Leverage provides AI-powered purchase order visibility for manufacturers by automating supplier follow-ups and integrating real-time data into existing ERP systems. This platform enhances supplier engagement and mitigates delays, saving buyers at least 50% of their time each week.
Funding
$9.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
GO+1Founders
Product
Problem
Manufacturers often struggle with a lack of real-time visibility into their supply chain, leading to delays, increased costs, and strained supplier relationships. Manually chasing suppliers for updates on purchase orders is time-consuming and inefficient, diverting resources from strategic activities. Existing ERP systems often lack the real-time data and automation needed to proactively manage and mitigate supply chain disruptions.
Solution
Leverage offers an AI-powered platform that automates supplier follow-ups and integrates real-time purchase order data directly into existing ERP systems, providing manufacturers with unprecedented supply chain visibility. By automating acknowledgements, open order reports, and shipment notifications, Leverage eliminates the need for manual tracking and reduces the time buyers spend on supplier communication by at least 50%. The platform enhances supplier engagement through email-based smart POs, AI document parsing, and customizable communication cadences. This enables proactive management of potential delays, improved supplier performance, and a single source of truth within the ERP system.
Target Audience
Leverage primarily targets manufacturing companies seeking to improve supply chain visibility, automate supplier communication, and reduce the risk of delays.
Features
- Automated purchase order acknowledgements and lead-time updates
- Real-time open order reports integrated directly into the ERP system
- AI-powered document parsing for automated data extraction from supplier communications
- Customizable communication cadences for proactive supplier follow-ups
- Supplier scorecards for performance tracking and evaluation
- Real-time mitigation tools for identifying and addressing potential supply chain disruptions
- Pre-built integrations with major ERP systems for seamless data flow
- Cloud-based platform with low-effort implementation and configuration