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features
design
support

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Description

Averoic is a no-code platform designed for executing governed and audit-ready business processes, serving as a quicker and more flexible option compared to traditional ERP systems and the use of spreadsheets and emails for operations. Users can easily set up complex workflows and approval systems (featuring maker-checker processes with authority limits), as well as manage forms, data collection, dashboards, and reports, all while implementing attribute-based access control that defaults to denying access and ensuring a complete, time-stamped audit trail—resulting in a fully configured system that can be operational in just weeks. The platform offers pre-built templates for various functions, including loan origination, governance for credit and investment committees, insurance claims processing, procure-to-pay cycles, vendor onboarding, finance postings, and payroll management. It boasts seamless integration through REST APIs, various channels, and robust service tasks, incorporating features for document generation and real-time notifications. With an AI assistant that can create apps, forms, and workflows using straightforward language, Averoic also ensures per-tenant isolation and data residency options on AWS, in the cloud or in a dedicated environment in your region (on-premise available on request for enterprise deployments). Currently deployed at UTI Alternatives, Averoic has achieved up to 60% faster time-to-market for launching new lending processes, demonstrating its efficiency and effectiveness in streamlining business operations. This enables organizations to stay agile and responsive in a rapidly changing market.

Description

PRM360 is the smartest solution for your Procure to Pay requirement. It combines all of these processes under one roof. PRM360 is the best in the industry thanks to the ability to post requirements online, receive automatic quotations from vendors, and have them validated by our smart systems. Online Bidding allows purchase officers to choose the best offer, saving them between 5 and 15% time. PRM360 reduces any delays in the payment schedule by sending reminders to vendors for invoice submission and seeking online approvals for clearances. This not only improves vendor satisfaction, but also eliminates the time and effort of the purchasing team for follow-ups. Statisticians show that PRM360 users can achieve a 300% ROI over other Procure to-Pay solutions on the market.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$20 per user per month
Free: $0, no time limit (1 application, up to 3 users, workflow, forms and audit trail, community support). Growth: early-adopter price $20 per user per month, locked while the subscription stays active, for our first 50 customers (billed annually; list price $29). Unlimited applications, live dashboards, support, self-service configuration. Enterprise: custom pricing (advanced access control, channels and integrations, SLA monitoring, custom domain and branded login, data residency in your region).
Free Trial Yes 
Free Version Yes 

Pricing Details

Contact PRM360 for prices
Contact PRM360 for prices
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 Yes 
Mac Yes 
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 No 

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) Yes 
In Person Yes 

Vendor Details

Company Name

Averoic Digital Group

Founded

2026

Country

Ghaziabad, Delhi NCR, India

Website

averoic.com

Vendor Details

Company Name

PRM360

Founded

2015

Country

India, Hyderabad

Website

www.prm360.com

Product Features

Business Process Management

Access Controls / Permissions Yes 
Alerts / Notifications Yes 
Business Process Automation Yes 
Business Rules Management Yes 
Collaboration No 
Process Change Tracking Yes 
Process Mapping Yes 
Process Modeling & Design Yes 
Visual Workflow Management Yes 

Product Features

Billing and Invoicing

Billing Portal Yes 
Contact Database Yes 
Contingency Billing Yes 
Customer Portal Yes 
Customizable Invoices Yes 
Dunning Management Yes 
Hourly Billing Yes 
Invoice History Yes 
Mobile Payments Yes 
Multi-Currency Yes 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing Yes 
Recurring/Subscription Billing Yes 
Service Ticket Billing Yes 
Tax Calculator Yes 

Catalog Management

Catalog Creation Yes 
Content Library Yes 
Content Management Yes 
Cross Selling Functionality Yes 
Custom Product Attributes Yes 
Customizable Catalogs Yes 
Desktop Publishing Yes 
Pricing Management Yes 
Product Comparison Yes 
Search Yes 

Contract Management

Buy Side (Suppliers) Yes 
Completion Tracking Yes 
Compliance Tracking Yes 
Contract Lifecycle Management Yes 
Electronic Signature Yes 
Full Text Search Yes 
Government Contracts Yes 
Pre-built Templates Yes 
Sell Side (Customers) Yes 
Specialty Contracts Yes 
Version Control Yes 
Workflow Management Yes 

Procure to Pay

Billing & Invoicing Yes 
Budgeting / Forecasting Yes 
Compliance Management Yes 
Contract Lifecycle Management Yes 
Financial Reporting Yes 
Integration Management Yes 
Inventory Management Yes 
Order Management Yes 
Vendor Management Yes 

Procurement

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

Spend Management

Approval Workflow Yes 
Budgeting / Forecasting Yes 
Expense Tracking Yes 
Multi-Currency Yes 
Prepaid Cards No 
Procurement Management Yes 
Receipt Management Yes 
Spend Analysis Yes 
Spend Control Yes 
Supplier Management Yes 

Vendor Management

Audit Management Yes 
Contact Management Yes 
Customer Database Yes 
Self Service Portal Yes 
Supplier Master Data Yes 
Transaction History Yes 
Vendor Maintained Profiles Yes 
Vendor Managed Inventory Yes 
Vendor Performance Rating Yes 
Vendor Qualification Tracking Yes 

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