"The partnership is the culmination of over 12 months of work, so we are really pleased to sign this deal," said James Jenkinson, Vice President at Efficio. "Our relationship will enable Efficio to leverage Iasta’s best-in-breed software across many areas of our business. We can now better assist our clients in getting better spend visibility through Spend Analytics and easy access to eSourcing and Contract Management software. The new access to technology will add a significant amount of functionality to our procurement backbone."
Iasta SmartSource will help Efficio clients communicate directly with their suppliers and internal stakeholders through a variety of electronic tendering event types: RFIs, RFQs, RFPs, and general questionnaires or agreements. Efficio clients can also use eAuctions to drive cost savings.
"We are extremely excited about our partnership with Efficio as it creates a deep and powerful delivery model for our clients," said Sean Delaney, Vice President of Sales at Iasta. "Our partnership leverages the execution strengths of Efficio’s consulting team and Iasta’s marketing leading upstream procurement application. Our relationship allows us to continue developing Iasta’s procurement tools and fulfill our mission to deliver an impact through sourcing intelligence."
IASTA is a team of dedicated sourcing and spend management experts who empower procurement to expand their impact and influence across the organization. Our unmatched blend of software and services allow companies to incorporate best-in-class purchasing practices through IASTA’s spend analysis, supplier management, strategic sourcing, decision optimization, and contract management solutions. We empower procurement organizations with the tools, business intelligence, and experience needed to make responsible business decisions. Most importantly, the heart of IASTA's business model is customer success. We believe that strong customer relationships drive user adoption, which increases the ROI of our easy-to-use software and exceptional service offerings. Learn more at www.iasta.com.
Efficio is a results-focused procurement consultancy with a track record of helping leading organisations achieve more value from their procurement. It is headquartered in London, UK, and has offices in Denmark, France, Germany, Switzerland and the US.
Efficio combines the credentials of a top tier firm with the depth of expertise of a flexible niche player. Clients include 3i, AstraZeneca, Barclays, BAT, Biffa, British Gas, Ford, Scandic Hotels, HSBC, KKR, Nokia, National Grid, O2, Tryg and Thames Water among others. Learn more at