News | June 11, 2019

GoProcure, Blazing The Trail To Deliver State-Of-The-Art Fintech Capabilities To The World Of Procurement

ATLANTA--(BUSINESS WIRE)--

GoProcure, a leading provider of tail spend procurement software, has been selected as a winner of the Technology Association of Georgia (TAG) FinTech ADVANCE Awards for its proven and innovative FinTech solution. The TAG FinTech ADVANCE award recognizes innovative U.S. FinTech companies that have an established customer base, generate revenue and demonstrate sustained growth while making a tangible contribution to the industry.

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GoProcure received the award based on its state-of-the-art procurement software that helps organizations manage their tail spend more effectively using a first of its kind technology platform. The GoProcure platform enables any business user in the enterprise to purchase a product or service while adhering to the rigorous standards set by the Finance and Procurement teams. Enterprises are excited about the GoProcure platform because it enables organizations to drive cost savings while improving spend visibility, adherence to compliance standards and driving organizational efficiency.

“We have seen significant reception from the market in a short period of time. Organizations truly understand the importance of managing tail spend and we are excited to be a partner for enterprises in driving cost savings and spend visibility through advanced technology,” says Sandeep Gauba, CEO of GoProcure.

GoProcure creates a next generation purchasing ecosystem for Finance and Procurement

The GoProcure platform plays a central role within the purchasing ecosystem by connecting financial institutions, merchants, suppliers, logistics and service providers to interact, innovate and transform how enterprises purchase and pay for services and products.

“In a short time, we have already demonstrated the viability of our platform and business model with several enterprise organizations. We expect to enhance our solution and broaden our customer base by continuing to grow our ecosystem which includes seamless integrations with our banking partners Wells Fargo, BBVA, and Bank of America, as well as with office products supplier, Staples,” says Vijay Vasandani, CTO and Head of Product Development.

Continuing Success

GoProcure’s commitment to innovation has been recognized with increasing velocity over the past few years. Prior to receipt of the TAG FinTech ADVANCE Award, GoProcure also received recognition by TAG in 2017 as one of the Top 40 most innovative technology companies in Georgia.

“We’re grateful to receive such high honors for being at the pioneering cusp of procurement and FinTech,” says Mr. Gauba. “Most importantly we are gratified that the industry is responding to the potential of technology to create new sources of value for Procurement and Finance teams. We look forward to continuing to drive impact for the enterprises we partner with at scale.”

About GoProcure

GoProcure is the all in one tail spend solution that provides a B2B e-commerce platform and an ecosystem of partners to deliver a frictionless buying experience to any enterprise with full competition, compliance and control. Further, using artificial intelligence and machine learning, it turns disorganized purchasing activity into business insights.


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