Prokraya
Prokraya delivers an agentic source-to-pay platform where specialized AI agents autonomously handle procurement processes around the clock, from purchase requisitions and sourcing to invoicing and contract audits. The platform covers the complete procurement lifecycle with a visual drag-and-drop workflow builder and trigger-based automations, such as auto-creating RFQs upon purchase requisition approval. Its NETRA Intelligence Suite ranks suppliers and contracts by recoverable value, providing should-cost analysis with confidence-scored pricing gaps for negotiation.
- Enterprise Software
- AI Agents
- Artificial Intelligence
- Software Only
Funding
Founders
Founder details are not available yet.
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
- NETRA Intelligence Suite that ranks suppliers and contracts by recoverable value, with should-cost analysis providing confidence-scored pricing gaps for negotiation
- 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