Cloudia is a leading global provider of digital procurement performance solutions. Our comprehensive product portfolio includes solutions for both the strategic and the operational aspects of procurement – eSourcing, Contract Management, Supplier Management and networking with suppliers at Marketplace. Our passion to help procurement create greater business impact is reflected among the hundreds of procurement solution deployments that we have undertaken over the last ten years.
Founded in 2008, Cloudia enjoys the unique business ecosystem of Finland. We have the strongest digital knowledge capital in Europe and the workforce that has the highest proportion of ICT specialists in the world. On top of that, Finnish companies are number one in the use of cloud services*.
Agility and deep partnership
In order to keep a competitive edge in this type of a challenging environment, we need to be agile and develop our solutions constantly to meet our customers’ advanced technical solution needs. Procurement leaders are already looking into solutions that utilize AI to leverage big data for streamlining processes and improving decision-making. This is shaping our priorities and for the following few years ahead they are quite clear: How these emerging technologies can make procurement more intelligent.
We think that the best solutions in e-procurement and contract management can only be built on a deep understanding of the procurement professionals daily life and through dedication on helping them create greater business impact. By working closely with our clients and sharing their realities, we ensure solutions that have the potential to change the way procurement teams drive new revenue, identify savings, improve compliance and mitigate risk.
Cloudia is a privately held Finnish company. Our extensive and long-term customer base in Finland provides a strong foundation for international expansion and we are actively pursuing growth in other Nordic countries and Central Europe as well.
Contact person for media:
Are Saarinen, CEO, firstname.lastname@example.org, +358 50 042 4268
Cloudia Key figures 1.5.2019
The value of our network annually 28 billion €
Purchase projects (tenderings) + 60 000
Visits in Cloudia Supplier portal/month + 180 000
Registered suppliers + 80 000
Customers’ contracts in the system + 1 100 000
Amount of data centers globally + 200
Users worldwide + 230 000
Certified quality and security
Cloudia operates to some of the highest information security and data protection standards there are. We know our clients’ quality requirements in and out, and we take quality assurance seriously also in our own operations and services.
We have certified our information security management (ISO 27001), quality management (ISO 9001), and environmental management systems (ISO 14001). Our services have also VAHTI2-level information security, as per the Finnish government’s Information Security Management Board guidelines. We are security audited by KPMG and our data centers and our servers are located within the EU and always comply with the law of the country of operation. All our vendor agreements with clients, vendors and partners comply with the EU Data Protection Directive.
Reliable Partner (Luotettava kumppani) service is provided by Suomen Tilaajavastuu Ltd (STV) . The logo may be used by affiliated companies. Reliable Partner logo provides a reliable and honest picture of the company’s business. It means that the company has properly taken care of all the statutory fees and tax obligations. Business partners can get the company report on Tilaajavastuu web sites. Cloudia has been involved in the Reliable Partner Program for several years.
Growth Certificate (Kasvaja sertifikaatti). Strong growth is an indicator of an increase in the company’s valuation level, and it also distinguishes the company positively from other businesses. Growth Certificate can be awarded to a company that has been doing business for at least four years, has increased its net sales significantly over the last three years and made a turnover of at least EUR 500,000 in the last year.
Significant growth in net sales suggests that the annual growth rate of the company’s turnover has exceeded the industry average growth rate by at least 10 percent. Growth Certificate is awarded by Kauppalehti. Cloudia got a certificate again in 2018.
Strongest in Finland Certificate. The Strongest in Finland Certificate is a sign of the company’s positive financial indicators, creditworthiness and good payment behavior. The Certificate tells customers, partners, creditors and other stakeholders that cooperation with the company is on a sustainable footing. The certificate is based on Suomen Asiakastieto’s Alfa credit rating. Cloudia was honored to use this certificate in 2018.
Achiever Certificate (Menestyjät). Obtaining the Achiever certificate requires that the company’s financial performance is among the best in its industry and in Finland. Some 1.9 per cent of Finnish companies are eligible for the Achiever certification. The Achievers are classified by Balance Consulting, the analysis unit of Kauppalehti, which is part of the Alma Media Group. The analysis looks at six aspects of the candidate companies’ financial performance: growth, profitability, financial result, liquidity, solidity and debt serviceability. The comparison includes all Finnish companies with an annual turnover of more than Eur 1.7 million. In 2018, we received again this acknowledgment.
27.8.2018: Cooperation with Sievo Oy
Recent mentions in media
Network Middle East 14th June 2019: Al Bayader International taps Cloudia to digitise procurement
Spend Matters 24th April 2019: 3 Reasons Why Public Sector Tenders Should Use Dynamic Purchasing Systems
AiThority 17th April 2019: Procurement Technology Innovator Cloudia Nominated in World Procurement Awards