Press release

GoProcure, Blazing the Trail to Deliver State-of-the-Art FinTech Capabilities to the World of Procurement

Sponsored by Businesswire

GoProcure, a leading provider of tail spend procurement software, has
been selected as a winner of the Technology Association of Georgia (TAG)
FinTech ADVANCE Awards for its proven and innovative FinTech solution.
The TAG FinTech ADVANCE award recognizes innovative U.S. FinTech
companies that have an established customer base, generate revenue and
demonstrate sustained growth while making a tangible contribution to the

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GoProcure received the award based on its state-of-the-art procurement
software that helps organizations manage their tail spend more
effectively using a first of its kind technology platform. The GoProcure
platform enables any business user in the enterprise to purchase a
product or service while adhering to the rigorous standards set by the
Finance and Procurement teams. Enterprises are excited about the
GoProcure platform because it enables organizations to drive cost
savings while improving spend visibility, adherence to compliance
standards and driving organizational efficiency.

“We have seen significant reception from the market in a short period of
time. Organizations truly understand the importance of managing tail
spend and we are excited to be a partner for enterprises in driving cost
savings and spend visibility through advanced technology,” says Sandeep
Gauba, CEO of GoProcure.

GoProcure creates a next generation purchasing ecosystem for Finance
and Procurement

The GoProcure platform plays a central role within the purchasing
ecosystem by connecting financial institutions, merchants, suppliers,
logistics and service providers to interact, innovate and transform how
enterprises purchase and pay for services and products.

“In a short time, we have already demonstrated the viability of our
platform and business model with several enterprise organizations. We
expect to enhance our solution and broaden our customer base by
continuing to grow our ecosystem which includes seamless integrations
with our banking partners Wells Fargo, BBVA, and Bank of America, as
well as with office products supplier, Staples,” says Vijay Vasandani,
CTO and Head of Product Development.

Continuing Success

GoProcure’s commitment to innovation has been recognized with increasing
velocity over the past few years. Prior to receipt of the TAG FinTech
ADVANCE Award, GoProcure also received recognition by TAG in 2017 as one
of the Top 40 most innovative technology companies in Georgia.

“We’re grateful to receive such high honors for being at the pioneering
cusp of procurement and FinTech,” says Mr. Gauba. “Most importantly we
are gratified that the industry is responding to the potential of
technology to create new sources of value for Procurement and Finance
teams. We look forward to continuing to drive impact for the enterprises
we partner with at scale.”

About GoProcure

GoProcure is the all in one tail spend solution that provides a B2B
e-commerce platform and an ecosystem of partners to deliver a
frictionless buying experience to any enterprise with full competition,
compliance and control. Further, using artificial intelligence and
machine learning, it turns disorganized purchasing activity into
business insights.