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What is Procure Ai?

Procure Ai gives enterprise procurement teams an agentic operating system: 40+ specialised AI agents that run source-to-pay work rather than only advising on it. The agents cover spend analytics, generative intake, autonomous sourcing and negotiation, strategic sourcing, supplier management, purchasing operations and tail spend. Routine volume is handled end to end - spend classified, requests routed, RFQs run, suppliers negotiated with and kept current - while anything needing judgement is escalated with the reasoning attached. Procure Ai connects to the ERP and P2P stack already in place, so fragmented buying data resolves into a single view of spend. It is built for the tail: the low-value, high-count categories most suites leave unmanaged because the manual cost to serve outweighs the saving. Kärcher, DMG MORI, EnBW, Dr. Oetker and Diebold Nixdorf are among the enterprises managing more than €50bn in combined annual spend on the platform. Founded 2020, headquartered in London.

What is AWARD?

Strategic procurement processes involve multiple stakeholders and can lead to considerable risks and expenses, often taking up more than half of the annual budget and accounting for 90% of potential risks. These procurement activities have a profound impact on business performance. Effectively managing the challenges and complexities that arise is a demanding endeavor, yet making educated decisions is crucial for achieving success. This is where our AWARD® Solution truly shines. Since its launch in 2001, AWARD® has enabled buyers to effectively and confidently select the most suitable suppliers while maintaining a clear audit trail and managing a variety of team members efficiently. With a range of offerings that include Pro, Plus, and Premium packages, AWARD® provides the necessary flexibility and scalability to benefit projects, programs, and organizations of all sizes. Our comprehensive strategic evaluation capabilities are unparalleled in the marketplace, guaranteeing that each procurement choice is both strategic and well-informed. Furthermore, this dedication to quality not only enhances overall organizational performance but also significantly reduces risks associated with procurement activities, fostering a culture of accountability and efficiency.

Media

Media

Integrations Supported

Coupa
Ivalua
SAP Ariba

Integrations Supported

Jama Connect

API Availability

Has API

API Availability

Pricing Information

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.

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS
Windows
Mac

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Procure Ai

Date Founded

2020

Company Location

London, United Kingdom

Company Website

www.procure.ai/

Company Facts

Organization Name

Commerce Decisions

Date Founded

2001

Company Location

United Kingdom

Company Website

commercedecisions.com/award/

Categories and Features

AI Procurement

Not specified

AI Tools

Not specified

Procurement

Bid Management
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Categories and Features

Procurement

Not specified

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