Simplify, Optimise, And Energise
Your Organisation With Our
Best-In-Class End-To-End Solutions

A Pioneer In Procurement Technology

As the world’s first cloud-based procurement technology company, we at ELCOM have focused decades of know-how on pioneering flexible proprietary technology with one aim: to help our clients simplify, optimise and energise their Supply Chain.

Our teams – made up of world-class experts in e-Invoicing, e-Procurement, and e-Funding – are dedicated to meeting our customers’ demands at both a global and local level. And unlike most other procurement software, which forces users to adapt to it, we at ELCOM adapt our technology to you.

Some Key Figures

  • 1998 ELCOM pioneers the first cloud-based procurement technology
  • + 50m Purchase orders to date
  • 238,606 Current suppliers
  • + 5.7m Invoices through the e-invoice product
  • 156,217 Current users
  • + 4.4m Catalogue items
  • + 100bn Transacted

Our Offering

From e-Invoicing, to e-Procurement, to e-Funding, our expertise is rooted in decades of experience in simplifying and tailoring IT complexity to meet customer needs. Our clients enjoy :

of Spend

Our Technology

Think of our technology as “PLUG IN”. Simple to use, easy to implement: no hassles, no worries. Pioneered with the Massachusetts Institute of Technology in 1998 (ELCOM’s Best-in-Class PECOS solution) our cloud-based delivery technologies allow for rapid deployment, and access from any connected device, such as smart phones. We provide the flexibility to increase users or capacity, as business needs change.

We go beyond tech

Our Executive Management

At ELCOM, we understand the importance of long-term commitment. Our world-class experts are dedicated to working with you on a “one-to-one” relationship in order to ensure the solution you get is as simple and adaptable as possible.

William Lock

William Lock


Bill has over 25 years experience in helping businesses determine and execute strategic initiatives in a variety of organisations across the Technology, Financial and Consulting sectors, in the UK and US. Bill was named Chairman in 2007, and has served as a director since 2006.

Justin Abbot Chalew

Justin Abbot Chalew


Justin has a background in technology management and execution at both start-ups and larger, traditional businesses in the UK and USA.

He is focused on innovative new solutions such as e-Funding, as well as existing product growth and implementation across the UK, USA, Australia, South Africa, Serbia, and the rest of Europe.

Nick Stainthorpe

Nick Stainthorpe

Non-Executive Director

Nick joined the business as a Non-Executive. He is currently a Partner in the law firm Reed Smith, with a particular specialism in Receivables Finance, and participates in Receivable/ Alternative Finance Industry events. He brings with him a wealth of experience and industry contacts.

David Elliott

David Elliott

Executive VP Finance

David has been with Elcom since late 2006 and overseen a number of growth and transformation “Fin-tech” programmes. He previously ran an Investment Fund for VW Group, specialising in direct investments and lending to automotive businesses, and also held a variety of Trade Credit and Finance roles within the Financial Services Sector in the UK.

Tony Pinn

Tony Pinn

Director e-Funding

Before joining ELCOM, Tony spent 20 years working primarily in business development for a number of UK and US banking groups. He formerly headed Barclays’ Supply Chain Finance product group before leaving in 2008 to undertake short-term assignments advising commercial finance businesses on product development and go-to-market strategies. Most recently, he was Group Managing Director for a privately owned investment group, where he focused on Risk, Finance and core Operations.

Carol Martin

Carol Martin

Independent Non-Executive Director

Carol is a corporate and commercial English solicitor, with 27 years’ experience in private practice in London City-based and US firms. She also chairs ELCOM’s Audit and Compensation Committees.

Our Clients

Working in both the public and private sectors, making organisations of any size more profitable and efficient, we are currently present across the UK, Europe, Serbia, APAC and the USA. Our ELCOM solutions are used in organisations as diverse as:

Hospitals &
& Local Government
and Utilities

We Understand The Importance Of Working Together

Our Clients Include:
The scottish government
NHS Collaborative Procurement Partnership
Chamber of commerce and industry of Serbia
Health purchasing Victoria
Northern Ireland Assembly
Some Of Our Partners:

Discover Some Interesting Case Studies


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