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What is Sourcing Acumen?

Sourcing Acumen is an advanced eSourcing platform tailored to streamline the RFP and eAuction processes effectively, prioritizing insight and strategic impact. Leveraging the experience from overseeing more than 10,000 sourcing events, our platform effortlessly combines intuitive features with comprehensive, integrated bid analysis, all framed within a consulting-centered approach that encourages informed sourcing decisions. We provide an extensive range of functionalities, including customizable bid sheets, pre-configured bid analysis tools, interactive award scenarios, mechanisms for supplier feedback, RFI assessments complete with criteria and scores, and e-Auctions. Procurement teams consistently achieve significant savings while reducing their sourcing workload by as much as 70%. Our AI-powered assistant, AURA, accelerates the decision-making process by delivering instant, evidence-based insights. Sourcing Acumen has earned the confidence of international corporations and leading consultancies, transforming the sourcing landscape and enhancing operational effectiveness. With a steadfast dedication to innovation, our platform is continually adapted to address the evolving demands of procurement professionals across the globe. As we look to the future, we remain committed to fostering collaborative sourcing strategies that drive success in a rapidly changing marketplace.

What is Prokraya?

Prokraya streamlines the procurement process while simultaneously lowering expenses. By implementing our procure-to-pay solution, we replace cumbersome manual tasks and minimize the risk of human mistakes, resulting in a procurement process that is five times more efficient. Our comprehensive solution encompasses budget oversight, purchase requisitions, catalog management, electronic invoicing, and management of contract lifecycles. Additionally, Prokraya is designed to integrate smoothly with any ERP system, ensuring effortless data exchange. An audit trail is generated, allowing for easy reviews and enhancing transparency in the procurement process.

Media

Media

No images available

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

$1
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

Sourcing Acumen

Date Founded

2024

Company Location

United States

Company Website

sourcingacumen.com

Company Facts

Organization Name

Prokraya

Date Founded

2021

Company Location

India

Company Website

prokraya.com

Categories and Features

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

Procure to Pay

Billing & Invoicing
Budgeting / Forecasting
Compliance Management
Contract Lifecycle Management
Financial Reporting
Integration Management
Inventory Management
Order Management
Vendor Management

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

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

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