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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 Precoro?

Precoro is a comprehensive cloud-based platform designed to consolidate and automate procurement, AP, and payment management. It seamlessly orchestrates your "request-to-pay" cycle, reduces manual tasks, curbs unauthorized spending, and accelerates savings through AI-driven intelligence. Procurement: Enhance relationships with suppliers, centralize contract management, and streamline employee requests for greater efficiency. AP & Payments: Optimize the invoice lifecycle using AI-driven OCR, 3-way matching, and automated workflows. Securely execute vendor payments directly from the platform to complete your financial cycle. Spend Management: Effortlessly monitor budgets across various locations and departments, manage expenditures, and generate reports that provide valuable insights. Supplier Management: Improve the onboarding process for vendors and streamline approvals to mitigate potential risks. Precoro integrates with ERP systems like NetSuite, QuickBooks Online, Xero, and Sage, or you can establish custom connections using a free API, effectively eliminating duplicate payments and manual document handling. With an intuitive interface, Precoro ensures onboarding in less than six weeks without needing IT support. You can customize the system, scale operations, and receive continuous assistance from your personal Customer Success Manager (CSM). Moreover, your data remains secure with SSO and robust two-factor authentication, providing peace of mind while you manage your procurement and financial needs.

Media

Media

Integrations Supported

Coupa
Ivalua
SAP Ariba

Integrations Supported

Amazon
Amazon Business
Exact Online
Grainger
Microsoft Dynamics 365
Microsoft Power BI
NetSuite
Odoo
Orange Apron Media
QuickBooks Desktop Pro
QuickBooks Online
QuickBooks Online Advanced
Sage 100
Sage 50
Sage Intacct
Slack
Xero

API Availability

Has API

API Availability

Has API

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

$499/month
Whether you're a small business just starting out or a large enterprise with complex procurement requirements, we have a package designed to meet your unique needs. From purchase order management to vendor onboarding management, our packages are designed to help you achieve procurement excellence.
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
Chromebook
Linux

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour 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

Precoro

Date Founded

2015

Company Location

United States

Company Website

precoro.com

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

AI Procurement

Not specified

Emissions Management

Not specified

ESG

Not specified

ESG Reporting

Not specified

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Workflow Management

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

Procurement

Asset Management
Auction 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 Analysis

Not specified

Spend Management

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

Sustainability

Not specified

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

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