Press Room
Media coverage and the latest Scout RFP news
Media Coverage
For many SaaS companies – rapid growth brings a wealth of new challenges to tackle – particularly when it comes to recruiting and enabling sales teams to meet revenue targets and lay a foundation for customer success, at scale. Continuing to scale a sales team after an acquisition requires focus on three core areas –...
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Scout RFP has taken on some of the largest enterprise technology companies in the world by designing an intuitive platform for procurement that has been adopted by clients including Netflix, Sephora, Hulu and others. The San Francisco-based startup taps feedback from hundreds of procurement professionals to create a cloud-based alternative to manual Excel spreadsheets that streamlines companies’ sourcing and supplier...
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Growing economic uncertainty, geopolitical unrest, and emerging cyber threats mean that security and risk management are now critical boardroom priorities. If that weren’t enough, businesses today are not only accountable for the factors that impact them directly, but they’re also responsible for those that impact their suppliers. Take the recent Quest Diagnostics data breach as an example....
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PLEASANTON, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, has completed its acquisition of Scout RFP, a leading cloud-based platform for strategic sourcing and supplier engagement. With Scout RFP now part of Workday, customers will be able to expand how they plan, execute, analyze, and extend in one...
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When CEOs partner with procurement, they can dramatically increase their business’s profitability while maintaining growth goals and reducing risk. Like most CEOs, my role at Scout encompasses everything from improving our product offerings to growing our customer base to making strategic financial decisions—and everything in between. With so many duties to juggle, it isn’t surprising...
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Workday Inc.’s acquisition of sourcing firm Scout RFP Inc. brings it further along the path to becoming a full-service ERP vendor, according to analysts. Workday is paying $540 million for San Francisco-based Scout, the firm said this week. The deal is expected to close in Workday’s fourth quarter, which ends Jan. 31. This is the...
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Workday announced this afternoon that it has entered into an agreement to acquire online procurement platform Scout RFP for $540 million. The company raised more than $60 million on a post valuation of $184.5 million, according to PitchBook data. The acquisition builds on top of Workday’s existing procurement solutions, Workday Procurement and Workday Inventory, but Workday chief product product officer Petros...
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Workday, Inc. (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, and Scout RFP, a leading cloud-based platform for strategic sourcing and supplier engagement, have signed a definitive agreement under which Workday will acquire Scout RFP in an all cash transaction. Comments on the News “Scout RFP is an industry leader that is loved by procurement teams...
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Sourcing and procurement play a crucial role in every organization, helping mitigate risk, manage spend, improve supplier performance, and so much more. Even in today’s digital age, though, businesses continue to use legacy ERP tools, spreadsheets, emails, and other decentralized tools to manually manage procurement. That’s where Scout RFP comes in to provide much-needed capabilities of collaboration, real-time...
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BOSTON – Ardent Partners, a leading analyst firm focused on supply management, hosted the fourth annual CPO Honors Gala, in Boston yesterday. During the ceremony, sponsored by Tradeshift, Ardent Partners presented awards for outstanding performance and execution in the last year – “The CPO Honors” – to a variety of high achievers including Chief Procurement Officers and...
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Scout News
12.9.2019 - Workday Completes Acquisition of Scout RFP
Leading Strategic Sourcing and Supplier Engagement Platform to Operate as Scout RFP, a Workday Company Combination to Help Transform Office of Procurement and Accelerate Workday’s Investment in the Spend Management Market PLEASANTON, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) — Workday, Inc. (NASDAQ:WDAY), a leader in enterprise cloud applications for finance and human resources, has completed its acquisition of Scout RFP, a… read more
10.24.2019 - Scout RFP Crosses $38.5 Billion in Spend Managed and Appoints VP of Finance to Drive Growth
Company builds on growth momentum in 2019, enabling advanced, strategic sourcing and procurement for over 235 organizations worldwide SAN FRANCISCO — October 24, 2019 — Scout RFP, the company that is revolutionizing Sourcing and Procurement technology, today announced that it has achieved a series of new milestones on the heels of significant growth in 2019,… read more
09.26.2019 - Scout RFP Appoints Yvette Kamperin to Head Talent Acquisition
New VP of Talent Acquisition Will Lead People Operations Amid Global Expansion SAN FRANCISCO — September 26, 2019 — Scout RFP, the company that is reinventing Sourcing and Procurement, today announced Yvette Kamperin has joined the company as Vice President of Talent Acquisition and the latest addition to its executive team. As VP of Talent… read more
09.10.2019 - Namejs Kins Nominated as ASTT Person of the Year for Trenchless Technology
Branch Manager of Procurement at Unitywater recognized for leading mission to reduce cost of water for Australians MELBOURNE — September 11, 2019 — Namejs Kins, Branch Manager Procurement at Unitywater, has been nominated as one of four finalists for the Australasian Society for Trenchless Technology (ASTT) Person of the Year award. The award recognizes individuals… read more
07.9.2019 - Scout RFP Receives Recognition as Industry Leader
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E-sourcing platform recognized for its Reverse Auctions solution by CIO Applications, ranked as top e-sourcing tool from Procurement Leaders SAN FRANCISCO — July 9, 2019 — Scout RFP, the company that is reinventing Sourcing and Procurement, is pleased to announce CIO Applications has chosen it as one of the Top 10 Auction Software Solution Providers 2019…. read more