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YelloSpot

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Procure-to-pay solutions enhancing procurement efficiency for construction companies.

Overview

YelloSpot focuses on procure-to-pay accounting solutions, offering an integrated platform aimed at improving procurement processes specifically for the construction industry. Their main product, iProcure, automates various functions such as order placement, invoice processing, and payment execution, which are intended to mitigate inefficiencies and high costs associated with traditional procurement methods. The company targets construction firms and seeks to improve collaboration and communication among supply chain partners, which may help in reducing order inaccuracies and associated risks. The platform includes features like electronic invoicing and supplier management, which are designed to provide insights into spending patterns, potentially aiding businesses in optimizing their procurement strategies. YelloSpot also provides training and installation services to support implementation and user adoption.

Key facts

Founded
2012

Business model

Contact

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About YelloSpot

What does YelloSpot do?

YelloSpot focuses on procure-to-pay accounting solutions, offering an integrated platform aimed at improving procurement processes specifically for the construction industry.

Where is YelloSpot headquartered?

YelloSpot is headquartered in Worcester, United Kingdom.

When was YelloSpot founded?

YelloSpot was founded in 2012.

Which sector is YelloSpot in?

YelloSpot operates in Finance & Accounting Technology, part of Financial Technology.

Who are YelloSpot's competitors?

Companies similar to YelloSpot include SeaProc, IBID, and Serex Procurement Solutions.