Suplos achieves USD 20,000 million in accumulated transactions

Suplos achieves USD 20,000 million in accumulated transactions

We are very proud to share that as of the first quarter of 2022 we reached more than USD$20,000 Million in Accumulated Spending Under Administration, with more than 17,000 validated suppliers . This represents a vote of confidence from our clients and their suppliers in the enormous responsibility of helping them improve their Supply processes, through the use of technology.

How did we do it?

Cumulative Spent Under Management ( CSUM ) represents the value per added dollar managed in the core of our platform for all of our clients collectively since we launched our solution.

We calculate this metric using as a basis the value of the tenders awarded within our Online Auctions and Offers module.

Relevant milestones of our growth

  • More and more clients trust our platform to carry out their Supply processes, observing tenders for large amounts that directly impact the development of the infrastructure of their economic sector.
  • To date we have managed more than 32,000 trading events.
  • Around 85,000 offers were submitted by suppliers.
  • In 2021, Suplos managed close to the equivalent of 3% of the GDP in Colombia or 4% of the GDP in Peru for that same year.

The year 2021 was a historic year for our company, achieving more than $USD 10,000 Million , in nearly 11,000 listing events . This represented a growth of more than 400% compared to the immediately previous year.

Anibal Obregón

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