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Asda expands partnership with SAP SE by choosing RISE with SAP S/4HANA

Wednesday 15th December, 2021

SAP SE has announced that Asda has expanded its strategic partnership by choosing RISE with SAP S/4HANA on Microsoft Azure as the Digital Core for its future platform. This is supported by SAP Business Technology Platform and SAP Ariba solutions to digitalise procurement operations.

Sovos acquires TLI Consulting GmBH

Tuesday 14th December, 2021

Sovos has announced it has acquired Germany-based TLI Consulting GmBH. The move will help advance Sovos’ value-added tax (VAT) determination capabilities. The terms of the deal were not disclosed.

Corcentric to combine with North Mountain Merger Corp

Monday 13th December, 2021

Corcentric and North Mountain Merger Corp a publicly traded special purpose acquisition company have announced that they have entered into a definitive agreement to combine. This would result in Corcentric becoming a publicly listed company.

Tradeshift has secured more than $200m in funding

Friday 10th December, 2021

Tradeshift has secured more than $200m in funding and debt from a combination of existing and new investors, including Koch Industries, one of the largest privately held companies in the US. Participation also came from IDC Ventures, LUN Partners, Private Shares, and Fuel Capital who increased their existing stake in Tradeshift’s combined portfolio of enterprise SaaS, marketplace, and fintech products serving the world’s most dynamic B2B community of digitally connected buyers and suppliers. The capital will be used to optimise Tradeshift growth and balance sheet to continue scaling the business.

Spain approves mandatory B2B e-invoicing

Thursday 9th December, 2021

Spanish Ministers have recently agreed a draft law ‘Crea y Crece’ in the country, with the aim to mandate electronic invoicing in the B2B sector.

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