A Day in the Life of a Suplarian

November 8, 2019By Sonora HetrickBlog

At Suplari, our work culture is a point of pride for us. We believe work should be something you look forward to daily. To foster this belief, we have team events throughout the year to celebrate our amazing people and the effort they put into making Suplari a great product for our customers. A favorite … Read More

How Procurement Innovators Drive Outsized Savings

November 6, 2019By Niki ParekhBlog

The most innovative procurement teams in the industry are driving outsized results, achieving 1.5x greater savings per year than their peers, greater spend under management and better reputation across business stakeholders. Everest Group did a deep dive into the core drivers of success and discovered 6 distinctive drivers: innovation strategy, analytics adoption, strategic sourcing, risk … Read More

What Does the ScoutRFP Acquisition Mean for Procurement?

November 5, 2019By Niki ParekhBlog

Today, Workday announced the $540m acquisition of a procurement SaaS start-up called ScoutRFP which has created an easy to use request for proposal (RFP) tool for procurement teams. Using ScoutRFP, procurement teams and stakeholders across the business can email suppliers to compete for an opportunity at their enterprise. Scout created a pipeline product which allows procurement … Read More

Suplari Showcases Modern Spend Analytics and Supplier Management System at Workday Rising

October 14, 2019By Juliet LouwBlog

Suplari, the first AI-driven spend analytics and supplier management system for modern procurement will be a Workday Ventures exhibitor at Workday Rising. Workday Rising is Workday’s annual gathering of customers, prospective customers, partners, and employees that collaborate and learn how Workday helps organizations achieve their growth objectives and prepare for the future. This year’s Workday … Read More

Detecting Enterprise-wide Employee Spend Fraud is Easy with AI-powered Insights

October 7, 2019By Mirza AvdicBlog

One of our multi-national conglomerate customers had an interesting task they wished to tackle with Suplari’s help. Their Procurement team caught word that the company’s employees were charging multiple Amazon Prime memberships to their corporate credit cards. If true, this presented two potential problems to the company: There was untapped potential to negotiate and consolidate … Read More

How to Expense Your $500 Uber Ride (And Get Away With It)

September 24, 2019By Niki ParekhBlog

A Suplari Origin Story As the CFO saw the data, she yelled, “Are you telling me that an employee expensed a $500 Uber ride?  Where were they going?  St. Louis?  I want to know who the employee is, who their manager is, where they were going, and how this expense got approved!” For every CFO, … Read More

Suplari Raises Additional Financing to Support the Launch of AI-Driven Enterprise Insights System

September 4, 2019By Mari StromPress Releases

Suplari, Inc. today announced the launch of the first AI-driven enterprise insights system for procurement, finance, and IT, backed by additional financing from Amplify Partners, Madrona Venture Group, Shasta Ventures, Two Sigma Ventures, and Workday Ventures. This new investment will allow Suplari to expand its core technology platform that rapidly builds proactive, AI-driven insights from … Read More

Connecting the Dots Within Your Contracts

August 21, 2019By Mari StromBlog

Procurement and finance teams are constantly challenged with finding cost savings and strategic advantages within their company’s contracts. Yet amongst the hundreds of contracts and supplier activity that an organization has to manage, these opportunities can literally be like trying to find a needle in a haystack. With the help of AI, contract and AP data … Read More

Recession Warning Signs Are Flashing Red

August 19, 2019By Niki ParekhBlog

Procurement & finance teams and anyone with a 401k witnessed the extreme volatility of the stock market during the week of August 12th.  The financial markets are predicting a near term recession. The US-China Trade War is causing a global slowdown.  It is hitting Asia and Europe first. The US economy seems very strong right … Read More