About us
Your SMR Source to Contract solution to Source to Contract COBuy unlock your supplier capital !
The supplier sourcing solution designed by buyers for buyers of industrial SMEs
COBuy’s procurement solution is the result of its founder experience, a former purchasing manager in industry, that industrial SMEs dedicate an average of 50% of their revenues to purchasing, and that purchasing and quality staff in charge of supplier relations spend an average of 50% of their time on low value-added tasks. This is due to the fact that most ERP systems only cover the transactional aspect of purchasing (orders, receipts, invoices), and that many other tasks, such as sourcing, are managed through the use of not efficient tools (spreadsheets, messages, etc.). For the company, this situation means :
- hindering cost control, optimizing savings and, more generally, controlling purchasing performance difficulties.
- guarding against supplier risks and ensuring regulatory compliance (CSR, ESG, CSRD, etc.), which depends on supplier compliance for 50% to 75% of its business.
100% of your supplier relationships in a single application dedicated to your sourcing and supplier quality management
100% of your supplier relationships in a single application dedicated to your sourcing and supplier quality management
COBuy’s SRM Source to contract platform is a procurement solution, integrated where necessary with your ERP, and co-designed with industrial manufacturers for perfect adaptability to single or multi-plants environments and centralized or decentralized purchasing. Its design and our agile project management methodology enable you to deploy a wide range of features progressively :
- Supplier sourcing management features
- Supplier quality management features
- Business intelligence and supplier performance
- Supplier portal
- Integrations (ERP, EDM, Data Provider, …)
The benefits of a SRM and source to contract solution deployment
Managing supplier relations is a fast-approaching way to Source to Contract COBuy boost your company’s competitive edge. All the more so when purchasing represents the largest cost item, as is the case in the industrial sector (on average over 50% of revenues). But also because the management of supplier relations is still often poorly equipped, particularly for SMEs. To access this reservoir of competitiveness, the most effective approach is to adopt a collaborative SRM (Supplier Relationship Management) solution such as solution COBuy. The multiple benefits it brings mean a return on investment in less than 12 months, on the same budgetary cycle as the decision making process.
- Rapid, sustainable productivity improvements : save up to 30% of your purchasing and supplier quality staff’s time by automating redundant and low-value-added tasks to optimize your purchasing performance
- Risk management and regulatory compliance : better track the deadlines of your purchasing and supplier quality processes and track the evolution of your suppliers’ evaluations (performance, risks, non-compliance, financial reliability, corporate policy and regulatory compliance, etc.)
- 360° vision and advanced analysis capabilities : thanks to data centralization, take advantage of a 360° vision to analyze suppliers’ purchasing and quality performance, prevent risks and ensure supplier compliance with regulatory requirements.
”An offering dedicated to industrial procurement sourcing and supplier quality management boosted by the growth of the Oxalys Group
Driven by initial successes with industrial SMEs that are often leaders in their sectors, such as Socomore, Cadiou Industrie, Ligier Group, etc., a strategic choice was made in 2022 to back COBuy’s activity with that of the Oxalys group, leader for 30 years in procurement solutions for medium-sized organizations (SRM, source to contract, purchase to pay). In 2024, the Oxalys group, after raising €3 million in 2021, has over 45 employees, revenues in excess of €6 million and devotes 25% of its revenues to R&D each year to support its annual growth of over 30%.
