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What is ProcureKey?

ProcureKey is an AI-powered sourcing software that automates sourcing from PR to award. It offers a centralized workflow with purpose-built modules for PR, RFx, Supplier Management, Itemized Bidding, Reverse and Forward Auction. Best-Suited Industries for ProcureKey: EPC (Engineering, Procurement & Construction), Manufacturing & Industrial, Oil, Gas & Energy, Government & Education, Healthcare & Life Sciences, and Retail & Logistics. Ideal for organizations managing complex sourcing workflows, supplier collaboration, and regulated procurement processes. ProcureKey’s USPs: Go live in days, not months: With configurable workflows designed to fit existing sourcing processes without having to make big changes. Manage all RFx in one spot: See everything from the request to the award with a single software for RFQs, RFPs, RFIs, and more. Flexible auction management: Run Dutch and English auctions to encourage transparent and competitive pricing. Complete audit trails for every sourcing event: Keep track of every action, approval, and change so you're always ready for audits and compliance reviews. Seamless integrations: Integrates with SAP, Oracle, Dynamics 365, Workday, and yes — runs natively on Microsoft 365. AI-assisted sourcing workflows: Auto-generate bid descriptions, score suppliers objectively, flag pricing anomalies Centralized supplier collaboration: A dedicated vendor portal where suppliers submit structured bids, upload documents, and communicate — no more email chains. End-to-end sourcing process covered: Gain visibility into the entire sourcing lifecycle, from request and evaluation to final award. Microsoft 365 advantage: Built natively on Microsoft 365, enabling organizations to securely manage sourcing data within their own tenant.

What is Orbiq?

Orbiq functions as a Trust Center platform that converts internal compliance activities into externally verifiable proof for auditors, buyers, and regulatory entities. By integrating their current Information Security Management Systems (ISMS), SharePoint, Confluence, or Drive with a tailored Trust Center (trust.yourcompany), businesses can establish multi-tiered access controls—public, restricted, or NDA-protected—guaranteeing that each participant has the necessary level of information access. Crafted to comply with the stipulations of the NIS2 and DORA regulations, Orbiq goes beyond conventional document sharing by providing features like real-time vendor registers, incident reporting accompanied by detailed audit trails, AI-optimized questionnaire responses, and continuous monitoring, which offers regulated organizations the vital third-party visibility crucial for contemporary procurement. In contrast to other solutions that primarily focus on reducing the volume of questionnaires, Orbiq presents a well-structured and perpetually updated proof layer that financial institutions, regulatory authorities, and corporate clients increasingly demand and anticipate—safely stored within the EU and equipped with capabilities such as watermarking, download tracking, and extensive audit logs. By facilitating compliance and promoting transparency, Orbiq not only empowers organizations to tackle regulatory challenges with assurance but also enhances their overall operational efficiency and trustworthiness in the eyes of stakeholders.

Media

Media

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Integrations Supported

Docusign
Google Drive
Microsoft 365
Salesforce
Slack

Integrations Supported

Docusign
Google Drive
Microsoft 365
Salesforce
Slack

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$85/month
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

Beyond Key

Date Founded

2005

Company Location

United States

Company Website

www.procurekey.com

Company Facts

Organization Name

Orbiq GmbH

Date Founded

2025

Company Location

Germany

Company Website

www.orbiqhq.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

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

Compliance

Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation

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