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Average Ratings 0 Ratings

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ease
features
design
support

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Description

Experience effortless sourcing with no need for logins or apps, as our one-click events seamlessly land in your suppliers' inboxes, enriched with real-time predictive insights. Our adaptable data framework caters to all categories of expenditure, allowing you to source anything you could manage in Excel with ease using Arkestro. With predictive anomaly detection, potential mistakes are identified and corrected before they impact procurement processes. The role-based access feature streamlines project management for sourcing events, ensuring all stakeholders receive timely updates. Arkestro enhances sourcing cycles by learning from supplier behavior, which helps to reduce the time required for these processes. A straightforward email-based workflow offers a range of award scenarios tailored to your sourcing events, regardless of their size or complexity. Supplier quotes often contain errors stemming from manual data entry and copy-pasting, which can complicate the sourcing process. Monitoring the progress of sourcing activities typically involves numerous pivot tables, making the task cumbersome. Additionally, new sourcing cycles often fail to incorporate insights from supplier quotes submitted in prior cycles. To aid in this, our pricing simulator provides immediate recommendations for suppliers to adjust and resubmit their proposals, making the process even more efficient. Ultimately, Arkestro transforms the sourcing landscape by minimizing errors and maximizing efficiency through intelligent data utilization.

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 

Screenshots View All

Screenshots View All

Integrations

Coupa Yes 
Ariba Network Yes 
GEP Quantum Intelligence Yes 
Ivalua No 
JAGGAER One Yes 
Microsoft Excel Yes 
SAP Ariba No 
Zycus Procure-to-Pay Yes 

Integrations

Coupa Yes 
Ariba Network No 
GEP Quantum Intelligence No 
Ivalua Yes 
JAGGAER One No 
Microsoft Excel No 
SAP Ariba Yes 
Zycus Procure-to-Pay 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 Yes 
Live Rep (24/7) No 
Online Support Yes 

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 Yes 

Types of Training

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

Vendor Details

Company Name

Arkestro

Founded

2016

Country

United States

Website

arkestro.com

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

Sourcing

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

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 

Alternatives

Alternatives

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