ProcureTech

ProcureTech

Technology, Information and Media

Building the digital future of procurement

About us

At ProcureTech we are on a mission to accelerate and amplify the digital future of procurement. Solving the most pressing social, environmental and economic challenges requires new thinking and a new platform for procurement leaders, entrepreneurs and the #procuretech ecosystem. ProcureTech catalyses digital procurement transformation through our proprietary platform of digital procurement solutions, intelligence, approaches and experts. We shift procurement performance through the design and implementation of digital procurement blueprints, procuretech stacks and road maps, that incorporate the dynamic, data-driven insights from 1,000s of digital procurement solutions. Our approach includes the ProcureTech StrategyLAB, ACCELERATOR and SCOUT solutions, which match leading corporates with innovative digital procurement solutions to co-create and deliver smarter successful digital partnerships that scale. ProcureTech is also home to the ProcureTech100. Curated annually with Kearney, the ProcureTech100 are the 100 pioneering digital procurement solutions super charging the enterprise. The ProcureTech platform is the one place that unites and energises the whole digital procurement ecosystem, to build the digital future of procurement. The future altogether. We are all in. Join us.

Industry
Technology, Information and Media
Company size
11-50 employees
Headquarters
London
Type
Privately Held
Founded
2021
Specialties
Procuretech, Digital Procurement, Procurement Transformation, Procurement, Supplier Management, B2B, Sourcing, Contracting, Software, Analytics, Sustainability, Data, Technology, S2C, P2P, eProcurement, Supplier Innovation, Supplier Performance Management, Supplier Risk Management, Cost, and AI

Locations

Employees at ProcureTech

Updates

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    💯 𝗧𝗵𝗲 𝟮𝟬𝟮𝟰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝟭𝟬𝟬 𝗵𝗮𝘀 𝗯𝗲𝗲𝗻 𝗮𝗻𝗻𝗼𝘂𝗻𝗰𝗲𝗱! 💯   These organisations deliver exceptional solutions that solve digital procurement, sustainability, risk, and commercial challenges, supercharging procurement, suppliers, and the enterprise across the globe. Now in its fourth year, the ProcureTech100 is an established programme for procurement leaders seeking inspiring, AI powered digital solutions that drive imperative change. The rigorous and independent selection process for the annual cohort combined quantitative and qualitative data together with panels that incorporated the experience of over 80 global corporate procurement leaders, digital experts, and B2B investors. 𝗥𝗲𝗮𝗱 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝟮𝟬𝟮𝟰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝟭𝟬𝟬, 𝗶𝗻 𝗮𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 Kearney, 𝗵𝗲𝗿𝗲 🔗 https://lnkd.in/gmbgsmfh   👏 𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗮𝗹𝗹 𝘁𝗵𝗼𝘀𝗲 𝘁𝗵𝗮𝘁 𝘄𝗲𝗿𝗲 𝘀𝗲𝗹𝗲𝗰𝘁𝗲𝗱! 👏 #ProcureTech #Kearney #2024ProcureTech100 #Procurement #DigitalProcurement #AI #Innovation

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  • Seasons Greetings! In our final edition of SIGNALS for 2024, we share the gift of the ProcureTech100 Yearbook! Essential holiday reading for procurement leaders, the Yearbook is an established resource for those seeking inspiring, AI-powered digital solutions that are driving imperative change. Created in collaboration with CPOstrategy and now in its fourth edition, the yearbook can be downloaded directly from CPOstrategy.com. #ProcureTech #ProcureTech100 #ProcureTechPioneers

    SIGNALS Issue #25 | December 20, 2024

    SIGNALS Issue #25 | December 20, 2024

    ProcureTech on LinkedIn

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    𝗦𝗲𝗮𝘀𝗼𝗻'𝘀 𝗚𝗿𝗲𝗲𝘁𝗶𝗻𝗴𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵 𝗧𝗲𝗮𝗺! 🎁🎄 2024 has been filled with exciting milestones, industry-changing conversations, and unforgettable events - from the 2024 ProcureTech100 announcement to our Founders’ Circles, summits, webinars, whitepapers, and more! Thank you for being part of the ProcureTech journey. We're looking forward to continuing to build the digital future of procurement in 2025 and beyond. Wishing you all a Merry Christmas and a Happy New Year! 🎉 #ProcureTech #MerryChristmas #HappyNewYear #FutureOfProcurement

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    𝗪𝗲'𝗿𝗲 𝗲𝘅𝗰𝗶𝘁𝗲𝗱 𝘁𝗼 𝘀𝗵𝗮𝗿𝗲 𝘁𝗵𝗮𝘁 ProcureTech 𝗶𝘀 𝗳𝗲𝗮𝘁𝘂𝗿𝗲𝗱 𝗼𝗻 𝘁𝗵𝗲 𝗰𝗼𝘃𝗲𝗿 𝗼𝗳 𝗖𝗣𝗢𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆’𝘀 𝗹𝗮𝘁𝗲𝘀𝘁 𝗶𝘀𝘀𝘂𝗲! 🎉 In this special edition... 📈 Explore Josephine Walbank's article on 2024 procurement technology trends, highlighting how new market demands and evolving work practices are reshaping the digital procurement landscape. 🗣️ Read 10 standout ProcureTechSTARS interviews and discover inspiring stories from the CEOs and Founders of leading solutions in the 2024 ProcureTech100 cohort, written by Mutya Buena Benerayan. 📄 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗶𝘀𝘀𝘂𝗲 𝗵𝗲𝗿𝗲 🔗 https://lnkd.in/gYvHMcQA #ProcureTech #CPOStrategy #2024ProcureTech100 #Procurement #DigitalProcurement #ProcureTechSTARS #Technology

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    🌟 𝗖𝗲𝗹𝗲𝗯𝗿𝗮𝘁𝗶𝗻𝗴 𝘁𝗵𝗲 𝟮𝟬𝟮𝟰 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝗦𝗧𝗔𝗥𝗦! 🌟 This year, we’ve had the privilege of hosting 18 insightful conversations with the CEOs and Founders of leading digital procurement solutions through our ProcureTechSTARS series. Since launching the series, we’ve held 68 conversations, providing a behind-the-scenes look at the inspiring journeys of digital procurement CEOs and Founders, and the innovative solutions they’re building to shape the future of procurement. A huge thanks to Lance Younger for leading these engaging discussions and to all the brilliant leaders who shared their stories, challenges, and visions for the future. We’re excited to keep the conversations going with more leaders in 2025 - stay tuned for what’s next! 𝗖𝗵𝗲𝗰𝗸 𝗼𝘂𝘁 𝗮𝗹𝗹 𝘁𝗵𝗲 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝗦𝗧𝗔𝗥𝗦 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻𝘀 𝗵𝗲𝗿𝗲 🔗 https://lnkd.in/gfz7VJDa #ProcureTech #ProcureTechSTARS #DigitalProcurement #Innovation #Leadership #FutureOfProcurement

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  • In an interactive roundtable discussion, ProcureTech CEO Lance Younger, together with Certa.ai Founder and CEO Jag Lamba, discussed the continued application of GenAI across procurement and supplier management with Adrian Bower, CPO of Entain, and Huso Hasanovic, Executive Director, Digital Sourcing and Procurement at Estée Lauder. 𝗥𝗲𝗮𝗱 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝘂𝗻𝗶𝗾𝘂𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝘄𝗲𝗯𝗶𝗻𝗮𝗿 𝗼𝗻 𝗦𝗢𝗨𝗥𝗖𝗘 🔗 https://lnkd.in/gFjB9pEQ 𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝘁𝗵𝗲 𝘄𝗵𝗶𝘁𝗲𝗽𝗮𝗽𝗲𝗿 🔗 https://lnkd.in/gGaKUDQs #ProcureTech #Certa #Procurement #DigitalProcurement #GenAI #SupplierLifecycle

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    𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵 𝗚𝗘𝗡𝗘𝗥𝗔𝗧𝗜𝗢𝗡 (𝗦𝗲𝗽𝘁𝗲𝗺𝗯𝗲𝗿 𝟮𝟬𝟮𝟰) 𝘄𝗶𝘁𝗵 Nitin Kapoor, 𝗩𝗣, 𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗺𝗲𝗻𝘁 𝗖𝗢𝗘 𝗼𝗳 GSK 🛠️ Fine-tuning the GenAI requirement to procurement is exciting. ✅ Driving automation will help unlock even more value. 🤝 Compatibility, understanding business requirements, and customising solutions to business needs are essential for a successful digital procurement partnership. 𝗛𝗲𝗮𝗿 𝗺𝗼𝗿𝗲 𝗳𝗿𝗼𝗺 Nitin Kapoor 𝗮𝗻𝗱 𝗼𝘁𝗵𝗲𝗿𝘀 𝗼𝗻 𝗬𝗼𝘂𝗧𝘂𝗯𝗲 🔗 https://lnkd.in/gyYjefdy #ProcureTech #ProcureTechGENERATION #Procurement #DigitalProcurement #GenAI #Technology #Automation

  • 🔍 As digital procurement leaders continue to investigate and implement new technology solutions to augment processes, streamline operations, and ensure visibility into the procurement function, hearing from founders of digital solutions on their perspectives for the future is incredibly valuable.   Lance Younger, ProcureTech CEO, led ORO Labs Co-Founder Lalitha Rajagopalan, HICX CEO Costas Xyloyiannis, and Sievo Co-Founder and CEO Sammeli Sammalkorpi in an energetic panel focused on the founders’ perspective on scaling innovation in digital procurement during the ProcureTech GENERATION: Digital Procurement Summit.   These inspiring leaders shared their insights into not only new advancements in technology and the ongoing impact of Generative AI, but also the need for transparency, honesty, and building trust with corporations to build an environment where collaborative, co-created solutions can be scaled.    With these leaders at their helms, there is no procurement analytic, orchestration solution, or supplier management challenge too great!   #ProcureTech #ProcureTech100 #ProcureTechGENERATION

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  • “𝘐𝘧 𝘵𝘩𝘪𝘴 (𝘴𝘶𝘴𝘵𝘢𝘪𝘯𝘢𝘣𝘪𝘭𝘪𝘵𝘺) 𝘪𝘴 𝘫𝘶𝘴𝘵 𝘢 𝘤𝘩𝘦𝘤𝘬𝘣𝘰𝘹 𝘦𝘹𝘦𝘳𝘤𝘪𝘴𝘦 𝘧𝘰𝘳 𝘢 𝘱𝘳𝘰𝘴𝘱𝘦𝘤𝘵, 𝘸𝘦’𝘳𝘦 𝘯𝘰𝘵 𝘵𝘩𝘦 𝘳𝘪𝘨𝘩𝘵 𝘱𝘢𝘳𝘵𝘯𝘦𝘳. 𝘉𝘶𝘵 𝘪𝘧 𝘢 𝘤𝘰𝘮𝘱𝘢𝘯𝘺 𝘵𝘳𝘶𝘭𝘺 𝘸𝘢𝘯𝘵𝘴 𝘵𝘰 𝘪𝘮𝘱𝘳𝘰𝘷𝘦 𝘩𝘰𝘸 𝘵𝘩𝘦𝘺 𝘮𝘢𝘬𝘦 𝘢𝘯𝘥 𝘴𝘦𝘭𝘭 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴, 𝘵𝘩𝘦𝘯 𝘸𝘦’𝘳𝘦 𝘵𝘩𝘦 𝘣𝘦𝘴𝘵 𝘱𝘢𝘳𝘵𝘯𝘦𝘳 𝘵𝘩𝘦𝘺’𝘭𝘭 𝘧𝘪𝘯𝘥. 𝘞𝘦 𝘴𝘩𝘢𝘳𝘦 𝘵𝘩𝘢𝘵 𝘱𝘢𝘴𝘴𝘪𝘰𝘯, 𝘢𝘯𝘥 𝘸𝘦’𝘳𝘦 𝘳𝘦𝘭𝘦𝘯𝘵𝘭𝘦𝘴𝘴 𝘪𝘯 𝘴𝘶𝘱𝘱𝘰𝘳𝘵𝘪𝘯𝘨 𝘮𝘦𝘢𝘯𝘪𝘯𝘨𝘧𝘶𝘭 𝘤𝘩𝘢𝘯𝘨𝘦.” 💬 Lance Younger spoke with Neil D'Souza, Founder & CEO of Makersite, and discussed doubling impact every year, mapping 35% of the world’s supply chains, commitment to the cause... and being Germanised! 🚀 Makersite is transforming how products are made by accelerating the transition to a sustainable economy. They’re the leader in delivering supply chain digital twins for product sustainability, compliance, and cost optimisation for the world’s leading brands. 🌐 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗰𝗼𝗻𝘃𝗲𝗿𝘀𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝗦𝗢𝗨𝗥𝗖𝗘 🔗 https://lnkd.in/gKUynnSi Follow ProcureTech for more insights and inspiration ✨ #ProcureTech #Makersite #ProcureTechSTARS #Procurement #DigitalProcurement #SupplyChain #Sustainability

  • In an interactive and engaging discussion led by ProcureTech’s Mark Gillett, that featured Stephen Day FCIPS from Kantar, Rory Lamont FCIPS from Siemens, and Karsten Richter from Bayer, participants in last week’s ProcureTech GENERATION: Digital Procurement Summit, focused on Future Digital Capabilities and Teams.   Drawing on decades of transformative procurement leadership experience, these stellar executives shared their own priorities and experiences, with a focus on investigating and implementing new technology, but also a focus on people, people, and people!   Audience members resoundingly agreed with the need for balance and a focus on building the right skills and bringing in the right team members, with a strong emphasis on fostering a growth mind set, and a desire or curiosity to learn and test. In addition, data analytics and data science skills were rated as highly desirable in team members.   Going into 2025, leaders found consensus on the need for user-centric, customer-driven approaches to digital procurement, as well as the need for clear strategies and roadmaps, along with data-driven decision making, and ensuring an intelligent ecosystem of digital and data solutions.   It was an incredible discussion and we can’t thank Mark, Stephen, Rory, and Karsten enough for leading the session and sharing their many valuable insights.   #ProcureTech #ProcureTech100 #ProcureTechGENERATION

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