Procoto

The product is a procurement management platform that centralizes sourcing requests, vendor data, and contracts to replace spreadsheets, speed up bidding and analysis, and keep renewal dates and terms searchable. It sells to purchasing, operations and finance teams in small to mid-size businesses across sectors such as public sector, property management, construction and logistics. It is delivered as self-service SaaS with templates, workflow approvals and a searchable database.

Key features

• Create RFP templates and invite vendors
• Automated bid comparison and analysis
• Searchable contract and renewal tracking
• Centralized vendor database with contacts
• Vendor performance notes and metrics
• Sourcing event dashboard and status tracking
• Workflow approvals for requests
• Spend visibility and reporting