think

Think was as Australian cloud-based e-procurement solutions provider founded in 2004 by Adam Ryan, a founding executive of SEEK. The platform offers scalable procure-to-pay (P2P) automation, enabling organizations to streamline procurement processes and gain real-time spend insights. Key features include supplier information management, transaction categorization using UNSPSC standards, asset purchase management, general ledger code matching, supplier evaluation, performance tracking, and business intelligence tools .  

Designed to be user-friendly and cost-effective, Think Procurement allows suppliers to use the platform at no charge, while buyers incur minimal fees per order. This approach aims to level the playing field for smaller suppliers and reduce integration costs associated with traditional procurement systems . The platform is PCI-DSS compliant and integrates with cloud accounting systems like Xero and MYOB, facilitating streamlined payments and reducing cash flow issues for suppliers. 

think was acquired in 2019