Lapasar E-Procurement Platform and B2B Marketplace

Lapasar Sdn Bhd is a Malaysian company based in Klang, Selangor, that calls itself Malaysia's largest B2B procurement platform and marketplace. It serves more than 100 corporate clients, from SMEs to government-linked companies, and has processed over RM3 billion in transactions with 10,000+ verified suppliers and 2 million+ SKUs.

The platform combines e-procurement software with an operating marketplace and its own fulfilment. Buyers get a managed catalogue, approval workflows, spend analytics and ERP punchout to SAP, Oracle, Coupa, SAP Ariba and NetSuite, with AI-assisted cataloguing. Orders are delivered from 250,000 sq ft of warehousing, three distribution centres and 100+ owned trucks in Peninsular Malaysia, and Lapasar extends credit lines to buyers and early payment to suppliers.

• Managed catalogue: verified suppliers and contracted pricing across more than 2 million SKUs.
• Approval workflows: configurable approvals and audit-ready trails for corporate purchasing.
• Spend analytics: reporting on spend, including Bumiputera vendor participation.
• ERP punchout: integration with SAP, SAP Ariba, Oracle, Coupa and NetSuite.
• Fulfilment network: warehouses, distribution centres and an owned truck fleet in Peninsular Malaysia.
• Trade financing: credit lines for buyers and early payment for suppliers as soon as 2 days after delivery.

• A Vietnamese utility or telecom operator could digitise long-tail purchasing for hundreds of branches with one catalogue and approvals.
• A hospital chain could centralise consumables and facility supplies across sites.
• A conglomerate could connect its SAP system to a supplier marketplace through punchout and track spend by subsidiary.

• Consolidates thousands of low-value, high-frequency purchases into one catalogue with approvals and spend visibility.
• AI cataloguing cuts manual effort by 40-60%, according to Lapasar.
• Over RM300 million of credit lines to buyers and RM100 million of early payments to suppliers each year ease working capital.
• Own warehouses and fleet give buyers end-to-end fulfilment instead of managing many vendor deliveries.

Long-tail purchasing of office, MRO and facility supplies is still fragmented across many small vendors in Southeast Asia. Lapasar cites an 18% projected annual growth rate for Malaysian e-procurement to 2029, and large utilities, telecom operators and hospital groups are moving these purchases onto digital marketplaces with built-in financing.

Lapasar Sdn Bhd (1198228-D) lists its address in Bandar Bukit Raja, Klang, Selangor. Its newsroom reports funding of RM31 million and a RM100 million facility from KWAP in 2024 and a Forbes Asia 100 to Watch listing in 2023. Clients shown include Tenaga Nasional, AirAsia, Telekom Malaysia, Maxis, 7-Eleven, Bank Rakyat, Honda and KPJ Group.