Prokraya provides an AI-powered source-to-pay platform that uses specialized agents to autonomously execute procurement processes across sourcing, suppliers, contracts, spend, and compliance. The platform features a visual workflow builder and trigger-based automations that run 24/7, covering the full procurement lifecycle from purchase requests to invoice payments. It is enterprise-ready with ISO 27001 and GDPR compliance certifications.
Funding
Funding not disclosed
Founders
Product
Problem
Procurement teams often juggle multiple disconnected tools for sourcing, contracts, invoicing, and compliance, leading to fragmented data, manual handoffs, and slow cycle times. This lack of integration creates visibility gaps, increases risk of errors or fraud, and prevents organizations from optimizing spend and supplier performance effectively.
Solution
Prokraya delivers an agentic source-to-pay platform where specialized AI agents handle procurement processes autonomously around the clock. The platform covers the complete procurement lifecycle—from purchase requisitions and sourcing to goods receipt, invoicing, and contract audits—with AI enhancement at every step. Users configure trigger-based workflows through a visual drag-and-drop builder, and the system automatically executes actions such as creating RFQs, initiating renewal workflows, or routing invoices for three-way matching and fraud checks. All data is connected across modules, providing a full audit trail with user, timestamp, and context details for compliance.
Target Audience
Primary customers are procurement leaders and operations teams in enterprise manufacturing, global retail chains, real estate corporations, and technology services companies seeking to automate and integrate their source-to-pay processes.
Features
- Six core platform modules covering purchase requisition, sourcing & RFQ, purchase orders, goods receipt, invoice & payment, and contract & audit
- Specialized AI agents for sourcing, suppliers, contracts, procurement, payables, and compliance that operate autonomously 24/7
- Visual workflow builder with drag-and-drop interface for designing complex procurement automations
- Prebuilt workflow templates for supplier management, contract assistance, invoicing, and more
- Trigger-based automation capabilities, such as auto-creating RFQs upon PR approval or escalating invoices after three-way match and fraud checks
- Enterprise-ready security with ISO 27001 and GDPR compliance certifications