Onventis

What Onventis does

Onventis GmbH is a Stuttgart-based, privately held software company that builds and sells the Onventis Buyer cloud suite, a Source-to-Pay platform covering Supplier Management, Sourcing, Contract Management (CLM), eProcurement, AP Automation, and Spend Analytics, with an underlying agentic AI layer branded as Onventis Onix. The platform runs on Microsoft Azure and is delivered as multi-tenant SaaS localized in 16 languages, with ERP integrations to SAP, Microsoft Dynamics, Exact Globe+, and Exact Online, eIDAS-compliant electronic signatures via Signicat, and OCR-as-a-Service for invoice capture. Onventis serves approximately 1,000 buying organizations and ~1.2 million users across 16 languages, processing roughly $20 billion in annual procurement volume through a network of 600,000+ connected suppliers; named customers span Financial Services (DZ HYP, DVAG, Haspa), Pharma/Healthcare (Vetter, Weleda, Alliance Healthcare, Deutsche Fachpflege), Manufacturing (Constantia Flexibles, De Dietrich, Blumenbecker), Retail/Wholesale (Das Futterhaus, E/D/E, Medpets), Logistics (Hermes Germany), Testing & Certification (DEKRA), Energy (ENGIE Deutschland), and Social Services/NGO (HHO, Amnesty International Netherlands). The company was founded in 2000, is backed by Main Capital Partners, acquired Swedish spend analytics firm Spendency in November 2021 to expand its Nordic footprint and analytics module, and is led by CEO Frank Schmidt alongside COO Zoran Steko, CAIO Heiko Rumpl, and CPO Dolf van den Boorn.

Onventis monetizes primarily through per-user SaaS subscriptions for the Onventis Buyer platform and its modules, billed monthly in advance with annual renewals and a contractual cap of 5% annual price increases, supplemented by separately billed professional services for implementation, customization, and training, and by support services that are largely bundled into subscriptions. Go-to-market is hybrid: direct enterprise sales with in-house onboarding for larger accounts, channel/reseller distribution through E/D/E (offering the platform as eProc.III since 2004 to ~1,200 mid-market trading members) and consulting/implementation partners such as Metroplan, supported by content marketing, owned events (Xchange Conference), industry event participation (BME eLÖSUNGSTAGE 2026), webinars, SEO in German, and "Live Demo" CTAs. The company explicitly differentiates as a European sovereign alternative to US procurement clouds, emphasizing customer-managed keys, Cloud Act resilience, GDPR-compliant data processing, and EU AI Act compliance.

Name

Onventis

Legal name

Onventis GmbH

Website

https://onventis.de

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

101–250 employees

Short description

Onventis is a Stuttgart-based, PE-backed SaaS provider of an integrated cloud Source-to-Pay procurement suite (Supplier Management, Sourcing, CLM, eProcurement, AP Automation, Spend Analytics) with an agentic AI layer, serving 1,000+ European enterprise and mid-market organizations across DACH, the Netherlands, Sweden, and France.

Ownership category

akta.pro rank

Product category

Procurement Software

NAICS

Software Publishers (5132), Custom Computer Programming Services (541511), Computer Systems Design Services (541512)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC)

akta.pro secondary industry

Vendor & Contract Management (Software/Cloud) (BPAEAOAD)

Keywords

• Cloud procurement software
• Source-to-pay platform
• AP automation
• Supplier management
• Spend analytics

Headquarters

HQ city

Stuttgart

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. Software Subscription (SaaS): Onventis operates primarily as a SaaS subscription model where customers pay monthly fees for access to the Onventis Buyer platform and related modules. The subscription includes the OS-Lösung (Onventis Solution), hosting, support, and software maintenance. Pricing is based on the number of authorized users and the specific modules contracted.
2. Professional Services: Implementation, customization, consulting, training, and interface setup services are provided as separate professional service engagements. These are typically billed based on effort (per 30-minute unit) or as fixed-price project deliverables.
3. Support Services: Technical support services including a user hotline accessible via email, online support portal, and telephone during defined support hours. Support is included in the monthly subscription but also available as a standalone service component.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels9 records

Core offering

Onventis sells a cloud-based Source-to-Pay procurement suite (Onventis Buyer) covering the entire procurement lifecycle: Supplier Management, Sourcing, Contract Management, eProcurement, AP Automation, and Spend Analytics. The suite is powered by an agentic AI platform (Onventis Onix) and includes the Onventis Network connecting buyers with over 600,000 suppliers. The platform is sold primarily to European mid-market and enterprise customers on a per-user SaaS subscription basis with modular configuration.

Product overview

Onventis offers a unified Source-to-Pay intelligence platform consisting of the Onventis Buyer suite (the core procurement platform) powered by the Onventis Onix AI agentic platform. The product portfolio covers the entire procurement lifecycle through integrated modules: Supplier Management (including Supplier Portal), Source-to-Contract (Sourcing/Auctions and Contract Management with CLM), Procure-to-Pay (eProcurement and AP Automation), Analytics (Spend Analytics with EcoSpend), and Onventis Network for buyer-supplier collaboration. The platform is delivered as a cloud-based SaaS solution with ERP integration capabilities, processing over $20 billion in annual procurement volume across 1,000+ organizations with 1.2 million users in 16 languages.

Differentiator

Problem solved

Functional benefit

Brands

• Onventis Onix: The agentic AI platform powered by Onventis, providing AI agents for procurement and finance automation including intake & orchestration, invoice coding, procurement strategy creation, and spend categorization.
• Onventis Buyer
• EcoSpend

Products and services

• Onventis Buyer All-in-One cloud-based procurement suite that digitalizes the entire Source-to-Pay process including Supplier Management, Sourcing, Contract Management, eProcurement, AP Automation, and Spend Analytics. Used by over 1,000 organizations with approximately 1.2 million users in 16 languages processing $20 billion in annual procurement volume.
• Onventis Onix AI Agentic AI platform powering the Onventis procurement suite. Provides AI agents for automation including Intake & Orchestration, Order Confirmation Automation, Invoice Coding, Organizational Policy & Guidelines, PDF Offer Upload, Questionnaire Insights, Spend Categorization, and Procurement Strategy Creator. Positioned as European sovereign AI compliant with the EU AI Act.
• Contract Lifecycle Management (CLM) Cloud-based contract management system that automates the entire contract process from drafting to archiving. Features centralized storage, collaboration tools, and eIDAS-compliant e-signature integration with Signicat for Advanced Electronic Signatures (AES) with substantial identity verification and automated audit trails.
• Spend Analytics AI-powered spend analysis solution providing intelligent insights for cost control and decision-making. Includes spend categorization and Ecospend Calculator for sustainability analysis.
• Onventis Network Network collaboration platform connecting buyers and suppliers for simplified and secure business process integration. Connects over 600,000 suppliers in the network and facilitates supplier discovery, connection, and ongoing collaboration across the procurement lifecycle.
• EcoSpend Sustainability-focused solution within the Onventis portfolio for tracking and analyzing environmental impact of procurement decisions. Supports environmentally sustainable procurement and ESG reporting for European mid-market enterprises.
• Supplier Management Comprehensive supplier lifecycle management covering supplier information, qualification & evaluation, and supplier master data management to build sustainable and efficient supply chains for European enterprises.
• Procure-to-Pay Operational procurement module including eProcurement and AP Automation for automating purchase processes, invoicing, and payments from requirement through payment. Includes automated invoice processing with OCR-as-a-Service, line-item recognition, and ERP integration.
• Source-to-Contract Strategic procurement module covering Sourcing (RFX, auctions) and Contract Management for optimizing procurement from demand planning through contract execution.
• Supplier Portal External portal for suppliers to manage their profile, offers, orders, catalog integration, Punchout, EDI, and procurement shop interactions with buyers. Enables self-service supplier onboarding and collaboration.

Quantifiable outcome

• 65%+ time savings on invoice processing
• +3 more outcomes

Named customers20 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability8 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and minor.

• SignicatcoreTechnology or Integration · 1 April 2026Strategic partnership with Signicat, one of Europe's most established digital identity and trust service providers. Integration provides eIDAS-compliant Advanced Electronic Signatures (AES) within the Onventis Contract Lifecycle Management solution. Enables legally binding electronic signatures with automated audit trails and identity verification compliant with EU regulations.
• SpendencycoreOthers · 23 November 2021Acquisition of Swedish spend analytics firm Spendency. Expands Onventis product offerings with spend analytics capabilities and strengthens geographic presence in Nordic markets. Combined customer base exceeds 1,000 organizations.
• E/D/E (Einkaufsbüro Deutscher Eisenhändler)coreChannel Partner/ Reseller/ Distributor · 1 January 2004Long-standing sales partnership since 2004 where E/D/E offers Onventis solutions under product name eProc.III to its ~1,200 mid-market member companies in the MRO/production supplies trading sector. E/D/E is Europe's largest purchasing and marketing association in the production supplies trading segment.
• MetroplanminorImplementation/ SI/ Consulting PartnerConsulting partner for implementation projects. Metroplan supports Onventis customer deployments including DZ HYP implementation. Provides procurement consulting expertise complementing Onventis software.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Coupa Software: Large, US-headquartered business spend management platform with a comprehensive Source-to-Pay suite. Broader incumbent competing against Onventis especially in larger European enterprise accounts.
• GEP: Procurement and supply chain software and services provider with a Source-to-Pay platform. Larger, broader incumbent with overlap into enterprise procurement where Onventis also competes.
• SAP Ariba: SAP's procurement and supplier collaboration platform, dominant in large enterprise and deeply integrated with SAP ERP. The broadest incumbent Onventis competes against, especially in DACH SAP shops.

Direct peers

• Proactis: UK-headquartered Source-to-Pay platform targeting mid-market and public-sector organizations in Europe. Closely aligned with Onventis's mid-market positioning and full Source-to-Pay suite.
• SynerTrade: European Source-to-Pay platform (now part of Ivalua) with strengths in sourcing, e-procurement, and supplier management. Closely comparable mid-market European positioning to Onventis.
• Basware: Finnish AP automation and P2P specialist serving mid-market and large enterprises across Europe. Comparable Source-to-Pay overlap with Onventis, particularly in invoice processing and procurement finance.
• Ivalua: French-headquartered provider of a unified Source-to-Pay suite including sourcing, contract management, P2P, and spend analytics. Closely comparable to Onventis in product scope, mid-to-large enterprise focus, and European customer base.
• Jaggaer: Global Source-to-Pay platform covering sourcing, supplier management, contract management, and P2P. Direct competitor to Onventis in mid-to-large enterprise procurement with overlapping modules and European presence.
• Esker: France-based provider of AP automation, P2P, and order management solutions with significant European mid-market footprint. Overlaps with Onventis in invoice automation and broader P2P.

Emerging players

• Corcentric: Source-to-Pay and finance automation provider with focus on AP automation, procurement, and contract management. Comparable mid-market and enterprise overlap with Onventis, particularly in North America and Europe.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/onventis-gmbh

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Onventis