GoProcure
Digitize and manage unmanaged spend with AI-powered procurement for enterprises.
Executive Summary
GoProcure is a smart B2B e-commerce and procurement platform designed to digitize and manage an organization's unmanaged or 'tail spend'. It provides a frictionless buying experience through a vast supplier marketplace, leveraging AI and machine learning to offer business insights, reduce risk, ensure compliance, and drive cost savings for enterprises. The platform is used by corporate buyers, procurement, finance, and accounts payable teams to gain spend visibility and optimize purchasing processes. It differentiates itself by offering an end-to-end solution with a focus on tail spend management and integrated consulting services.
Use Cases
- Managing and optimizing unmanaged or 'tail spend' across the organization.
- Strategic sourcing to identify high-quality suppliers and achieve cost savings.
- Increasing diversity spend by engaging and managing diversity suppliers.
- Digitizing and automating the entire procure-to-pay process from requisition to payment.
- Ensuring compliance with company policies and reducing risk from unapproved purchases.
- Gaining real-time visibility into spend patterns and identifying savings opportunities.
Features
Visibility
- Real-time Reporting: Access real-time reporting to empower Procurement and AP teams and make their workflow efficient.
- Interactive Dashboards: Access dashboards that provide executive level summaries of key metrics and customizable reporting.
- Spend Analysis: Gain insight into your current spend envelope to develop a better understanding of your overall spend.
- Non-PO Purchase Elimination: Gaining visibility into and eliminating non-PO purchases and purchases from unapproved suppliers significantly reduces risk.
Intelligence
- AI-Driven Sourcing: Revolutionize procurement with AI-driven sourcing, automating decisions for smarter, faster purchases.
- Machine Learning for Product/Service Matching: Uses machine learning algorithms to find the best product or service for exact requirements and filter non-compliant suppliers.
- AI-Driven Transparency: Gain total visibility into procurement costs and optimize every dollar spent with AI-powered analytics.
- Automated Approval Workflows: Configure approval workflows to ensure all purchase orders are authorized and streamline the purchasing process.
Support
- Buyer's Desk: Work hand-in-hand with an on-demand Buyer's Desk to fulfill any purchase in minutes.
- Help Desk: Provides support for users through a dedicated Help Desk.
- Training Programs: Offers classroom, online, and webinar training sessions for users.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- Standard enterprise authentication (SSO likely supported)
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
AI/ML Stack
- Machine Learning
Integrations
- SAP
- Oracle
- Coupa
- Ariba
- NetSuite
Security & Compliance
Encryption: TLS in transit, AES-256 at rest (inferred for cloud SaaS)
Data Residency: Cloud-based
Pricing
- Model
- Subscription-based, per user/month, custom enterprise
- Starting Price
- Starting at $50/user/month for small businesses; custom pricing for enterprises.
- Target Customer
- SMB to Enterprise
- Contract Type
- Annual (inferred from subscription model)
- Free Trial
- Yes, Not specified (credit card required)
About GoProcure
GoProcure is a procurement solutions company providing a B2B e-commerce platform that brings together an ecosystem of suppliers, retailers, wholesalers, financial institutions, and shippers. It helps businesses manage tail spend end-to-end, automate transactional procurement processes, and improve control, compliance, and visibility.