Spend Matters Adobe Stock
The ODP Corporation, a B2B business services and products provider that is the parent company of Office Depot, on Thursday announced the acquisition of BuyerQuest Holdings Inc., a software provider known for its e-procurement and procure-to-pay (P2P) offerings.
In a press release announcing the acquisition, ODP said the deal will accelerate the company’s technology development while aiming to provide a cohesive platform integrating e-commerce, P2P and supply chain platforms to improve how businesses buy and sell.
For nine years, BuyerQuest has worked to deliver a streamlined e-commerce experience to procurement organizations around the world. The software allows customers to increase user adoption, drive contract compliance and save money in their buying processes.