Focal Point Accelerates Growth as Enterprises Centralize and Automate Procurement Management

ATLANTA, GA, UNITED STATES, September 2, 2025 /EINPresswire.com/ -- Focal Point, provider of end-to-end enterprise procurement management solutions, today released an overview of its recent achievements. In 2024, the company saw significant growth as enterprises spanning multiple industries sought to centralize and automate procurement’s daily activities to gain full visibility of all data and activity. This trend is continuing as companies navigate procurement and sourcing challenges from ongoing geopolitical and supply chain issues.

The role that software and automation play in enterprise procurement is evolving rapidly from merely intake. Chief procurement officers at large companies with billions of dollars in annual procurement spend are adopting solutions that optimize the entire procurement process, enable strategic category management, provide full spend visibility, and work with their existing systems. Focal Point’s solution addresses this market need and is driving growth for the company.

Focal Point has experienced strong adoption from enterprises in financial services, pharmaceuticals, e-commerce, hospitality, technology and other sectors. Customer growth has enabled the company to expand into new markets and geographies, as well as invest in its platform to ensure maximum value for customers. The company’s momentum reinforces its competitive differentiation of full process management, open and flexible integrations, category management – all designed and backed by procurement practitioners.

“Procurement teams today face mounting complexity, from managing spend to navigating regulatory compliance and supplier risk,” said Anders Lillevik, founder and CEO of Focal Point. “Due to these challenges, we’ve seen a significant number of companies adopting digital solutions that simplify internal and external procurement processes, ultimately giving time back to CPOs and their teams. Our success depends on the success of our customers, and we remain focused on providing the industry’s most powerful and performant procurement solution.”

12-Month YOY Highlights Include:

Recent Customers Using Focal Point

- Tallgrass Energy (oil & gas)
- Messer (industrial gases & engineering)
- Hospitality sector expansion
- Candescent

New Product Enhancements and Integrations

- Contract Management: Launched an intuitive solution with built-in smart labels (metadata) to organize documents, streamline approvals, and enable - DocuSign integration, giving legal and procurement teams better control with less manual coordination.
- AI-Powered Supplier Management: Rolled out embedded AI features to automate supplier risk assessments, extract contract data, and support category strategy using familiar frameworks like Porter’s Five Forces, Kraljic Matrix, and PESTLE.
- Agentic AI Functionality: Introduced a new co-pilot mode that adapts to screen context and triggers intelligent actions, helping users make faster, more informed procurement decisions.

Focal Point Team

- Appointed Michael Manning as Director of Customer Delivery
- Appointed Matthew Buckingham as SVP Sales and Marketing
- Maintains U.S.-based team with an international development arm

For more information about Focal Point and its comprehensive procurement solutions, please visit Focal Point’s website at https://www.getfocalpoint.com/

About Focal Point

Focal Point empowers enterprise Chief Procurement Officers to fully modernize and optimize their operations. With Focal Point's end-to-end procurement management platform, procurement teams can maximize the value of every dollar spent, ensure the safety and security of all transactions, and ultimately enhance the customer experience. Focal Point's platform integrates seamlessly with legacy procurement infrastructure, ensuring maximum ROI on existing investments. Global brands manage their procurement with Focal Point. The company was founded in 2020 and is headquartered in Atlanta. For more information, please visit https://www.getfocalpoint.com/ or email info@getfocalpoint.com.

Peter Moran
Indicate Media
peter@indicatemedia.com

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