In the dynamic realm of procurement, leveraging cutting-edge technology and innovative methodologies isn't just advantageous—it's essential. At Arkestro, we're not merely tracking industry trends; we're creating them. Ben Leiken, Arkestro’s Chief Technology Officer,...
The procurement workload is expected to increase by 10.6% in 2023, even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. The result? An industry productivity gap of 7.4% and an efficiency gap of 7.8%,...
Arkestro was recognized with the designation of “Value Leader” in the Sourcing category of Spend Matters’ Fall 2022 SolutionMap rankings. The Spend Matters SolutionMap is widely known as the most rigorous assessment of procurement technology functionality in the...
Arkestro, the leading predictive procurement orchestration platform, has caught the eye of the Spend Matters analyst team as an up-and-coming player they think their practitioner readers and members should get to know. On October 17, Spend Matters released their 50...
Arkestro is the leading Predictive Procurement Orchestration platform, and now it’s about to undertake the next stage in its growth story. The company is pleased to announce that it has successfully landed Series A funding of $26 million. This round of funding was...
In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. This year’s cycle featured 69 leading vendors across ten different technology categories. Spend Matters’ analysts ranked Arkestro’s Predictive Procurement...
Bid Ops started as an e-sourcing company powered by AI. The AI simulated a sourcing event before it began in order to generate a target outcome. The key benefit of this autonomous “suggested price” approach to strategic sourcing is 2-5x savings impact in days, not...
As we enter into a new year, Arkestro (formerly Bid Ops)—the pioneer in Predictive Procurement Orchestration platform— has been named as a 2021 Gartner® Cool Vendor in Strategic Sourcing Technology. Here’s everything you need to know about what Gartner researchers see...
New Feature | Faster Line Item Imports via Flatfile Brand new from Arkestro: It’s now easier and faster than ever to import your lots and line items into Arkestro using the spreadsheet format of your choice! Our updated import experience allows you to bring your own...
In the dynamic realm of procurement, leveraging cutting-edge technology and innovative methodologies isn't just advantageous—it's essential. At Arkestro, we're not merely tracking industry trends; we're creating them. Ben Leiken, Arkestro’s Chief Technology Officer,...
The procurement workload is expected to increase by 10.6% in 2023, even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. The result? An industry productivity gap of 7.4% and an efficiency gap of 7.8%,...
Arkestro was recognized with the designation of “Value Leader” in the Sourcing category of Spend Matters’ Fall 2022 SolutionMap rankings. The Spend Matters SolutionMap is widely known as the most rigorous assessment of procurement technology functionality in the...
Arkestro, the leading predictive procurement orchestration platform, has caught the eye of the Spend Matters analyst team as an up-and-coming player they think their practitioner readers and members should get to know. On October 17, Spend Matters released their 50...
Arkestro is the leading Predictive Procurement Orchestration platform, and now it’s about to undertake the next stage in its growth story. The company is pleased to announce that it has successfully landed Series A funding of $26 million. This round of funding was...
In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. This year’s cycle featured 69 leading vendors across ten different technology categories. Spend Matters’ analysts ranked Arkestro’s Predictive Procurement...
Bid Ops started as an e-sourcing company powered by AI. The AI simulated a sourcing event before it began in order to generate a target outcome. The key benefit of this autonomous “suggested price” approach to strategic sourcing is 2-5x savings impact in days, not...
As we enter into a new year, Arkestro (formerly Bid Ops)—the pioneer in Predictive Procurement Orchestration platform— has been named as a 2021 Gartner® Cool Vendor in Strategic Sourcing Technology. Here’s everything you need to know about what Gartner researchers see...
New Feature | Faster Line Item Imports via Flatfile Brand new from Arkestro: It’s now easier and faster than ever to import your lots and line items into Arkestro using the spreadsheet format of your choice! Our updated import experience allows you to bring your own...