1-CP

1-CP streamlines B2B procurement by integrating corporate payment and expense reporting directly into supplier's B2C channels. This allows employees to purchase goods and services directly from suppliers, eliminating complex procurement processes and intermediaries.

Frankfurt am Main, GermanyFounded 20237500+ followers

Updated 3 months ago

Funding

Funding not disclosed

Funding rounds are not available yet.

Founders

Product

Problem

B2B procurement processes often involve complex workflows and intermediaries, making it difficult for employees to purchase goods and services directly from suppliers through B2C channels. This complexity leads to inefficiencies, increased costs, and a fragmented user experience.

Solution

1-CP offers a streamlined B2B procurement solution by integrating corporate payment and expense reporting directly into supplier's B2C channels. The platform enables employees to make purchases directly from suppliers, eliminating complex procurement processes and intermediaries. 1-CP provides a unified profile to vendors, reducing technological and procedural complexity, allowing employees to concentrate on their core tasks. The solution offers features like automated checkout, real-time security, compliance, and cost management based on rich data. 1-CP's ecosystem includes 1-Corporate Profile™ for unified identity, 1-Corporate Platform™ for direct vendor-client information exchange, and 1-Corporate Payment™ for bespoke corporate payment methods.

Target Audience

The primary target audience includes business travelers, corporations seeking to manage maverick spend, and suppliers looking to access corporate clients.

Features

**Corporate Checkout®:** Integrates at the point of payment, extending B2C experience to the B2B segment with fast and reliable payment and data transfer.
**Corporate Wallet®:** Centralizes company integrations, rules, and vendor settings to streamline processes and ensure seamless compliance.
**1-Corporate Profile™:** A unified identity hub for static information and authentication.
**1-Corporate Platform™:** Central transaction layer for direct vendor-client information exchange.
**1-Corporate Payment™:** Bespoke and dedicated corporate payment methods.
Integrations with various profile systems (e.g., SAP Concur, Cytric, Atriis), payment methods (e.g. Visa, Mastercard, American Express), and reporting systems (e.g. Salesforce, SAP Hana).
Browser extension to simplify the booking and procurement process for business travel.