Finland-based digital procurement service provider Cloudia has signed an exclusive agreement to add BuyerQuest Procure-to-Pay (P2P) solution to its Middle East and Africa region product portfolio.

BuyerQuest P2P solution is designed to streamline corporate buying process. Companies use the software to optimise their procure-to-pay process boosting user adoption and drive contract compliance.

The company counts several global brands including Saudi Aramco as its clients.

The user-friendliness of BuyerQuest P2P solution is a key reason for its selection, Cloudia noted in a statement. The Finnish firm also seeks to bolster its competitiveness with this addition.

Cloudia CEO for the Middle East and Africa Joonas Jantunen said: “Cloudia currently offers a digital Source-to-Contract process, but the addition of P2P capabilities means we’ll be able to bring customers a complete closed-loop Source-to-Pay process.

“And this is backed by a world-class platform, that can be placed over existing ERP’s and other procure-to-pay solutions, and with a capacity to load millions of items across thousands of suppliers into a single marketplace.”

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BuyerQuest founder and CEO Jack Mulloy said: “BuyerQuest is excited to build upon our success in the Middle East and to partner with Cloudia to more aggressively expand in this growing region.

“Cloudia’s commitment to customer success aligns perfectly with BuyerQuest and we look forward to meaningful customer expansion in the Middle East for years to come.”