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Wednesday, October 20, 2021

OPD Corp [NASDAQ: OPD] Announces The Acquisition Of BuyerQuest To Enhance Digital Transition

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The ODP Corporation [NASDAQ: ODP] revealed that the enterprise has purchased BuyerQuest Holdings, Inc., an innovator in cloud-based enterprise Procure-to-Pay (P2P) software. The transaction enhances ODP’s innovation development. It also empowers it to deliver a coordinated, eCommerce, P2P, and inventory network platform. Additionally, The platform is designed to transition the way organizations purchase and sell.

ODP revealed recently that a B2B technology expert Wilson become a part of the organization. Furthermore, He will help build up and scale a recently inaugurated business. Wilson has a solid record of effectively creating  B2B innovation organizations as he devoted nearly eight years at Amazon.com, Inc. He dispatched Amazon Business and developed it to more than $10 billion in yearly sales.

“Our Focus is on delivering on our vision to be a leading B2B organization. Moreover, With the expansion of BuyerQuest’s market-driving abilities, and our recent revelation of Prentis Wilson joining ODP, we are well en route to satisfying our vision,” said Gerry Smith, CEO of The ODP Corporation. “We gladly invite BuyerQuest into the ODP family as we enhance our digital transition.”

“Our success is an aftereffect of focusing on clients and conveying an instinctive platform that addresses the issues of enterprises of all sizes,” said Jack Mulloy, CEO, and Founder of BuyerQuest. “Gerry and Prentis share the same client obsession and vision as us around the future of B2B trade. We anticipate enhancing our capacity to convey extraordinary value to our clients.”

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