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The Beginning
Onventis was founded in Stuttgart in 2000. As a cloud pioneer, we started in the field of e-procurement with Application Service Providing (ASP), a business model in which software solutions are operated in our own data center on our own servers and made available online on a license basis.
Launch of the Tradecore Brand
The first version of our e-procurement software is launched under the name TradeCore. The TradeCore e-procurement software offers opportunities for the digitalization of operational and strategic purchasing.
1st Onventis customer in the industrial Sector
With Schott AG, the leading international technology group in the fields of specialty glass and glass ceramics, Onventis wins its first industrial customer. With Onventis as its e-procurement platform, Schott launches the digitalization of global sourcing. Today, Onventis is in use at 26 Schott locations in 13 countries.
1. Onventis Customer in the trade sector
The purchasing and marketing association German Iron Trader GmbH (GIT) provides its members with the Onventis e-procurement solution “Trade Core Shop & Procure”. GIT is Europe's largest purchasing and marketing association in the production connection trade for around 1,200 medium-sized trading companies.
1. Onventis Customer in the services sector
With DEKRA SE, Onventis gains one of the world's leading expert organizations as its first service customer. The smart solutions from Onventis were initially used by DEKRA for digital orders and are now a globally integrated purchase-to-pay solution.
Onventis with new Brand Claim
The Onventis brand claim is being changed. From now on it reads: “Experts in Cloud Procurement”. The product portfolio includes solutions in the areas of Supplier Management, eSourcing, Spend Analysis and eOrdering.
1. Onventis Branch Solution
At the Steigenberger Hotel Group (later Deutsche Hospitality and today H World International), one of the leading hotel companies in Europe, incorporates Onventis products as a branch solution.
Onventis converts its Business Model to SaaS
Frank Schmidt becomes Managing Shareholder
Industrial customers, professional users, makers & educational institutions as well as technology enthusiasts all over Europe find us to be a reliable, omnichannel eCommerce partner for customer-oriented procurement through Conrad Electronic SE.
Onventis integrates Amazon Business into structured purchasing processes
Onventis became one of the first European e-procurement providers to integrate Amazon Business into structured purchasing processes. As one of the first full-service partners for Amazon Business in Europe, Onventis offers a suitable end-to-end integration for purchasing processes in Amazon Business to every demand side.
Launch of the Onventis Mobile App
Rebranding of the TradeCore Brand to Onventis Buyer
Launch of the Onventis Network and Supplier Portal
Consolidation of the Company Structure
Main Capital Partners acquires a majority stake in Onventis, allowing us to keep growing and keep up with growing demand.
Onventis receives ISO/IEC 27001 Certification
Akquisition WorkflowWise B.V.
Onventis and its majority shareholder Main Capital acquire the Dutch specialist for workflow automation and invoice and expense management.
Onventis certified as a climate-neutral company
We anchored the topic of climate protection in our corporate goals in 2018 and have been certified as a climate-neutral company since January 2020.
Akquisition Spendency AB
Onventis acquires the Swedish spend analytics specialist Spendency. The Spendency and Onventis leadership teams share a common vision of growth with the aim of becoming a leading European software group, while also transforming the field of purchasing and finance through a single digital spend management ecosystem.
Each year the 50 Providers to Watch list recognizes the fast-rising companies in the procurement and supply chain market. In the 2021 list, Onventis is listed among the “50 Providers to Watch” in the source-to-pay area.
Onventis and EcoVadis became Solution Partners in the field of the sustainable Procurement
Onventis supports sustainability monitoring through direct connection to the EcoVadis platform. Procurement teams are provided with detailed insights into potential environmental, social, and ethical risks within the supply chain via integrated sustainability scorecards.
Onventis among the Top 5 Software Companies in Germany
Onventis is ranked among the top 5 software companies in Germany in the Main Software 50 Ranking, which celebrates companies that contribute to the digitization of the German economy.
Keensight Capital acquires majority stake from Main Capital Partners
Keensight, who had been interested in the Spend Management software space for years had identified Onventis early on as leader, understanding that Onventis differentiates itself by a strong suite product offering, a clear strategic vision, and seamless execution.
Spend Matters includes Onventis in the list of “50 Providers to Know”
Onventis has been named one of the 50 Providers to Know in the procurement and supply chain market this year after previously being recognized as a “Provider to Watch” for two years. This acknowledgment highlights our steadfast dedication to revolutionizing purchasing and finance processes.
Onventis and IntegrityNext become Solutionpartners
Onventis supports supply chain monitoring by connecting its purchasing system directly to the IntegrityNext platform. Purchasing teams gain access to ESG data from tier suppliers via the interface, perform sustainability analyses based on this data, and monitor their supply chain in real-time.
Onventis founds national subsidiary in france
The Onventis Group is continuing its expansion course in Europe and is now represented by a French subsidiary in Paris. The 10th Onventis branch is now located in the Quartier de Bonne-Nouvelle in the heart of Paris.
25 years Onventis