SutiProcure

SutiProcure is an online procurement software solution designed to automate and streamline the procure-to-pay cycle. According to the vendor, it caters to businesses of various sizes, ranging from small and medium-sized enterprises (SMEs) to large enterprises. Procurement managers, supply chain managers, finance managers, operations managers, and manufacturing companies across different industries reportedly use SutiProcure to optimize spending strategies, manage supplier relationships, and gain insights into purchasing information.

Key Features

Catalog Management: According to the vendor, SutiProcure provides a responsive catalog and shopping cart functionality to simplify the purchasing process. It aims to control spending and enhance procurement process efficiency.

e-Sourcing: The vendor claims that SutiProcure offers robust sourcing tools to send RFQs (Request for Quotations) to suppliers and evaluate their responses quickly. This feature is said to enable efficient contract awarding.

Flexible Approval Workflow: SutiProcure reportedly allows users to configure automated approval workflows based on criteria such as amount, employee, and department. The vendor states that this feature streamlines the procure-to-pay process by ensuring appropriate routing, escalation, and approval of requisition requests.

Contracts: According to the vendor, SutiProcure enables users to create, manage, and track contracts throughout their lifecycle. It aims to reduce the time and effort involved in contract management, from initial requests to maintenance and renewals.

Purchase Orders: The vendor claims that SutiProcure facilitates the creation, management, and tracking of various types of purchase orders, including standard, blanket, and contract purchase orders. The solution is said to provide increased visibility and control over the entire purchase order management process.

AI Enabled Budget Control: According to the vendor, SutiProcure allows users to create budgets and track expenses in real-time. This feature is claimed to help organizations stay on top of their spending and make informed decisions throughout the procurement process.

Receipt Management: SutiProcure reportedly allows users to record details of received goods with Goods Receipt Notes (GRN). According to the vendor, this feature helps ensure compliance with negotiated contract terms for received goods.

Intelligent Invoice Processing and Matching: With integrated SutiAP integration, SutiProcure provides intelligent invoice matching capabilities, including 2-way, 3-way, or N-way matching options. The vendor states that this feature automates the invoice matching and validation process.

Accounting & ERP Integrations: SutiProcure integrates with existing accounting systems and third-party ERP solutions, such as Microsoft Dynamics GP, NetSuite, QuickBooks, and Sage. According to the vendor, this seamless integration allows for efficient data transfer.

Inventory: The vendor claims that SutiProcure monitors inventory levels and sends out alerts to forecast demand. This feature is said to help automate the inventory management process and minimize costs.