Blur Group PLC Expansion of Global Spend Management Platform
October 10 2016 - 2:00AM
RNS Non-Regulatory
TIDMBLUR
Blur Group PLC
10 October 2016
10 October 2016
blur Group plc
("blur Group", the "Group" or the "Company")
Major Expansion of Global Spend Management Platform
Business goods now available alongside services on
market-leading B2B Enterprise Marketplace
blur Group plc (AIM:BLUR), the market-leading Enterprise
Services Platform & Marketplace, today announces a major
addition to its online Marketplace allowing organisations to source
goods alongside business services for the first time.
blurgroup.com now offers complete solutions for everything from
marketing campaigns and legal services to engineering components
and computer hardware from over 65,000 vetted service providers and
suppliers for business services and goods.
Responding to customer requests and demands of the market, the
major new development builds on extensive experience of operating a
global online marketplace for complete end-to-end sourcing and
management for an array of business services.
Philip Letts, blur Group CEO, commented:
"We are delighted to announce the next phase of blurgroup.com as
we respond to the market need by introducing one Marketplace for
both business goods and services across the world. The learning and
technology, that has enabled us to develop a state-of-the-art
solution for end-to-end business services, is now available for the
first time for business goods.
"Corporate organisations have been asking us to extend our
offering beyond services, because they want to be able to implement
a single end-to-end solution to drive savings across a broader
range of their indirect spend. This major development uses the same
proven cloud platform and technology and means we can now work
within a much wider market ourselves.
"We know that the adoption of B2B Marketplaces leads to improved
internal efficiencies and savings across an organisation, and we
know that cost reduction remains the number one priority for CEOs.
As a procurement partner to many enterprises, we are already seeing
the considerable savings being achieved both in the short and
longer-term through effective buying of business services. Now we
expect to see the same benefits realised through the buying of
goods."
* blur defines the Enterprise as a business with 50 or more
employees
For further information, please contact:
blur Group plc investors@blurgroup.com
Tim Allen Tel: +44 (0) 1392 927618
Shaun Dobson/Jen Boorer N+1 Singer
Tel: +44 (0) 20 7496 3000
Alistair de Kare-Silver Yellow Jersey PR
Tel: +44 (0) 7825 916715
About blur Group plc at blurgroup.com
Since 2010, blur Group has been helping enterprises worldwide
eliminate waste and inefficiency in their indirect procurement
process through its market leading Enterprise Services Platform
& Marketplace. To date over 65,000 businesses, including
companies like, Tesco, Danone, Trinity Mirror, and PwC, have
adopted blur's platform to either buy or sell services online
submitting over $500m of services requirements to blur Group's
platform.
blur Group is a public company listed on the London Stock
Exchange's AIM market (BLUR) and is headquartered in the UK with
regional sales offices in the US and Europe.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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