Arrive Logistics, a freight brokerage company, announced their partnership with TriumphPay as well as the launch of an online freight portal called Carrier EDGE.
Salesforce, a cloud computing service as a software company, has recently announced the launch of Rebate Management, a new technology that allows companies selling through distributor channels to automate and leverage intelligent analytics for their rebate programs.
JAGGAER, an independent spend management company, has recently teamed up with TransferMate to extend its integrated solutions from “source to pay” to “source to settle.”
Transportation Insight, a North American provider of enterprise logistics solutions, recently announced the acquisition of Spend Management Experts LLC. Spend Management Experts is a provider of parcel optimization, transportation management and e-commerce services helping companies optimize their parcel and e-commerce spend.
VeriShip, a shipping expense optimization platform, recently announced a merger with Sifted, provider of a data science-driven predictive logistics platform.
American Express recently announced enhancements to Early Pay in the U.S., the company’s supply chain payment solution to give large companies and their suppliers the ability to pay and get paid when they want through a digital platform.
Avetta, a provider of supply chain risk management, launched Avetta Financial Risk, a tool for evaluating and monitoring the financial health of your supply chain, providing detailed financial metrics and ratings for accurate supplier evaluation.
Coupa Software, a provider of Business Spend Management, announced that it has acquired LLamasoft, a provider of AI-powered supply chain design and planning for a purchase price of approximately $1.5 billion.
Finance and supply chain: These two essential business functions speak different languages and live in different worlds. Both contribute mightily to the success and the profitability of their companies, in their own ways. Manufacturers need to get them to synchronize if they are to survive and succeed — and to achieve the agility and the resilience everyone strives for coming out of the pandemic crisis.