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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Strategic procurement processes engage various stakeholders and can pose significant risks and costs, often consuming over half of the yearly budget and representing 90% of potential risks. These procurements inherently influence business performance in substantial ways. Successfully navigating the associated challenges and complexities is no simple task, but making informed choices is vital for success. This is precisely where our AWARD® Solution becomes invaluable. Since its inception in 2001, AWARD® has empowered buyers to efficiently and confidently identify the best suppliers while ensuring a transparent audit trail and effective management of diverse team members. With options ranging from Pro to Plus and Premium packages, AWARD® offers flexibility and scalability, providing advantages to projects, programs, and organizations of all types and sizes. Together, we offer the most extensive strategic evaluation capabilities available in the market, ensuring that every procurement decision is well-informed and strategic. This commitment to excellence enhances overall organizational performance and mitigates risks in procurement activities.

Description

Experience effortless sourcing with no need for logins or apps, as our one-click events seamlessly land in your suppliers' inboxes, enriched with real-time predictive insights. Our adaptable data framework caters to all categories of expenditure, allowing you to source anything you could manage in Excel with ease using Arkestro. With predictive anomaly detection, potential mistakes are identified and corrected before they impact procurement processes. The role-based access feature streamlines project management for sourcing events, ensuring all stakeholders receive timely updates. Arkestro enhances sourcing cycles by learning from supplier behavior, which helps to reduce the time required for these processes. A straightforward email-based workflow offers a range of award scenarios tailored to your sourcing events, regardless of their size or complexity. Supplier quotes often contain errors stemming from manual data entry and copy-pasting, which can complicate the sourcing process. Monitoring the progress of sourcing activities typically involves numerous pivot tables, making the task cumbersome. Additionally, new sourcing cycles often fail to incorporate insights from supplier quotes submitted in prior cycles. To aid in this, our pricing simulator provides immediate recommendations for suppliers to adjust and resubmit their proposals, making the process even more efficient. Ultimately, Arkestro transforms the sourcing landscape by minimizing errors and maximizing efficiency through intelligent data utilization.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Ariba Network No 
Coupa No 
GEP Quantum Intelligence No 
JAGGAER One No 
Jama Connect Yes 
Microsoft Excel No 
Zycus Procure-to-Pay No 

Integrations

Ariba Network Yes 
Coupa Yes 
GEP Quantum Intelligence Yes 
JAGGAER One Yes 
Jama Connect No 
Microsoft Excel Yes 
Zycus Procure-to-Pay Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac Yes 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

Commerce Decisions

Founded

2001

Country

United Kingdom

Website

commercedecisions.com/award/

Vendor Details

Company Name

Arkestro

Founded

2016

Country

United States

Website

arkestro.com

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management No 
Budget Management No 
Catalog Management No 
Contract Management No 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management No 
Supplier Management No 

Product Features

Procurement

Asset Management No 
Auction Management No 
Bid Management No 
Budget Management Yes 
Catalog Management No 
Contract Management Yes 
Inventory Management No 
Invoice Processing No 
PunchOut No 
Purchase Order Management No 
Receiving No 
Requisitions & Approvals No 
Sourcing Management No 
Spend Management Yes 
Supplier Management Yes 

Sourcing

Auction Management No 
Budget Management Yes 
Collaboration No 
Global Sourcing Management No 
Rfx Management Yes 
Spend Management Yes 
Supplier Management Yes 
Supplier Qualification Yes 
Supplier Risk Management No 
Supplier Web Portal Yes 
Template Management Yes 

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