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Aquiire Receives the 2017 IOFM Game Changer Award for Its Innovative Procure-to-Pay, Tail Spend Management Approach

The award recognizes companies that provide the most productive and effective technologies and meet the highest standards of design, ease of use and conformance with appropriate accounting standards.

Aquiire, Inc., the leader in real-time eProcurement and supplier relationship management solutions, was awarded the Institute of Finance and Management (IOFM) Game Changer Award for the company’s real-time procure-to-pay (P2P) software solution which uses patented real-time search, machine learning, and artificial intelligence technology to facilitate a competitive market dynamic that delivers the best available offers to procurement users at the time of purchase. Aquiire received the award on Monday, May 8 during an awards luncheon held at the APP2P conference at the Walt Disney Yacht & Beach Club in Walt Disney World, Florida.

Brian Cuthbert, Executive Director of IOFM, commented on the results: “It was amazing to see the engagement of our community with the new award program. I don’t think anyone could have expected the mass of voting we received, and it is a testament to how much value there is in these solutions. Congratulations to all of the winners, I hope you continue innovating and changing the game for businesses!”

The Game Changer Awards showcase companies that provide the most productive and effective technologies and meet the highest standards of design, ease-of-use and conformance with appropriate accounting standards. According to the IOFM, their membership organizations are constantly seeking better financial software, and finance professionals are continually striving to keep up with the latest solutions in the marketplace. The Gamer Changer Awards were designed to assist members of the finance and management community with finding the latest, greatest and truly game-changing applications.

“The entire Aquiire team is thrilled to be recognized by the IOFM and its membership for our cutting-edge procure-to-pay software solution. The award is a testament to the ingenuity, innovation and hard work of our talented employees,” said Aquiire President and CEO Mike Palackdharry. “Aquiire is truly changing the game for managing B2B spend by intelligently navigating online price fluctuations in real-time to optimize purchases at any given moment.”

About the Aquiire eProcurement Suite

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 that optimize buying choices and provide unique insight to procurement departments. Aquiire’s best-in-class intuitive user interface (UI) and the exclusive visual shopping tool KlarityTM allow users to instantly refine real-time universal search results across any internal or external catalogs available to them 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.

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 and public institutions. We believe procurement should move as fast as 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  Twitter: @Aquiire.

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