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Microsoft plans to acquire Suplari, a company that offers data analysis software for companies to manage supplier spending, and use the company’s capabilities to improve its Dynamics 365 product.
Microsoft CEO Satya Nadella described Dynamics 365, Microsoft’s enterprise resource planning (ERP) and customer relationship management (CRM) offering, as creating “a new generation of business applications” during the tech giant’s earnings call Tuesday.
Suplari, based in Seattle, provides analysis on how much companies spend on suppliers by drawing in data from contracts, purchase orders, invoices, expenses, supplier risk and other sources, according to a statement Wednesday. The company works with mid-sized and large enterprises.
Microsoft To Enhance Dynamics 365 With Planned Suplari Acquisition
“Today’s announcement also signals our continued commitment to enabling organizations to move beyond transactional financial management to proactive operations that enhance decision making, mitigate risks, and reduce supplier costs through our data-first approach,” Frank Weigel, Microsoft’s vice president of Dynamics 365 Insights Product Group, said in a blog post Wednesday. By Wade Tyler Millward July 28, 2021, 03:57 PM EDT
Microsoft plans to acquire Suplari, a company that offers data analysis software for companies to manage supplier spending, and use the company’s capabilities to improve its Dynamics 365 product.
Microsoft CEO Satya Nadella described Dynamics 365, Microsoft’s enterprise resource planning (ERP) and customer relationship management (CRM) offering, as creating “a new generation of business applications” during the tech giant’s earnings call