Procurement Intelligence Platform

Procurement,simplified withintelligence.

RFQs, vendor bids, and contract awards — all in one platform. Move faster, negotiate smarter, and close deals with confidence.

2.4k+
RFQs processed
98%
Bid response rate
Faster cycle time
Procurement Dashboard
24
Active RFQs
↑ 12%
147
Total Bids
↑ 8%
38
Vendors
↑ 5%
Office Equipment Q3
8 vendors · 6 bids
Active
IT Infrastructure Upgrade
12 vendors · 11 bids
Evaluating
Catering Services 2025
5 vendors · 5 bids
Awarded
Trusted by procurement teams worldwide
50+
procurement teams
1k
RFQs published
₹50L
sourced annually
Features

Everything your procurement
team needs to move fast

From the first RFQ to the final contract — Procurexio handles the entire sourcing cycle.

RFQ Management
Create structured RFQs with line items, deadlines, and custom evaluation criteria. Publish in minutes.
Vendor Collaboration
Invite vendors by email, manage approvals, and keep all communication centralized per RFQ.
Bid Comparison
Side-by-side bid analysis with weighted scoring. Instantly spot the best value, not just the lowest price.
Smart Evaluation
Score bids on technical and commercial criteria. Collaborative team scoring with audit trails.
Contract Awarding
Award contracts with one click. Auto-notify winning and non-winning vendors with custom messages.
Smart Notifications
Real-time alerts for bid submissions, deadlines, and status changes. Never miss a critical update.
How it Works

Three steps to smarter procurement

From requirements to awarded contract — Procurexio cuts your sourcing cycle in half.

01
📋
Create & Publish RFQ
Define your requirements with line items, specifications, and deadline. Set evaluation criteria — price, quality, delivery — however you need.
Customizable templates · Deadline management · Multi-item support
02
🤝
Invite Vendors & Receive Bids
Invite from your vendor library or add new ones on the fly. Vendors submit structured bids through their dedicated portal — no email chaos.
Email invitations · Vendor portal · Real-time tracking
03
🏆
Evaluate, Compare & Award
Compare bids side-by-side with weighted scoring. Collaborate with your team, then award the contract — with auto-notifications to all vendors.
Scoring engine · Team collaboration · Instant award notifications
Product Preview

Your procurement hub, beautifully organized

Every RFQ, bid, and vendor relationship in one clean dashboard.

procurexio.com/dashboard/rfqs
Dashboard
RFQs
Bids
Vendors
Contracts
Notifications
RFQ Management
Total RFQs
24
+3 this week
Active Bids
147
+12 today
Awarded
18
+2 this week
Vendors
38
+5 this month
Title
Bids
Deadline
Value
Status
Office Equipment Q3
8
Jul 15
$48k
Active
IT Infrastructure
11
Jul 22
$240k
Evaluating
Catering Services
5
Jun 30
$18k
Awarded
Security Systems
3
Aug 05
$92k
Draft
📊
Bid Analytics
Compare bids on price, quality and delivery with weighted scoring.
🔔
Real-time Alerts
Instant notifications when bids come in, deadlines approach, or contracts are awarded.
📁
Contract Records
Every awarded contract archived and searchable — full audit trail included.
Built for every role

One platform. Four jobs to be done.

Procurement, finance, vendors, and operations all see the same source of truth — but each gets the workflow they actually need.

For Procurement Managers

Run more RFQs without burning out

Today you live in spreadsheets, email threads, and constant follow-ups with vendors who never reply on time.

  • Publish an RFQ in under 10 minutes from a saved template
  • Auto-remind vendors at T-72h, T-24h, and T-1h before deadline
  • Compare bids side-by-side with weighted scoring built in
  • Award and close out the loop with one click
3.1×
faster sourcing cycle
Integrations

Plays nicely with your stack

Connect Procurexio to the systems your team already uses. Sync vendor records, push awarded contracts to your ERP, get bid alerts in Slack — no extra clicks.

ERP & Finance
SAPOracle NetSuiteMicrosoft DynamicsQuickBooksXeroZoho Books
Procurement & Sourcing
CoupaAribaJaggaerTradogramProcurify
Communication
SlackMicrosoft TeamsGmailOutlookWhatsApp Business
Storage & Docs
Google DriveDropboxOneDriveDocuSignAdobe Sign
Developer API

Build your own integrations

A clean REST API and webhooks for every event — RFQ published, bid received, contract awarded. Ship custom workflows in a weekend, not a quarter.

Read API docs
// Subscribe to bid events
POST /v1/webhooks
{
"event": "bid.submitted",
"url": "https://your-app.com/hook"
}
Customer Stories

Procurement teams ship faster
with Procurexio

From mid-market manufacturers to enterprise sourcing teams — see why procurement leaders chose us over their legacy tools.

12,400+
RFQs published
₹50L
sourced through Procurexio
3.1×
faster award cycle
98%
vendor response rate

We cut our average sourcing cycle from 28 days to 9. The bid comparison matrix alone is worth it — our team finally stops arguing about spreadsheets.

PS
Priya Sharma
Head of Procurement · Greenfuel Energy

Finally, a procurement tool built for how teams actually work. Our vendors love it too — the invitation flow is dead simple and we get more bids back.

AV
Ankit Verma
VP Operations · Sugam Logistics

The audit trail and role-based controls were non-negotiable for us. Procurexio passed our InfoSec review on the first try. Rolled it out to 4 business units in 6 weeks.

MI
Meera Iyer
CFO · Petron Industrial

We evaluated five tools. This was the only one that didn't need three weeks of consulting just to publish an RFQ. We were live the same afternoon.

RM
Rohan Mehta
Director of Sourcing · Northway Industries
Security & Compliance

Built for the requirements your security team actually has

Procurement data is some of the most sensitive in your business — pricing, vendor contracts, and award decisions. We treat it that way, with the certifications and controls enterprises require.

SOC 2
Type II
Audited annually
ISO
27001
Information security
GDPR
Compliant
EU data protection
HIPAA
Ready
Healthcare procurement
Encryption everywhere
AES-256 at rest, TLS 1.3 in transit. Keys rotated automatically and never leave our HSM-backed key store.
Granular RBAC
Role-based access down to the line item. Separate buyers, approvers, observers, and external vendors with full auditability.
Immutable audit log
Every RFQ edit, bid view, score change, and award decision recorded with timestamp, IP, and actor. Export to your SIEM.
SSO + 2FA
SAML 2.0 and OIDC for enterprise SSO (Okta, Azure AD, Google Workspace). TOTP and WebAuthn for individual accounts.
Data residency
Choose where your data lives — US, EU, India, or AU regions. Cross-border replication is opt-in, never default.
99.95% uptime SLA
Multi-region active-active deployment with automatic failover. Live status page and incident-history transparency.
Pricing

Simple, transparent pricing

No hidden fees. No surprise invoices. Cancel anytime.

Free
0/mo

Get started with procurement basics. Perfect for small teams just getting organized.

  • Up to 5 RFQs/month
  • 10 vendor invitations
  • Basic bid comparison
  • Email notifications
  • 1 team member
  • Community support
Start for free
Most Popular
Pro
1499/mo

Everything your team needs to run a full procurement operation at scale.

  • Unlimited RFQs
  • Unlimited vendors
  • Advanced bid scoring
  • Team collaboration (10 seats)
  • Contract management
  • Priority email support
  • Audit trail & reporting
  • Custom evaluation criteria
Start free trial
Enterprise
Custom

For large organizations with complex procurement workflows and compliance needs.

  • Everything in Pro
  • Unlimited team seats
  • SSO / SAML authentication
  • Dedicated success manager
  • Custom integrations & API
  • SLA guarantees
  • On-premise deployment option
  • Custom contract terms
Contact sales

All plans include a 14-day free trial. No credit card required. Compare all features →

FAQ

Questions every
procurement team asks

The honest answers to what teams ask us before they sign up. If we missed yours, just reach out — we’ll usually reply within a few hours.

Still have questions?
Talk to a real procurement specialist — not a chatbot.
Contact our team
Most teams publish their first RFQ on the same day they sign up. There is no implementation project — you create your account, invite your team, import or add your vendors, and you are live. For enterprise rollouts with SSO and custom approval flows, plan on 1–2 weeks.
No. Vendors are invited by email and bid for free, forever. They get a focused vendor portal where they see only their RFQs, submit pricing, and track status. You only pay for seats inside your own company.
Yes. We support CSV import for vendor records, RFQ templates, and historical contracts. For Coupa, Ariba, and Jaggaer migrations specifically, our team has done it before — talk to us about a guided migration.
Pricing scales with the number of internal seats and the volume of RFQs you publish per month. Vendors are always free. There are no per-bid fees, no setup fees, no charge for storage. Annual contracts get a 20% discount.
Yes. We are SOC 2 Type II audited, ISO 27001 certified, and GDPR compliant. Data is encrypted at rest (AES-256) and in transit (TLS 1.3). You choose the data residency region (US, EU, India, AU). See our security section for the full picture.
Yes — on Pro and Enterprise plans. You can configure multi-stage approval matrices based on contract value, business unit, vendor category, or any custom field. Approvers get notified inline and can approve from email, mobile, or Slack.
Procurexio auto-notifies the winning and losing vendors with custom messages, generates the contract record with all line-item pricing, and pushes the award event to any connected ERP via API or webhook. The full audit trail is locked at award time.
On the Enterprise plan, yes. You can customize logo, colors, custom domain (vendors.yourcompany.com), and the email sender domain. Your vendors see your brand, not ours.
Free plan gets community support and our help center. Pro plan includes email support with a 24-hour SLA. Enterprise customers get a dedicated success manager, Slack channel, and same-business-day response times for critical issues.
The Free plan is genuinely free forever — up to 5 users, 10 RFQs/month, and 25 vendors. The Pro plan includes a 14-day free trial with no credit card required. Enterprise plans get a tailored proof-of-value engagement.
Get started today

Start managing procurement
the smarter way

Join hundreds of procurement teams who've cut their sourcing cycle in half. Free to start, no credit card required.

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