Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Empower your institution to source with both speed and strategic insight through a unified cloud-based platform designed to enhance decision-making across various stakeholders. This solution enables the seamless launch and management of sourcing events, fosters greater supplier involvement and collaboration, and ultimately supports the overarching goals and vision of your organization. With ESM Source, you can streamline the process of initiating, publishing, and assessing even the most intricate sourcing events all from one centralized interface, complete with workflows that aid your teams in arriving at informed decisions more swiftly. Additionally, you can establish virtual libraries and utilize customizable templates that are easy to copy, modify, and reuse for various event types. By aligning bids with your specific sourcing strategy through weighted criteria, you can ensure that what matters most is prioritized. Furthermore, you can disseminate your event across multiple platforms or directly invite preferred vendors, thereby enhancing visibility and participation. This comprehensive approach not only optimizes sourcing efforts but also strengthens your institution's overall effectiveness in achieving its objectives.
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
No
API Access
Has API
Yes
Integrations
Microsoft 365
No
Pricing Details
No price information available.
Free Trial
Yes
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
Yes
Mac
Yes
Linux
Yes
Chromebook
Yes
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
Yes
Live Training (Online)
Yes
In Person
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
ESM Solutions
Founded
1998
Country
United States
Website
esmsolutions.com/sourcing/
Vendor Details
Company Name
Beyond Key
Founded
2005
Country
United States
Website
www.procurekey.com
Product Features
Sourcing
Auction Management
No
Budget Management
No
Collaboration
Yes
Global Sourcing Management
Yes
Rfx Management
Yes
Spend Management
Yes
Supplier Management
Yes
Supplier Qualification
Yes
Supplier Risk Management
Yes
Supplier Web Portal
Yes
Template Management
Yes
Product Features
Procurement
Asset Management
No
Auction Management
Yes
Bid Management
Yes
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
Yes
Spend Management
Yes
Supplier Management
Yes
Sourcing
Auction Management
Yes
Budget Management
No
Collaboration
No
Global Sourcing Management
No
Rfx Management
Yes
Spend Management
Yes
Supplier Management
Yes
Supplier Qualification
No
Supplier Risk Management
No
Supplier Web Portal
No
Template Management
No