Combination of companies to drive and accelerate ethics, excellence and e-enablement of supply chains in the new world
Cleveland, Ohio, USA/Manila, Philippines -- September 22, 2020
PASIA, a Philippines-based leader in supply chain planning, procurement, and logistics and BuyerQuest, a premier Procure-to-Pay software provider, announce the launch of the largest business-to-business (B2B) eMarketplace and Procurement platform for the ASEAN Region. Powered by BuyerQuest and managed services by PASIA, the PASIA eMarketplace will serve small, medium, and large enterprises across sectors and industries.
The PASIA eMarketplace platform offers a unique value proposition to revolutionize procurement and supply chain management for ASEAN region businesses adapting to the rapidly evolving business environment through the COVID-19 pandemic and beyond. PASIA brings decades of deep procurement domain expertise, a large supplier base, and a strong back office support and infrastructure team to complement BuyerQuest's industry-leading cloud eProcurement technology.
PASIA lowers the barriers for companies to adopt digitalization technology through a unique "pay-per-use" model for buyers and suppliers. Thus, providing a business-to-consumer (B2C) eCommerce model and experience to corporate buying. PASIA eMarketplace focuses on the simplicity of "contactless" shopping while maintaining compliance to business processes, systems, and requirements.
The PASIA eMarketplace will be the one-stop shared services platform for the ASEAN region. Suppliers inside the eMarketplace undergo a due diligence process with PASIA’s Global Platform for Assessing Suppliers (GPAS) for services and products providers. The GPAS services also include supplier enablement capabilities for analytics and e-catalog production.
The latest CEO survey released this month by PWC highlighted that CEO’s key business priorities for 2020 include cost containment, driving digitalization, and increasing sustainable practices to future proof their supply chains. The timing of the PASIA eMarketplace could not be better.
Charlie Villaseñor, CEO of PASIA/ TransProcure, a procurement and supply chain management leader in Asia, said, "This is the best opportunity to help in nation building to support the Asia region economies through digital procurement and enhanced supply chains. Part of our offering includes complimentary value-added services such as ePayment and eLogistics, combined with our unfair advantage of being focused, having the most experience, a scalable platform and cost advantage." Villaseñor also said, "We built a strong relationship with BuyerQuest over many years and are so excited about what our organizations can do together to help companies and countries succeed."
“The global pandemic further highlighted the importance of automation, visibility, and flexibility in the global supply chain,” said Jack Mulloy, CEO of BuyerQuest. “BuyerQuest is excited to partner with PASIA and bring a first-of-its-kind Procurement Marketplace to Asia. Through the PASIA eMarketplace, thousands of companies (large & small) will gain the ability to automate procure-to-pay processes, improve efficiencies, and achieve considerable value.”
PASIA is a purpose-driven procurement and supply chain shared services and institute in Asia. Operating globally, PASIA provides a unique integrated end-to-end supply chain solution and service offering ranging from consulting, training, services and technology to enable companies and its professionals to manage risks, create value & improve total cost of doing business. For more information on PASIA, visit https://pasia.org/
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. For more information on BuyerQuest, visit https://www.buyerquest.com/
PASIA Shared Services Corporation
Name: Kyle Muskoff