ConnXus is integrating its supplier data solutions into the eProcurement tool JAGGAER Direct.
The companies said late last week that they are partnering up to enable procurement managers to gain greater insight into their suppliers, inventory and supply chains. Specifically, ConnXus is linking its SmartScrub data validation capabilities into JAGGAER Direct, a solution that provides insight into supplier diversity efforts, which, according to the Hackett Group research, may help businesses increase market share and have procurement expectations met.
“Efficient data management is at the top of procurement professionals’ minds,” said Daryl Hammett, ConnXus’ chief operations officer and co-owner, in a statement. “Not only does SmartScrub streamline data efficiency, it allows for managers and decision-makers to instill goals for supplier innovative and competitive advantages. We are excited to be working with JAGGAER Direct and to be integrating SmartScrub into their cognitive procurement solutions.”
“Procurement leaders can be responsible for managing thousands of suppliers on several fronts, including financial stability, adherence to regulations and supplier diversity,” said JAGGAER CEO Rob Bonavito in another statement. “Failing to meet any of these standards can pose a massive risk to a company. JAGGAER Direct is thrilled to be partnering with ConnXus, and integrating SmartScrub data validation, to provide procurement managers with a comprehensive view of their diverse suppliers.”
Last month, ConnXus announced another integration, linking its solutions into procure-to-pay company BuyerQuest via API to integrate supplier management into the eProcurement process.