Procurement Services

What Procurement Services does

PSG Procurement Services GmbH is a German-headquartered indirect procurement services provider founded in 1991 (originally as IPS) and operating from Lohmar near Cologne/Bonn, with additional offices in Judenburg (Austria), Mellingen (Switzerland), and Haslach (Germany). The company is a wholly-owned subsidiary of French optimization solutions provider EPSA Group following the latter's February 2020 acquisition. PSG targets DAX-listed corporations and large medium-sized enterprises with more than 1,000 employees and tail-spend volumes exceeding €1 million annually, serving more than 200 customers including Airbus, Amazon, Bayer, Bosch, DHL, Lufthansa, and Dow, with a reported ~30% market share among DAX companies.

The company's product portfolio is built around three modular, interoperable solutions: PSG Marketplace (aggregating 200+ suppliers and 15M+ catalog items with pre-negotiated prices under a one-vendor model), PSG SpotBuy (handling infrequent, unplanned special procurements in the same one-vendor model), and PSG eProcurement (a transaction platform supporting catalog and free-text ordering with ERP integration, including SAP/R3 and OCI5 background search interoperability). The underlying technology combines proprietary eProcurement software with marketplace aggregation and integration layers, and PSG cites more than 100,000 connected users handling hundreds of thousands of orders annually.

PSG operates a hybrid revenue model combining marketplace commissions on transaction volume, recurring subscription-style fees for eProcurement platform services, and professional services for special procurement handling and consulting/implementation. Pricing is custom and quote-based with annual billing cadence, and go-to-market is enterprise field sales supported by event-driven demand generation at major European procurement conferences. The company is ISO 9001 and ISO 14001 certified, and operates under EPSA Group's EcoVadis Platinum (2025) and CDP B score sustainability credentials, with the combined EPSA Marketplace division reporting over €500 million in revenue.

Name

Procurement Services

Legal name

PSG Procurement Services GmbH

Website

https://psg-procurement.com

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

51–100 employees

Short description

PSG Procurement Services GmbH is a German indirect procurement services provider serving over 200 DAX-listed corporations and large enterprises with a modular eProcurement platform, marketplace, and one-vendor model. Now part of EPSA Group, PSG handles more than €250M in procurement volume annually.

Ownership category

akta.pro rank

Product category

Procurement Services / eProcurement Software

NAICS

Management Consulting Services (54161), Custom Computer Programming Services (541511), Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (423430), Office Equipment Merchant Wholesalers (42342)

SIC

Services-Help Supply Services (7363), Services-Computer Programming, Data Processing, Etc. (7370), Wholesale-Professional & Commercial Equipment & Supplies (5040)

akta.pro primary industry

Procurement & Strategic Sourcing (BPAHAHAB)

akta.pro secondary industries

Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI), Procurement Systems Administration (ERP/P2P Tools Support) (BPAAAJAO), Procurement Helpdesk & Stakeholder Support (BPAAAJAD), Office Supplies, IT & Workplace Procurement Marketplaces (CRAFAHAF)

Keywords

• Indirect procurement services
• EProcurement platform
• Tail spend management
• Supplier marketplace
• Procurement outsourcing

Headquarters

HQ city

Lohmar

HQ country

Germany

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Marketplace/Transaction Fees: Revenue generated through marketplace transactions, handling procurement for clients with pre-negotiated supplier prices and consolidating vendors under a one-vendor model.
2. eProcurement Platform Services: Subscription-style fees for digital transaction platforms, catalogue management, and marketplace systems for supplier and user administration.
3. Special Procurement Services: Services for infrequently required, unplannable products and services, handling special procurements that block purchasing departments.
4. Consulting and Implementation: From consulting to implementation support with long-term client contact for digitalizing purchasing processes.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

PSG Procurement Services provides indirect procurement outsourcing through three integrated solutions: PSG Marketplace (aggregating 200+ suppliers with 15M+ catalog items at pre-negotiated prices under a one-vendor model), PSG SpotBuy (digital handling of infrequent, unplanned special procurements), and PSG eProcurement (catalog and free-text ordering platform with ERP integration). The company serves large corporations and medium-sized businesses, reducing supplier complexity, automating purchasing processes, and ensuring compliance with ESG, LkSG, and CO2 reduction requirements.

Product overview

PSG operates a modular, scalable product portfolio structured around three core solutions: PSG Marketplace (aggregating 200+ suppliers and 15M+ items with pre-negotiated prices in a one-vendor model), PSG SpotBuy (handling infrequent, unplanned special procurements in the same one-vendor model), and PSG eProcurement (a platform for catalog and free-text ordering with ERP integration for independent supplier and user management). These three solutions work together as an integrated suite — the Marketplace provides competitive pricing through supplier consolidation for tail spend, SpotBuy addresses the special procurement category that would otherwise block purchasing, and eProcurement serves as the orchestration layer that customers use to manage ordering and supplier relationships, all operating under the same one-vendor (1-Kreditor) model. PSG positions itself as an innovation leader in indirect purchasing, having operated since 1991, and is part of the EPSA Group.

Differentiator

Problem solved

Functional benefit

Brands

• PSG Marketplace: Marketplace solutions offering more than 200 suppliers with more than 15 million items including pre-negotiated prices in a one-vendor model for tail spend needs.
• PSG SpotBuy
• PSG eProcurement

Products and services

• PSG Marketplace Marketplace solution aggregating more than 200 suppliers with over 15 million catalog items at pre-negotiated prices in a one-vendor model. Provides intense supplier competition driving low prices, certified compliance, transparency, and sustainability. Customers can supplement with their own tested suppliers and integrate with SpotBuy.
• PSG SpotBuy Global solution for the efficient, digitalized purchase of infrequently required, unplannable products and services in a one-vendor model. Reduces complex supplier relationships and transforms special procurements into simple, efficient orders.
• PSG eProcurement Sophisticated eProcurement platform supporting digital transaction platforms and marketplace systems for independent supplier and user management. Includes catalog and free-text ordering, one-vendor model integration, and ERP system integration for smooth processes.
• Real-Time Comparison Platform (PSG + CROWDFOX) Real-time B2B comparison platform combining PSG's procure-to-pay integration with Crowdfox Professional's catalogue cloud for supplier data import and UTIN-based article matching, offering over 100 million article offers.

Quantifiable outcome

• Over 250 million euros in volume handled (well over 500 million euros in EPSA group)
• +3 more outcomes

Named customers13 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• CROWDFOX GmbHcoreTechnology or IntegrationCROWDFOX Professional is a technology leader for purchase optimization. Their digital solution provides transparency, process security, process efficiency and market-driven prices. PSG partnered with CROWDFOX in 2018 to create a B2B assortment with over 100 million article offerings.
• innovation concept GmbH (ReqPOOL group)minorImplementation/ SI/ Consulting PartnerPart of ReqPOOL group, an international management consultancy with focus on procurement, process and project management as well as communication.
• GIS InternationalminorChannel Partner/ Reseller/ DistributorGIS International operates worldwide and simplifies the procurement of direct and indirect materials, operating in over 20 countries.
• Caniu GRC Management GmbHminorImplementation/ SI/ Consulting PartnerCaniu offers comprehensive management consulting services for procurement including a product specifically for PSG implementations.

Scale indicators8 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• GEP Worldwide: GEP combines procurement software with managed services and strategic sourcing consulting, broadly comparable to PSG's combined consulting, marketplace and platform offering for large enterprises.
• Coupa Software: Coupa provides a broad Business Spend Management platform (procurement, invoicing, expense, supply chain) that competes with PSG's full indirect-procurement suite, particularly for large multinational enterprises.
• SAP Ariba: SAP Ariba is the dominant incumbent in enterprise procurement, providing full Source-to-Pay suites that compete with PSG eProcurement and Marketplace, particularly for DAX customers running SAP ERP backends.

Direct peers

• Proactis: Proactis offers enterprise-wide Source-to-Pay solutions including eProcurement and supplier integration, directly overlapping PSG's catalog ordering, ERP integration and supplier management capabilities (and is also a listed PSG partner).
• SynerTrade (Revolut Group / Aquanima): SynerTrade is a European Source-to-Pay platform serving large enterprises with catalog, supplier management and analytics capabilities, competing head-to-head with PSG for indirect procurement transformation deals.
• WPS Management (WPSM): WPSM is a German pioneer in e-procurement with 25+ years of experience covering the full source-to-pay process, directly comparable to PSG's DACH-focused eProcurement and source-to-pay stack (and listed as a PSG partner).
• Ivalua: Ivalua offers a unified Source-to-Pay platform with strong European enterprise adoption, competing with PSG for direct procurement digitalization and supplier management engagements.
• Basware: Basware provides P2P, e-invoicing and procurement solutions widely used across European enterprises, overlapping with PSG's eProcurement and indirect purchasing automation offerings.
• Unite Network (formerly Mercateo): Unite Network operates the leading European B2B procurement marketplace for indirect materials, directly comparable to PSG Marketplace's 200+ suppliers and one-vendor model. Both serve DACH enterprises with catalog-based indirect purchasing at scale.
• Jaggaer: Jaggaer is a global Source-to-Pay platform with strong European enterprise penetration, directly competing with PSG eProcurement and SpotBuy for tail-spend management in DAX and large European corporates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Procurement Services