storytelling, cost optimization, and transformation leadership.
The April 28 loss of radar and radio at the air traffic site for about 90 seconds last week led to multiple controllers taking trauma leave from work, contributing to an ongoing meltdown at Newark.
Tariffs are no longer just policy noise. They’re driving real, bottom-line impact. One policy shift and your sourcing strategy is upside down. This bulletin cuts straight to the point. How Market-Leading Companies Are Navigating Tariff Chaos with GEP’s AI-Powered Procurement Platform breaks down how procurement teams are staying ahead of the chaos with real-time insights, smarter sourcing moves and AI-powered agility.
More than a dozen airport towers would be revamped, and the agencys telecommunications network would be replaced with new fiber, wireless and satellite systems over the next three years.
Fire chiefs across the country face an ever-evolving set of challenges: from securing funding and managing grants to tackling firefighter safety concerns and addressing recruitment difficulties. On May 7, 2025, ProcurementExpress.com hosted a virtual roundtable where municipal fire chiefs came together to discuss these critical issues and explore practical solutions.
The right framework and training are crucial to lowering costs in labor management and freight consolidation operations, says Jeff Clark, executive vice president of ODW Logistics.
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Almost all ProcureTech solution providers talk about the importance of having clean data and then quickly move on to the AI magic show. AI is amazing. It has been around for a very long timelonger than my 40-plus years in the high-tech and procurement industry. But AI ain’t magic! Let me repeat that – with apologies to fellow grammar enthusiasts: AI AIN’T MAGIC!
For all the excitement surrounding recent progress in the development of artificial intelligence, there's a dark side to the technology that can't be ignored, says Guy Courtin, vice president industry and global alliance with Tecsys.
The deal includes a reduced tariff for some U.K. automobiles and is the first the Trump administration has secured after unveiling its reciprocal tariff plan in April.
Although Trump has paused an across-the-board 24% percent tax on imports from Japan until early July, tariffs of 25% on automobiles and auto parts are already hurting the countrys main exports to the U.S.
Procurement is in the middle of a tech tsunami. And if it feels like the old playbooks aren’t working anymore, that’s because they aren’t. Agentic AI. Autonomous procurement. Unified source-to-pay ecosystems. These innovations are converging and transforming how procurement teams operate. The GEP 2025 Procurement & Supply Chain Tech Trends Report breaks it all down.
Under the agreement, the U.K. would fast-track American goods through their customs process and reduce barriers on agricultural, chemical, energy and industrial exports.
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