Categories: FinTechProductProductivityServiceTools
Procurement processes often lack efficiency, transparency and access. The mismanagement of tail spend in companies constitutes a significant portion of their overall expenditures. Tail spends involves small, dispersed costs often overlooked, leading to financial losses and compliance risks. This issue underscores the necessity to streamline procurement, enhance productivity for Latin American firms.
WherEx offers an intuitive procurement portal connecting companies with qualified suppliers. WherEX's digital tool lets buyers request products and services and get competitive bids from global suppliers, promoting transparency and competition. By optimizing procurement, WherEx contributes to improved productivity and operations in Latin America.
Investors 2
Funding Rounds 1
| Date | Series | Amount | Investors |
| 23.08.2021 | Series A | $7M | - |
Mentions in press and media 3
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