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What is Arkestro?

Enjoy a seamless sourcing experience that eliminates the necessity for logins or apps, as our platform facilitates one-click sourcing events that are sent straight to your suppliers' inboxes, complemented by real-time predictive insights. Our versatile data model caters to all spending categories, enabling users to source products similarly to how they would in Excel, while also leveraging the advanced features of Arkestro. The predictive anomaly detection function proactively spots and corrects mistakes before they advance to the procurement phase, thereby improving both accuracy and efficiency. Role-based access streamlines project management for sourcing events, guaranteeing that all relevant parties receive prompt updates. By examining supplier behavior, Arkestro fine-tunes sourcing cycles, leading to shorter event durations. Our efficient email-based workflow generates a variety of award scenarios, suitable for sourcing events of any scale or complexity. Supplier quotes frequently suffer from inaccuracies due to data entry and copy-paste errors, complicating the tracking of sourcing processes that often rely on numerous pivot tables. Moreover, new sourcing cycles typically neglect to apply insights from previous supplier quotes, resulting in repeated errors. With our cutting-edge pricing simulator, you can swiftly gather recommendations for your suppliers, motivating them to modify and resubmit their bids for improved results. This holistic strategy not only reduces errors but also significantly boosts overall sourcing efficiency, making the process smoother for all involved. Ultimately, this innovative approach positions you to achieve better financial outcomes while fostering stronger supplier relationships.

What is Aerchain?

Introducing a cutting-edge Autonomous Sourcing Platform designed to optimize, elevate, and automate every facet of your sourcing operations with precision. Enhance your submission process with a customizable template system that caters to specific category needs, allowing for seamless PR creation across multiple platforms such as Web, Mobile, Teams, and Slack. Streamline Requirement Processing Harness the power of AI to adeptly oversee your sourcing requirements by linking with the right channels and vendors based on defined criteria or a combination of business policies. Unify the Negotiation Process Ensure your organization consistently secures the best possible agreements by leveraging a blend of historical negotiation insights, tailored category frameworks, and detailed negotiation resources, equipping your team for successful outcomes. By implementing this innovative platform, your sourcing strategies will undergo a significant transformation, becoming more effective and aligned with your business goals. As a result, you'll be better positioned to thrive in a competitive marketplace.

Media

Media

Integrations Supported

Ariba Network
Coupa
GEP SMART
JAGGAER One
Microsoft Excel
Microsoft Teams
Slack
Zycus Procure-to-Pay

Integrations Supported

Ariba Network
Coupa
GEP SMART
JAGGAER One
Microsoft Excel
Microsoft Teams
Slack
Zycus Procure-to-Pay

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Arkestro

Date Founded

2016

Company Location

United States

Company Website

arkestro.com

Company Facts

Organization Name

Aerchain

Date Founded

2016

Company Location

India

Company Website

www.aerchain.io

Categories and 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

Categories and Features

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

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