BuyerQuest, a leader in cloud-based spend management software, announced today the introduction of Diverse Marketplace, a new product offering by ConnXus. Powered by BuyerQuest’s industry-leading platform, Diverse Marketplace will include catalogs from vetted women, minority, LGBT and other traditionally underrepresented businesses across a variety of categories. Businesses will have the ability to subscribe to Diverse Marketplace and to gain access to diverse suppliers.
Supplier diversity programs are a critical component for procurement organizations for the largest companies in the world across industries such as retail, food and beverage, healthcare, and insurance. However, executing on a supplier diversity strategy can be challenging for both the procurement organization and the supplier.
ConnXus, a leader in helping organizations find and partner with a diverse ecosystem of suppliers, realized the opportunity to connect procurement organizations and buyers with already vetted, diverse suppliers. Diverse Marketplace simplifies purchasing from a diverse supplier-base while making it easy for suppliers create and maintain catalogs with support from the ConnXus team.
“We are excited that ConnXus has chosen to use BuyerQuest as the engine driving their Diverse Marketplace,” said Jack Mulloy, CEO at BuyerQuest. ”The innovative use of our platform will enable traditionally underrepresented suppliers to showcase their products to buyers that they may not normally reach through an easy to use, B2C interface.
ConnXus is currently offering limited beta seats for Diverse Marketplace.
BuyerQuest is an enterprise Procure-to-Pay solution that delivers a world-class eCommerce experience to procurement organizations all around the world. Our software streamlines and enhances the corporate buying process allowing our customers to increase user adoption, drive contract compliance, and save money. BuyerQuest combines the power of cognitive computing with the discipline of enterprise procurement, offering an agile solution that empowers companies to solve their complex procurement problems. BuyerQuest customers have the spend transparency, deep insights, and advanced intelligence capabilities they need to focus more on strategic priorities and less on tactical, lower value tasks. Global organizations use BuyerQuest to fundamentally transform their procurement experience and more efficiently manage their entire procure-to-pay process. Please visit www.BuyerQuest.com to learn more.
ConnXus supplier management software solutions simplify the complexities of global supply chains and allow buyers to achieve their goals of responsible and sustainable sourcing. ConnXus is a CPUC-certified business enterprise based in Mason, Ohio with local, regional and international capabilities. For additional information about ConnXus and their growing suite of supplier risk solutions, visit the company’s website at www.connxus.com, and to register your company on the ConnXus platform, visit https://mysuppliernetwork.com/user/signup.