Onventis is a source-to-pay platform for mid-sized companies, founded in Stuttgart in 2000. Its modular software-as-a-service portfolio covers supplier management, sourcing, contract management, procure-to-pay, AP automation and spend analytics, complemented by a supplier portal and the Onventis Network. The vendor has also introduced AI agents for tasks such as invoice coding, spend categorisation and the intake of purchase requests.
Onventis GmbH is a German company. According to its company history, the financial investor Keensight Capital acquired it from Main Capital Partners. The vendor says its software runs in a protected data environment with a European operating model, and it advertises an EU data boundary, customer-managed keys and an off-cloud backup. Datagroup, a German IT services provider, has operated the Onventis data centre since 2021. The sources do not name the exact site, so a European organisation should confirm location and sub-processors in the contract. The software is proprietary and not open source.