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features
design
support

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Write a Review

Description

BusinessBid serves as an intuitive eSourcing platform designed to facilitate transparent RFQs and eAuctions, allowing users to realize considerable savings in both costs and time. The Procurement Software from BusinessBid enables effortless event creation and management through a unified dashboard. Users can receive bids, engage in communication, and negotiate with suppliers all in one location. This not only streamlines the process of collecting and organizing event details but also aids in creating comparisons and conducting audits efficiently. By letting BusinessBid handle these tasks, you can focus your efforts on more important areas of your business. Managing purchase requisitions through traditional methods like email or paperwork can be cumbersome and makes tracking progress challenging. With BusinessBid’s requisition management tool, buyers can maintain organization while ensuring purchasing is transparent from the outset. Each requisition is displayed on a centralized dashboard and assigned a distinct number, significantly reducing the need for excessive email exchanges and enhancing overall efficiency. In this way, BusinessBid transforms the procurement journey into a more efficient and manageable process.

Description

PROCAI is a cloud-based procurement tool designed for sourcing suppliers, handling requests for quotations (RFQs), and evaluating offers. Buyers can specify a product or service, search for suppliers in chosen countries, and send targeted RFQs to selected vendors using a linked Gmail, Microsoft 365, Outlook, or SMTP email account. The platform effectively tracks supplier responses linked to each RFQ and identifies any delivery failures. Buyers have the capability to upload quotes in various formats such as PDFs, spreadsheets, documents, or scanned files; the advanced AI functionality extracts and aligns line items in a comparison sheet that includes information on currencies, VAT, and total costs, which can be exported to Excel or PDF formats. Additionally, optional AI assistants can draft replies to incoming purchase inquiries, streamlining communication. For larger teams, enterprise workspaces facilitate role assignments and feature an eight-step workflow for approving purchase requisitions to purchase orders. PROCAI primarily caters to buyers and procurement teams, particularly within construction and industrial-supply sectors that seek to request and assess supplier quotations efficiently, ultimately enhancing the procurement process.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

No images available

Integrations

Gmail No 
Microsoft 365 No 
Microsoft Outlook No 

Integrations

Gmail Yes 
Microsoft 365 Yes 
Microsoft Outlook Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$39/month
The Free plan includes 30 RFQs per month and 11 monthly credits. Individual costs $39/month, Team costs $119/month, Professional costs $349/month, and Enterprise plans start at $799/month. A one-time $20 purchase provides 20 credits. Sending RFQs does not use credits.
Free Trial No 
Free Version Yes 

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 Yes 
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 Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

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

Vendor Details

Company Name

BusinessBid

Founded

2014

Country

United Arab Emirates

Website

www.businessbid.com

Vendor Details

Company Name

PROCAI

Country

Lebanon

Website

www.procai.world

Product Features

Procure to Pay

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

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 Yes 
Purchase Order Management Yes 
Receiving No 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

Purchasing

Catalog Management Yes 
Compliance Management Yes 
Contract Management Yes 
Inventory Management Yes 
Invoice Processing Yes 
PunchOut Yes 
Purchase Order Management Yes 
Requisitions & Approvals Yes 
Sourcing Management Yes 
Spend Management Yes 
Supplier Management Yes 

RFQ

Product Features

Procurement

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

Alternatives

Alternatives

No Alternatives