Oxygen Finance
Oxygen Finance Ltd. is a technology and professional services provider based in Birmingham, United Kingdom, with an additional location in Sarasota, Florida. Established in 2004, the company operates a business-to-business payment network focused on enhancing procurement activities for both large public sector enterprises and small to medium-sized enterprises (SMEs). Oxygen Finance facilitates early payment programs that streamline purchase-to-pay processes, allowing organizations to pay supplier invoices ahead of schedule and capitalize on payment efficiencies through early payment rebates. By integrating its technology with clients' ERP systems, the company improves procurement workflows and automates supply chain processes, ultimately helping businesses reduce processing costs and enhance compliance.
Bidstats
Acquisition in 2023
Bidstats is the largest provider of open-source procurement and tender data in the UK. The company operates an online platform that offers comprehensive access to public sector tender information, including historical procurement data from government contracts. By scanning official government sources for contract announcements, Bidstats helps businesses identify and secure UK government contracts. Its data is widely referenced by prominent media organizations such as the BBC, The Wall Street Journal, and Bloomberg, underscoring its significance in the realm of public procurement analysis. Through its range of analysis tools and search functions, Bidstats serves a diverse clientele, including government entities, educational institutions, and businesses around the globe.
Satago
Acquisition in 2017
Satago Ltd. is a London-based company that specializes in online software designed to manage accounts receivables for small businesses. Founded in 2012, the company provides a cash flow solution that helps businesses receive payments more quickly and identifies potential risks associated with customer credit. Satago's software integrates with cloud and desktop accounting systems, automating the process of pursuing overdue payments through reminders, demand letters, and phone calls. Additionally, it offers credit reporting features, allowing users to evaluate customer creditworthiness and make informed decisions about whom to extend credit. By facilitating invoice finance and providing insights into B2B payment behavior, Satago aims to enhance the financial stability of its clients. As of February 2017, Satago operates as a subsidiary of Oxygen Finance Limited.
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