A Match Made in Procurement Heaven

A Match Made in Procurement Heaven

A Partnership Rooted in Strong Values and Procurement DNA

When Tom Beaty, a seasoned, visionary Procurement entrepreneur reached out to Pierre Laprée, there was a striking, immediate alignment: a shared vision of the need for procurement technology to elevate the role of the function and better align it with the strategic objectives of the organization.

Both were convinced that adequate answers for Procurement professionals’ most pressing needs could only be brought to life by true procurement experts and savvy technologists — which they both did when launching SpendHQ and Per Angusta! After years of growth and success in their respective companies, they were ready for the next step in expanding their capabilities and decided to join forces.

An Exciting Leap for Procurement Technology

According to SpendHQ founder and board chair Tom Beaty, “Pierre is the first procure-tech executive I have met in my 25-year career who shares a nearly identical vision to build a true platform for procurement professionals, going well beyond the transactional procure-to-pay suites of today.  The combination of these two successful firms plus our ambitious road map under the leadership of Scott will create something the procurement world has never seen.  And we are more than excited to partner with a high integrity private equity firm like Pamlico Capital to achieve this vision.”

SpendHQ has developed an unrivaled capability to cleanse, normalize, and enrich data. This data can be enriched with diversity and ESG-related information.

Built and backed by Procurement experts, SpendHQ injects deep expertise to help you discover, sustain, prove, and capture your spend insights like no one else on the market.

Per Angusta is the leading Procurement Performance Management solution that helps procurement managers see and track all procurement projects to make better decisions faster, confidently measure and show the impact, and improve business outcomes and alignment

“This is an exciting leap for procurement technology,” says SpendHQ CEO Scott Macfee. “Both of our organizations have a rich procurement history and a disciplined, customer-centric approach to building solutions. Our joining forces is a direct result of both customer and market feedback. Together, we’ll enable our customers to bridge the gap from spend analytics and opportunity identification to the execution and realization of their strategic objectives, whether bottom-line savings or non-financial goals such as diversity and sustainability.”

A Match Made in Procurement Heaven

Together the solutions provide a unique, end-to-end solution to understand spend, identify opportunities, implement them, and measure Procurement’s contribution in a transparent, indisputable way.

Our vision to create the most advanced platform to drive procurement operations excellence for our customers on a global scale has now taken an exciting step forward. This monumental investment and partnership will be a revolutionary leap for procurement technology and will bring with it a solid set of benefits for our customers.

“Per Angusta created the Procurement Performance Management segment. The combination with SpendHQ unlocks the potential to create a market-defining solution,” says Pierre Laprée, CEO and founder of Per Angusta. “As an entrepreneur, I am grateful I met Tom. Our common Procurement DNA, the alignment of our visions, and the values of our people are incredible. This union will accelerate our ability to use data to bring Procurement closer to Finance and the C-suite, and ultimately elevate the role of Procurement.”

Our platforms allow for the ultimate procurement performance optimization:

Consolidate, Cleanse and Enrich Spend Data

Visualize Spend Data

Surface Spend Insights and Savings Opportunities

Manage Project Performance

Select Projects based on Insights and Opportunities

Track Financial Results

Manage Categories

Manage Contracts

Please reach out to us at any time. We are scheduling demos, media interviews, and client consultations, or happy to chat over email if you have any quick questions.

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