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What is Team Procure?

Team Procure is an innovative cloud procurement platform designed to streamline the management of your entire purchasing workflow, encompassing e-sourcing and inventory management within a single, cohesive application. This solution allows you to efficiently handle purchase requests, orders, suppliers, and inventory across various warehouses from one centralized system. We specifically target small to medium-sized businesses across diverse sectors, including manufacturing, construction, healthcare, and beyond. Our range of services includes: • Facilitating Purchase Request Creation • Supplier Onboarding Processes • Tailored Approval Workflows • Requests for Quotations (RFQs) and E-Auctions • Comprehensive Warehouse and Inventory Oversight • In-depth Reporting Capabilities In addition, Team Procure provides an enterprise-level solution tailored for extensive procurement needs, featuring dedicated servers, enhanced sourcing tools, seamless ERP integrations, and top-tier customer support to ensure optimal operational efficiency. With our platform, businesses can enhance their procurement strategies and drive better decision-making through data-driven insights.

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

HubSpot CRM
HubSpot Customer Platform

Integrations Supported

Adobe Acrobat Sign
Aprovall
Docusign
Entrio
IntegrityNext
Leah
Lemon Learning
Procure Ai
Shortways
TCS ADD
TCS CHROMA
TCS HOBS
TCS Intelligent Urban Exchange
TCS MasterCraft DataPlus
TCS MasterCraft DevPlus
TCS OmniStore
TCS Optumera
TCS TAP

API Availability

Has API

API Availability

Pricing Information

$250/month (3 users)
Enterprise (call for pricing)
Free Trial Offered?

Pricing Information

Pricing not provided
Free Trial Offered?

Supported Platforms

SaaS
On-Prem
Linux

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
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Team Procure

Date Founded

2016

Company Location

United States

Company Website

www.teamprocure.com

Company Facts

Organization Name

Ivalua

Date Founded

2000

Company Location

United States

Company Website

www.ivalua.com

Categories and Features

Auction

Alerts/Notifications
Bid Management
Billing & Invoicing
Dutch Auction
Inventory Management
Live Auction
Online Auction
Online Bidding
Reverse Bidding
Silent Auction

Compliance

Compliance Tracking
ISO Compliance
Workflow / Process Automation

Inventory Management

Alerts/Notifications
Barcoding / RFID
Inventory Optimization
Manufacturing Inventory Management
Mobile Access
Product Identification
Reorder Management
Reporting/Analytics
Retail Inventory Management
Supplier Management
Warehouse Management

Operations Management

Not specified

Procurement

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

Purchasing

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

RFP

Bid Management
Collaboration
Data Import / Export
Due Date Tracking
Requirements Management
Vendor Management

RFQ

Not specified

Sourcing

Auction Management
Budget Management
Collaboration
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal

Supply Chain Management

Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Shipping Management
Supplier Management
Warehouse Management

Vendor Management

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

Warehouse Management

Barcoding / RFID
Category Customization
Inventory Management
Location Control
Order Management
Purchasing
Receiving / Putaway Management
Shipping Management

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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