Ezproc offers an AI‑driven procurement platform that links industrial SMEs in Latin America with a vetted network of suppliers, using machine‑learning recommendations, group buying and auction tools to secure pre‑negotiated contracts and lower prices. The solution automates the entire procure‑to‑pay workflow, provides sub‑24‑hour credit decisions, and coordinates logistics, delivering 10‑40% cost savings and up to 70% faster processing.
Funding
Funding not disclosed
Founders
Product
Problem
Industrial small and medium enterprises (SMEs) in Latin America face fragmented supplier markets, opaque pricing, and manual, time‑consuming procurement processes that limit their negotiating power and increase operational costs.
Solution
Ezproc provides an AI‑driven procurement platform that connects buyers with a curated network of pre‑validated suppliers. The system uses machine‑learning recommendations, group purchasing, and auction mechanisms to secure pre‑negotiated contracts and better pricing. Integrated financing offers credit decisions within 24 hours, while built‑in logistics support streamlines delivery and reduces administrative burdens. All procurement steps—from supplier search and approval to order execution—are automated, delivering cost savings of 10‑40 % and reducing processing time by up to 70 % for SMEs.
Target Audience
Primary customers are industrial SMEs in Latin America seeking to modernize their procure‑to‑pay processes, as well as suppliers looking to expand market reach and accelerate payment cycles through the platform.
Features
- AI‑powered supplier search that ranks vendors by price, quality, and availability in seconds
- Pre‑validated, certified supplier network ensuring compliance and reliability
- Group buying and auction modules that aggregate demand to improve negotiating leverage
- Integrated credit facility with sub‑24‑hour approval for rapid purchase financing
- End‑to‑end workflow automation for requisition, approval, and order execution with full traceability
- Built‑in logistics coordination and administrative task management to minimize manual effort