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Procurement Software

Spend 365 is now oboloo

5 min read
Timeline: Spend 365 launched in 2018 and became oboloo in 2020
Spend 365 is now oboloo

Spend 365 is now called oboloo. It is the same procurement software, built by the same business, under a new name. If you are looking for Spend 365, you are in the right place: oboloo is free-forever procurement software for SMEs and charities, covering sourcing, supplier management, contract management and savings tracking.

What happened to Spend 365?

Spend 365 started in 2018. In 2020 the business renamed the product oboloo, and it now trades as oboloo Limited, a private company registered in London (company number 12420854).

Spend 365 was not sold or acquired. It was a rebrand.

Why does Companies House show Spend-365 Ltd as dissolved?

Because the business moved to a new company when it became oboloo. Spend-365 Ltd (company number 11305676) was set up on 12 April 2018. oboloo Limited was set up on 23 January 2020 and is active today. Once the business had moved across, the old company was no longer needed, and it was dissolved on 1 November 2022. A dissolved company on the register does not mean the software stopped.

What happened to spend-365.com?

The spend-365.com website is no longer in use and is not connected to oboloo. Everything now lives at oboloo.com.

What oboloo does today

oboloo brings four things into one cloud platform:

  • Sourcing: RFQs, RFIs and RFPs, sent to suppliers through a portal and scored
  • Supplier management: onboarding, documents, compliance and scorecards
  • Contract management: a contract repository with renewal and notice period reminders
  • Savings tracking: savings initiatives, savings types and reporting

There is a free-forever plan with unlimited users and no credit card needed, and optional paid add-ons. Registered charities and non-profits get 50% off paid plans, forever; see oboloo for charities.

Some older listings for Spend 365 describe purchase order and invoice features. oboloo does not do purchase orders or invoices. It covers sourcing, suppliers, contracts and savings.

Old name, new name: quick facts

FactDetail
Current nameoboloo
Former nameSpend 365
Started2018, as Spend 365
Renamed2020, to oboloo
Companyoboloo Limited, company number 12420854, registered in London
Former companySpend-365 Ltd, company number 11305676, dissolved 1 November 2022
Websiteoboloo.com
What it isFree-forever procurement software for SMEs and charities
Main featuresSourcing (RFx), supplier management, contract management, savings tracking

FAQs

Is Spend 365 still in business?

Yes, as oboloo. Spend 365 is the old name of oboloo, and the software is still developed and supported today.

Was Spend 365 acquired?

No. Spend 365 was renamed oboloo in 2020. It was not bought by another company.

Is oboloo the same as Spend 365?

Yes. oboloo is the new name for Spend 365. You may still see Spend 365 on some review sites, such as GetApp, which list oboloo under its old name.

Is oboloo free?

Yes. oboloo has a free-forever plan with unlimited users and no card needed. Paid add-ons are optional.

Where can I find out more about oboloo?

Start with what oboloo is and who it is for, or see the About page.

5 min read