ProcureTech SIGNALS 2022 Issue #29
Welcome to ProcureTech's weekly LinkedIn newsletter!
Last week, in part 1, we spotlighted which of the pioneering solutions named in the 2021 ProcureTech100 have since achieved unicorn status 🦄 In part 2, we look at the 2021 ProcureTech100 pioneers that have attracted funding and investment⚡️⚡
“Procurement sits at the forefront of the entire upstream ecosystem. It can have a big impact on the business and on how its supply chains are designed.”
Tim Grunow, Managing Director and co-founder of Archlet
Tim features in ProcureTechSTARS discussing 'B2C-ifying' procurement, helping procurement teams make better sourcing decisions faster, psychological safety and Ben Horowitz.
In Fujitsu's Global Sustainability report, 41% of respondents said sustainability is in management's top 3 priorities. Sustainability continues to lead business priorities, along with digitalisation efforts. The report delves into which organisations are already maximising their sustainable endeavours by using digital and which ones are falling behind and why.
We're accepting applications for the Sustainable Procurement ACCELERATOR, the catalyst for smarter, stronger, sustainable digital procurement partnerships. Submit your challenge or sustainability solution on our platform!
Over 25% of the 2021 ProcureTech100 digital procurement pioneers have received funding since October last year 🚀
In part 2 of our review of the 2021 ProcureTech100, we focus on continued investment.
Across all areas of procuretech from series A to E and sourcing to marketplaces, risk and sustainability, funding flows into the pioneering digital solutions. Part 1 looked at which solutions have joined the 'unicorn club' over the last year 🦄 Now we examine which ProcureTech100 pioneers have achieved significant funding and investment, propelling their growth and potential to shape the digital future of procurement.
ProcureTechSTARS with Tim Grunow, Co-founder and Managing Director of Archlet ⭐️
He shared his thoughts on B2C-ifying procurement, psychological safety and Ben Horowitz.
Tim Grunow, Managing Director and one of Archlet's three co-founders, features in our recent ProcureTechSTARS session, where he discussed helping procurement make better sourcing decisions faster with data as well as strategic insights, business transparency and... negronis!
56% are already implementing digital technologies into their sustainability initiatives 🌍
How do you lead the way?
Fujitsu's Global Sustainability report unveils how digital capabilities are empowering organisations and maximising their value to support their strategic sustainable initiatives. Using data collected from its online survey with 1,800 decision makers, Fujitsu uncovers which priorities come out top for organisations and how digital transformations act as a key enabler for sustainability transformations.
News
The news that matters this week...
Recommended by LinkedIn
Experiences
The must-attend digital and procurement experiences...
🎉 Let's talk permissionless procurement Paid 25 July
🎉 Rethinking Digital Procurement Beroe Inc 27 July
🎉 Women in ERP SourceDay 2 August
🎉 Intelligent Automation leads banks into enterprise growth FST Media 3 August
🎉 Conga Connect 2022 - Reimagine Revenue Management Conga 30-31 August
🎉 eWorld Procurement & Supply eWorld 20 September
🎉 ProcureCon Europe ProcureCon 27-29 September, Barcelona
🎉 Procurement & Supply Chain Management in Oil & Gas Prospero Events Group 18-19 October
🎉 Procurement Process Success Summit 2022 Beverf 17-18 November, Shanghai
Podcast
Check out the featured podcast...
🔎 Our CEO Lance Younger spoke to Beroe Inc, a SaaS-based procurement intelligence and analytics provider, about the importance of procurement digitalisation and its impact over the next few years. Listen here 🎧
If you enjoyed this newsletter, then please share with your peers and friends, more collaboration and conversation = more inspired action!
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As usual, we'd also love to hear your wisdom, feedback and suggestions on any 'hot' 🔥 digital procurement topics or events you'd like to hear more about or to share.
The ProcureTech Team