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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Strategic procurement processes engage various stakeholders and can pose significant risks and costs, often consuming over half of the yearly budget and representing 90% of potential risks. These procurements inherently influence business performance in substantial ways. Successfully navigating the associated challenges and complexities is no simple task, but making informed choices is vital for success. This is precisely where our AWARD® Solution becomes invaluable. Since its inception in 2001, AWARD® has empowered buyers to efficiently and confidently identify the best suppliers while ensuring a transparent audit trail and effective management of diverse team members. With options ranging from Pro to Plus and Premium packages, AWARD® offers flexibility and scalability, providing advantages to projects, programs, and organizations of all types and sizes. Together, we offer the most extensive strategic evaluation capabilities available in the market, ensuring that every procurement decision is well-informed and strategic. This commitment to excellence enhances overall organizational performance and mitigates risks in procurement activities.

Description

ProcureKey is an AI-powered sourcing software that automates sourcing from PR to award. It offers a centralized workflow with purpose-built modules for PR, RFx, Supplier Management, Itemized Bidding, Reverse and Forward Auction. Built-in AI-assisted evaluation and supplier scoring gives teams full control and visibility through role-based access, audit trails, and is SOC 2 Type 2 and GDPR compliant, and built on SharePoint, so, all data stays within your Microsoft environment, secure, governed, and audit-ready. Best-Suited Industries for ProcureKey: EPC (Engineering, Procurement & Construction), Manufacturing & Industrial, Oil, Gas & Energy, Government & Education, Healthcare & Life Sciences, and Retail & Logistics. Ideal for organizations managing complex sourcing workflows, supplier collaboration, and regulated procurement processes. Key Features: - RFx Management - Multi-Envelope Bidding - Itemized Bidding - AI-Assisted Evaluation - Supplier Portal - Supplier Registration & Prequalification - Forward and Reverse Auctions - Purchase Requisition Management - Audit Trail and Compliance - Native Microsoft 365 Integration - Role-Based Access Control - Bid Comparison and Analytics - AI Smart Supplier Suggestions - Tender Management

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Jama Connect
Microsoft 365

Integrations

Jama Connect
Microsoft 365

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Commerce Decisions

Founded

2001

Country

United Kingdom

Website

commercedecisions.com/award/

Vendor Details

Company Name

Beyond Key

Founded

2005

Country

United States

Website

www.procurekey.com

Product Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Product Features

Procurement

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Sourcing

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

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