Prokuria Reviews & Ratings

Prokuria

5.0 out of 5 stars

Ratings and Reviews 1 Rating

Total 5 out of 5 stars
ease 5 out of 5 stars
features 5 out of 5 stars
design 5 out of 5 stars
support 5 out of 5 stars

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features 0 out of 5 stars
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support 0 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 Ivalua?

The Source-to-Pay (S2P) process encompasses a detailed series of actions that connect organizations with their suppliers, starting from the selection of appropriate suppliers to meet particular requirements, and progressing through negotiations and contract finalization for the procurement of goods and services. Ultimately, this sequence wraps up with the invoicing and settlement of payments to these suppliers. Beyond the basics, S2P integrates strategic procurement elements such as spend analysis, sourcing, contract oversight, and supplier management, which includes evaluating supplier data, assessing risks, and measuring performance. It also incorporates downstream procedures like electronic procurement, managing purchase orders, automating invoices, and handling accounts payable tasks. By utilizing the Source-to-Pay framework, organizations aim to reduce costs, manage risks more effectively, stimulate innovation, strengthen supplier relationships, and fulfill various strategic goals. Furthermore, Ivalua’s Source-to-Pay platform enhances and digitally transforms the entire procurement process across diverse categories of spending and supplier interactions, boosting both efficiency and effectiveness. This comprehensive methodology not only enables companies to adapt swiftly to market fluctuations but also optimizes their entire supply chain management processes, ultimately leading to improved overall performance.

Media

Media

Integrations Supported

Docusign
Google Data Studio
Microsoft Excel

Integrations Supported

Docusign
Adobe Acrobat Sign
Beamy
Entrio
Fairmarkit
Leah
Lemon Learning
Procure Ai
Punchout Catalogs
TCS ADD
TCS CHROMA
TCS HOBS
TCS Intelligent Urban Exchange
TCS MasterCraft DevPlus
TCS MasterCraft TransformPlus
TCS OmniStore
TCS Optumera
TCS TAP

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided
Free Trial Offered?

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
Webinars
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Prokuria

Date Founded

2016

Company Location

United States

Company Website

www.prokuria.com

Company Facts

Organization Name

Ivalua

Date Founded

2000

Company Location

United States

Company Website

www.ivalua.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

AI Procurement

Not specified

Contract Management

Contract Lifecycle Management
Electronic Signature
Pre-built Templates
Workflow Management

eProcurement

Not specified

Procurement

Asset Management
Auction Management
Budget Management
Catalog Management
Contract Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

Purchasing

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

Spend Analysis

Not specified

Spend Management

Expense Tracking
Procurement Management
Spend Analysis
Supplier Management

Vendor Management

Audit Management
Contact Management
Self Service Portal
Supplier Master Data
Transaction History
Vendor Maintained Profiles
Vendor Performance Rating
Vendor Qualification Tracking

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