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cloudBuy & Apsiz launch B2B eMarketplace for British SMEs

Oct 14, 2014

RNS Number : 1786U
Cloudbuy PLC
14 October 2014

cloudBuy plc

("cloudBuy" or the "Company")

Marketplace Launch

cloudBuy & Apsiz launch B2B eMarketplace for British SMEs

London, 14 October 2014 - cloudBuy plc, the world's leading transactional cloud platform, and Apsiz Services Ltd, consultants in procurement, are pleased to announce the launch of UK PLC, the first British B2B eMarketplace specifically developed for small and medium-sized businesses. The marketplace is open to all buyers at no cost, with invited suppliers paying a transaction fee of between 2% and 5%.

UK PLC connects SMEs with quality British suppliers through a B2B marketplace which allows them to benefit from the same levels of efficiency and savings as much larger companies. Apsiz is constantly benchmarking for best value and has negotiated preferential rates from its trusted suppliers.  Apsiz was set up by David Sheilds, former Managing Director of the UK Government Procurement Service, and he and his team bring their specialist knowledge and experience to the joint solution.

Ronald Duncan, Chairman and CIO of cloudBuy commented, "It has been clear to us, looking at our eProcurement buyers contracted prices, that SMEs get a raw deal when they buy for their businesses despite their massive buying power.  This partnership brings together cloudBuy's easy to use technology and Apzis procurement expertise, to provide a 'one stop shop' for business purchases."

"Having established our own procurement consultancy we know first-hand just how time-consuming it is as an SME to trawl through a myriad of websites to find the best value goods and services," added David Shields, CEO of Apsiz. Our suppliers have been carefully selected by procurement professionals with extensive experience of sourcing across all purchasing categories, ensuring that good quality and value are the foundation of UK PLC."

For more information on UK PLC, please visit www.ukplc.biz

ENDS

About cloudBuy

cloudBuy is the world's leading transactional Cloud Platform with over 1 million users. The platform supports B2B eCommerce and eProcurement across a range of public and private sector organisations providing a secure, controlled transactional environment for B2B trading.

About Apsiz Services Ltd

Apsiz is a procurement services and solutions company.  The organisation comprises of category specialists with extensive experience in managing and improving commercial performance in small and large organisations within the public and private sectors. 

For further information, please contact:

cloudBuy plc

Ronald Duncan, Chairman

Tel: 0118 963 7000

Westhouse Securities Limited

Tom Griffiths/Richard Johnson

Tel: 020 7601 6100

Newgate Threadneedle

Robyn McConnachie/ Tim Thompson / Alex White

Tel 020 7653 9850

 

About cloudBuy PLC

cloudBuy, formerly @UK, is a world-leading transactional cloud platform.

cloudBuy has used the platform to build world-leading business to business (B2B) ecommerce and e-procurement applications, which address the full range of buying and selling activities in an easy-to-use web and mobile digital experience.  The platform is also used to build complementary applications such as content management, secure email and big data analysis.

To date, the applications have processed over $500 billion of spend, and are being used by leading organisations around the world to deliver savings, increase profits and improve services.

The applications are unique in delivering correct pricing in the complex world of B2B procurement, whilst being simple enough for anyone to use - to the extent that people with disabilities can easily use a Care marketplace version to buy their own social and health care.

For more information, visit www.cloudbuy.com

This information is provided by RNS

The company news service from the London Stock Exchange

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