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Average Ratings 0 Ratings

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ease
features
design
support

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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.

Description

An innovative cloud-based procurement platform streamlines centralized sourcing, purchasing, and offers real-time insights. The entire procure-to-pay cycle can be managed digitally, from requisitioning to receiving and payment, all within a single interface. Users can send inquiries to suppliers with ease. Comparing and assessing different offers is simple, allowing for quick approval and issuance of purchase orders. The platform also facilitates the tracking and receiving of deliveries, ensuring bills are matched and payments are authorized efficiently. With our advanced procurement analytics, you can obtain actionable insights and in-depth reports that highlight spend effectiveness and procurement efficiency, empowering you to make informed, data-driven decisions to enhance savings. Gain comprehensive visibility into all expenditures, from regularly purchased items to significant expense categories, ensuring you minimize costs while maximizing value. It also helps in pinpointing process bottlenecks and delays, which is crucial for reducing procurement lead times. By monitoring efficiency and timing at every stage of the procurement process, organizations can significantly improve their operational performance.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Coupa Yes 
Ivalua Yes 
SAP Ariba Yes 

Integrations

Coupa No 
Ivalua No 
SAP Ariba 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 

Pricing Details

$21 per month
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 No 
Mac No 
Linux No 
Chromebook No 

Customer Support

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

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Procure Ai

Founded

2020

Country

London, United Kingdom

Website

www.procure.ai/

Vendor Details

Company Name

Proqura

Founded

2015

Country

United States

Website

proqura.com

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 

Product Features

Procure to Pay

Billing & Invoicing Yes 
Budgeting / Forecasting No 
Compliance Management Yes 
Contract Lifecycle Management Yes 
Financial Reporting No 
Integration Management No 
Inventory Management No 
Order Management Yes 
Vendor Management Yes 

Procurement

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

Alternatives

Alternatives

Coupa Reviews

Coupa

Coupa Software