Our Story
Almost 30 years ago, we partnered with the Massachusetts Institute of Technology (MIT) to create our best-in-class PECOS technology – a unique cloud-based data-driven eProcurement solution. Since then, we have taken a series of determined steps to grow our offering and we are continuously innovating to meet our clients’ challenges and to make sure we are always one step ahead.
ELCOM TIMELINE
Elcom established as a pioneer in electronic catalogue technology and starts developing PECOS to prove the concept of electronic commerce in its own IT reseller business.
Commercial release of worlds’ first cloud-based Purchase to Pay solution (PECOS) to enable organisations to fully automate the buying process and management of supplier relationships.
Completes transformation from IT reseller to B2B procurement software provider.
Scottish Government selects Elcom to deliver PECOS Purchase to Pay for world’s first national eProcurement Program.
New, equity investment, facilitated via Smith & Williamson Investment Management of $7M.
Achieves 50,000 buyer and supplier connections and processes over 2 million purchase orders which are annually worth more than £5 billion.
Winner of best OEM Implementation of Actuate Data Analytics & Insights, Big Data Category processing over 1 terabyte of data.
Launch of Elcom eInvoicing solution and achieved Peppol Access Point certification for full Accounts Payable automation.
Exceeds £10 billion per annum in spend throughput and over a 100,000 buyer and supplier connections.
Launch of eFunding: A sophisticated financing solution that advances funding at PO stage.
Elcom acquires Assistive Partner Limited, to add Stock, Logistics, Scan4Safety and Supply Chain modules to existing spend management solutions.
Elcom acquires ADB (UK) Limited to add Sourcing, Contract and Catalogue capability to existing spend management solutions.
New office established in Glasgow with support from Scottish Enterprise to scale up R&D capacity and deliver new digital services.
Elcom unifies its branding and go to market position, to deliver continued growth.
Our Facts
0
Suppliers
0
Buyers
0
Purchase Orders
Check out our job openings:
We have offices around the world and currently, multiple vacancies open for a wide range of positions. We operate from 5 offices in the UK, USA, Serbia, South Africa and Australia. We’re always looking for people with the drive and talent to fulfil a broad range of roles across all our functions, and who can also demonstrate our core values.