Our platform is easy to use and requires minimum human involvement from the buyer side. You can simply set up an automatic routing to AIProcur and our engine will take over the negotiations on your behalf. We can negotiate thousands of deals in parallel, so the Procurement team can focus on other more important things.
AI Procur in three steps
1. Funnel your requests into the platform. You can directly upload the data or connect AIProcur to your existing Procurement / ERP system
2. Let AIProcur autonomously reach out to your suppliers via multiple channels and get them to the negotiation table. AIProcur executes a negotiation to reach the optimal deal
3. AIProcur can analyse real-time all the received offers and select the best one. If desired, AIProcur continues the cycle, generating the Purchase Order
Supplier view
Suppliers gets notified and quickly connect to a portal where they are able to negotiate and provide their proposal. Our technology is able to negotiate with them autonomously through a secure negotiation platform where the system follows a smart script in a controlled environment.
Features
- Built in intelligence
- Multi-channel: web, phone and e-mail
- Multiple negotiable terms: e.g. price, payment terms, rebates, etc
- Integrations with leading ERP systems
Solution types
AIProcur can be embedded as a plug-in with an existing Procurement or ERP system, or run as a standalone solution, both solutions enjoy the same core engine capabilities. If embedded, AIProcur can run on autopilot pulling all necessary data from the system, staying in the background and generating savings and working capital improvements automatically.
> On autopilot:
The engine is integrated into an enterprise deployment via APIs and runs in the backend on autopilot.
- Recommended for tail and tactical spend negotiations.
- Qualifying purchase requests are routed to AIProcur.
- Once the flow reaches AIProcur, the engine autonomously negotiates better terms with the suppliers.
- The purchase request is automatically updated with new terms.
> On-demand:
AIProcur is deployed as a standalone SaaS solution and is triggered on-demand by the buyer.
- Recommended for higher value & higher risk spend negotiations.
- Buyers input the information required for the negotiation into AIProcur’s platform.
- AIProcur quickly gets the suppliers to negotiate.
- AIProcur can provide different types of outputs depending on the specific use case applied, such as preferred options, improved terms, quotation or binding POs.
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