Achieve sourcing goals with the right data.

Leverage the power of Artificial Intelligence and Human Intelligence for spend data you can trust.

Spend Analytics & Visibility

Spend Forecasting & Demand Planning

Opportunities & Savings Pipeline

AI + Human Intelligence.

AI+ Human Intelligence for 100% visibility including tail spend to discover significant savings opportunities and increased compliance.

100% Visibility

Leverage a single source of truth to drill down to the deepest level.

99% Accuracy

Accuracy with spend classification so you can trust your data.

Integrate data from multiple sources.

Connect and draw data from ERPs, T&E, AP, POs, Contracts, P-cards and more. Access all your data from a single source of truth.

enterprise

ERP Systems

SAP, Oracle, Workday, MS Dynamis etc.
travel

T&E

Concur, TripActions etc.
purchase

P-cards

Wells Fargo, Chase etc.
purchase-order

Purchase Orders

PDF format supported
invoice

Invoices

PDF Format supported
inventory

Other Systems

AP, PR to PO, Inventory Management etc.

Taxonomy that reflects sourcing buckets.

Categorize directly to your organizational taxonomy, UNSPSC or any other standard code of your choice. We can also help you improve your current taxonomy or build a new one for better savings insights.

Classify uptill Level 5

Our AI+ Human Intelligence engine enables the deepest level of categorization with 99% accuracy.

Robust Normalization & Enrichment.

Advanced Supplier Normalization leveraging AI. Parent-child vendor relationship enrichment to help you map supplier families clearly and consolidate contracts quickly.

Market Intelligence and Supplier Risk.

Leverage our category market intelligence. Enrich data with third-party sources including category benchmarks, supplier financial data, and other insights.

15%

Average Savings

across projects

4.7

Flexibility & Ease

with collaboration

98% of customers see 15X ROI within the first 3 months of Proacure.

Over 15+ Clients

IMG

Spend Analytics for a 104 Billion Insurance firm.

Read about how Proacure worked with one of the largest Insurance companies to help them with their spend visibility and analytics.

Proacure enabled a 70% increase in accuracy & depth of categorization for their spend data, and built a suggested taxnonomy to enhance visibility of savings opportunities.

AI driven
Spend Baseline.

Our spend cube is powered by Natural Language Processing to extract metadata from contracts, PO/invoices and consumption data to build a Spend Baseline & Forecast to help you with sourcing.

NLP Metadata extraction

Extract metadata from any type of file format and schema.

Smarter Sourcing

With a clear spend baseline, go into negotiations fully informed.

Consumption Analytics for savings.

Leverage usage logs and contract data to compare and analyze actual usage. Target specific categories and identify under usage or over usage.

65% Savings

Achieve maximum savings with minimal disruption.

Demand Planning & Spend Forecasting.

Predict future demand based on current contracts, consumption patterns, organizational growth, customer acquisition and other metrics. Use predicted insights for smarter sourcing.

Smarter Negotiations.

E-Source & negotiate with data-driven insights and fact-based inputs. Leverage our managed procurement services for easier sourcing and greater savings.

Enhance Savings
with sourcing.

Reduce your RFx bid time to award by more than 300%.
Through dynamic data transparency, supplier
collaboration and automated bid evaluation,
you can now achieve significant savings.

strip2

Better sourcing decisions start here.

Leverage Market Supplier Intelligence with Industry Category expertise for smarter Sourcing negotiations.

Opportunities & Insights at your fingertips.

Discover opportunities and insights for savings, compliance, diversity, innovation and more. Achieve your sourcing goals with targeted opportunities with estimated financial impact and ease of implementation.

Demand Aggregation
Across
Business Units & Suppliers

Opportunity Assessment

Savings

Contract Consolidation
Across
Business & Supplier Subsidiaries

Opportunity Assessment

Savings

Spend with Diverse & Sustainable Suppliers Suppliers

Insights

Diversity

Achieve sustainable savings and more.

Choose from 30+ opportunity and insight reports. We also enable you to identify hidden opportunities, and ensure that savings are sustainable.

Savings

Compliance

Diversity

Innovation

Payment

Mitigate Risk

Optimize payment terms and cash flow.

Drill down into your data. Discover opportunities to harmonize and negotiate vendor credit & payment terms. Inventory and SKU rationalization for enhanced cash flow.

Increase spending with diverse suppliers.

Identify and monitor spending with diversity suppliers. We enrich your data with over 10+ supplier diversity certifications including minority suppliers, women owned businesses and more.

Build Strategic Supplier Relationships.