Unlike sales and marketing which is heavily invested in to drive revenues and profits, the procurement of goods and services is, too often, overlooked as is the impact it directly has on profitability. With, on average, two-thirds of every organisation’s turnover spent with third-party suppliers it’s clear that improving transparency and control over suppliers helps to consistently deliver time and cost savings.
One of the best proven ways to consistently deliver time and cost savings has been to invest in a digital procurement solution. However, historically, these solutions have only been available to enterprise-size organisations with deep pockets to pay for the technology and the necessary support to implement and run it.
oboloo was created out of the need to build a digital procurement solution that delivers all the benefits to every organisation, no matter its size or location. In the same way that CRM systems were originally created for enterprise-size organisations and are now used by much every organisation.
As with many the best ideas; oboloo was first born in a pub on the banks of the River Thames, by a team of procurement, data and product professionals whose goal still is to enable every organisation to be supplier smart.
If you’d like to get in touch, please contact us at [email protected]
The oboloo Team
‘oboloo’ is a play on the word, ‘obol’, which was one of the world’s earliest forms of currency in Ancient Greece.
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