Procurement Magazine W1 July 2026 | Page 142

How cloud marketplaces streamline and secure procurement

Flywl’ s Founder and CEO Ankur Srivastava discusses the benefits of integrating security into procurement”
What is Flywl?
With the increasing threat which vulnerabilities pose to supply chains, it is now vital that organisations prioritise security within their procurement processes. To address this, Flywl was founded with the aim to introduce a connected ecosystem for buyers, sellers and partners. Flywl, founded in 2024, operates a cloud marketplace procurement system for enterprises designed to ease software procurement and manage cloud commitments.“ Flywl is a solution that steps in and validates that these companies meet the regulatory requirements for the specific industries that these products operate in.“ The cloud marketplaces are also going through a full technical review of products before they list them into their ecosystem, similar to Apple and their App Store, which allows the buyer to have a more curated experience in reviewing, testing and piloting technology in their environment before they make a decision to procure it and move it into production.”
Flywl’ s work with SailPoint:
Flywl has collaborated with identity management and security company SailPoint. Ankur adds.“ We love working with SailPoint because they are helping us understand the internal procurement processes that need to be modernised, not ripping and replacing them.“ SailPoint is operating in an environment where products can be deployed in multiple clouds and on-prem data centres with licenses that range from perpetual to subscription to consumption-based. Flywl gives procurement a single pane view of their purchases and licenses.