BuyerQuest
- Company typePrivate
- Founded2010
- HeadquartersBerea, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
BuyerQuest firmographics
Firmographics- Name
- BuyerQuest
- Legal name
- BuyerQuest
- Website
- https://buyerquest.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
BuyerQuest industry classification
Industry- Product category
- Procurement Software
- NAICS
- Wholesale Trade Agents and Brokers (42512)
- SIC
- Wholesale-Professional & Commercial Equipment & Supplies (5040)
- akta.pro primary industry
- B2B Marketplaces & Wholesale Platforms (BPAMAGAD)
- akta.pro secondary industry
- Purchase-to-Pay (P2P) Operations (BPAAAJAA)
Keywords
Where BuyerQuest is headquartered
LocationHeadquarters
- HQ city
- Berea
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BuyerQuest business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS subscription: Cloud-based procurement marketplace and procure-to-pay platform delivered as subscription SaaS, sold to mid-market and enterprise customers with recurring license and support fees.
- Implementation and onboarding services: Multi-week to multi-month deployment services including ERP integration, supplier onboarding, catalog configuration, and phased user rollout (e.g., Giant Eagle: phased rollout over a few months to 400+ stores; Fortune 500 manufacturer: <6 months global rollout), typically accompanying new SaaS contracts.
- Managed supplier / catalog services: BuyerQuest-managed supplier relationships (e.g., 'BuyerQuest introduced us to new suppliers who we've never done business with') that extend platform value via new cost-saving vendor introductions, supporting retention and expansion.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise SaaS — pricing available on request via demo |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
BuyerQuest product offering
Product offeringCore offering
BuyerQuest sells a cloud-based B2B procurement marketplace and procure-to-pay (P2P) software platform delivered as multi-tenant SaaS to enterprises. The Marketplace product overlays existing ERP/MRP systems with a consumer-like shopping storefront (loaded supplier catalogs, smart search, reordering), while the P2P product covers requisitioning, automated approvals, PO generation, three-way invoice matching, and payments. The platform integrates with 15+ ERP/financial systems via pre-built adapters and is sold to mid-market through Fortune 500 organizations managing complex indirect spend.
Product overview
BuyerQuest offers a single, unified B2B procurement platform composed of two core solutions — BuyerQuest Marketplace (a B2B shopping experience that overlays existing ERP/MRP systems with a consumer-like storefront) and BuyerQuest Procure-to-Pay (end-to-end requisition-to-payment automation) — complemented by BuyerQuest Analytics for full spend and user visibility. The two core solutions integrate together to provide a complete procurement platform, with Marketplace handling the front-end shopping experience and Procure-to-Pay extending it through approval workflows, PO generation, invoice processing, and payment. The platform connects to all major back-end ERP, financial, and supplier systems (Oracle, SAP, PeopleSoft, IBM Maximo, Workday, NetSuite, Microsoft, Infor, Beeline, ConnXus, OnBase, Ellucian) via pre-built adapters, and is founded on the principle of delivering a consumer-like buying experience to drive user adoption and compliance.
Differentiator
Problem solved
Functional benefit
Products and services
- BuyerQuest Marketplace A B2B shopping marketplace solution that overlays existing ERP and MRP systems with a consumer-like procurement experience. Loads existing supplier catalogs into a private storefront and provides advanced search, filtering, supplier collaboration, streamlined reordering from purchase history and saved shopping lists, and SKU-level pricing/discount enforcement. Designed for enterprise procurement teams managing indirect goods and services spend who want higher user adoption than legacy ERP procurement workflows.
- BuyerQuest Procure-to-Pay End-to-end procure-to-pay software covering the requisition-to-payment workflow: intuitive requisitioning, configurable automated approval routing by department/amount/category, automated PO generation with electronic transmission to suppliers, three-way invoice matching, and scheduled payments integrated with financial systems. Includes a business intelligence dashboard for spend and adoption visibility. Designed for enterprise procurement and finance teams that want to enforce contract compliance and accelerate requisition-to-pay cycles alongside the BuyerQuest Marketplace.
- BuyerQuest Analytics Analytics offering referenced as part of the BuyerQuest solutions suite, providing full visibility into procurement spend, user search and selection behavior, and adoption patterns to drive action and ROI.
Quantifiable outcome
- 98% user satisfaction, 3x higher adoption, 75% fewer support tickets
- +6 more outcomes
Companies that use BuyerQuest
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles3 records
BuyerQuest technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
Feature7 records
BuyerQuest partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered flagship, core and minor.
- SAPflagshipBuyerQuest is a certified SAP Solution Partner with pre-built adapters enabling seamless integration with SAP ECC, SAP SRM, SAP MM, and SAP Ariba. The partnership is referenced in customer cases (e.g., Global Media & Entertainment client integrated BuyerQuest with their SAP SRM system) and supports low-IT-engagement deployments that augment SAP investments.
- OracleflagshipBuyerQuest is a certified Oracle Solution Partner with pre-built adapters for Oracle ERP. The Fortune 500 Manufacturer case study specifically cites seamless Oracle ERP integration as a critical evaluation criterion; integration supports 7,000+ daily users and $1.5B+ in annual processing.
- PeopleSoft (Oracle)coreBuyerQuest has pre-built adapters for PeopleSoft SRM, PeopleSoft eProcurement, and PeopleSoft Asset Lifecycle Management, extending the value of existing PeopleSoft deployments with minimal IT engagement.
- IBM MaximocoreIBM Maximo is an enterprise asset management platform serving asset-intensive industries. BuyerQuest integrates with Maximo Purchase Requisition and Work Order modules — the Tessera defense contractor case (<3 month deployment) showcased seamless Maximo integration as a critical success factor.
- CGNminorSystem integration partner that helps deploy and configure BuyerQuest solutions for enterprise customers.
- IBMminorSystem integration partner supporting BuyerQuest deployments, with deeper integration also through IBM Maximo technology partnership.
- GenpactminorSystem integration partner supporting BuyerQuest deployments for enterprise customers.
- KPMGminorSystem integration partner supporting BuyerQuest deployments, particularly relevant for large enterprise and regulated-industry customers.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
BuyerQuest competitors and assessment
Company assessmentDirect peers
- Coupa Software: Coupa is a leading direct competitor in cloud-based business spend management (BSM) covering procurement, invoicing, and expense management. Like BuyerQuest, it sells a unified SaaS platform to mid-market and enterprise buyers to drive user adoption and contract compliance.
- Jaggaer: Jaggaer offers a comprehensive source-to-pay platform covering indirect procurement, supplier management, and contract lifecycle management. It directly competes with BuyerQuest in mid-market and enterprise procure-to-pay deals.
- GEP: GEP provides a unified procurement platform (SMART by GEP) alongside managed procurement services. It targets the same enterprise indirect-spend buyers as BuyerQuest and competes in procure-to-pay and supplier collaboration.
- Zycus: Zycus is a direct competitor offering AI-powered source-to-pay and procure-to-pay solutions for enterprises. It overlaps with BuyerQuest on procurement automation, supplier management, and invoice processing.
- Ivalua: Ivalua provides a unified source-to-pay platform with strong configurability, serving large enterprises globally. It is a direct competitor in procure-to-pay, supplier management, and contract management.
- Basware: Basware specializes in accounts payable automation and procure-to-pay, particularly strong in Europe. It overlaps with BuyerQuest on invoice processing, PO automation, and B2B payments.
Broad incumbents
- SAP Ariba: SAP Ariba is the dominant incumbent in procurement and the flagship ERP-embedded procurement suite from SAP. It competes head-to-head with BuyerQuest for large enterprise procurement deals and is also a key integration partner, making it both competitor and channel partner.
- Oracle Procurement Cloud: Oracle's procurement cloud is part of its broader ERP suite (including Oracle ERP Cloud, NetSuite) and competes directly with BuyerQuest's Procure-to-Pay and Marketplace offerings. Oracle is also a certified integration partner for BuyerQuest.
Emerging players
- Procurify: Procurify focuses on mid-market procurement and spend management with a consumer-like UX. While smaller and more SMB-focused, its emphasis on intuitive buying experiences directly parallels BuyerQuest's core differentiation.
- SpendHQ: SpendHQ (formerly Insight Spend) provides procurement analytics and spend visibility, overlapping with BuyerQuest's Analytics module and the broader indirect-spend intelligence theme.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
BuyerQuest social profiles
Digital presenceBuyerQuest financial estimates
Financial estimateRevenue estimate
Valuation estimate
BuyerQuest leadership team
Management profileNumber of profiles
BuyerQuest funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BuyerQuest M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BuyerQuest
What does BuyerQuest do?
BuyerQuest sells a cloud-based B2B procurement marketplace and procure-to-pay (P2P) software platform delivered as multi-tenant SaaS to enterprises. The Marketplace product overlays existing ERP/MRP systems with a consumer-like shopping storefront (loaded supplier catalogs, smart search, reordering), while the P2P product covers requisitioning, automated approvals, PO generation, three-way invoice matching, and payments. The platform integrates with 15+ ERP/financial systems via pre-built adapters and is sold to mid-market through Fortune 500 organizations managing complex indirect spend.
Is BuyerQuest a public or private company?
BuyerQuest is a private company. It is classified as venture growth investor backed and is currently operating.
When was BuyerQuest founded?
BuyerQuest was founded in 2010. It employs 51 to 100 people.
Where is BuyerQuest based?
BuyerQuest is headquartered in Berea, United States, in the North America region.
How does BuyerQuest make money?
Three revenue lines are on record. SaaS subscription is the primary driver. The others are implementation and onboarding services and managed supplier / catalog services.
Who are BuyerQuest's main competitors?
Direct peers on record are Coupa Software, Jaggaer, GEP, Zycus, Ivalua and Basware. Broad incumbents are SAP Ariba and Oracle Procurement Cloud. Emerging players are Procurify and SpendHQ.
Does BuyerQuest have an API?
No public API is recorded for BuyerQuest.
What industry is BuyerQuest in?
BuyerQuest's product category is Procurement Software. Its primary akta.pro industry code is BPAMAGAD, B2B Marketplaces & Wholesale Platforms, with a secondary code of BPAAAJAA, Purchase-to-Pay (P2P) Operations. Its NAICS code is 42512 and its SIC code is 5040.