Optimal '22 - The Leadership Summit for Predictive Procurement

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This is Predictive Procurement

Scale your best supplier decisions across more spend

Enabling procurement teams to influence more spend faster, deliver a lift on savings and align spend with strategic corporate initiatives.

How it Works

Predictive Procurement Orchestration

Built to amplify procurement’s impact, Arkestro helps enterprises deliver a 2-5x lift on cost savings attributed to everyday purchasing and sourcing cycles. Top enterprises leverage Arkestro’s behavioral science, game theory and machine learning to predict and win faster value across every category of addressable spend.

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Procurement Data Cleansing Services

Using the Arkestro toolset purpose-built for procurement data, our team of specialists will perform on-demand data analysis, cleansing and question-answering tasks. Whether you are a busy CPO who needs to double-check a Savings Report or a Category Manager who wants to price-check a supplier’s quote, the Arkestro team has your back. Arkestro uses live external data feeds to help you cleanse, validate and sanity check data provided by suppliers and internal stakeholders and helps report procurement’s impact.

What analysts are saying

Arkestro named a Value Leader in Spend Matters 2022 SolutionMap for Sourcing.

Arkestro (formerly known as Bid Ops) was featured in this 2021 Cool Vendors™in Strategic Sourcing Technology.

See what our
customers are saying

Case Studies

Learn from first-hand examples of how companies are impacting different types of addressable spend across multiple industries.

See what analysts
are saying

Spend Matters SolutionMap

If you have been evaluating procurement software, SpendMatters ranked Arkestro a Value Leader for small, medium, and large enterprises. Check it out here.

Ben Leiken

Chief Technology Officer

Passionate about solving massively complex problems with cutting edge technology and an obsession with user-centric design, Ben jumped at the chance to climb aboard the Arkestro rocketship. Ben is responsible for the company’s Product strategy. Prior to joining, Ben spent 5 years in Engineering and Product Management roles at SurveyMonkey, focusing on the company’s Mobile and Enterprise product offerings. Ben holds a BS in Computer Science from Tufts University.

Edmund Zagorin

Chief Executive Officer and Founder

Edmund Zagorin is a proud procurement nerd obsessed with the power of recommendations to fix broken processes and supply chains. Prior to founding Arkestro, Edmund worked as a consultant focused on data-driven supplier negotiations for large healthcare providers, contract manufacturers and multi-campus retail brands. Edmund is widely recognized as a thought leader on the emerging role of machine learning and artificial intelligence in procurement and has presented executive briefings on this topic to leadership teams at 3M, BASF, General Motors, Volkswagen, PwC, Kearney, EY, Accenture, OneValley, Plug & Play Tech Center and has been featured by Forbes, Shared Services and Outsourcing Network and ProcureTech.

Rob DeSantis

Founder

As a former co-founder of Ariba running sales, Rob has deep expertise in the procurement space, having helped propel Ariba from zero to $250 million in revenue in four years and IPO of the year in 1999 before its acquisition by SAP a decade later. In addition to co-founding Ariba, Rob was also an early angel investor and board member of LinkedIn, the world’s largest professional online network.

More recently, Rob served as an investor and advisor to a small portfolio of companies including Bloom Energy, AEye, Inc., HiQ Labs, Agiloft, USEND and more. He is also a co-founder of Dibbs Technology and TrueParity. Rob holds a BSME from the University of Rhode Island.

Marty Meyer

Chief Financial Officer

A trusted partner and advisor on the executive team, Marty has a unique background having been the CFO of nine venture backed technology companies. Marty has raised over $300M in venture funding and has closed six strategic M&A transactions with a combined value of over $1B. Marty has deep domain expertise in ecommerce, consumer internet, networking, data security, data privacy, media technology and enterprise software industries. Marty is especially experienced in the finance and operations activities of SaaS companies and is driven by data and metrics to help create outstanding customer experiences and drive efficient growth.

Neil Lustig

President and Chief Operating Officer

Neil is a seasoned executive with over 30 years of experience leading and building teams in Tech. Neil brings insights from a variety of market spaces and company sizes. Most recently Neil was the CEO of GAN Integrity, an innovative SaaS Compliance technology company serving enterprise customers in North America and Europe. Before that Neil was the CEO of Sailthru, a leader in ML driven personalized multi-channel marketing communications for media and e-commerce markets. Prior to that Neil was the CEO of Vendavo, the leader in B2B price optimization and management for large enterprises. Before Vendavo, Neil led the commercial team at Ariba, the market pioneer that defined and created the eProcurement space. Neil served as the GM of Ariba Europe and subsequently the GM of Ariba North America. Neil started his career at IBM where he spent sixteen years, initially as a software developer, and then twelve years in a variety of Sales and Marketing roles

 

Neil has a BS in Computer Science and Applied Mathematics from SUNY Albany. He is a native New Yorker, Brooklyn born, and still resides with his wife and three children in New York City.

Bonnie Adams

Director of People Operations

Bonnie is a People Operations and HR veteran, with over a decade of experience establishing successful people and culture functions for early to mid-stage tech startups going through high growth phases. She has a passion for supporting and creating inclusive and collaborative work environments and is well-versed in driving positive changes in her organizations as a trusted leader. Prior to joining Arkestro Bonnie worked as the People & Culture Coordinator for Ionic Security, helping them scale from 5 to over 200 employees in addition to a $120M funding round. Most recently she was the Head of People & Culture for blockchain innovator Storj Labs and was the Director of Human Resources at PrizePicks, the largest independently owned Daily Fantasy Sports platform in North America.

Arym Diamond

Chief Revenue Officer

Arym Diamond joined Arkestro in January 2022 bringing over 20 years of experience in the enterprise software and consultancy industry.  He is responsible for the worldwide go-to-market revenue strategy. Prior to Arkestro, Arym was Chief Revenue Officer at CalAmp focused on Telematics and Logistics. He also served as the area vice president of North American Sales within the Salesforce.com Enterprise Business unit for Einstein Analytics & AI, where analytics and machine learning were re-imagined for the front office.  Prior to that, he spent over 10 years at Oracle in various sales positions. Arym holds an MBA from the University of Southern California Marshall School of Business, and an undergraduate degree from California State University.

2022 Gartner® Hype Cycle™
for Procurement and Sourcing
includes Arkestro.

2022 Gartner® Hype Cycle™ for Procurement and Sourcing includes Arkestro.

Gartner® Hype Cycle™ are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

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Arkestro Whitepaper

How to Deliver the Competitive Advantage of a High-Performing Procurement Team