apadua

apadua is a Germany-based startup that was founded in 2016. The company specializes in the B2B, Information Technology, Internet, and SaaS industries. Their slogan, "apadua empowers your team to leverage hidden potentials in professional services procurement," reflects their mission to address the unique challenges of buying professional services. This is crucial for companies as expenditure for these services can account for 3 to 10% of revenue, making efficient procurement processes essential. The company recognizes that existing procurement solutions are often ill-suited to the specific requirements of companies relying on external professional services. Late involvement of procurement teams and inadequacies in personnel, methods, and technology further complicate matters. To address these challenges, apadua offers a best-of-breed SaaS platform tailored for professional services procurement. Their platform bridges methodological and technological gaps, complementing existing sourcing tools. It fosters collaboration between cost center managers and procurement departments, ensuring efficient decision-making. Importantly, it requires no lengthy implementation or extensive staff training, making it accessible and efficient for procurement professionals and internal customers. The latest investors in apadua include Holger Felgner, Michala Rudorfer, Sebastian Mertes, Thomas Klews, Manuel Mueller, Christian Portz, Martina Pfeifer, who participated in the angel round investment on 20 January 2023. Overall, apadua aims to simplify the complexities of professional services procurement and deliver a seamless and effective buying experience for organizations.