Explore AI procurement companies

Browse AI-enabled procurement companies by workflow, use case, and automation maturity.

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Prosperous AI
USFounded 2023Autonomous Procurement Systems

Prosperous AI — Orchestration for Legacy Methods Prosperous AI turns data into action — instantly. We automate dispatch, order creation, and demand forecasting, giving wholesalers the ability to optimize arbitrage, carrier management, and supply pulls in real time. Our orchestration-level platform goes beyond ERP, delivering optimized recommendations by analyzing internal benchmarks, market fluctuations, margin performance, and lead times all in one place. With Prosperous AI, oil and gas wholesalers can reduce supply chain costs by up to 30%, saving millions annually while gaining clarity, precision, and speed across procurement and delivery operations. Analyze. Forecast. Scenario Plan. Dispatch.

AI AgentsCross-system OrchestrationWorkflow AutomationIntake ManagementAutonomous Sourcing
Keelvar
KeelvarAssistive
IEFounded 2012Autonomous Procurement Systems

The AI-Native Sourcing Solution. ‍Effortless Procurement. Exceptional Results. Keelvar is built with AI at its core - giving procurement teams intelligent reasoning to make faster, more impactful decisions and achieve better outcomes with less effort. Proudly serving customers such as Caterpillar, J&J, Siemens, Coca-Cola and Carlsberg.

RFx AutomationBid EvaluationScenario ModelingAward OptimizationAutonomous Sourcing
PAEVEN
PAEVENAgentic
USFounded 2015Autonomous Procurement Systems

PAEVEN is a website that helps connect architects and engineers with the companies who need their services. We believe that the current model of finding work through the ‘who you know’ mentality is outdated and inefficient. Our goal is to disrupt that mindset and allow architecture and engineering firms to find work based on their skill and experience level, while giving companies the ability to quickly and easily evaluate proposals on an apples to apples basis. Saving time and money is one of our goals; giving people the freedom to spend time doing what they do best is our mission. We believe the client deserves the best firm for the project So we created a network to do just that. We believe in evaluation of firms and bids without bias So we created a software to do that. We believe competition drives innovation So our network and software can handle 100+ bids on any project. We believe in giving back So we donate 10% of everything we make to charity.

Autonomous SourcingRFx AutomationBid EvaluationNegotiation IntelligenceAI Agents
Kip
KipAgentic
USFounded 2014Autonomous Procurement Systems

Social Shopping is a huge pain point in e-Commerce. Group orders rely on manual data entry, and is a painful time-consuming process. Kip is an AI penguin for Social Shopping. We streamline e-commerce group shopping using chat apps, the most popular way social shoppers communicate. Users chat to Kip about things they want to buy, and we pool the orders with their friends to get better deals and save on shipping fees. Our vision is a one-click global checkout for social shopping across multiple platforms.

Intake ManagementWorkflow AutomationCross-system OrchestrationAutonomous SourcingAI Agents
ViaCorex
ViaCorexAgentic
LTFounded 2017Autonomous Procurement Systems

ViaCorex is a cloud-based solution to streamline and centralize procurement and asset management processes. Versatile and simple, ViaCorex is based on best practices from market leaders. With our solution, business: - Increase their procurement and asset management efficiency - Enhance collaboration among different departments - Assure transparency and control over processes - Increase profitability - Real-time data analytics

Autonomous SourcingSupplier DiscoveryRFx AutomationBid EvaluationAI Agents
Proacure
ProacureAgentic
USFounded 2017Autonomous Procurement Systems

Proacure Corp., is an AI procurement analytics & visibility company. 1. Strategic Spend - We will take your spend data, analyze it by category and which suppliers are you buying from and which business units are buying the item and if there is an underlying contract. The Spend Diagnostic enables to aggregate the spend across similar categories and consolidate the contracts as well. The differentiator is the taxonomy, spend categorization coverage (99%), classification accuracy, parent-child trees, for a 360-degree view. The deliverable is a data-driven plan (with actionable insights and opportunity assessment) for strategic sourcing to realize savings and reduce maverick spend. The Spend Analytics goes far beyond the usual Spend Cube to include consumption analysis, demand management, contract analytics, supplier intelligence, supply chain risk, diversity & sustainability certifications, payments, and any additional inputs required for a smarter sourcing & negotiation. 2. Tail Spend - The Solution categorizes P-card & Tail spend to aggregate with contracted spend, rationalize vendors and discover hidden savings 5-20%. It helps understand requisition patterns, segment the tail and carve out a strategy for Long tail sourcing. The deliverable is supplier rationalization (tail has 80% suppliers) and enhanced compliance. Our expertise lies in indirect categories like IT, marketing, professional services, facilities management, etc. and direct categories for pharma/biotech, chemicals/plastics, hospitality/entertainment, Insurance, Technology & Internet, transportation, etc. The team consists of US-based ex-McKinsey, BCG, GE subject matter experts with data scientists & analytics experts. Learn More about us: www.proacure.com

Supplier DiscoveryRFx AutomationBid EvaluationAutonomous SourcingAI Agents
Soource
SoourceAutonomous
ITFounded 2023Sourcing & Supplier Discovery

✨ Soource sets a new standard for supplier research and selection, shaping the future of procurement. We provide access to a vast global database of companies and automate the collection of suppliers information through mass email exchanges. This helps procurement teams reduce: - time spent on sourcing 🕒 - the risk of relying on a few suppliers ⚠️ - the costs of purchased products and services 💲 👉 Our AI autonomously handles repetitive tasks like supplier analysis, allowing procurement managers to focus on strategic activities, such as the final stages of negotiation.

Supplier DiscoveryMarket IntelligenceRFx AutomationBid EvaluationAutonomous Sourcing
Octerra
OcterraAgentic
USFounded 2018Autonomous Procurement Systems

Amplify your budget. Build trust inside your organization and out. Break down the barriers that keep business-critical data siloed and inaccessible. Octerra consolidates your entire creative execution (AKA marketing production or "non-working") sourcing and spend in one place - giving you upstream visibility into your entire production landscape and enabling you to measure better return on ad spend, exchange key information, and build trust both inside your organization and out.

Autonomous SourcingAI AgentsRFx AutomationBid EvaluationWorkflow Automation
Alterra Innovation
CAFounded 2021Autonomous Procurement Systems

Alterra Innovation was inspired by a passion to strive for continuous improvement, operational excellence and sustainable growth. By leveraging and cross-pollinating technologies and best practices from across industries, Alterra presents a fresh set of eyes for any business that is seeking to improve or grow. Alterra Innovation has a proven track record of providing operational benefits to companies in multiple industries, including: - $6M savings in annual packaging costs - 10 days of additional shelf-life for protein products - Procurement of processing equipment for $120M production facility - Lead design and project management for $20M facility retrofit - Technology upgrade saving $1M per year in steel costs for manufacturer - Implementation of cost-price process and structure capturing 4% additional margin on product sales -Lead design on state-of-the-art precision seeding equipment - Centre-of-gravity analysis for selecting distribution centre location for North American company. - Freight Cost analysis, optimization and reduction by 16%. - Supply Chain Engineering to streamline flow of goods in and out of businesses, increasing capacity of existing assets by 30-40%. - Experience with implementing RFID track, trace and inventory technology for numerous business processes. - Leadership Training and Coaching - teaching a unique combination of military, business and sports leadership to best suit a business and individual. In addition to intra-preneurial activities, Alterra manages an intellectual property portfolio with a view to commercializing products or monetizing ideas through licensing and other partnerships.

Intake ManagementWorkflow AutomationCross-system OrchestrationAutonomous SourcingAI Agents
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