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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Archlet is a Strategic Sourcing Platform that prioritizes analytics, equipping Procurement teams with user-friendly tools for RFx, bid analytics, and scenario optimization, enabling quicker and more informed decision-making. Transition your strategic sourcing processes from cumbersome methods such as E-mail and Excel into a streamlined, centralized platform. Tackle the intricacies of strategic sourcing with sophisticated analytics and scenario optimization, making it much more manageable. With our smart automation and sourcing optimization functionalities, you can significantly reduce project timelines, creating valuable space for more strategic initiatives. Delve into and model sourcing scenarios that take into account non-cost factors like sustainability, performance metrics, risk assessments, and supplier diversity to support informed, data-driven decisions. Utilize automatically identified negotiation prospects and comprehensive supplier feedback to conduct negotiations that are firmly rooted in data, unlocking new avenues for savings. Ultimately, Archlet not only enhances efficiency but also empowers teams to focus on long-term strategic goals and sustainable sourcing practices.

Description

ProcureKey is an AI-powered sourcing software that automates sourcing from PR to award. It offers a centralized workflow with purpose-built modules for PR, RFx, Supplier Management, Itemized Bidding, Reverse and Forward Auction. Built-in AI-assisted evaluation and supplier scoring gives teams full control and visibility through role-based access, audit trails, and is SOC 2 Type 2 and GDPR compliant, and built on SharePoint, so, all data stays within your Microsoft environment, secure, governed, and audit-ready. Best-Suited Industries for ProcureKey: EPC (Engineering, Procurement & Construction), Manufacturing & Industrial, Oil, Gas & Energy, Government & Education, Healthcare & Life Sciences, and Retail & Logistics. Ideal for organizations managing complex sourcing workflows, supplier collaboration, and regulated procurement processes. Key Features: - RFx Management - Multi-Envelope Bidding - Itemized Bidding - AI-Assisted Evaluation - Supplier Portal - Supplier Registration & Prequalification - Forward and Reverse Auctions - Purchase Requisition Management - Audit Trail and Compliance - Native Microsoft 365 Integration - Role-Based Access Control - Bid Comparison and Analytics - AI Smart Supplier Suggestions - Tender Management

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Microsoft 365 No 
SAP Store Yes 

Integrations

Microsoft 365 Yes 
SAP Store No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial Yes 
Free Version 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 

Deployment

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

Customer Support

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

Customer Support

Business Hours Yes 
Live Rep (24/7) Yes 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person Yes 

Vendor Details

Company Name

Archlet

Founded

2019

Country

Switzerland

Website

www.archlet.io

Vendor Details

Company Name

Beyond Key

Founded

2005

Country

United States

Website

www.procurekey.com

Product Features

Sourcing

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

Product Features

Procurement

Asset Management No 
Auction Management Yes 
Bid Management Yes 
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 Yes 
Spend Management Yes 
Supplier Management Yes 

Sourcing

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

Alternatives

Alternatives

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