Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
Oversee all spending sources across various categories to achieve a cohesive financial overview. SAP's spend management solutions empower you to make rapid and informed decisions that propel your business forward. This includes both direct and indirect expenditures, as well as external services and contingent labor, travel, and expenses. Transitioning from conventional, fragmented methods of spend management to a more intelligent approach can yield significant results, beginning with efficient invoice processing. By digitizing and streamlining your entire source-to-pay processes, you can better control spending on both direct and indirect materials, uncover new savings opportunities, and foster a robust supply chain. Additionally, effectively managing your external workforce and service providers throughout their entire lifecycle involves everything from onboarding and invoicing to monitoring milestones, project delivery, and ensuring secure off-boarding and quality assessments. Furthermore, you can easily capture and aggregate travel and expense data from nearly any transaction, enhancing your overall financial insights and decision-making capabilities. This comprehensive approach not only simplifies processes but also drives long-term operational excellence.
API Access
Has API
Yes
API Access
Has API
No
Integrations
SAP Ariba
Yes
Coupa
Yes
Ivalua
Yes
SAP Concur
No
SAP Fieldglass
No
SAP Joule
No
SAP Store
No
Integrations
SAP Ariba
Yes
Coupa
No
Ivalua
No
SAP Concur
Yes
SAP Fieldglass
Yes
SAP Joule
Yes
SAP Store
Yes
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
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
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
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)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Procure Ai
Founded
2020
Country
London, United Kingdom
Website
www.procure.ai/
Vendor Details
Company Name
SAP
Founded
1999
Country
United States
Website
www.sap.com/cmp/dg/intelligent-spend-management/index.html
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
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
No
Requisitions & Approvals
Yes
Sourcing Management
Yes
Spend Management
Yes
Supplier Management
Yes
Purchasing
Catalog Management
No
Compliance Management
No
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
Spend Management
Approval Workflow
No
Budgeting / Forecasting
No
Expense Tracking
No
Multi-Currency
No
Prepaid Cards
No
Procurement Management
No
Receipt Management
No
Spend Analysis
No
Spend Control
Yes
Supplier Management
Yes
Vendor Management
Audit Management
No
Contact Management
No
Customer Database
No
Self Service Portal
No
Supplier Master Data
Yes
Transaction History
No
Vendor Maintained Profiles
No
Vendor Managed Inventory
No
Vendor Performance Rating
No
Vendor Qualification Tracking
No