Visa, UKplc Partnership to Launch cloudBuy

Global payments technology company, Visa V and @UKplc, one of the United Kingdom's largest eCommerce marketplace solutions providers, today jointly announced a partnership that will position and deliver effective cost management for Governments and Enterprises in the region. The partnership will launch a cloud-based, advanced e-procurement system that extends the capabilities of existing procure-to-pay products, into business planning and improving interaction between buyers and their suppliers. cloudBuy is an integrated solution that takes a corporate buyer through a procurement process, from sourcing, order placement, payment, through to analyzing the purchase from a cost management standpoint, in a few mouse clicks. The solution then takes the See full press release