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Purchase aggregation

Purchase aggregation is a method used by organizations to combine multiple individual transactions into a single, consolidated purchase. Instead of processing each purchase separately, the organization groups them together, which simplifies management, improves efficiency, and often reduces costs. For example, a company buying office supplies for different departments might aggregate these purchases into one order to get better pricing and streamline payment processes. This approach helps organizations better track expenses, optimize procurement, and negotiate discounts with suppliers by viewing combined purchase activity as a single, larger order.