Omnea
About Omnea
Omnea is an AI-powered procurement and supplier management platform that automates vendor onboarding, purchase order creation, and risk management, centralizing supplier data for enhanced visibility. By streamlining these processes, Omnea reduces manual effort, accelerates approvals, and improves cost control, resulting in significant time savings and increased operational efficiency.
```xml <problem> Many organizations face challenges in managing procurement processes, including slow approval workflows, scattered supplier information, and limited visibility into spend, leading to inefficiencies and increased operational costs. Manual data entry and a lack of automation contribute to delays and errors in purchase order creation and vendor onboarding. </problem> <solution> Omnea is an AI-powered procurement platform designed to streamline and automate vendor onboarding, purchase order creation, and supplier risk management. The platform centralizes supplier data, providing enhanced visibility and control over procurement processes. By automating tasks such as vendor setup and purchase order creation, Omnea reduces manual effort, accelerates approvals, and improves cost control. The solution offers features like intelligent AI intake for spend requests, automated renewal management, and AI-driven insights to optimize procurement workflows. </solution> <features> - Intelligent AI Intake: Simplifies spend requests with a conversational interface. - Automated PO Creation: Automates vendor setup and purchase order creation. - Supplier Portal: Streamlines the collection of financial, contractual, and due diligence information from suppliers. - Supplier Risk Management: Automates the detection and visualization of third-party risks. - Approval Workflows: Coordinates team members with contextual information for decision-making. - Renewal Management: Automates sentiment surveys to vendor owners for spend control. - AI Insights: Provides AI-driven insights across the procurement lifecycle. </features> <target_audience> Omnea targets procurement, finance, legal, security, compliance, and IT departments within organizations seeking to automate and streamline their procurement processes. </target_audience> ```
What does Omnea do?
Omnea is an AI-powered procurement and supplier management platform that automates vendor onboarding, purchase order creation, and risk management, centralizing supplier data for enhanced visibility. By streamlining these processes, Omnea reduces manual effort, accelerates approvals, and improves cost control, resulting in significant time savings and increased operational efficiency.
Where is Omnea located?
Omnea is based in London, United Kingdom.
When was Omnea founded?
Omnea was founded in 2022.
How much funding has Omnea raised?
Omnea has raised 25010000.
Who founded Omnea?
Omnea was founded by Ben Freeman.
- Ben Freeman - CEO
- Location
- London, United Kingdom
- Founded
- 2022
- Funding
- 25010000
- Employees
- 59 employees
- Major Investors
- Accel