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

Ratings and Reviews 0 Ratings

Total 0 out of 5 stars
ease 0 out of 5 stars
features 0 out of 5 stars
design 0 out of 5 stars
support 0 out of 5 stars

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Order.co Reviews & Ratings
    4.6 out of 5 stars 228 Ratings
    Company Website for Order.co
  • Sage Intacct Reviews & Ratings
    4.3 out of 5 stars 8,836 Ratings
    Company Website for Sage Intacct
  • P3Source Reviews & Ratings
    4.9 out of 5 stars 16 Ratings
    Company Website for P3Source
  • Zahara Reviews & Ratings
    4.4 out of 5 stars 34 Ratings
    Company Website for Zahara
  • Fraxion Reviews & Ratings
    4.4 out of 5 stars 199 Ratings
    Company Website for Fraxion
  • Jesta Vision Suite Reviews & Ratings
    4.5 out of 5 stars 42 Ratings
    Company Website for Jesta Vision Suite
  • Intelex Reviews & Ratings
    4.2 out of 5 stars 199 Ratings
    Company Website for Intelex
  • InEight Reviews & Ratings
    4.1 out of 5 stars 168 Ratings
    Company Website for InEight
  • SBS Quality Management Software Reviews & Ratings
    5.0 out of 5 stars 7 Ratings
    Company Website for SBS Quality Management Software
  • D&B Risk Analytics Reviews & Ratings
    4.4 out of 5 stars 81 Ratings
    Company Website for D&B Risk Analytics

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 Procurement Power?

Enhancing the profit margins obtained from suppliers can be a daunting task, often seen as a refined skill. In the procurement process, it is clear that suppliers do not consistently offer their most attractive prices, leading to an ongoing game of negotiations regarding profit distribution between your organization and the suppliers. The most favorable pricing is largely determined by the supplier's desire to win your business and their apprehension about potentially losing it. So, what is the most effective way to convey this idea? Procurement Power provides an efficient platform that encourages suppliers to compete against one another while being aware of their bidding standings, thereby fostering a fairer marketplace. Many Fortune 500 companies have acknowledged the benefits of this approach and have been utilizing various auction systems to engage their suppliers for several years. It is crucial to remember that every transaction comes with its own set of costs, which can vary depending on the type of item being purchased and the depth of negotiations undertaken. Moreover, grasping these nuances can facilitate improved decision-making and cultivate stronger relationships with suppliers, ultimately benefiting the organization as a whole.

Media

Media

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

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS

Supported Platforms

SaaS

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

Online Training
On-Site Training

Company Facts

Organization Name

Prokuria

Date Founded

2016

Company Location

United States

Company Website

www.prokuria.com

Company Facts

Organization Name

Serex Procurement Solutions

Date Founded

2013

Company Location

Canada

Company Website

www.serexprocurementsolutions.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

Auction Management

Popular Alternatives

eBuyerAssist Reviews & Ratings

eBuyerAssist

Eyvo eProcurement
5.0 out of 5 stars

Popular Alternatives

Acquirell Reviews & Ratings

Acquirell

5.0 out of 5 stars
Tradogram Reviews & Ratings

Tradogram

5.0 out of 5 stars