Author: Kavita Cooper (CEO)

Technology is rapidly becoming an integral part of procurement, transforming how businesses manage their buying processes, enhance transparency, organise suppliers, contracts and drive efficiency.  Procurement and Finance Leaders are realising the benefit of leveraging technology in the same way they streamlined accounting and financial governance through finance SaaS solutions.  At Novo-K, we have taken the same concept and used a different approach—one driven by our hands-on experience.

As procurement practitioners working across private and public sectors, we understand the unique challenges organisations face. This first-hand knowledge inspired us to build BuyingStation, a platform that speaks directly to the needs of organisations with and without procurement professionals.  From complex supply chains to resource limitations, hundreds (sometimes thousands) of contracts to manage to non-compliant suppliers, we know what really works in the field. BuyingStation was designed to simplify procurement processes and provide greater clarity, give back control and inspire confidence, helping organisations achieve more with less.

Test-Drive BuyingStation for Free

We know that experiencing a product first-hand makes all the difference which is why we’ve introduced the option to test-drive BuyingStation for free. You can have access to all the modules and features where users can explore our platform for three days at no cost. It’s the perfect way to see how BuyingStation can simplify your procurement processes, improve traceability and enhance overall performance.

AI Flexibility and Custom Branding Options

BuyingStation has incorporated AI to help design simple quotation and tender requests to speed up those important purchases and help those new to procurement or not familiar with running a tender.  You can turn this feature on or off depending on your needs.

All Included

At Novo-K, we are all about providing solutions that meet the real-world needs of procurement.  Whether it’s managing supplier relationships or ensuring transparency across the board, BuyingStation has been designed to tackle the complexities of modern procurement head-on. Once you have taken it for a test drive, the good news is that you can sign up for the full suite of services for £649 per month with only one month’s subscription commitment.  This means you will have full access to:

• Contract Management
• Supplier Management
• Quotations & Tenders
• Project Pipeline
• Risk Assessments
• Savings & Spend Tracking

 

If you would like a personal demonstration of BuyingStation.com or have any questions, please contact the team on 0330 139 7969 or email buyingstation@novo-k.com

In 2015, I started Novo-K with a view to take corporate sector methodology and distil it down for medium-sized enterprises and charitable organisations. In the years that followed, we recognised the need to consolidate contract and supplier information so that these organisations could gain real clarity over their third-party spending. We noticed that the available tools in the market were inaccessible to these organisations, primarily due to cost.

In the early days at Novo-K, we helped clients by building procurement portals on SharePoint and internal systems for accessing critical and BAU procurement information. It was a step in the right direction, however, over time, we realised it’s lack of scalability and recognised more work was needed. We required a solution that was not only easy to use, with the right functionality but also capable of delivering tangible ROI for our clients. So the journey to create a proprietary system began, resulting in BuyingStation.

BuyingStation allows organisations to gain Clarity across their third party spend, have the right Control in place and ultimately, have the Confidence that they are working with the right suppliers in the right way.

Designed and developed by procurement practitioners who have worked with a diverse range of clients. We understand the needs of both procurement and non-procurement professionals. By listening to our clients, studying market trends and identifying areas for improvement, we have developed technology that streamlines procurement processes, delivering savings and increased efficiencies through one centralised platform. BuyingStation brings together Contract Management, Supplier Onboarding, Project Pipeline, Spend Tracking and the ability to build Quotations and Tenders using AI.

Traditional procurement platforms often adopt a one-size-fits-all approach, with typically only 10% of their functionality utilised, while organisations are charged for all features. At BuyingStation we have prioritised affordability and ROI. With simplified terminology and a user-friendly interface, our platform empowers both procurement professionals and non-specialists to leverage its full potential, maximising value at a cost that also aligns with the budgets of small and medium sized businesses.

At its core, BuyingStation is all about simplicity, with our ethos being Keep it simple. We have stripped away the unnecessary bells and whistles that often bog down other procurement tools, focusing instead on delivering the essential functionality that businesses need to succeed.

But simplicity does not mean sacrificing power. BuyingStation is packed with advanced features and capabilities, all carefully designed to streamline the procurement processes and drive better outcomes.

www.buyingstation.com