TrustRadius Insights
ProcurePort is highly recommended by users for businesses looking to streamline their procurement process and achieve better outcomes for …
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- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
- About
- Tech Details
What is ProcurePort?
ProcurePort Features
- Supported: Cataloging/Categorization
- Supported: Contract/License Management
- Supported: Inventory Management
- Supported: Invoice Processing
- Supported: Purchase Order Management
- Supported: Receiving/Putaway Management
- Supported: Requisition Management
- Supported: Sourcing Management
- Supported: Spend Management
- Supported: Supplier Management
- Supported: Alerts/Notifications
- Supported: Bid Management
- Supported: Online Auction
- Supported: Online Bidding
- Supported: Proxy Bidding
- Supported: Reverse Bidding
- Supported: Compliance Management
- Supported: Collaboration Tools
- Supported: Data Import/Export
- Supported: Due Date Tracking
- Supported: Knowledge Library
- Supported: Progress Tracking
- Supported: RFP Creation
- Supported: RFP Responding
- Supported: Templates
- Supported: Vendor Management
- Supported: Auction Management
- Supported: Budget Management
- Supported: Rfx Management
- Supported: Spend Analysis
- Supported: Supplier Qualification
- Supported: Supplier Risk Management
- Supported: Supplier Web Portal
- Supported: Template Management
- Supported: Workflow Management
- Supported: Budgeting/Forecasting
ProcurePort Technical Details
| Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
|---|---|
| Operating Systems | Web-Based, Mac, Windows, Linux, Chromebook, Android, iPhone, iPad |
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Community Insights
TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!
- Business Problems Solved
- Pros
- Cons
ProcurePort is highly recommended by users for businesses looking to streamline their procurement process and achieve better outcomes for auctions. It is used to host reverse auctions, resulting in successful cost savings and overall savings ranging from 6 to 65%. Users appreciate the software's ability to save all auction data in one place, making it easy to review at a later date. Additionally, suppliers can continue submitting lower proposals during live auctions, which has helped drive down pricing.
ProcurePort is also utilized to consolidate the procurement process for PBM services in a more electronically automatic way. Users appreciate the great customer-focused support and quick response from the customer support team. While some features may be missing compared to other tools, like Emptoris and Ariba, users still find the functionality good overall. However, they suggest improving the induction part of the software to better explain the meaning of each change of settings.
Suppliers and potential suppliers have applauded the ease and simplicity of ProcurePort compared to other auction platforms. The software is easy to use and offers configuration options along with responsive customer support. It has been a reliable E-Auction partner for global companies, providing cost-effective solutions and support. Users highly recommend ProcurePort for bespoke online auction programs, praising the strong support and training provided. Furthermore, it is successfully implemented for in-house RFPs and auctions with a quick setup and comprehensive training provided by the support team.
Overall, ProcurePort addresses the needs of businesses seeking to streamline their procurement process, achieve cost savings through reverse auctions, consolidate procurement activities, and benefit from responsive customer support.
Range of Auction Types: Users have praised ProcurePort for offering a comprehensive range of auction types, including forward auctions, reverse auctions, Dutch auctions, and sealed bid auctions. This flexibility has allowed users to tailor their auction strategy to their specific procurement needs, resulting in a more effective procurement process.
User-Friendly Platform: Reviewers have consistently mentioned that ProcurePort's platform is designed with user experience in mind. They appreciate the clean and intuitive interface that makes it easy to navigate and use. Many users have specifically highlighted that no formal training was required and that the system adoption by their procurement team and suppliers was quick.
Ease of Project Creation: Several reviewers have expressed their satisfaction with how easy it is to create projects in ProcurePort. They find it quick and straightforward to set up auctions, thanks to features such as saved templates in each category. This time-saving aspect has been highly appreciated by users.
Difficult Supplier and Part Upload: Some users have found it challenging to upload suppliers and parts into ProcurePort, expressing their hope for this issue to be resolved in the future.
Lengthy and Complex Auction Configuration: Users have mentioned that the software has a significant number of configuration settings for launching auctions, resulting in a lengthy and complex process.
Occasional Glitches and Missing Features: There have been occasional glitches and missing features reported by users, impacting the overall user experience.