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Onventis

Onventis, a cloud-based platform for procurement, automates sourcing, supplier management and spend analysis

HQ

Germany

Founded

1999

Employees

183

Onventis Products

Onventis offers a comprehensive cloud-based procurement platform designed to streamline and automate the entire source-to-pay process. This all-in-one solution integrates various procurement functions into a single, cohesive system, enhancing efficiency and financial control for businesses.

Key Features

The platform includes robust tools for sourcing, supplier management, contract management, procure-to-pay processes, invoice automation, and spend analytics. These features collectively help companies manage their business spend more effectively, ensuring compliance and cost savings. The Onventis Buyer software automates repetitive and costly processes, significantly reducing manual effort and errors.

Network Collaboration

Onventis Network connects buyers and suppliers, facilitating seamless and secure collaboration. This network integration allows for efficient business processes, ensuring that all parties involved can interact smoothly within a unified system. The platform supports a wide range of procurement activities, from initial sourcing to final payment, making it a versatile tool for any business looking to optimise their procurement operations.

Target Users

Onventis is ideal for businesses of all sizes looking to digitalise their procurement and finance processes. It caters to companies that require a comprehensive solution to manage their procurement activities efficiently. With its extensive network and robust features, Onventis is particularly beneficial for organisations dealing with a high volume of suppliers and transactions.

About Onventis

Onventis, headquartered in Stuttgart, Germany, has been at the forefront of digital transformation in procurement and finance since 1999. The company has established itself as a pioneer in cloud-based procurement solutions, helping businesses achieve greater efficiency and control over their spending.

Global Presence

With a team of around 200 colleagues spread across five countries—Germany, the Netherlands, Sweden, France, and Ukraine—Onventis serves a vast user base. Annually, approximately 1.2 million users handle 20 billion euros in business volume through the Onventis Suite. This extensive reach underscores the company’s significant impact on the global procurement landscape.

Compliance and Security

Onventis is committed to maintaining high standards of compliance and security. The company’s solutions are designed to meet stringent regulatory requirements, ensuring that all transactions and data are handled securely. This commitment to compliance makes Onventis a trusted partner for businesses looking to streamline their procurement processes while adhering to legal and industry standards.

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