Scout RFP, which works in cloud-based sourcing and supplier engagement, has integrated with artificial intelligence (AI)-driven analytics platform Suplari in a bid to let customers access better spend visibility and analytics, according to a press release. The integration comes after Scout RFP’s acquisition by Workday...
Workday is going to acquire cloud-based procurement and e-software company Scout RFP for $540 million, according to reports. Based in San Francisco, Scout RFP is designed to aid organizations with their procurement processes, from intake through supplier management. “As organizations face growing business complexities while...
Procurement, like other finance-related areas in the enterprise, is quickly finding itself with a seat at the corporate leaders’ table — but it hasn’t necessarily been an easy ride to get there. Even as new technologies offer sophisticated eProcurement, eSourcing and spend management solutions for corporates,...
By now it’s not news that procurement has gone through an evolution, one that is digital, automated and a potential area of strategy for the overall enterprise. But what may come as a surprise is that strategic sourcing has emerged as one of the most...
September 18, 2023
Levelpath has raised $44.5 million to launch its artificial intelligence (AI)-powered procurement platform. The company aims to enhance the procurement experience by introducing a procurement platform that is AI-powered and mobile-first, the company said in a Monday (Sept. 18) press release. Levelpath was founded by CEO Alex Yakubovich and President Stan Garber, who were previously the founders of Scout RFP, […]