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INTERNET | Internet Software & Services / Billing, Expense Management and Procurement
buyerquest.com

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Stage

Acquired | Acquired

Total Raised

$15.08M

About BuyerQuest

BuyerQuest is a cloud-based Procure-to-Pay (P2P) software provider. The company was founded on the core belief that the enterprise procurement experience can and should be just as easy as an everyday B2C eCommerce shopping experience. BuyerQuest delivers its end-users an eCommerce shopping experience for all goods and services across the enterprise. Procurement and Accounts Payable organizations are empowered by BuyerQuest's intuitive administration tools to operationalize their negotiated contracts and drive compliance through widespread user adoption.On February 18th, 2021, BuyerQuest was acquired by The ODP Corporation. The terms of the transaction were not disclosed.

BuyerQuest Headquarter Location

343 West Bagley Road Suite 300

Berea, Ohio, 44017,

United States

866-937-0670

Latest BuyerQuest News

The ODP Corporation Accelerates Digital Transformation With The Acquisition Of BuyerQuest Holdings, Inc., A Recognized Leader In...

Mar 18, 2021

BOCA RATON, FLA.--(BUSINESS WIRE)-- The ODP Corporation (NASDAQ: ODP), a leading provider of business services, products and digital workplace technology solutions through an integrated B2B distribution platform, today announced that it has acquired BuyerQuest Holdings, Inc., a leader in cloud-based enterprise Procure-to-Pay (P2P) software. The acquisition accelerates ODP’s technology development and enables it to deliver an integrated, eCommerce, P2P, and supply chain platform designed to transform how businesses buy and sell. Since the company’s inception nine years ago, BuyerQuest has delivered a world-class eCommerce experience to procurement organizations all around the world. The software streamlines and enhances corporate buying processes, allowing customers to increase user adoption, drive contract compliance, and save money. BuyerQuest customers, including some of the most recognized names in the consumer packaged goods, hospitality, public sector, manufacturing, and restaurant industries, among others, benefit from a modern buying experience that provides the spend transparency, deep insights, and advanced intelligence capabilities needed to save money and focus more on strategic priorities. “We are committed to delivering on our vision to be a leading B2B company. With the addition of BuyerQuest’s market-leading capabilities, and our recent announcement that Prentis Wilson has joined ODP, we are well on our way to fulfilling that vision,” said Gerry Smith, chief executive officer of The ODP Corporation. “We are excited to welcome BuyerQuest into the ODP family as we accelerate our digital transformation.” ODP recently announced that Wilson, a B2B technology veteran, joined the company to help establish and scale a newly launched technology business. Wilson has a strong track record of successfully building B2B technology businesses as he spent almost eight years at Amazon.com, Inc., where he launched Amazon Business and grew it to over $10 billion in annual sales. “BuyerQuest’s strong customer focus, coupled with a world-class product, has allowed it to disrupt a crowded P2P market. As a result, BuyerQuest manages billions of dollars in monthly spend for some of the world’s most reputable organizations,” said Wilson. “The combination of BuyerQuest’s P2P platform and ODP’s digital commerce technology and supply chain capabilities drive efficiency and growth for customers – buyers and suppliers alike.” “Our success has been a result of focusing on customers and delivering an intuitive platform that meets the needs of organizations of all size,” said Jack Mulloy, CEO & Founder of BuyerQuest. “Gerry and Prentis share our customer obsession and vision around the future of B2B commerce. We look forward to accelerating our ability to deliver unprecedented value to our customers.” To learn more about The ODP Corporation and BuyerQuest, visit investor.theodpcorp.com and www.buyerquest.com . About The ODP Corporation The ODP Corporation (NASDAQ:ODP) is a leading provider of business services and supplies, products and digital workplace technology solutions to small, medium and enterprise businesses, through an integrated business-to-business (B2B) distribution platform, which includes world-class supply chain and distribution operations, dedicated sales professionals and technicians, online presence, and approximately 1,200 stores. Through its banner brands Office Depot®, OfficeMax®, CompuCom® and Grand&Toy®, as well as others, the Company offers its customers the tools and resources they need to focus on their passion of starting, growing and running their business. For more information, visit news.theodpcorp.com and investor.theodpcorp.com . The ODP Corporation and Office Depot are trademarks of The Office Club, Inc. OfficeMax is a trademark of OMX, Inc. CompuCom is a trademark of CompuCom Systems, Inc. Grand&Toy is a trademark of Grand & Toy, LLC in Canada. ©2021 Office Depot, LLC. All rights reserved. Any other product or company names mentioned herein are the trademarks of their respective owners. View source version on businesswire.com: https://www.businesswire.com/news/home/20210218005639/en/ Copyright Business Wire 2021

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Expert Collections containing BuyerQuest

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

BuyerQuest is included in 1 Expert Collection, including Fintech.

F

Fintech

26,163 items

US-based companies

BuyerQuest Patents

BuyerQuest has filed 2 patents.

The 3 most popular patent topics include:

  • Procurement
  • Rotating disc computer storage media
  • Sphaeroceridae
patents chart

Application Date

Grant Date

Title

Related Topics

Status

9/27/2016

11/17/2020

Sphaeroceridae, Character sets, Procurement, Rotating disc computer storage media, Diagrams

Grant

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00/00/0000

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Application Date

9/27/2016

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Grant Date

11/17/2020

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Related Topics

Sphaeroceridae, Character sets, Procurement, Rotating disc computer storage media, Diagrams

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BuyerQuest Web Traffic

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