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Onventis

Service/Solution Provider

  • All-in-One Procurement
  • Digital transformation of purchasing and finance
  • Robotic Accounting with Invoice Processing
  • Germany
  • Company size: 51-200 employees
  • Geographical reach: Africa, Asia, Australia, Europe, North America, South America

Company Profile

Onventis has been a cloud pioneer for digital transformation of purchasing and finance processes since 2000. The cloud-based software Onventis Buyer is an all-in-one procurement system that helps companies to manage their business spend in order to achieve financial control, efficiency, compliance and cost savings. It streamlines and automates all processes from source to pay including network collaboration with suppliers. The Onventis Network connects business processes for buyers and suppliers, simply and securely. Worldwide, over 1,000 companies with approx. 450,000 users in the Onventis network handle an annual business volume of over 10 billion euros with more than 50,000 suppliers.

Description of Solution

Digital transformation of all purchasing and subsequent finance processes in one system: supplier management, source-to-contract, procure-to-pay including invoice processing and expense management. The Onventis network easily connects buyers and suppliers and provides access to community intelligence and crowd data.

What purchasing and finance departments in midsize enterprises strive for: One system for all procurement and accounts payable processes instead of best-of-breed approach with complex integration projects, quick time-to-go-live with lean project scope, low implementation and consulting costs. Imagine that with simple network collaboration and intuitive user experience – in other words: Onventis All-in-One Procurement.