TrustRadius: an HG Insights company

What is Prokuria?

Prokuria is a cloud-based procurement platform, presented as easy to customize, fast-to-start and intuitive with a simple interface to drive greater adoption across departments.

RFIs, RFPs, RFQs
Streamline sourcing decisions with Prokuria's technology - digitized data and features such as:
  • Sealed Bids,
  • Message Center,
  • Supplier Engagement Monitoring,
  • Internal Collaboration,
  • Smart Alerts & Reminders,
  • Powerful Questionnaires,
  • Audit Logs, and more can put the right supplier on top at all times
Reverse Auctions for big impact
To change the way buyers and suppliers interact, Prokuria's tools and features include:
  • British Reverse Auctions,
  • Dutch Auctions,
  • Dynamic Allocations,
  • Multiple Factor Auction (MFA),
  • Supplier Engagement Monitor,
  • Set-up for competition (multiple settings available: show or hide rank and best bid, bid at item level or at the total price),
  • Message Center,
  • Audit logs.
Requisition & Approvals
To stay on top of requisition, approvals, and budget tracking, Prokuria's workflow configuring system aims to put everything right in front of the user at all times, there is no juggling or checking up past transactions every day anymore, where the user can view real-time updates.

Supplier Management
Prokuria's supplier management software helps streamline supply chain with features like:
  • Central Directory,
  • Supplier Onboarding,
  • Approval Flows,
  • Suppliers Scorecards,
  • Supplier Segmentation,
  • Smart Automations,
  • Internal Collaboration,
  • Audit logs,
  • Smart Alerts & Reminders.
Purchase Orders
The use of technology has eliminated manual work and coordinated purchasing processes with Prokuria's Interactive Purchase Order. Users can collaborate while tracking updates in real-time.

Contract repository
Keep contracts and paperwork in order with a contract repository. To avoid missing deadlines, users can keep everything at hand.

Supplier Price Monitoring
To keep an eye on the price of products, promotions, and stock in any country or online shop. With features like:
  • Data History Alerts & Notifications
  • Customizable Reports
  • Data Export
  • API
To support the procurement process, Prokuria uses several different approaches with a focus on:
  • Ease of use
  • Free-trial
  • Fast implementation
  • In-depth customizations & data migration
  • Internal collaboration
  • Usability
  • Latest standards in design and UX

Categories & Use Cases

Media

Suppliers are provided with a clear, structured template via which to offer their responses
Real time tracking of suppliers and their responses
Users can view the status of Requests before archiving, deleting or duplicating them
Suppliers can opt to retract their response after sending it
Prokuria requires no set-up for suppliers, facilitating their participation in Requests
Buyers can run and manage reverse auctions with Prokuria
Buyers can compare supplier responses and questionnaires before taking a decision
A dashboard provides a centralized overview of all requests
Efficient contract management by use of dedicated tools
Efficient supplier management by use of dedicated tools like Supplier Relationship Management-SRM, Segmentation, Performance Reviews, Onboarding, Scorecards.
Structured, one-page requests help to eliminate confusion, mistakes, or delays from suppliers
A centralized dashboard provides a clear overview of all purchase orders
Centralized and customizable Purchase Order view in status Approved
Purchase Order in status Pending Approval
Purchase Order - Supplier View
Communicate in real-time through Prokuria's Message Center  in our Purchase Order - Supplier View

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