Explore AI-enabled procurement companies

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Fraxion
FraxionSemi-automated

Procure-to-pay software for proactive spend management. Fraxion is the trusted software choice for mid-size companies worldwide, offering automation solutions for purchasing, expense, and accounts payable processes with advanced spend analytics. Fraxion’s procure-to-pay solution provides complete visibility, digital workflows, and proactive controls, making it the go-to solution for organizations seeking procurement efficiency and spend control. Fraxion actively manages over $16 billion of spend per annum at over 1,000 organizations, with more than 200,000 users. With Fraxion, you can drive accountable, policy-compliant spending company-wide and attain audit transparency via centralized digital records. Initiate time savings and operational cost reductions by adopting Fraxion's easy, mobile, and integration-ready procure-to-pay solution.

three-way-matchingspend-analyticsintake-managementworkflow-automation
Scanmarket by Unit4
Scanmarket by Unit4Semi-automated
DKFounded 1999Sourcing Supplier Discovery

Scanmarket by Unit4 is an industry-agnostic source-to-contract (S2C) software attuned to meet the needs of the modern Chief Procurement Officer with applications for strategic sourcing, contract management, and supplier and vendor management. The platform’s advanced functionalities in an effortless design and top-notch customer service drive user adoption to ensure your digital transformation is as simple as it should be. This technology is the solution your large enterprise organization needs to maintain the agility and efficiency required to pivot to meet the goals of today, and prepare for the challenges of tomorrow.

spend-analyticssupplier-discoveryrfx-automationbid-evaluationcontract-lifecycle-management
Ascend Group
Ascend GroupAssistive

🚀 About Us: Ascend Group is not just a conglomerate of tech companies; we're on a mission to revolutionize millions of lives and businesses across Southeast Asia. 🌟 Our Vision: At the core of our philosophy is the unwavering belief in the potential of technology to elevate living standards and business operations in our region. We're committed to harnessing tech's power to redefine how people live, work, pay, have fun, and conduct business daily. For us, these tools are the key to solving the everyday challenges faced by individuals and businesses in our community. 💼 Our Endeavors: Through innovation, data analytics, and robust platforms, Ascend Group operates through subsidiaries that include Ascend Money (serving the underserved in FinTech), Ascend Commerce (offering e-Commerce, e-Procurement, Fulfilment, and Digital Marketing Services), and True IDC (providing Data Center and Cloud Services). Starting in Bangkok, Thailand, our reach now extends across the region, with local operations in Cambodia, Myanmar, Vietnam, Indonesia, Malaysia and the Philippines. 🤝 Our Partnerships: By collaborating with top-tier tech talents, trusted partners, regulators, and local communities, our goal is to create brighter opportunities for everyone in Southeast Asia. We're dedicated to achieving this through digital services and infrastructure that empower individuals and businesses alike. 🌄 Join Us in Transforming Tomorrow: If you're excited about driving positive change and helping transform our region for a better future, we invite you to explore opportunities at Ascend Group. Join our team today, and let's shape tomorrow together!

spend-analyticsmarket-intelligence
Meplato GmbH
Meplato GmbHSemi-automated
DEFounded 2005Intake Orchestration

ABOUT MEPLATO As a technology and procurement service provider, Meplato connects buyers and suppliers in the context of digitization, purchasing 4.0, big data, collaboration and networking in the best possible technical and commercial way. Meplato actively supports purchasing companies to integrate real-time content according to their supplier integration strategy and offers various content management options. In this process, Meplato ensures that the entire content is available in a consistently high quality, as well as covering different supplier relationships and business models, various procurement channels and real-time available assortments. CONNECTING BUYERS & SUPPLIERS We aim to increase self service and automation at buy side clients by providing catalogs & spot buy services with end-to-end connected suppliers in a 1-Creditor business model. Therefore, we connect buyers & suppliers in the most efficient and suitable way that supports both, buyers and sellers strategy best. We, as a partner, want to offer suppliers fair and transparent sales options with dedicated support in system integration and automation. To improve our performance we use data analytics to drive decisions and monitor perfect match, best price, target price and best fitting portfolio. We provide content in closed Corporate Malls. This means that prices and product ranges are not publicly visible for other buying companies and suppliers. Meplato is a real valued B2B procurement service provider in terms of 100% transparency, compliance and fair business rules & ethics for all partners.

supplier-discoveryspend-analytics
Proacure
ProacureAssistive
USFounded 2017Strategy Spend Intelligence

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

spend-classificationspend-analyticssupplier-risk-monitoring
Team Procure
Team ProcureSemi-automated
USFounded 2016Sourcing Supplier Discovery

Team Procure is a cloud-based procurement platform that streamlines the management of all your purchasing processes and inventory through a unified application. We cater to both SMB and Enterprise customers across a broad spectrum of industries, from manufacturing and construction to non-profit and more.

spend-analyticsrfx-automationbid-evaluation
EffiGO
EffiGOSemi-automated
INFounded 2010Procure To Pay Automation

EffiGO Global (EG) is a Supply chain enterprise technology company offering cloud based Procurement, Planning, Asset management and Collaboration solutions. EG has 4 divisions through which it caters to almost every supply chain transformation as well as addressing complex challenges. These divisions are Enterprise Apps (most comprehensive set of SaaS based procurement and collaboration applications that caters to every single processes in procurement and efficient collaboration with suppliers). Design Labs (a customized platform as a service offering where the solution can be fully tailored around customer requirements and offered in subscription model. Our Design Labs offerings vary from asset intelligence, supply chain planning or market places). EG One (a fully AI based set of processes based applications that comes all the best practices built-in and customers can start using it within 48 hours of subscribing it) and Advisory (a class leading team of supply chain advisors who can undertake business strategy, transformations, project implementations and RoI services) We have proudly served 150+ customers from real estate, construction, automotive, manufacturing, retail, FSI, hospitality, life sciences, Government customers with many being advocates. Starting in 2010 from Bangalore, we have invested heavily in over 200 IPs, 30+ solutions, 200+ Man years of experience and have optimized over USD 15 bn of our customer’s spend. Today we have offices in Bangalore, Mumbai, Hyderabad, Delhi, Dubai and shortly opening our centers in Malaysia, US and UK. Technology: Cloud bases SaaS Enterprise Applications – Procurement, Collaboration, SCM Services: SCM Strategy consulting, Technology implementation, Managed services, RoI Services (eAuctions, Managed Procurement, etc)

rfx-automationthree-way-matchingspend-analytics
Local Line
Local LineSemi-automated
CAFounded 2015Sourcing Supplier Discovery

Local Line transforms the fragmented local food system into a unified marketplace that enables farmers to sell direct to all kinds of food buyers including restaurants, grocers, distributors, and households. We make local food procurement easy for high-volume wholesale buyers by aggregating supply and seamlessly integrating into their existing workflows and supply chains. We work with over 10,000 family farms in over 14 countries, helping them sell to some of the most recognized restaurant and grocery brands in the world. Our platform has taken a traditionally chaotic industry and harmonized its operations, effectively helping to shorten supply chains, increase farmer margins, and improve the overall food system.

supplier-discoveryspend-analytics
Simfoni
SimfoniSemi-automated

Simfoni provides Spend Analytics, eSourcing, and Tail Spend Management solutions to leading global enterprises. The Simfoni platform utilizes machine learning and artificial intelligence to accelerate and automate key aspects of the procurement process, saving customers time and money and paving the way toward supply chain sustainability. With offices in the USA, Europe, Australia, and the Middle East, Simfoni works with its customers and the wider vendor community to improve vendor diversity and achieve strategic corporate social responsibility objectives.

spend-classificationspend-analytics
Gearflow
GearflowSemi-automated
USFounded 2018Sourcing Supplier Discovery

Gearflow is the AI-powered procurement platform built for the people who build, power, and move the world. In heavy civil construction, downtime isn't just expensive - it’s unacceptable. When a machine goes down, contractors need fast, informed decisions to keep jobs moving. But procurement today is still offline, reactive, and disconnected from the tools teams rely on to manage fleets. The challenge is unique. Decisions are time critical. Coordination spans across fleet, shop, and field. And issues like sourcing parts or rentals happen constantly. Gearflow bridges the gap between CMMS and ERP systems with a platform built specifically for this complexity. With optimal sourcing recommendations and complete visibility into vendors, fleets, and team performance, we help contractors move faster, operate with confidence, and stay on budget. Built alongside the industry’s leading contractors and dealers, Gearflow reimagines procurement as a strategic advantage - so jobs don’t stop when equipment does. Contractors love us. And we’re just getting started. Spots are now open to be part of our beta - reach out to join us!

rfx-automationspend-analyticssupplier-discoveryworkflow-automation
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