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MICROSOFT BUYS SPEND MGMNT CO. Featured

Microsoft has acquired spend management software company Suplari, whose application’s capabilities will be used in conjunction with Dynamics 365. Terms were not disclosed

The Suplari Spend Intelligence Cloud, designed for mid-size and large enterprises, utilizes artificial intelligence for automating analysis of current data and historical patterns from multiple data sources and brings to Microsoft a library of more than 175 insights. Beside the Spend Intelligence Cloud, the acquired company also markets Suplari Connect, which creates custom workflows that assign cases or opportunities to individuals across teams. A workflow “tracks progress, enables communication on updates, opportunities, and then tracks resolution and savings.”

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