Directworks: Almost Famous: Ivalua Acquires Directworks

Categories: Breaking News, Category Intelligence (Direct), eProcurement / Procurement, Invoicing, M&A, P2P, Solution Providers, Sourcing, TechnologyTags: Breaking News, technologyConfirming the spend management industry rumor mill, Ivalua today announced its acquisition of Directworks. The deal lends serious credence to Ivalua's tag line - "One Suite. Infinite Possibilities" - as it has the potential to establish Ivalua as the market's only native, end-to-end source-to-pay (S2P) solution. In terms of indirect spend know-how, Ivalua is a thought leader and its software is top drawer. On the direct side, Directworks goes deep, delivering Ivalua an arsenal of hard-fought intellectual property based on battle-tested experience.(Read more...)