Purchasing Platform operates a B2B online marketplace and automated spend-management system designed specifically for property management companies. Founded in 2012, the company connects portfolio operators with over 150 pre-vetted vendors across categories ranging from appliances to HVAC systems, offering pre-negotiated pricing and streamlined procurement workflows.
The platform addresses operational friction points common in real estate management: fragmented purchasing systems, retail pricing, manual invoice reconciliation, and time-consuming vendor sourcing. It does so through a combination of vendor curation, spend analytics, vendor management tools, and invoice automation. Customers - over 3,000 communities nationwide - achieve an average of 14% cost savings annually across all procurement categories.
Purchasing Platform claims to be the only automated spend-management platform dedicated entirely to the real estate sector. The company operates profitably and continues to expand its marketplace of vetted suppliers and platform capabilities.