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Average Ratings 0 Ratings

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ease
features
design
support

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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.

Description

Oversee all spending sources across various categories to achieve a cohesive financial overview. SAP's spend management solutions empower you to make rapid and informed decisions that propel your business forward. This includes both direct and indirect expenditures, as well as external services and contingent labor, travel, and expenses. Transitioning from conventional, fragmented methods of spend management to a more intelligent approach can yield significant results, beginning with efficient invoice processing. By digitizing and streamlining your entire source-to-pay processes, you can better control spending on both direct and indirect materials, uncover new savings opportunities, and foster a robust supply chain. Additionally, effectively managing your external workforce and service providers throughout their entire lifecycle involves everything from onboarding and invoicing to monitoring milestones, project delivery, and ensuring secure off-boarding and quality assessments. Furthermore, you can easily capture and aggregate travel and expense data from nearly any transaction, enhancing your overall financial insights and decision-making capabilities. This comprehensive approach not only simplifies processes but also drives long-term operational excellence.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

SAP Ariba
Coupa
Ivalua
SAP Concur
SAP Fieldglass
SAP Joule
SAP Store

Integrations

SAP Ariba
Coupa
Ivalua
SAP Concur
SAP Fieldglass
SAP Joule
SAP Store

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
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

Procure Ai

Founded

2020

Country

London, United Kingdom

Website

www.procure.ai/

Vendor Details

Company Name

SAP

Founded

1999

Country

United States

Website

www.sap.com/cmp/dg/intelligent-spend-management/index.html

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

Purchasing

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

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

Purchasing

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

Spend Management

Approval Workflow
Budgeting / Forecasting
Expense Tracking
Multi-Currency
Prepaid Cards
Procurement Management
Receipt Management
Spend Analysis
Spend Control
Supplier Management

Vendor Management

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

Alternatives

Alternatives

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