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support 5 out of 5 stars

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What is Prokuria?

What if your procurement process ran itself? Well, almost. Prokuria is a procurement platform with AI built in. It takes care of the tedious parts: drafting sourcing requests, comparing supplier offers side by side, and spotting where you could save money or where a supplier might be a risk. Your team gets to spend its time on the part that matters, which is getting the best deal. Everything lives in one place. That includes purchase requests, approvals, RFQs, tenders and live reverse auctions that push prices down in real time. Supplier documents and performance history are always at hand, and every decision leaves a clear audit trail. There’s no IT project and no long rollout. You can leave the spreadsheets behind and start making faster, smarter buying decisions.

What is Freqens?

Freqens utilizes advanced AI technology to convert software spending into significant savings by emphasizing the detection of renewals, evaluating market benchmarks, assessing vendor satisfaction, and identifying reliable alternatives. Key Features - Subscriptions: Our AI system proactively manages renegotiations by pinpointing essential deadlines within supplier contracts and alerting the relevant personnel at the perfect time. - Reviews: Collect valuable feedback on supplier satisfaction from the teams that engage with them, ensuring that the insights gathered are both pertinent and actionable. - Alternatives: Easily identify the best alternative suppliers by accessing trustworthy market data and recognizing current industry trends with a simple click. - Benchmarks: Gain insights into real-time market pricing derived from anonymized transactions, enabling you to analyze each line item and uncover hidden costs down to the SKU level. Benefits - Realize savings of up to 45% on software purchases. - With Freqens’ innovative technology, every software expenditure is transformed into a chance for savings, allowing organizations to enhance their budgeting strategies and financial efficiency. This approach not only optimizes spending but also empowers businesses to make informed decisions regarding their software investments.

Media

Media

No images available

Integrations Supported

Docusign
Google Data Studio
Microsoft Dynamics 365
Microsoft Excel
Microsoft Power BI

Integrations Supported

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

900€/month

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub

Company Facts

Organization Name

Prokuria

Date Founded

2016

Company Location

United States

Company Website

www.prokuria.com

Company Facts

Organization Name

Freqens

Date Founded

2024

Company Location

France

Company Website

www.freqens.com

Categories and Features

Price Monitoring

Not specified

Procurement

Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
Purchase Order Management
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

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

RFI

Not specified

RFQ

Not specified

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

Vendor Management

Audit Management
Contact Management
Vendor Performance Rating
Vendor Qualification Tracking

Categories and Features

Procurement

Not specified

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