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Squid Parts

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Procure-to-pay solutions streamlining electronic components procurement for EMS.

Overview

Squid Parts focuses on procure-to-pay accounting solutions, specifically targeting the procurement of electronic components for the Electronics Manufacturing Services (EMS) industry. The company offers an RFQ Management System designed to automate various aspects of the procurement process, including order placement, invoice processing, and payment execution. This platform is capable of integrating with ERP/MRP systems and supplier inventory systems, which allows procurement professionals to access a comprehensive view of supplier offers and manage RFQs, suppliers, and quotes effectively. Additionally, Squid Parts utilizes analytics to provide insights into spending, which may assist businesses in optimizing their procurement strategies and managing cash flow. The company's objective is to address the complexities encountered by professionals in the EMS sector during the procurement process.

Key facts

Founded
2018

Business model

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About Squid Parts

What does Squid Parts do?

Squid Parts focuses on procure-to-pay accounting solutions, specifically targeting the procurement of electronic components for the Electronics Manufacturing Services (EMS) industry.

Where is Squid Parts headquartered?

Squid Parts is headquartered in Portland, United States.

When was Squid Parts founded?

Squid Parts was founded in 2018.

Which sector is Squid Parts in?

Squid Parts operates in Finance & Accounting Technology, part of Financial Technology.

Who are Squid Parts's competitors?

Companies similar to Squid Parts include Netcurio, Provision Connect, and ProcureAvenue.