ConnXus
Acquisition in 2020
ConnXus, Inc. is a provider of online services that facilitate connections between diverse and small businesses and larger companies seeking to enhance their supplier diversity. Based in Mason, Ohio, with a satellite office in Portland, Oregon, ConnXus focuses on streamlining corporate purchasing by enabling organizations to find, evaluate, and engage performance-rated small, minority, and woman-owned businesses across various sectors, including construction, transportation, and information technology. The company offers several tools, including ConnXus Scrub, which enriches supplier data, and TierTracker, a platform for reporting and management of supplier diversity initiatives. Additionally, ConnXus provides a marketplace that allows users to network and exchange best practices among supplier diversity professionals. The firm supports registered suppliers in marketing their services and maintaining current certifications. ConnXus serves a range of clients, including Fortune 2000 and Fortune 500 companies, and is certified as a minority-owned business enterprise by several organizations.
Aquiire
Acquisition in 2018
Aquiire, Inc. is a provider of eProcurement procure-to-pay software that enhances B2B shopping experiences for buyers and suppliers. Founded in 2000 and based in Cincinnati, Ohio, the company was previously known as Vinimaya, Inc. Aquiire's platform features a real-time procure-to-pay suite that combines the convenience of consumer shopping with robust compliance and savings. Its offerings include patented universal search and shopping, machine learning, actionable intelligence, and collaborative supplier enablement. The intuitive user interface allows users to perform real-time low-price comparisons across various suppliers, delivering significant savings on indirect spend. Aquiire serves a diverse range of industries, including manufacturing, healthcare, life sciences, and higher education. The company operates as a subsidiary of Coupa Software Incorporated, emphasizing its commitment to transforming the procurement experience for organizations.
SIMENO Systems
Acquisition in 2017
SIMENO Systems develops electronic purchasing solutions and specializes in cross-catalog search and catalog management. Based in Basel, Switzerland, the company creates localized content from third-party supplier sites to power cross-catalog searches across leading B2B marketplaces.
Trade Extensions
Acquisition in 2017
Trade Extensions specializes in strategic sourcing through its innovative platform, TESS™, which facilitates a wide range of sourcing projects. These projects can vary from simple reverse auctions to complex initiatives involving goods and services valued in the billions, handling millions of data items and accommodating multiple negotiation rounds. The software is designed to be highly flexible, enabling businesses and sourcing professionals to make informed, optimized sourcing decisions that align with their strategic objectives.
Spend360 International
Acquisition in 2017
Spend360 International Ltd is a data analytics company based in Guildford, United Kingdom, specializing in artificial intelligence and procurement solutions. The company offers a range of services including spend analysis, data cleansing, due diligence, and supplier compliance. With a focus on utilizing deep machine learning, Spend360 structures and cleanses data to make it actionable for finance and procurement teams. Its clientele includes notable organizations such as Nissan, Schroder Investment Management, HMV, and Xchanging. Spend360 has established partnerships with firms like Capita, PROACTIS, Wax Digital, and Scanmarket. As of January 2017, Spend360 operates as a subsidiary of Coupa Software Incorporated.
ZenPurchase
Acquisition in 2015
ZenPurchase, Inc. is a San Francisco-based company that offers a collaborative B2B purchasing platform designed for large organizations, particularly procurement departments within Fortune 1000 enterprises. The platform aims to modernize the procurement process by facilitating efficient management of supplier relationships, from the initial request for proposal (RFP) to supplier onboarding and performance management. Unlike traditional procurement software solutions, which can be cumbersome and costly to implement, ZenPurchase provides a cloud-based, agile alternative that is responsive to the specific needs of its clients. The company's innovative approach enhances visibility and engagement in the RFP process, accelerates procurement operations, and simplifies supplier interactions, ultimately driving more effective purchasing strategies. As of early 2015, ZenPurchase operates as a subsidiary of Coupa Software Incorporated.
Cirtuo develops supplier relationship and procurement management software that helps procurement teams achieve strategic breakthroughs. Its web-based tools support management of strategic activities across the procurement lifecycle, including category management with visibility into spend and profitability for direct and indirect procurements, supplier performance and risk management, and a procurement management module to monitor sourcing and procurement processes. The software emphasizes AI-enabled Guided Strategy Creation to help develop, validate, and implement category and supplier strategies, translating strategy into actionable day-to-day activities. Cirtuo aims to streamline collaboration, reduce errors, deliver accelerated savings, and provide measurable value backed by benchmarks.