Chicago, IL – According to filings with the U.S. Securities and Exchange Commission, Purchasing Platform is raising $4,250,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, David Bowen played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Purchasing Platform

Purchasing Platform is the only automated spend management & B2B marketplace solution dedicated to the Property Management sector. Every day, property managers from every asset class (multifamily, manufactured housing, student housing, senior living, and commercial) realize significant cost savings from the vendors they trust by placing orders for operational (Opex) and capital (Capex) products and services via our one-stop-shop solution. The items ordered are automatically coded to your portfolio’s P&L and supervisors are able to review, edit and approve/decline orders before any money is deployed. Portfolios of all sizes benefit from increased compliance, far greater transparency/control over purchasing, product standardization, insightful analytics, and integrations with their preferred property management software system. Our customer experience is further enriched by multiple levels of world-class support.

To learn more about Purchasing Platform, visit http://www.purchasingplatform.com/

Contact:
David Bowen, Chief Executive Officer
312-583-7500
dave@purchasingplatform.com
https://www.linkedin.com/in/dave-bowen-305b25/

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