PRESS RELEASE – September 20, 2023.- Fullstep, a company specialized in end-to-end digitization of the procurement, sourcing and supply chain process, has signed a collaboration agreement with Amazon Business, to integrate and offer all the advantages and search options of the Amazon Store in its own procurement management platform. In this way, the more than 100 companies that have its platform for the management of the procurement area, can connect their users with the Amazon Business Store through “Punchout”.
This collaboration complements the Procure to Pay (P2P) solution so that all customers globally can have direct access to the Amazon Business catalog from the platform.
“This agreement is another step in our ongoing quest to improve the way we increase value for our customers. Our platform is constantly evolving, both through proprietary developments that improve the functionality and usability of our solutions, as well as through integration with third-party solutions that can complement and bring benefits to the user. With this objective in mind, we are now teaming up with Amazon Business, Amazon’s procurement service for companies, which we believe can bring great benefits to current and potential customers, both for its product catalog and for the functionalities it offers to companies. Everything that adds value to the functional scope and user experience of our platform helps us to be more competitive and position ourselves at the level of the major international players ”, explains Rosario Piazza, Fullstep’s CEO.
State-of-the-art technology developed in-house
With more than 20 years of experience, Fullstep offers a self-developed software to optimize the entire procurement process of companies, which helps to save an average of 10% in procurement management, gain efficiency, control, traceability and compliance with procurement policies and regulations, thanks to the configuration of permissions and approval flows. Customers with the implemented platform have successfully managed more than 12 billion euros in procurement negotiations, 1.6 billion orders and 365,000 invoices.
This API-based platform is designed to integrate with various business tools. Thus, with Amazon Business Punchout, users have access to an environment where there is a competitive offer in a wide variety of categories, without sacrificing the integration of these procurements within the system that supports the end-to-end S2P process, and the efficiency and control guaranteed by our solutions.
