Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Procurement faces a branding issue, as its significance is frequently overlooked by the wider organization. To tackle this, procurement specialists can leverage enhanced data and technological tools; however, the current solutions demand limited resources for effective implementation and often fail to provide additional insights and data. This presents a significant opportunity to uplift the procurement brand. Drawing from our extensive experience with numerous procurement engagements and managing thousands of sourcing events involving billions in expenditures, we have created a technology platform that facilitates the entire source-to-pay process, integrates our data, and is backed by our services. Our aim is to enhance the perception of procurement and integrate purchasing discussions into the boardroom. OneMarket was developed by our experts in response to market assessments that revealed shortcomings in existing solutions. Designed to empower our teams, it has become instrumental in executing thousands of sourcing initiatives across a wide array of procurement projects, ultimately transforming how procurement is perceived and valued within organizations.
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
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
LogicSource
Website
logicsource.com/onemarket/
Vendor Details
Company Name
Procure Ai
Founded
2020
Country
London, United Kingdom
Website
www.procure.ai/
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
Yes
Receiving
No
Requisitions & Approvals
No
Sourcing Management
Yes
Spend Management
No
Supplier Management
No
Purchasing
Catalog Management
No
Compliance Management
No
Contract Management
No
Inventory Management
No
Invoice Processing
No
PunchOut
No
Purchase Order Management
Yes
Requisitions & Approvals
No
Sourcing Management
Yes
Spend Management
No
Supplier Management
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