SpendHQ Names David Bush Chief Revenue Officer
SpendHQ Names David Bush Chief Revenue Officer
SpendHQ Welcomes Industry Veteran David Bush
SpendHQ, the spend analysis software created for procurement leaders by procurement leaders, announced today that it hired industry veteran David Bush as Chief Revenue Officer.
In this new role, David Bush will be responsible for driving revenue across all SpendHQ solution offerings worldwide in addition to a growing global partner network. He along with SpendHQ SVP Darren Shipp will manage the company’s ongoing relationships with all its clients. David brings over 17 years of technology experience in the sourcing and procurement SaaS industry. He is consistently recognized as a leader in procurement technology and high-growth SaaS companies.
David was the Chief Executive Officer and co-founder of Iasta, which was acquired by Determine in 2014 and was recognized multiple times as a Gartner Magic Quadrant “Leader” for Strategic Sourcing Suites. Most recently, David served as the Chief Revenue Officer for Determine, an enterprise source-to-pay suite solution, where he successfully led the growth transformation and turnaround.
“We are happy to announce the addition of David Bush to our team to focus on the growth of SpendHQ, our spend analysis software division,” said Tom Beaty, CEO and founder of SpendHQ. “SpendHQ has seen extraordinary growth over the past three years, and we are excited to have David build upon this strong foundation. David brings a tremendous depth of procurement and sourcing knowledge and has had great success building client relationships in the procurement space where he is known as an innovator. We are excited to have him step up to this critical role.”
“I am honored to be part of Insight Sourcing Group’s spend analysis division, one of the best run and fastest-growing companies in our industry,” said David Bush. “The potential for SpendHQ to continue its amazing growth is very exciting, and I am very happy to be afforded this opportunity. I look forward to using my experiences and skills to be part of a truly strategic company and with an exceptionally talented team which will continue to expand its disruptive market position.”
SpendHQ is an award-winning SaaS spend analysis solution created by the procurement leaders at Insight Sourcing Group, one of the largest boutique consulting firms in North America focused exclusively on strategic sourcing, spend analytics and procurement process transformation. Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list, and listed as a finalist in the CODiE 2016 Awards as a “Best Supply Chain Management” solution.
David Bush’s Biography
David Bush is a leading subject matter expert in the field of procurement, enterprise contract management and supply management. Prior to his appointment to the new role of SpendHQ’s Chief Revenue Officer, he held the position of Chief Revenue Officer at Determine. Mr. Bush was a founder and CEO of Iasta, a SaaS-based sourcing and spend management solutions company. Iasta was acquired by Determine in July 2014. Prior to co-founding Iasta, David was the co-founder of EcoSearch Environmental Resources, an internet-based risk solution founded in 1994. At its founding, the company was a leading innovator in the space and delivered GIS mapping risk data electronically via the nascent World Wide Web, delivered by technology that would later be known as SaaS and cloud-based software.
David graduated from Indiana University in Bloomington, Indiana, with a degree in Environmental Science and Management, and is part of Butler University’s Corporate and Executive Education program. In addition to his professional duties, David volunteers his time as the chairman for the Business Administration Advisory Council of Ivy Tech College, and is a board member of Triton Brewing Co.
SpendHQ is a spend analysis solution that provides rapid, accurate and detailed visibility into enterprise spend data. This full-service SaaS (Software-as-a-Service) spend analytics solution delivers actionable insight for sourcing and procurement professionals.
Recognized for innovation and industry impact in the procurement space, SpendHQ was named to the 2015 Red Herring Global 100 list, and listed as a finalist in the CODiE 2016 Awards as a “Best Supply Chain Management” solution. With SpendHQ at their fingertips, clients ranging from Fortune 500s to mid-market companies are finally able to see their enterprise spend clearly and drive savings confidently.
As a standalone extension of Insight Sourcing Group, SpendHQ is built by industry leaders with unmatched sourcing knowledge. Inc. Magazine has ranked Insight Sourcing Group among the fastest-growing private companies in America every year since 2008. In 2015, Insight Sourcing Group was also named the #1 Boutique Consulting Firm in the U.S. by Vault.com and the #1 Small Strategy Firm by Consulting Magazine.
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