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PracBiz logo — PracBiz runs a digital platform that automates B2B transacti...

PracBiz

PracBiz runs a digital platform that automates B2B transactions for Greater Accuracy, Faster Processing and Lower Costs.

Founded 2002 Singapore Singapore 19 employees Finance, Banking

General Information

Company Name PracBiz
Founded Year 2002
Location Singapore Singapore +3
Employees 19
Industries Finance, Banking
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About PracBiz

PracBiz Pte Ltd is a Singapore-based startup that operates a digital platform aiming to revolutionize B2B transactions. Their slogan, "PracBiz runs a digital platform that automates B2B transactions for Greater Accuracy, Faster Processing and Lower Costs," succinctly encapsulates their mission. The company has been in operation since 2002 and has established itself in the Finance and Banking industries. The core offering of PracBiz is the PracBiz Exchange (PBX), a B2B Digital Supply Chain Platform that caters to major retail chains in Singapore & Malaysia. The platform efficiently manages over 40,000 invoices daily, 24/7, showcasing its scalability and robustness. PracBiz goes beyond transaction automation by also providing Supply Chain Finance and Wholesale B2B Digital Payments. These additional services aim to aid both buyers and sellers in reducing costs and improving productivity. Although specific details about the last investment round and investors are not available, the potential of PracBiz to streamline B2B transactions with a focus on accuracy, speed, and cost reduction makes it an intriguing prospect for venture capital firms looking to invest in innovative solutions within the finance and banking industries.

Taxonomy: B2B Digital Platform, Supply Chain Finance, Wholesale B2B Digital Payments, Electronic Data Interchange, E-Commerce, Retail Chain Management, Invoice Processing, Financial Document Management, Data Synchronization, ERP Integration, Supply Chain Automation, GS1 Localization, EAN.UCC ebXML, Business Process Automation

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PracBiz Alternatives & Competitors

PracBiz vs
Rupyz
Rupyz India

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57 employees
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PracBiz vs
Ryder Cloud Chain
Ryder Cloud Chain

Powering Innovation in B2B Supply Chain Services

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PracBiz vs
Enspan Innovations
Enspan Innovations United Kingdom

Use your supply chain data to automate processes and strengthen your financial performance.

Seed
3 employees

FAQ About PracBiz

PracBiz runs a digital platform that automates B2B transactions for Greater Accuracy, Faster Processing and Lower Costs.
PracBiz was founded in 2002.
PracBiz is headquartered in Singapore.
PracBiz operates in the following industries: Finance, Banking.
PracBiz has approximately 19 employees.
Top alternatives and competitors to PracBiz include Rupyz, Ryder Cloud Chain, Enspan Innovations, Grapevine Technologies Inc, Brexm. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
PracBiz and Rupyz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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