e-Procurement Software

Last month, Hackett, the authority on P2P, published their 2015 Key Issues study, an annual review of the priorities facing procurement organisations. The headline results go like this: Procurement leaders are planning to focus their transformation efforts in three areas this year to achieve the biggest enterprise...

Like buses, you wait for one for ages then two come at once. It was only a few weeks ago I was speaking to Perfect Commerce - a rebranding of one of the great names of the past, CommerceOne - and this week I had the great pleasure to speak with Deem - one of the other greats. You'd be forgiven for not recognizing the name. Deem is a re-branding of a product that many will be familiar with - Ketera. Deem acquired Ketera in 2010 and today they're announcing what is in effect a relaunch. In their words "Deem Spend has been re-branded, refreshed and revitalized to automate entire sourcing processes and maximizes savings for our customers on every transaction".

It’s quite easy to “get” the benefits of e-procurement – electronic catalogues linked to a purchase approval workflow. It’s a no brainer and it was one of the most successful B2B technology of the 1990s as the opportunity was seen to emulate the ease of buying that amazon, Dell and eBay offered. But it was never as straightforward as the B2C equivalent. You don’t need to account for everything you buy on eBay and apply GL codes and cost centres and we don’t need a 3 way match. That’s why Amazon is easy. (How many times have you heard someone in business complain about their ERP purchasing module asking why it can’t be like Amazon?) And what about e-invoicing? That seems like a compelling proposition until you try to automate Accounts Payable in an environment where the purchasing process is out of control.