- In April 2024, Iris Software Group partnered with Amazon Business to streamline procurement for UK schools. This collaboration enables 5,254 Iris customers to purchase supplies directly from Amazon Business through Iris Financials, the group's cloud-based school finance software. The integration simplifies purchasing by offering automatic purchase order generation, approvals, and reconciliation, reducing manual steps for school administrators. Schools can now access Amazon Business’s digital catalogue within Iris Financials, ensuring a seamless procurement experience
- In January 2024, Ever.Ag acquired PrairiE Systems, reinforcing its commitment to enhancing the global food supply chain, particularly in animal protein production. PrairiE Systems specializes in feed management software, including the Feed Allocation System (FAS) and Smart Order, an e-procurement system for streamlined feed ordering. This acquisition highlights the integration of technology into procurement processes, shaping the evolving landscape of agricultural software solutions
- In January 2024, Relish introduced its Procurement Assistant, an AI-powered tool designed to streamline enterprise application interactions and optimize procurement workflows. Using natural language processing, this assistant enables intuitive, conversational engagement, allowing users to efficiently manage supplier relationships, sourcing, contract management, and purchasing. The solution spans multiple procurement systems, ensuring seamless integration and uninterrupted workflows. By leveraging large language models, Relish aims to enhance efficiency and decision-making in procurement operations
- In December 2023, Pivot, a French procurement software startup, secured €20 million in Series A funding, highlighting investor confidence and the rapid growth of the procurement software market. The funding round was led by Visionaries, Emblem, Anamcara, and Oliver Samwer, reinforcing the industry's recognition of innovative tools that streamline procurement processes. Pivot's solution integrates seamlessly with ERPs, offering automation and spend management capabilities tailored for modern enterprises. This investment reflects the increasing demand for efficient procurement solutions across various sectors
- In October 2023, Atamis announced its partnership with Maximus UK to provide advanced procurement software, optimizing sourcing processes and enhancing efficiency and cost-effectiveness. This collaboration aims to streamline procurement operations, ensuring data-driven decision-making and risk management improvements. By integrating Atamis software, Maximus UK is set to modernize supplier management, reduce costs, and boost operational transparency
