One in 12 businesses never monitors its payments processes at all. 😱 Most businesses have dozens or hundreds of monthly invoices, all with different payment terms, due dates, and contract conditions. Staying on top of payments, avoiding late fees, and getting in your supplier’s good books all start with better organization. 📅✅ 📄 Download our Accounts Payable Ledger template and organize your payables today. Get a clear picture of spend, improve cash flow management and maintain healthy supplier relationships: https://hubs.la/Q02GPkzz0 #accountspayable #apledger #payments
Order.co
Software Development
New York, New York 22,476 followers
Automate your entire procurement process, control spend, and save 5% on purchases with Order.co’s AI-powered procurement
About us
Modernize your procurement process with Order.co – automate PO management, sourcing, approvals and payments all in one customizable platform. Plus, improve your budgeting, forecasting, and reporting with real-time spend insights by user, location, cost center, and more. Hundreds of businesses, like WeWork, [solidcore], Hugo Boss, Verano, and Physical Rehabilitation Network are leveraging Order.co’s AI-powered sourcing technology, $4B in purchasing power, and exclusive supplier discounts to save an average of 5-8% on products, while adding resiliency to operations and avoiding supply chain disruptions. Order.co works seamlessly alongside any ERP and accounting system, including direct integrations with Quickbooks Online, Sage Intacct, Netsuite, and more to simplify your entire purchase-to-pay process. Founded in 2016 and headquartered in New York City, Order.co has raised $50M in funding from industry-leading investors like MIT, Stage 2 Capital, Rally Ventures, 645 Ventures, and more. Order.co has been proudly named as a 50 to Watch by Spend Matters and a Best Place to Work by Built In.
- Website
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https://www.order.co/
External link for Order.co
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- New York, New York
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Purchasing, Integrated Payments, Consolidated Billing, Spend Management, Vendor Management, Strategic Sourcing, Procurement, Accounts Payable Automation, Procure to Pay, and Procurement Automation
Products
Order.co
Procurement Software
Modernize your procurement process with Order.co – an easy-to-use procurement software that simplifies every aspect of purchasing for your business. With Order.co you can automate sourcing, purchase requisitions, and PO management while improving spend analytics - all in one customizable platform. Leverage Order.co’s AI powered sourcing technology and exclusive supplier discounts to save an average of 5% on products, and avoid supply chain disruptions with Order.co’s 17K+ vendor network. Customize budget and approval workflows for your business, purchase from your custom product catalog, and pay on flexible terms with your preferred method. Access real-time spend data and insights by user, location, cost center, or vendor for enhanced budgeting, forecasting, and reporting. Order.co works seamlessly alongside any ERP and accounting system, including direct integrations with Quickbooks Online, Sage Intacct, Netsuite, and more to simplify your entire purchase-to-pay process.
Locations
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Primary
156 5th Ave
7th Floor
New York, New York 10010, US
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Employees at Order.co
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Noah Eisner
Startup Advisor to from early to growth stage B2B tech companies
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Artem Mikhlin
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Nnamdi Okike
Managing Partner and Co-Founder at 645 Ventures. Focused on investing in exceptional early-stage software and software-enabled companies.
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Bob Johnston
CEO @ EXEC. | Growth is built on the quality of your relationships. I help build better leaders and organizations. | 10x Board Advisor | 40+ Angel…
Updates
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Want to know how the best financial professionals examine their business's core financial operations and maintain long-term financial health? Spend analysis. 💡 Check out our article for a step-by-step guide and start using your financial data to make better forecasts, ensure budgetary compliance, and improve financial performance. 📈📝 https://hubs.la/Q02Gyl2n0 #spendanalysis #financialperformance #finance #operations
How to Conduct an Account Payable Ledger Spend Analysis
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Ready to improve your purchase order workflow? Use these steps to build or refine your current approach for better results & savings: 1️⃣ Build a documented procurement process 2️⃣ Create a departmental approval roster 3️⃣ Establish a preferred vendor network 4️⃣ Use strategic sourcing wherever possible 5️⃣ Use procurement software to automate Discover more in our full guide: https://hubs.la/Q02Ff_8W0 #purchaseorders #procurement #purchasing #strategicsourcing
The In-Depth Guide to Better Purchase Order Processing
https://www.order.co
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A manual purchase order process is error-prone and time-consuming, distracting the accounts payable team from focusing on higher-value tasks. 😵💫 Thanks to new technologies like RPA, OCR, ML, and AI, businesses can automate purchase order workflows and simplify the entire process. Check out the article from AIMultiple to learn the benefits of automation and start digitizing your process today: https://hubs.la/Q02Fg4YC0 #purchaseorders #pomanagement #purchasing #automation
Purchase Order Automation: How It Works & 8 Benefits in 2024
research.aimultiple.com
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Are you continuously generating new purchase orders for frequent, repetitive orders from the same suppliers? 🔄 Save time and money with blanket purchase orders. Also known as standing purchase orders, blanket POs allow businesses to establish long-term contract relationships with trustworthy vendors to plan ahead on volume, pricing, and delivery. Buyers enjoy reduced lead times, increased order consistency, and improved cost savings. Read more about blanket POs and how to design a smooth blanket PO process here: https://hubs.la/Q02FfYd50 #purchasing #procurement #purchaseorders
Benefits, Elements, and Steps for Using a Blanket PO
https://www.order.co
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🌈 Celebrating Pride Month with Order.co! 🌈 Our Pride Employee Resource Group held two incredible events in June, and the feedback from our team has been amazing! 🎉 We're thrilled to have created a space where everyone feels extra support and inclusion. This is just the beginning, and our team is excitedly planning the next event. Thank you to everyone who participated and made these events unforgettable! #PrideMonth #inclusion #diversity
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"Completing requisitions with Order.co and having those requisitions transmitted back into Workday is a much simpler process than before. Order.co has eliminated the confusion of the requisition process.” WeWork partnered with Order.co to simplify its AP process, control spend, and continue rapidly scaling global operations. Acting as one seamless punchout for online and offline vendors, Order.co helps Kyle and his team automate the invoice-to-pay process to keep up with the growth of the company. Read more stories like this: https://hubs.la/Q02Fg5Z70 #procurement #APautomation #punchout
Simplify Buying for Your Business | Order.co
https://www.order.co
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Whether you're purchasing office supplies, furniture, or large equipment, relying on a great purchase order form template can make all the difference. Download our free purchase order template to simplify your purchasing process. Outline vital purchase details, create a clear paper trail for order research, and ensure accurate deliveries. Download here: https://hubs.la/Q02FfYcZ0 #purchasing #procurement #purchaseorders #purchaseordertemplate
Purchase Order Template | Download | Order.co
get.order.co
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Are you using purchase requisitions in your procurement process? Often confused with purchase orders, purchase requisitions are a key component of effective spend management. Discover how they streamline approvals, enhance budget control, and improve procurement efficiency. 👉 Read our guide on purchase requisitions vs. purchase orders to learn the differences and maximize your financial success: https://hubs.la/Q02FfD910 #purchasingprocess #procurement #purchaserequisitions #purchaseorders
Purchase Requisitions vs Purchase Orders
https://www.order.co
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Are you getting the benefits you desire from your group purchasing organization (GPO)? 🤔 GPOs have traditionally been a valuable tool for saving costs - but in the modern era of procurement automation, are GPOs still the best option? Download our ebook, "The Modern Guide to GPOs: What They Are and Why They're Not Enough," to learn: 📚 An inside scoop on the GPO model 🔍 Insights into GPO effectiveness 🔧 Ways to extend your GPO value 💡 Alternatives to the GPO model Learn more: https://hubs.la/Q02Ff2GC0 #grouppurchasing #procurement #gpo
The Modern Guide to GPOs | Download | Order.co
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