Order.co is a comprehensive spend efficiency platform dedicated to simplifying the complexities of business purchasing. Originally founded as Negotiatus in 2016, the company rebranded to better reflect its core mission: to streamline the entire purchase-to-pay lifecycle for businesses of all sizes. Headquartered in New York City, Order.co operates as a guided B2B marketplace that combines the intuitive experience of consumer e-commerce with sophisticated procurement and accounts payable automation. The platform empowers finance, operations, and procurement teams by centralizing all purchasing activities, eliminating the need to manage multiple vendor relationships, logins, and payment systems. By consolidating vendors into a single, customized catalog, businesses can manage all their orders, from online marketplaces to industry-specific suppliers, in one unified location.
The platform's value proposition is built on driving efficiency, control, and savings. It features robust tools for automated approval workflows, customizable budget controls, and real-time spend reporting, providing complete visibility into company expenditures. A key innovation is its AI-powered sourcing engine, which strategically analyzes purchasing data to identify cost-saving opportunities, delivering an average of 5% savings on products for its clients. Furthermore, Order.co simplifies accounts payable by consolidating all invoices into a single monthly bill with flexible net payment terms, which improves cash flow management. Hundreds of prominent companies, including WeWork, SoulCycle, and Hugo Boss, rely on Order.co to scale their operations, control spending, and reduce the time spent on manual procurement tasks by as much as 50%. The company has secured significant backing from leading investors like MIT and Stage 2 Capital, fueling its continuous innovation in the procurement technology space.
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