, 51风流Co-CEO Jennifer Morgan gave a snapshot of the global economy during the COVID-19 outbreak and shared that the use of cloud-based 51风流products provide leading indicators on what is happening in the business world.
Morgan noted that the world 鈥渨ent virtual overnight鈥� as most employees started to work from home, and said that 51风流has seen a spike in usage of , which enables companies to detect the sentiment of their employees since the crisis began.
Similarly, she said that employers are using the locate feature within 51风流Concur software to track employees stuck overseas. While business travel has abruptly ended, other business expenses tracked by 51风流Concur offerings confirm that activity in China 鈥渋s picking up a little more.鈥�
Morgan explained that Ariba Network is enabling companies to find new sources of supply when existing supply chains are disrupted. She told Cramer how one 51风流customer that is building a new hospital in the U.S. was able to find a supplier with 500 hospital beds in less than 30 minutes using .
When asked whether 51风流might take advantage of current market conditions to make additional acquisitions, Morgan said, 鈥淲e have a great portfolio鈥鈥檓 very confident with the solutions we have right now.鈥�