Shoppable is a digital procurement platform for B2B transactions in the Philippines, enabling buyers and sellers to communicate, negotiate, finance, pay, and ship without paper. The platform centralizes these processes, reducing transaction times and costs while enhancing operational efficiency.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses in the Philippines often face challenges in their procurement processes, including lengthy quotation times, difficulty in finding vetted suppliers, and a lack of transparency in pricing. Managing multiple suppliers and ensuring compliance with purchasing policies can also be cumbersome and time-consuming.
Solution
Shoppable provides a digital procurement platform designed to streamline B2B transactions, offering a centralized solution for sourcing, financing, ordering, and vendor management. The platform connects buyers with a network of vetted suppliers, enabling them to find thousands of products from trusted brands at discounted prices. Shoppable simplifies the procurement process by providing tools for price comparison, quotation management, and spend tracking, while also ensuring compliance with purchasing policies. By digitizing these processes, Shoppable helps businesses save time and money, improve operational efficiency, and gain greater visibility into their spending.
Target Audience
Shoppable primarily targets BPOs, MSMEs, and enterprises in the Philippines seeking to streamline their procurement processes, reduce costs, and improve efficiency.
Features
- Digital catalog with thousands of products from vetted suppliers across various categories
- Request for Quotation (RFQ) service to source products not listed in the catalog
- Quotable software for price comparison and quotation management
- Integration of financing and payment options, including credit card, GCASH, e-wallets, and bank/check deposit
- Procurement as a Service (PaaS) offering with a single supplier on record and flexible payment terms
- Spend tracking and budget management tools for increased visibility and control
- BIR-certified sales invoices for all orders