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Average Ratings 0 Ratings
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
By merging service offerings with software solutions, we enhance the focus on spend analytics, enabling the creation of actionable insights that inform the development and execution of procurement strategies. Our approach integrates cutting-edge technology and AI-driven analytics with extensive knowledge of supply markets and category sourcing, while also innovating service delivery models such as outsourcing to help you realize the full potential of your procurement data. As an integral part of an ongoing initiative with McKinsey, Orpheus collaborates with their teams to provide comprehensive products and services. This includes everything from software implementation and data classification to in-depth analysis and the automated calculation of crucial indicators and benchmarks, ultimately identifying opportunities for increased efficiency and cost savings. Our all-encompassing service package offers clients a holistic Analytics & Performance Service that leverages our software solutions, ensuring that businesses are equipped with the tools they need to optimize procurement outcomes effectively. Consequently, we are committed to driving value and fostering a data-driven culture within organizations.
API Access
Has API
API Access
Has API
Integrations
Coupa
Ivalua
SAP Ariba
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
Orpheus
Founded
2005
Country
Germany
Website
www.orpheus-it.com
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