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What is Procure Suite?

Procure Suite is a sophisticated eProcurement platform that leverages cloud and AI technologies to revolutionize how businesses manage their purchasing processes and supplier relationships. Designed with modular flexibility, it includes tools for reverse and forward auctions, request for proposals/information/quotes (RFP/RFI/RFQ), purchase requisitions, contract management, procure-to-pay workflows, and comprehensive spend analysis. By automating and optimizing these functions, Procure Suite helps companies reduce procurement costs by 18 to 40%, significantly improving overall efficiency. The platform features a user-friendly mobile app that offers anytime, anywhere access, ensuring procurement teams stay connected and productive. AI-driven algorithms provide predictive insights and support data-informed decision-making, while real-time analytics deliver advanced reports on spend and supplier performance. Its scalable architecture makes it suitable for businesses of all sizes and industries, including manufacturing, healthcare, biotech, construction, food & beverage, and energy. Procure Suite enables seamless integration with existing business systems, supporting rapid deployment and smooth transitions to digital procurement. Additional features include customizable workflows, supplier management tools, and automation to reduce manual tasks and errors. Companies benefit from enhanced transparency, better supplier collaboration, and improved budget control. Overall, Procure Suite is a comprehensive solution built to optimize procurement operations, maximize cost savings, and support long-term business growth.

What is PECOS?

Almost thirty years ago, we partnered with the Massachusetts Institute of Technology (MIT) to create our outstanding PECOS technology, which is a unique cloud-based eProcurement solution powered by data. As a technology-driven business, it is vital for us to understand customer opinions regarding their experiences with our products and brand interactions. Evolve S2P functions as a flexible all-in-one solution that can be easily adapted to fulfill the specific requirements of various industries. Initially designed for the healthcare sector, it has effectively supported numerous healthcare organizations like NHS England in reducing system fragmentation and improving collaboration among institutions. Our PECOS P2P system is indicative of our online Purchase to Pay technology, and it has been incorporated into the Scottish Government's eCommerce Shared Service. Since its launch in 2002, this solution has been available to all public sector bodies in Scotland, including central and local governments, NHS Boards, and higher education institutions. With a strong history of success, PECOS P2P continues to enhance procurement processes for public services throughout Scotland, ensuring operational efficiency and improved service delivery. The ongoing evolution of our technology reflects our commitment to meeting the dynamic needs of our clients and the sectors we serve.

Media

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Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$0
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

Procure Suite

Date Founded

2024

Company Location

United States

Company Website

www.procuresuite.io

Company Facts

Organization Name

elcom

Date Founded

1992

Company Location

United States

Company Website

www.elcom.com

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

Purchasing

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

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

Purchasing

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

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