Belminâs eProcurement software will enhance COA Solutionsâ Smart Business Suite, which comprises a portfolio of finance, human resource, payroll, procurement, business intelligence and document management solutions. Belminâs software is used by 100,000 users across a range of public sector organisations. This includes over seventy-five NHS hospitals, enabling COA Solutions to develop an even closer relationship with the UK health sector.
Mark Thompson, COA Solutionsâ managing director says, âWeâre very pleased about this acquisition. Weâre always looking to add value to our sector-focused software and services and with Belminâs best of breed procurement solutions together with its extensive knowledge and experience of the healthcare sector, the company is a perfect fit.â
The acquisition, COA Solutionsâ eighth in five years, will provide the companyâs customers and prospects with market-leading eProcurement products that deliver efficiency savings across the entire procurement cycle. As a result of more efficient paperless procurement and price reductions through improved contracting, users of Belminâs products can benefit from millions of pounds of cost savings.
Richard Price, Belminâs managing director comments, âBelmin will gain from being part of the financially strong COA Solutions group. Existing and prospective Belmin customers will also benefit from COA Solutionsâ in-depth knowledge and understanding of the UK business software market and UK services sector.â
Belmin will continue to operate from its Bridgwater offices and will continue to support existing customers. The terms of the deal have not been disclosed.