AI Native Procurement Software Built by Procurement Leaders

Cutting Costs & Saving Time in Manufacturing Procurement

AI Powered RFQ Management

RFQ Management

 

The RFQ Management feature of Procurable streamlines the process of creating, sending, and managing Requests for Quotations (RFQs). With built-in AI capabilities, Procurable helps automate vendor selection and compare quotes,  enabling faster and more informed decision-making. 

Estimate Costs

Should Cost Analysis

Procurable’s AI-powered Should-Cost Analysis Tool helps manufacturing procurement teams estimate the true cost of parts—without relying on complex 3D models. By analyzing 2D drawings, part specifications, material types, and production processes, the tool generates accurate, transparent cost breakdowns in minutes. These insights empower sourcing teams to negotiate better prices, identify savings opportunities, and avoid overpaying for components. With Procurable, should-cost analysis becomes fast, accessible, and scalable—no engineering degree required.

Reduce Direct Materials Cost

Cost Reduction Engine

Procurable’s Cost Reduction Engine helps procurement teams systematically identify and capture savings opportunities. It analyzes historical purchase data, supplier performance, and market benchmarks to surface high-impact cost reduction ideas. The engine also leverages AI to recommend alternative suppliers, suggest negotiation targets, and uncover inefficiencies. Integrated directly into your RFQ and purchasing workflows, it turns insights into action with minimal effort.

Manage Performance

Supplier Management

No matter where you place orders, Procurable delivers live supplier scorecards. Get real-time visibility into supplier performance across quality, delivery, and cost. Procurable’s Supplier Management module also doubles as a centralized contract repository. It analyzes and summarizes supplier agreements for you, automatically flagging contracts that are nearing expiration to help you stay ahead.

Streamlines Procurement Processes

Request To Procure Management

Procurable’s Request to Procure module streamlines procurement from the very first step. It centralizes all purchasing requests—across teams, sites, and departments—into a single, user-friendly interface. Requests are automatically routed through adaptive approval workflows based on category, spend thresholds, urgency, and more. Once approved, purchase orders are generated and tracked seamlessly within the same platform. This ensures control, compliance, and speed—without the email chaos.

Optimize with Ease

A Single, Powerful,
Intuitive Platform

Dive into the world of data-driven supply chain management. Get started today and watch your business thrive.

Works Closely with Your Tech-stack

Seamless Integration with Leading Platforms

Procurable is designed to integrate effortlessly with a wide range of popular platforms, ensuring a secure and smooth connection with your existing tools and services.