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Description
The Mercanis Procurement Suite serves as an integrated, cloud-driven solution aimed at transforming procurement teams from a mere transactional focus to a more strategic approach by merging various functions such as sourcing, supplier management, contract oversight, and expenditure analysis into a single user-friendly interface. This platform automates RFx processes, provides instant insights into sourcing activities and pricing dynamics, and allows for the delegation of lower-priority tasks while ensuring adherence to company policies through a no-code rule and approval configuration. It facilitates comprehensive supplier lifecycle management, covering everything from onboarding and qualification to performance evaluation and eventual termination, utilizing customizable criteria and visual dashboards. Additionally, contract management is made more straightforward through a centralized database, AI-enhanced analytical tools, and efficient negotiation processes. Users can also delve into spending behaviors, refine budget distribution, and uncover potential savings with the help of user-friendly dashboards and reporting capabilities, ultimately empowering teams to make informed financial decisions and drive cost efficiency.
Description
Procure Ai is an AI-native operating system for enterprise procurement. Instead of bolting a single assistant onto an existing suite, it runs a workforce of 40+ specialised agents across the source-to-pay process, each scoped to a defined job and accountable for an outcome.
Coverage spans seven areas: Unified Spend Analytics, Generative Intake Management, Autonomous Sourcing & Negotiations, Augmented Strategic Sourcing, Intelligent Supplier Management, Seamless Purchasing Operations and Tail Spend Optimization. Agents work the routine volume end to end - classifying spend, routing intake, running RFQs, negotiating with suppliers, keeping supplier records current - and hand back the decisions that need a person, with the reasoning attached.
The design target is tail spend and long-tail requests: the categories most suites leave unmanaged because the manual cost to serve them outweighs the saving. Procure Ai connects to the ERP and P2P systems already in place rather than replacing them, so buying data from fragmented sources resolves into one model of spend.
Enterprise customers including Kärcher, DMG MORI, EnBW, Dr. Oetker and Diebold Nixdorf manage more than €50bn in combined annual spend on the platform. Typical users are procurement organisations in manufacturing, industrials and consumer goods with distributed category teams and high transaction volume.
Procure Ai was founded in 2020, is headquartered in London, and works with enterprise procurement organisations across Europe. The platform is web-based, with implementation support, live training and documentation.
API Access
Has API
No
API Access
Has API
Yes
Integrations
Coupa
No
Ivalua
No
SAP Ariba
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
Contact sales
Procure Ai is licensed as an enterprise software subscription. Pricing is scoped to the agents and capabilities deployed and the number of connected source systems. Contact sales for a quote.
Free Trial
No
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
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
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
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Mercanis
Founded
2020
Country
Germany
Website
www.mercanis.com/product-page-overview
Vendor Details
Company Name
Procure Ai
Founded
2020
Country
London, United Kingdom
Website
www.procure.ai/
Product Features
Contract Management
Buy Side (Suppliers)
No
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
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
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
Vendor Management
Audit Management
No
Contact Management
No
Customer Database
No
Self Service Portal
No
Supplier Master Data
No
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
No
Vendor Qualification Tracking
No
Product Features
Procurement
Asset Management
No
Auction Management
No
Bid Management
Yes
Budget Management
No
Catalog Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
No
Purchase Order Management
Yes
Receiving
No
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
Purchasing
Catalog Management
No
Compliance Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
No
Purchase Order Management
Yes
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
