Two Vancouver tech companies are coming together to streamline the vendor sourcing, selection and procurement processes for organizations worldwide.
Olive Technologies has partnered with Procurify to reshape how businesses approach procurement.
One of the key challenges procurement faces today is bridging the gap between business decision-makers and procurement teams. Often, decisions made by business units and IT about vendor selection, product procurement and implementation are handed to procurement with limited context, leading to inefficiencies and potential misalignment.
Olive is an end-to-end technology evaluation platform for consultants and IT buyers. Olive empowers buyers to collaborate seamlessly on tech purchasing decisions, offering complete transparency to all stakeholders involved in the decision-making process and ensuring the company makes the best decisions to find the best-fit vendors.
Procurify is on a mission to give all organizations unprecedented visibility and control over their business spend. Procurify’s intelligent spend management software streamlines workflows from procure to pay and gives organizations real-time visibility and control over all business spend.
“It’s very few people’s job to buy software — even procurement people, who shouldn’t own responsibility for evaluating the right decision. That evaluation should fall to the people using the software. Procurement should be focused on securing the best deal and ROI from solutions the business said it needs,” said Chris Heard, CEO and co-founder of Olive Technologies.
“Olive and Procurify will help businesses make informed, data-driven decisions and smoothly execute procurement transactions.”