Order
About Order
Order.co is a B2B marketplace that automates the procurement process by consolidating purchasing, payment, and vendor management into a single platform. This solution enhances spend visibility and control, reduces unapproved expenditures, and streamlines invoice management, ultimately saving businesses time and money.
```xml <problem> Many businesses face challenges in managing procurement processes, including fragmented purchasing, lack of spend visibility, and inefficient invoice management. These inefficiencies lead to increased unapproved expenditures, time-consuming manual tasks, and difficulties in controlling budgets across various departments and vendors. </problem> <solution> Order.co offers a B2B procurement platform designed to streamline and automate the entire purchasing lifecycle, from requisition to payment. The platform consolidates purchasing, payment processing, and vendor management into a unified system, providing enhanced spend visibility and control. By automating key workflows such as purchase order generation, invoice management, and approval processes, Order.co reduces manual effort and minimizes errors. The system also offers features for strategic sourcing, enabling businesses to identify cost-effective products and optimize their spending. Furthermore, Order.co provides financial offerings like capital advances and net terms to improve cash flow management. </solution> <features> - Centralized purchasing platform for managing orders across multiple vendors - Automated purchase order (PO) generation and tracking - Vendor management and consolidation tools - Strategic sourcing capabilities to identify cost savings - Automated invoice management with 3-way matching - Accounting automation with integrations to QBO, Netsuite, and Sage Intacct - Customizable approval workflows and budget controls - Real-time spend reporting and analytics - Financial offerings including capital advance, net terms, and virtual cards </features> <target_audience> Order.co primarily targets small to large businesses across various industries, including coworking spaces, healthcare facilities, hospitality, property management, retail, and technology companies, seeking to streamline procurement, automate accounts payable, and gain better control over spending. </target_audience> <revenue_model> Order.co generates revenue through a subscription-based model, offering tiered pricing plans based on the features and level of support required by the customer. </revenue_model> ```
What does Order do?
Order.co is a B2B marketplace that automates the procurement process by consolidating purchasing, payment, and vendor management into a single platform. This solution enhances spend visibility and control, reduces unapproved expenditures, and streamlines invoice management, ultimately saving businesses time and money.
Where is Order located?
Order is based in City of New York, United States.
When was Order founded?
Order was founded in 2016.
How much funding has Order raised?
Order has raised 30000000.
- Location
- City of New York, United States
- Founded
- 2016
- Funding
- 30000000
- Employees
- 218 employees
- Major Investors
- Stage 2 Capital, Ankona Capital Partners