CINCINNATI, Feb. 28, 2017 /PRNewswire/ -- Aquiire, Inc., a leader in real-time procure-to-pay (P2P), e-commerce and supplier relationship management solutions, has been named a finalist for the 2017 World Procurement Awards for its new real-time eProcurement Suite. The winners will be announced at a prestigious awards ceremony on May 17, 2017 at the Intercontinental Hotel in London.
Aquiire was named a finalist for the Procurement Service Provider Award among nine other finalists. Per representatives from Procurement Leaders, this year saw a record number of entries from some of the most influential companies across 36 countries for their 11th annual awards. Andreas Ruehe, VP Global Supply Chain at Johnson & Johnson, commented that he had "Definitely been impressed by the quality of the entries" this year which once again exceeded expectations.
"Our goal with Aquiire is to accelerate transformation in the industry. We take a fresh approach with world leading technology and innovative thought leadership to offer something completely different," said Mike Palackdharry, CEO of Aquiire. "Selection as a finalist for such a prestigious award is a signal that we are on the right path to achieving disruption with our patented, real-time capabilities. It is also testament to the entrepreneurial spirit and tireless determination of the Aquiire team to create inventive, leading-edge solutions that revolutionize the way our customers do business. We are honored by the recognition and congratulate all of the other outstanding finalists this year."
Aquiire's intelligent real-time Procure-to-Pay suite brings the convenience and simplicity of the consumer shopping experience to the business user with unparalleled compliance and savings. Aquiire features patented, universal search and shopping, machine learning, actionable intelligence and collaborative supplier enablement solutions. Aquiire's best-in-class intuitive user interface (UI) and the exclusive visual shopping tool Klarity™, allows users to instantly refine real-time universal search results across any internal or external catalog available to the buyer in a single search. The real-time processing of structured and unstructured data also powers advanced capabilities like instant alerts, risk analysis, analytics and price/product compliance enforcement.
A new judging process was introduced last year to ensure complete transparency and rigor through regional face-to face judging. Panels of experts, including CPOs from Brose, Bayer, Diageo, Flex, Singtel and Rio Tinto, came together for the second phase of judging in London and Boston to debate submissions and decide the winners of each category. Eric Espinasse, CPO at Danske Bank, commented that the process has been "extremely informative and rewarding" and a chance "to learn from the market place and to learn about the evolution of procurement around the world."
About Aquiire, Inc.
We are more than procurement thought leaders and disrupters. We are technology entrepreneurs and innovators. Aquiire's eProcurement platform was developed through real-world partnerships with procurement leaders from some of the largest global enterprises. We believe procurement should move as fast your business and real time matters. Aquiire is MBE Certified and one of several portfolio companies of Vora Ventures, which was recently named the Technology Company of the Year in Cincinnati. More information is available at www.Aquiire.com. Twitter: @Aquiire.
Contact: Paulie Anthony, Director of Marketing
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SOURCE Aquiire, Inc.