Extendeal

About Extendeal

The startup offers an integrated platform that connects suppliers and wholesalers with retailers, enabling efficient demand consolidation and purchase volume predictability. This solution enhances market transparency and competitiveness, allowing businesses to streamline their ordering processes and improve profitability.

```xml <problem> Pharmacies often spend excessive time and resources manually comparing prices and stock availability across multiple distributors. This process is inefficient, leading to missed opportunities for cost savings and potential stock shortages. </problem> <solution> Extendeal provides a centralized, intelligent purchasing platform that connects pharmacies with multiple distributors, enabling real-time price and availability comparisons. The platform streamlines the procurement process by consolidating distributor information, automating order placement, and factoring in special agreements and purchase priorities. By providing a single interface to manage multiple distributor relationships, Extendeal allows pharmacies to optimize their purchasing decisions, reduce stockouts, and improve profitability. The system also offers a reporting module that provides insights into purchasing patterns, identifies savings opportunities, and facilitates data-driven decision-making. </solution> <features> - Real-time price and stock comparison across connected distributors - Centralized platform for managing multiple distributor accounts with single sign-on - Automated order placement with integrated stock validation - Customizable purchase conditions to reflect special agreements and priorities - Product recommendations based on past purchase history - Identification of equivalent products to mitigate stock shortages - Reporting module for analyzing purchasing trends and identifying savings opportunities - Automatic documentation submission to distributors for new account requests </features> <target_audience> Extendeal primarily targets pharmacies of all sizes seeking to streamline their procurement processes, reduce costs, and improve stock management. </target_audience> ```

What does Extendeal do?

The startup offers an integrated platform that connects suppliers and wholesalers with retailers, enabling efficient demand consolidation and purchase volume predictability. This solution enhances market transparency and competitiveness, allowing businesses to streamline their ordering processes and improve profitability.

Where is Extendeal located?

Extendeal is based in Buenos Aires, Argentina.

When was Extendeal founded?

Extendeal was founded in 2017.

How much funding has Extendeal raised?

Extendeal has raised 7500000.

Location
Buenos Aires, Argentina
Founded
2017
Funding
7500000
Employees
84 employees

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Extendeal

⚠️ AI-generated overview based on web search data – may contain errors, please verify information yourself! You can claim this account with your email domain to make edits.

Executive Summary

The startup offers an integrated platform that connects suppliers and wholesalers with retailers, enabling efficient demand consolidation and purchase volume predictability. This solution enhances market transparency and competitiveness, allowing businesses to streamline their ordering processes and improve profitability.

extendeal.com5K+
cb
Crunchbase
Founded 2017Buenos Aires, Argentina

Funding

$

Estimated Funding

$5M+

Team (75+)

No team information available.

Company Description

Problem

Pharmacies often spend excessive time and resources manually comparing prices and stock availability across multiple distributors. This process is inefficient, leading to missed opportunities for cost savings and potential stock shortages.

Solution

Extendeal provides a centralized, intelligent purchasing platform that connects pharmacies with multiple distributors, enabling real-time price and availability comparisons. The platform streamlines the procurement process by consolidating distributor information, automating order placement, and factoring in special agreements and purchase priorities. By providing a single interface to manage multiple distributor relationships, Extendeal allows pharmacies to optimize their purchasing decisions, reduce stockouts, and improve profitability. The system also offers a reporting module that provides insights into purchasing patterns, identifies savings opportunities, and facilitates data-driven decision-making.

Features

Real-time price and stock comparison across connected distributors

Centralized platform for managing multiple distributor accounts with single sign-on

Automated order placement with integrated stock validation

Customizable purchase conditions to reflect special agreements and priorities

Product recommendations based on past purchase history

Identification of equivalent products to mitigate stock shortages

Reporting module for analyzing purchasing trends and identifying savings opportunities

Automatic documentation submission to distributors for new account requests

Target Audience

Extendeal primarily targets pharmacies of all sizes seeking to streamline their procurement processes, reduce costs, and improve stock management.

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