Procurement Magazine June W3 | Page 57

AMAZON BUSINESS
TOP 10 – TAIL SPEND MANAGEMENT PLATFORMS

AMAZON BUSINESS

CEO: ANDY JASSY FOUNDED: 2015
Amazon Business serves as an indirect tail-spend management infrastructure by providing commercial-grade purchasing controls over a massive commodity marketplace. The platform converts highly fragmented, low-value tail spend into structured corporate purchasing through guided buying features, which restrict or highlight specific products based on organisational policy. It offers multi-user corporate accounts, line-item order tracking and consolidated invoicing to streamline reconciliation for finance departments.

03 WATCH NOW What is Amazon Business?

Andy Jassy Chief Exeuctive Officer
Amazon Business
procurementmag. com 57