ANZ Links to corProcure

[Sydney, AUSTRALIA] ANZ will link its online procurement service
anzebiz with the newly formed
corProcure marketplace.

Under the agreement, ANZ and corProcure’s online procurement services
will be linked, enabling companies operating through anzebiz and corProcure
to interact, view catalogs and transact on either site. provides a supplier directory with an online catalog,
covering a range of indirect supplies including stationery, industrial
wares, services and IT equipment.

Integrated with these features will be ANZ’s secure online payments
system, online reporting and in the future, online auctioning, payment
acceleration and other services.

ANZ’s head of business e-commerce, Mike Irvine, said the interconnection
alliance strengthens ANZ’s strategy to become the leading bank for business

“Linking the sites enhances the position of the two marketplaces by
offering a broader e-procurement service that covers both the middle market
via, and the corporate market via corProcure,” he said.

“This alliance better enables both marketplaces to provide a broader and
deeper capability and to accelerate access by businesses to the latest
e-procurement technologies.”

Irvine added that the agreement would also provide companies with a value
added service that would “help drive gains in terms of cost savings,
reduced administration, increased flexibility and greater market reach,” he

corProcure views the alliance with ANZ as the first step towards leveraging
complementary initiatives across corProcure’s founding shareholders,
targeting small to middle markets.

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