Selectica adds b-pack, leader in Purchase-to-pay (P2P) software to their product-portfolio. Visit http://www.selectica.com/blog to integrate your CLM, Sourcing and Procure-to-Pay
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Welcome b-pack! | Selectica
1. SOCIAL CONTRACTING: Welcome b-pack!
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Welcome b-pack!
Written by Blaine Mathieu
As CEO of Selectica I am very excited about the opportunity to add industry-leader b-pack to our product
portfolio, global market presence, and the amazing team of professionals we have working to serve our clients.
It has long been our goal to expand our enterprise CLM and supply management solution to include
downstream or purchase-to-pay solution as a part of our strategy. Enterprises, increasingly frustrated with the
inefficiencies of managing a myriad of suppliers and disconnected information, are moving to unify and
integrate solutions across different departments. They can now confidently choose Selectica as their "one-stop-
shop" for everything they need regarding enterprise contract lifecycle management, supply management, and
the integration between the two.
Another significant benefit of merging with b-pack is the expansion of our global footprint. The combined
organizations with b-pack’s foothold in France – and Western Europe more generally – is a perfect complement
to the Selectica business, which has been historically focused on North America and the UK. Our international
enterprise clients are increasingly asking for a more localized, yet extensive global presence and now we can
clearly fulfill their requirements.
From a financial perspective, b-pack continues the path that Selectica initiated with its acquisition of supply
management leader IASTA. By merging with a strong, private company, Selectica's financial performance was
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enhanced. The results, as indicated in our recent quarterly announcements, speak for themselves; and b-pack
will advance our gains even further.
Most importantly, we have now significantly augmented our most important resource: our people. The people
of Selectica, IASTA, and b-pack – together – are a truly powerful force in the industry, combining years of insight
into our clients’ needs and the ability to translate that into the most effective combination of products and
services in the industry.
Welcome, b-pack, to the Selectica family. You have found a great home where we will become even more
successful together!