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.

Website
http://www.procuretech.ai
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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  • In our Predictions 2025 webinar, industry experts Lance Younger (Founder & CEO, ProcureTech), Dr. Elouise Epstein 🏳️⚧️ (Partner, Kearney), Nikki Aladi (Digital Enablement Manager, Roche), Matt Nixon (Manager Sourcing Delivery, Liberty Global), and Ulrik Aasehaug Soeraas (Digital Procurement Consultant, ProcureTech) shared powerful insights into the trends set to define the future of procurement and explored these key topics: 💡 Strategic AI Applications 🤖 Agentic AI ✅ Enhanced User Experience 🎯 End-to-End Automation 🌍 Resilience & Sustainability 📊 Data as a Differentiator 🧠 Digital Skills 𝗥𝗲𝗮𝗱 𝗮𝗯𝗼𝘂𝘁 𝘁𝗵𝗲 𝘄𝗲𝗯𝗶𝗻𝗮𝗿 𝗿𝗲𝗰𝗮𝗽 𝗼𝗻 𝗦𝗢𝗨𝗥𝗖𝗘 🔗 https://lnkd.in/gn5A_7jd Follow ProcureTech for more ideas and inspiration! #ProcureTech #Predictions #Webinar #Procurement #DigitalProcurement #AI

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  • 𝗭𝗘𝗧𝗪𝗘𝗥𝗞 𝗿𝗮𝗶𝘀𝗲𝘀 $𝟵𝟬𝗺 𝗶𝗻 𝗹𝗮𝘁𝗲𝘀𝘁 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗿𝗼𝘂𝗻𝗱, 𝗵𝗶𝘁𝘀 $𝟯.𝟭𝗯 𝘃𝗮𝗹𝘂𝗮𝘁𝗶𝗼𝗻 The global manufacturing marketplace has secured significant funding, with UK-based Baillie Gifford joining as a new investor alongside Greenoaks and Avenir Growth. This investment will drive ZETWERK's expansion in key sectors: Renewables, Consumer Electronics, and Aerospace. Jai Sajnani of Khosla Ventures said, “Every company that needs manufacturing capabilities is focused on making their supply chains more resilient and less prone to geopolitical risk. ZETWERK has quickly become a leading manufacturing marketplace that gives customers options around the world to build in any arena from industrials and consumer electronics to aerospace and defense." Congrats to ZETWERK! 👏 #ProcureTech #ZETWERK #Funding #Manufacturing #Procurement

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  • ✨ 𝗜𝘁’𝘀 𝗮 𝘄𝗿𝗮𝗽! ✨ 2024 has been an incredible year at ProcureTech, working alongside leading corporations and solution providers to shape the digital future of Procurement. 𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘀𝗼𝗺𝗲 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗼𝘂𝗿 𝗿𝗲𝗰𝗼𝗿𝗱-𝗯𝗿𝗲𝗮𝗸𝗶𝗻𝗴 𝘆𝗲𝗮𝗿: 📌 Launched 𝗦𝗢𝗨𝗥𝗖𝗘, our very own community platform designed for procurement leaders to connect, explore, and discover. 📌 Collaborated with 80+ global panelists to curate the 𝗣𝗿𝗼𝗰𝘂𝗿𝗲𝗧𝗲𝗰𝗵𝟭𝟬𝟬 and the companion 𝘆𝗲𝗮𝗿𝗯𝗼𝗼𝗸. 📌 Produced insightful 𝘄𝗵𝗶𝘁𝗲 𝗽𝗮𝗽𝗲𝗿𝘀, hosted engaging 𝘄𝗲𝗯𝗶𝗻𝗮𝗿𝘀, and 𝗼𝗿𝗴𝗮𝗻𝗶s𝗲𝗱 𝗶𝗺𝗽𝗮𝗰𝘁𝗳𝘂𝗹 𝗲𝘃𝗲𝗻𝘁𝘀. 📌 We even won an 𝗮𝘄𝗮𝗿𝗱! 🌟 𝗝𝗼𝗶𝗻 𝘂𝘀 𝗶𝗻 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗳𝘂𝘁𝘂𝗿𝗲 🌟 👉 Follow our team here on LinkedIn 👉 Subscribe to the 𝗦𝗜𝗚𝗡𝗔𝗟𝗦 𝗻𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿 for bi-weekly updates on research, events, and insights. Thank you to everyone who contributed to an amazing 2024! Wishing you Happy Holidays and all the best for the New Year! 🎉

  • 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

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