80:20 Procurement Services

What 80:20 Procurement Services does

80:20 Procurement Services is a UK-headquartered (Aberdeen) outsourced procurement provider specializing in non-strategic, high-volume, low-value purchasing and tail-spend management, primarily for oil and gas operators and industrial clients. The company operates as a managed services extension of its clients' buying teams, handling indirect procurement categories such as general consumables, ad-hoc materials, and equipment hire, with documented outcomes including up to 80% supplier consolidation and 32% cost reductions on sampled product categories.

The underlying asset is a proprietary three-product technology platform: ePro, a cloud-based e-procurement portal providing a single point of entry for catalogue ordering and ad-hoc quotations (developed in 2010, refreshed in April 2022 with subscriptions, repeat orders, and kit orders); eExpediting, which reduces manual order-tracking effort and provides supplier delivery updates; and eHire, which tracks and traces material hire cycles with an auditable trail. The platform integrates natively with SAP and IBM Maximo ERP systems and is accessible on desktop, iOS, and Android. The company is a subsidiary of Peterson, an international logistics company, which provides logistics and supply-chain infrastructure as a corporate backbone.

Revenue is generated through a mix of managed procurement services (fees tied to spend volumes and cost savings) and technology platform licensing/subscription. Go-to-market is enterprise direct sales with long-cycle relationship-based selling; key named customers include Total E&P UK Ltd (multi-year North Sea consumables contract from January 2021), Serica Energy, and an unnamed global drilling company. Operations span two geographies — Aberdeen (UK headquarters, with two facilities) and Houston (US regional headquarters) — serving clients across Europe and North America.

Name

80:20 Procurement Services

Legal name

80:20 Procurement Services

Website

https://8020procurement.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

101–250 employees

Short description

80:20 Procurement Services is an Aberdeen-based outsourced procurement provider that manages tail spend and non-strategic, high-volume, low-value purchasing for oil and gas operators and industrial clients via its ePro, eExpediting, and eHire platform, operating as a subsidiary of logistics group Peterson with offices in the UK and Houston.

Ownership category

akta.pro rank

Product category

Procurement and Supply Chain Services

NAICS

Business Support Services (5614), Software Publishers (5132)

SIC

Services-Help Supply Services (7363), Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Catalog & eProcurement Enablement (Punchout, Item Master) (BPAAAJAI)

akta.pro secondary industries

Sourcing Support & RFx Administration (RFI/RFP/RFQ) (BPAAAJAC), Spend Analytics & Reporting Support (BPAAAJAJ), Procurement Systems Administration (ERP/P2P Tools Support) (BPAAAJAO)

Keywords

• Outsourced procurement services
• Tail spend management
• E-procurement platform
• Indirect procurement solutions
• Supply chain optimisation

Headquarters

HQ city

Aberdeen

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Outsourced Procurement Services: The company acts as a managed services provider handling non-strategic, high-volume, low-value procurement for clients. Revenue is generated through procurement fees, cost savings achieved, and transactional processing. The company positions itself as a value-added outsourced procurement partner.
2. Technology Platform Licensing: Revenue from providing access to ePro, eExpediting, and eHire technology solutions. Clients use these platforms to manage their own procurement processes, with 80:20 hosting supplier catalogues and delivering transactional savings.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

80:20 Procurement Services is an outsourced procurement solutions provider that handles non-strategic, high-volume, low-value purchasing (tail spend) on behalf of enterprise clients. The company acts as an extension of clients' buying teams, delivering cost savings through spend consolidation, vendor rationalisation, and proprietary e-procurement technology. It complements its managed services with a cloud-based platform suite (ePro, eExpediting, eHire) that integrates with client ERP systems.

Product overview

80:20 Procurement Services offers a suite of three core technology products: ePro (e-procurement portal for catalogue ordering and ad hoc quotations), eExpediting (order tracking and delivery visibility), and eHire (material hire cycle management). These products are designed to manage tail-end spend, streamline procurement processes, and provide supply chain visibility, with ePro serving as the primary platform that integrates with client ERP systems.

Differentiator

Problem solved

Functional benefit

Brands

• ePro: eProcurement solution reducing transactional costs, integrating with client systems including SAP and Maximo.
• eExpediting
• eHire

Products and services

• ePro Proven e-procurement portal providing a single point of entry for all online catalogue ordering and requests for ad hoc quotations. Features purchasing subscriptions, repeat orders, kit orders, and advanced search capabilities. Available on desktop and mobile (iOS and Android), with native integration into client ERP systems including SAP and Maximo. Designed for enterprise procurement teams managing tail-end spend.
• eExpediting Expediting technology solution that reduces manual activities associated with tracking order deliveries, lowers transactional costs, and provides real-time delivery updates from suppliers. Delivered 20% improvement in time and costs for expediting activities across client engagements.
• eHire Material hire tracking solution that enables companies to track and trace hires with an auditable trail from start to finish of the hire, capturing financial trends and status allowing financial monitoring across assets.
• Outsourced Procurement Services Managed services offering in which 80:20 acts as an extension of enterprise clients' buying teams, handling non-strategic, high-volume, low-value procurement (tail spend). Revenue is generated through procurement fees, cost savings achieved, and transactional processing, with demonstrated outcomes of up to 80% spend consolidation and 32% cost reductions.

Quantifiable outcome

• Up to 80% spend consolidation through vendor rationalisation
• +3 more outcomes

Named customers3 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

Integration2 records

Feature3 records

Partnerships

One partnership is on record.

• Peterson (Parent Company)coreOthers80:20 Procurement Services forms part of the international logistics company Peterson. Peterson is described as the parent company/group, with 80:20 operating as a subsidiary providing value-added outsourced procurement solutions within the Peterson group structure. The relationship provides 80:20 with access to Peterson's broader logistics and supply chain capabilities.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Sievo: Sievo provides procurement analytics and spend data insights to large enterprises, complementing or substituting parts of 80:20's data analysis offering. It is increasingly positioned as the spend analytics layer in tail-spend programs.
• HICX: HICX is a supplier information and procurement data management platform focused on enterprise indirect spend, supplier master data and tail-spend visibility — a more specialized, software-led competitor in the same tail-spend niche 80:20 addresses.

Broad incumbents

• SAP Ariba: SAP Ariba is the dominant cloud procurement network and source-to-pay suite, natively integrated with SAP ERP — the same ERP that 80:20 integrates with. It represents both the primary platform alternative and the embedded-incumbent threat to ePro.
• Corcentric: Corcentric offers procurement, AP automation and spend management software plus managed services for mid-market and enterprise customers. Its combined software-plus-services model competes with 80:20's managed services + ePro platform proposition.
• Coupa Software: Coupa (now part of Thoma Bravo) provides a broad business spend management platform covering procurement, invoicing and expense management. Its catalog and indirect procurement capabilities overlap with 80:20's ePro offering for large enterprise customers.
• Jaggaer: Jaggaer is an established source-to-pay platform with deep capabilities in indirect procurement, catalogue management and supplier enablement. It competes with 80:20's ePro platform and tail-spend catalogue ordering functionality at enterprise customers.

Direct peers

• Proxima: Proxima is a procurement services and consulting firm that helps enterprises optimize indirect spend, often acting as an extension of client buying teams — a near-identical go-to-market motion to 80:20's 'extension of your buying team' positioning.
• GEP Worldwide: GEP combines a procurement software platform (SMART by GEP) with managed procurement services for enterprise clients globally. It competes head-on with 80:20 in outsourced indirect procurement and tail-spend management for large enterprises, including in the energy sector.
• Efficio: Efficio is a specialist procurement and supply-chain consultancy focused on indirect spend and tail-end management for large corporates. Its outsourced/managed delivery model and energy/industrial client base overlap materially with 80:20.

Regional players

• Achilles Information: Achilles operates supplier information, qualification and pre-qualification networks heavily used by energy and industrial buyers (including North Sea operators) to manage tail-end supplier risk and compliance — adjacent and partly overlapping with 80:20's supplier rationalization work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/1227342/admin

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 80:20 Procurement Services