Focal Point
TOP 10 – FASTEST-GROWING PROCUREMENT PLATFORMS
Focal Point
REVENUE : US $ 19M EMPLOYEES : 20 CEO : ANDERS LILLEVIK FOUNDED : 2017
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Procurement Orchestration 101 : The path to strategic empowerment
Focal Point , as described by its founder Anders Lillevik , is built by CPOs for CPOs .
Its main objective is to empower procurement leaders to shift their departments from pure cost centres to strategic contributors to the top and bottom line for their organisations . The platform excels in providing a unified view of financial and operational data , helping businesses align their strategies by offering insights that drive informed decision-making .
Focal Point centralises data management and features advanced analytics and customisable dashboards , giving businesses the tools they need to monitor performance and make strategic adjustments .
The platform incorporates advanced analytics and AI-driven insights to identify cost-saving opportunities , optimise supplier relationships and enhance overall procurement performance . By bridging the gap between procurement and finance , Focal Point enables organisations to align their purchasing strategies with broader business objectives . Focal Point ' s innovative approach has positioned it as a game-changer in strategic procurement management .
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