Finnish eProcurement service provider Cloudia has announced an exclusive agreement with BuyerQuest to add their Procure-to-Pay (P2P) solution to the Cloudia product portfolio in the Middle East and Africa regions.
Described as a next-generation Amazon-style solution, bringing the B2C eCommerce purchasing experience to B2B Enterprise Procurement, BuyerQuest’s huge selling factor is user-friendliness. The company’s usability has been ranked number one by Gartner in peer assessment surveys throughout the industry.
These sorts of endorsements have attracted big-name international brands to BuyerQuest’s list of clientele, among them, the world’s largest media conglomerate, two of the top 5 Quick Service Restaurants, and in the Middle East, Saudi Aramco.
Cloudia Source-to-Pay a game changer
“Adding a procure-to-pay solution to our portfolio is a game changer for Cloudia’s competitiveness,” says Joonas Jantunen, Cloudia’s CEO for the Middle East and Africa.
“Cloudia presently provides a digital Source-to-Contract process, but the addition of P2P capabilities means we’ll be able to bring clients a complete closed-loop Source-to-Pay process. And this is backed by a world-class platform, that can be positioned over existing ERP’s and other procure-to-pay solutions, and with a ability to load millions of items throughout thousands of suppliers into a single marketplace.”
Cloudia’s new Source-to-Pay suite of solutions will be a first in the region, providing business procurement experts a user-friendly, end-to-end process that goes beyond sourcing and signed contracts to consist of a special B2C eCommerce Experience. This means organizations will immediately be able to increase their user adoption, better manage their decentralized spend, have actual touchless transactions, and get clear actionable intelligence and insights into purchases.
BuyerQuest’s Founder & CEO, Jack Mulloy, states, “BuyerQuest is excited to build upon our success in the Middle East and to partner with Cloudia to more aggressively extend in this growing region. Cloudia's dedication to client success aligns flawlessly with BuyerQuest and we look ahead to significant client expansion in the Middle East for years to come.”
Positive disruption to the MEA region
“The Middle East market has until now had to contend with old legacy ERP systems and first-generation procurement solutions,” Jantunen continues, “but teaming up with BuyerQuest have to actually push digital procurement services into the 2020s, and carry positive disruption to the market.”
Cloudia sees this agreement in the Middle East and Africa region as an interesting first step on a journey with BuyerQuest.