Insights

Procurement Automation Velocity Procurement has a track record of helping clients adopt automation and connect technology with procurement processes, highlighted by a partnership with Basware. This suggests strong opportunity to upsell or expand Basware-enabled automation and AP/Procure-to-Pay enhancements for mid-market companies seeking measurable efficiency gains.

SMB to Midsize Focus With 11-50 employees and revenue in the 25 to 50 million range, Velocity Procurement operates in a segment that often seeks scalable procurement transformations and faster time-to-value. Target similar sized organizations that want quick wins from smarter systems and improved execution.

Tech Stack Fit The use of cloud and collaboration platforms (AWS, Google Cloud, Microsoft 365, ZoomInfo) and CRM/engagement tools (Freshworks Freshdesk, Pardot) indicates a modern tech-enabled approach. This creates cross-sell opportunities for additional procurement tech integrations, analytics, and customer experience improvements using their existing stack.

Growth Signals Revenue visibility and recent partnerships point to a scalable consulting model with repeatable value. Sales opportunities exist in offering broader procurement optimization services, implementation support, and ongoing managed services to extend Basware and automation initiatives.

Competitive Niche In a market with large players and specialized providers, Velocity Procurement can position as a focused partner for rapid impact in procurement function design, system alignment, and execution excellence, appealing to organizations prioritizing speed, clarity, and measurable results.

Similar companies to Velocity Procurement

Velocity Procurement Tech Stack

Velocity Procurement uses 8 technology products and services including Linkedin Insight Tag, Amazon Web Services, WordPress, and more. Explore Velocity Procurement's tech stack below.

Velocity Procurement's Email Address Formats

Velocity Procurement uses at least 2 email formats:
Velocity Procurement Email FormatsExamplePercentage
First.Last@velocityprocurement.comJohn.Doe@velocityprocurement.com
69%
First@velocityprocurement.comJohn@velocityprocurement.com
31%

Frequently Asked Questions

What is Velocity Procurement's official website and social media links?

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Velocity Procurement's official website is velocityprocurement.com and has social profiles on LinkedIn.

How much revenue does Velocity Procurement generate?

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As of September 2026, Velocity Procurement's annual revenue is estimated to be $25M - $50M.

What is Velocity Procurement's NAICS code?

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Velocity Procurement's NAICS code is 5416 - Management, Scientific, and Technical Consulting Services.

How many employees does Velocity Procurement have currently?

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As of September 2026, Velocity Procurement has approximately 27 employees across 3 continents, including North America, Europe and Asia. Key team members include Managing Partner: M. S., Executive Vice President: M. J. and Director: M. H. Explore Velocity Procurement's employee directory with LeadIQ.

What industry does Velocity Procurement belong to?

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Velocity Procurement operates in the Business Consulting and Services industry.

What technology does Velocity Procurement use?

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Velocity Procurement's tech stack includes Linkedin Insight Tag, Amazon Web Services, WordPress, Microsoft 365, Freshworks Freshdesk, Google Cloud, ZoomInfo and Pardot.

What is Velocity Procurement's email format?

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Velocity Procurement's email format typically follows the pattern of First.Last@velocityprocurement.com. Find more Velocity Procurement email formats with LeadIQ.

When was Velocity Procurement founded?

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Velocity Procurement was founded in 2007.
Velocity Procurement logo

Velocity Procurement

Business Consulting and ServicesPennsylvania, United States11-50 Employees

Velocity Procurement helps organizations transform procurement from a routine function into a strategic asset by combining smarter processes with disciplined execution. The company aims to align strategy, technology, and people to produce lasting improvements in procurement performance. Whether starting anew or refining existing workflows, it provides guidance designed to create clarity and momentum for change. Headquartered in Conshohocken, Pennsylvania, the firm operates as a small- to mid-sized professional services practice within the business consulting sphere. In May 2021, Velocity Procurement announced a partnership with Basware Corporation to help customers adopt automation and extend the reach of Basware solutions.

Section iconCompany Overview

NAICS Code
5416 - Management, Scientific, and Technical Consulting Services
Founded
2007
Employees
11-50

Section iconFunding & Financials

  • $25M - $50M

    Velocity Procurement's revenue is estimated to be in the range of $25M - $50M

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