Larger businesses make use of professional procurement teams to get lower prices from vendors. However, a large market of 90% of global businesses buy without a procure to pay solution or team to help negotiate prices or ensure compliance. BlueBean offers a new way to run procurement with a browser extension that helps businesses easily manage their expenses. It targets companies without procurement organizations to help them increase profits by decreasing purchasing costs.
"BlueBean offers procurement, simplified. We give you the deals as part of the package. We’re your team, tech and policy – all in one single extension that accesses the best prices with an easy user experience that requires zero software, supplier onboarding or training,” says Fabrice Saporito, co-founder and CEO of BlueBean. “We’re excited to have Tola on board with its expertise and commitment to our shared vision of a transformational product experience that delivers discount pricing and cost savings directly to businesses.”
Key Takeaways:
- Capabilities include:
- Access discounted prices through coupon codes at check outs or from partner’s websites
- Set your own rules and empower your team to buy what your business allows, without delay and within the budget you set
- Minimize risk by automatically issuing a secure virtual card for every approved online purchase transaction
- Track every dollar spent, monitor how much you have saved and whether to approve off spend limit purchase requests
- Map payment metadata to your expense accounts and get all your transactions automatically allocated for easy month-end closings
