Cotiviti: Finally Another Enterprise Commerce Provider Goes Public
Cotiviti is a managed services provider that audits invoices and claims for its clients and shares in the savings they find.
SciQuest Agrees to Be Taken Private by Accel-KKR
Sciquest was private, then public (1999), then private (2004), then public (2010), now going private again as Accel-KKR announces deal to buy it for $509M.
Opus Capita
Who knew there was a second company in Espoo Finland (not Basware) that is a leader in e-billing and perhaps e-invoicing. Meet Opus Capita.
Gartner Procure to Pay Magic Quadrant with Updated Valuations
Take the Gartner Procure to Pay Magic Quadrant, add company valuations and voila you can see who is ripe for the picking!!
Upwork: Tweaking Pricing in a Two-Sided Marketplace
Upwork, the successor company to Elance and Odesk is tweaking its fees–not an easy task for a two-sided marketplace.
Oracle Buys Textura for $663 million
Oracle’s purchase of Textura shines a spotlight on two comparables: Aconex (Australia) and RIB Software (Germany).
Cvent to be Acquired by Vista Equity
From start-up to near bankruptcy to Unicorn to fallen angel to sold at a 70% premium. The wild ride of a B2B marketplace and application, Cvent.
Tungsten News and Investor Day
It’s sad to see Tungsten struggle. It’s predecessor OB10 practically invented e-invoicing. There are many lessons to be learned there, however.
Watson: Work On More Important Things Than Indirect Procurement
IBM’s Watson can help with indirect procurement. I hope it will work on much more important issues. I have some tongue-in-cheek suggestions.
