Proqura is a complete procure-to-pay spend management solution that helps small and medium sized companies manage their business procurement processes cost-effectively and efficiently. With Proqura, you can digitize the entire procurement process, from the initial purchase request to processing the vendor’s invoice, and everything in between.
Proqura enables companies to create and float requisitions to suppliers, receive and compare offers, issue purchase orders, negotiate contracts, and process invoices all in one easy to use tool.
- Purchase Requests: Enable systematic purchasing by allowing your team to initiate internal requests for goods and services needed by your organization
- Requisitions: Easily create customizable Request for Quotations (RFQs) for goods and commoditized items and Requests for Proposals (RFPs) for complex services
- Compare Offers: Save money with competitive bidding by digitally receiving offers against your requisitions to conduct a product by product, supplier by supplier comparison at a glance
- Negotiate with Suppliers: Achieve the best value for your money by negotiating with suppliers on offered price and additional terms
- Purchase Orders: Issue purchase orders to pre-approved and new vendors
- Receiving: Effortlessly track receiving of your goods and fulfillment of your orders
- Contracts: Increase standardization by designing contracts with suppliers as per your organization’s policies and requirements
- Analytics and Reports: Make informed decisions and get actionable insights. Analyze your procurement data at a granular level and create customized reports.
- Three-Way Matching: Ensure you are billed correctly. Simply match and reconcile your order information, goods receiving, and supplier invoices
- Approval Workflows: Enforce compliance by creating your own approval structures based on multiple levels and conditions
- Product Catalog Management: Limit maverick spend and ad-hoc purchase; engage in an online shopping like experience when procuring pre-approved items from your centralized catalog.
- Supplier Management: Supplier performance management has never been this easy. Pre-qualify suppliers according to your key requirements and rate their performance according to your defined criteria
Proqura Target Market
Typically used by the procurement and accounting and finance teams of small and medium sized companies.
- QuickBooks Online
- Oracle EBS
- SAP Business One
- Microsoft Dynamics
The cost of Proqura starts at $15/user/month for 3 users minimum. There are 3 tiers of pricing, all charged per user per month. There is a free trial available. There is a free version available for the first 2 users.