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Fullstep and Sage sign a partnership to accelerate procurement digitalization

PRESS RELEASE – September 12, 2023.-Fullstep, a company specialized in end-to-end digitization of the procurement, sourcing and supply chain process, has signed an alliance with Sage, a leading cloud-based business management and accounting solutions company. Thanks to this alliance, Fullstep becomes a Tech Partner PLUS, being part of its ISV community, with the objective of offering a packaged solution of its platform with integration with Sage X3 ERP, aimed at Enterprise.

FFullstep provides Sage with the best technology, industry know-how, training, education, support and resources to ensure customer satisfaction through a collaborative, transparent and results-driven environment.

This alliance allows suppliers to be intuitively integrated into business processes with two independent and complementary solutions. On the one hand, the Supplier Relationship Management (SRM) solution allows the digitization of the company-supplier relationship for document management, registration, approval, incidents, performance evaluation and supplier rating for optimal risk management in supply. Also for the digitization of the operations required for the approval of new products or to update the specifications and characteristics of these in their evolution. In other words, the product-supplier relationship.

And on the other hand, the lProcure to Pay (P2P) solution to complement Sage X3 in the digitization of procurement and invoicing processes. Through P2P, companies can perform simplified tracking of the status of orders and deliveries, issued both from SAGE X3 and in electronic catalogs (own or punch out) supported by Fullstep. Likewise, they can have a complete digitalization of the invoice management process from its registration in the system, validation against order deliveries, to the sending of validated and approved invoices to the SAGE X3 system for accounting and payment.

We are delighted to be partners of a company like Sage, as the company’s ecosystem of customers is undoubtedly the profile of company to which our solutions bring great value in terms of operational efficiency, transparency, traceability and control of processes and spend. At Fullstep we prioritize collaboration because we believe it is a way to generate more opportunities and benefits for everyone. And, in this case, the complementarity is clear, as we can bring a layer of communication between customers and suppliers to Sage X3 solutions. This new agreement follows the path of our software positioning strategy both in Spain and internationally. As our claim says, union creates possibilities, and this union confirms it“, explains Rosario Piazza, CEO of the company.

The alliance with Fullstep allows us to leverage our strong, innovative and solution-savvy partner ecosystem, which helps us respond to our customers’ current needs. Our latest report shows that cloud and SaaS solutions are vital to business development for 40% of IT managers surveyed. In this scenario, partners play a fundamental role in connecting Sage solutions with the needs of companies and this alliance with Fullstep is undoubtedly a perfect complement“, explains Javier Jiménez, Global Partner Development Manager at Sage.

Fullstep’s platform is continuously evolving and growing.
The company’s overall objective is to grow and expand its self-developed platform through agreements in Spain and other markets. This solution has helped its customers manage more than 8.3 billion euros in procurement negotiations, 1.5 billion euros in orders issued and 365,000 invoices managed in the last year alone.

The tool has also helped the more than 100 large companies that have implemented the platform to save an average of 10% in procurement management, reduce execution times and incidents by up to 50%, centralize and automate, and make the process more traceable, transparent and collaborative.

It has API-Based technology, designed to facilitate the integration of the different ERPs on the market and other business tools in the ecosystem. Its system of modules facilitates control of the spend cycle, as well as supplier management and development, minimizing risk and ensuring compliance with environmental, social and governance (ESG) policies.

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