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features
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support

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Description

NovaFori We are a cutting-edge technology firm based in London, Malaga. With a decade of experience in business analysis, market design, development, and data science, we can offer you the best. Our technology supports B2B clients in Europe, North America, and Asia. We have processed more than $11 billion in GMV through our platforms since our inception. The Platform Our data science-powered auction and trading platform is used in multiple industries including procurement, financial services, and logistics. The technology platform is modular, flexible, scalable, and modular. It was designed with the B2C user in mind and complex product attributes for the B2B market. Data Science Machine learning algorithms are used to analyse data and predict future trends, optimise market performance, and leverage data.

Description

Team Procure is a cloud-based procurement platform that simplifies the management of all your purchasing processes, e-sourcing, and inventory through a unified application. Manage purchase requests, purchase orders, suppliers, and inventory across multiple warehouses – all in a single platform. We cater to SMB customers across various industries, from manufacturing and construction to healthcare and more. We offer solutions for: • Purchase Request Making • Supplier Onboarding • Custom Approval Processes • RFQs & E-Auctions • Warehouse & Inventory Management • Advanced Reporting Team Procure also offers an enterprise-grade solution for large procurement operations, providing dedicated servers, advanced sourcing features, ERP integrations, and premium support.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

HubSpot CRM No 
HubSpot Customer Platform No 
QuickBooks Online No 
Sage Accounting No 

Integrations

HubSpot CRM Yes 
HubSpot Customer Platform Yes 
QuickBooks Online Yes 
Sage Accounting Yes 

Pricing Details

Our pricing model consists of a one-time diagnostic engagement to understand your requirements and design your marketplace, and a marketplace configuration fee for the construction and deployment.

Once we’ve delivered your marketplace, you will pay an annual license fee (that includes maintenance, hosting and support) that scales with your market. During our first engagement, we will work with you to understand your business goals and how your new marketplace delivers value against these.

You will then receive a high-level proposal indicating an accurate price range you can expect for the build. However, only after our diagnostic workshop, can we provide precise estimates and delivery times.
Free Trial No 
Free Version No 

Pricing Details

$250/month (3 users)
Enterprise (call for pricing)
Free Trial Yes 
Free Version No 

Deployment

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

Deployment

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

Customer Support

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

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 Yes 

Vendor Details

Company Name

NovaFori

Founded

2011

Country

United Kingdom

Website

www.novafori.com

Vendor Details

Company Name

Team Procure

Founded

2016

Country

United States

Website

www.teamprocure.com

Product Features

Auction

Absentee Bidding Yes 
Alerts/Notifications Yes 
Bid Management Yes 
Billing & Invoicing Yes 
Buy Now Option Yes 
Dutch Auction No 
Inventory Management No 
Live Auction No 
Membership Management No 
Nonprofit / Fundraising No 
Online Auction Yes 
Online Bidding Yes 
Online Ticket Sales No 
Proxy Bidding No 
Reverse Bidding No 
Silent Auction Yes 
Watch List Yes 
Website Management No 
White Label No 

Machine Learning

Deep Learning Yes 
ML Algorithm Library Yes 
Model Training Yes 
Natural Language Processing (NLP) No 
Predictive Modeling Yes 
Statistical / Mathematical Tools Yes 
Templates No 
Visualization Yes 

Product Features

Auction

Absentee Bidding No 
Alerts/Notifications Yes 
Bid Management Yes 
Billing & Invoicing Yes 
Buy Now Option No 
Dutch Auction Yes 
Inventory Management Yes 
Live Auction Yes 
Membership Management No 
Nonprofit / Fundraising No 
Online Auction Yes 
Online Bidding Yes 
Online Ticket Sales No 
Proxy Bidding No 
Reverse Bidding Yes 
Silent Auction Yes 
Watch List No 
Website Management No 
White Label No 

Compliance

Archiving & Retention No 
Artificial Intelligence (AI) No 
Audit Management No 
Compliance Tracking Yes 
Controls Testing No 
Environmental Compliance No 
FDA Compliance No 
HIPAA Compliance No 
ISO Compliance Yes 
Incident Management No 
OSHA Compliance No 
Risk Management No 
Sarbanes-Oxley Compliance No 
Surveys & Feedback No 
Version Control No 
Workflow / Process Automation Yes 

Inventory Management

Alerts/Notifications Yes 
Barcoding / RFID Yes 
Forecasting No 
Inventory Optimization Yes 
Kitting No 
Manufacturing Inventory Management Yes 
Mobile Access Yes 
Multi-Channel Management No 
Product Identification Yes 
Reorder Management Yes 
Reporting/Analytics Yes 
Retail Inventory Management Yes 
Supplier Management Yes 
Warehouse Management Yes 

Procurement

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

Purchasing

Catalog Management Yes 
Compliance Management Yes 
Contract Management Yes 
Inventory Management Yes 
Invoice Processing No 
PunchOut No 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

RFP

Bid Management Yes 
Collaboration Yes 
Content Management No 
Data Import / Export Yes 
Due Date Tracking Yes 
Knowledge Library No 
Progress Tracking No 
RFP Creation No 
RFP Responding No 
Requirements Management Yes 
Task Management No 
Templates No 
Vendor Management Yes 

RFQ

Sourcing

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

Supply Chain Management

Demand Planning No 
Electronic Data Interchange No 
Import / Export Management Yes 
Inventory Management Yes 
Order Fulfillment Yes 
Order Management Yes 
Sales & Operations Planning No 
Shipping Management Yes 
Supplier Management Yes 
Transportation Management No 
Warehouse Management Yes 

Vendor Management

Audit Management No 
Contact Management Yes 
Customer Database Yes 
Self Service Portal Yes 
Supplier Master Data Yes 
Transaction History Yes 
Vendor Maintained Profiles Yes 
Vendor Managed Inventory No 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

Warehouse Management

3PL Management No 
Barcoding / RFID Yes 
Category Customization Yes 
Channel Management No 
Demand Planning No 
Inventory Management Yes 
Location Control Yes 
Order Management Yes 
Purchasing Yes 
Quality Control No 
Receiving / Putaway Management Yes 
Returns Management No 
Shipping Management Yes 

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