When the light goes on: How cloudBuy sees the world differently by Jon Hansen

Posted on April 29, 2014 by


Editor’s Note: The company that Spend Matters has called an enigma . . . but why?

Procurement Insights

Similar to our other New Wave 2014 organizations, there were a number of reasons why we selected cloudBuy as a company to watch this year.

From their relationship with Visa through which they are able to address the challenges that smaller suppliers face in terms of over 90 receivables that no longer support their operating line of credit, to the intuitive interface that provides a buyer experience similar to consumer oriented platforms, there appeared to be good reason for keeping a watchful eye upon the company

Despite that positive point of view, the one question that lingered was not one of potential, but instead tangible realization.

For those viewing the company’s website for the first time, and then reading about how cloudBuy plans to “become the biggest technology business in the world, beating Apple, Google and Microsoft,” one might be excused for wondering what it all means.  Specifically, is cloudBuy…

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