- CEO
- David Elliott
- Full Time Employees
- 39
- Sector
- Technology
- Industry
- Software - Application
- Address
- 50 Braintree Hill Office Park Braintree MA United States of America 02184
- IPO Date
- Jul 19, 2012
- Business
- Elcom International Inc. (ELCO) provides cloud-based e-procurement solutions worldwide, covering the full source-to-pay cycle including procure-to-pay processes, supplier content management, and interactive electronic commerce. The company offers core products and services such as PECOS.net for automated procurement and personal computer product marketing; PECOS P2P; e-invoicing; catalogue management; inventory management; analytics; multiquote sourcing with real-time pricing marketplace; e-sourcing; purchase-to-pay solutions; digital purchasing; invoice handling and payments; cash management; and supplier financing. Founded in 1992 and headquartered in Braintree, Massachusetts, Elcom operates through subsidiaries and serves diverse clients including over 120,000 users globally across sectors like education, government, and supply chain management, with a focus on simplifying IT complexity via flexible, proprietary cloud technology.
In recent developments, Elcom announced a partnership with BMet to host their sourcing solution, leveraging MultiQuote, Contract & Tender features for compliant procurement and cost savings in education. The company continues to emphasize its pioneering role as the world's first cloud-based procurement technology provider, with decades of experience transacting over $10 billion since partnering with MIT. No major acquisitions, funding rounds, or reorganizations for Elcom International Inc. (ELCO) appear in the last 1-2 years, though it maintains operations from its London-registered entity and focuses on global expansion in e-procurement.