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Description
ProQurAI, developed by Digicode, is an innovative procurement automation solution that is independent of any specific ERP system and employs multiple AI agents to enhance the Source-to-Contract (S2C) process. Functioning securely within the confines of corporate firewalls, ProQurAI utilizes nine distinct autonomous AI agents that tackle various stages including Intake, Sourcing, RFx, Evaluation, Risk, Contract, Negotiation, Spend, and Orchestration, allowing them to collaboratively manage intricate procurement workflows without being dependent on conventional software bundles. This advanced system significantly reduces the time traditionally needed for procurement cycles from 60 to 90 days down to less than 30, transforms RFP drafting into a matter of minutes, and enables organizations to achieve annual spend savings of 5 to 10% through efficient spend routing, negotiation enhancements, and effective tail-spend management. ProQurAI is compatible with major platforms such as SAP, Oracle, and Microsoft, and it guarantees complete data privacy, employs private LLMs, maintains comprehensive audit trails, and incorporates human oversight at every stage of the approval process. With its ability to adapt to various procurement scenarios, ProQurAI stands out as a versatile tool in the ever-evolving landscape of procurement technology.
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
No images available
Integrations
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
Digicode
Founded
2008
Country
Slovakia
Website
www.mydigicode.com/ai-powered-procurement/
Vendor Details
Company Name
Beyond Key
Founded
2005
Country
United States
Website
www.procurekey.com
Product Features
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