After a relatively quiet period on the merger and acquisition front in the procurement technology market so far in 2018, Proactis have announced the addition of Dutch spend management firm Esize into the group.
This follows a pattern of growth by acquisition by Proactis who have previously bought the likes of Due North, EGS and Intelligent Capture. Last year they made a significant step in what was an effectively a reverse takeover of Perfect Commerce and this is the first acquisition by the group since then.
As usual there’s some good analysis of the deal by our friends at Spend Matters which you can read here:
This is a subject that has promoted some very interesting comments and debate in recent times, not least because of the impact of the impressive range of spend management solutions available to procurement functions.
Our colleagues at Edbury Daley have been talking about this for some time and offer some insight from a skills, recruitment and development angle. They talk about three opportunities for procurement to move on from its current agenda. They are:
Brexit Related Challenges
Procurement as a force for good – CSR
Technology and the procurement skill set
As usual the excellent Spend Matters website has offered some fascinating thoughts from a different perspective. Here are there most recent articles:
The Future of Procurement – Part 1, A Quick Wander Through the Past!
The Future of Procurement – Part 2, What Needs To Change Now?
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