Top 50 Procurement Automation in Europe

Mercanis provides an AI‑powered procurement platform that automates intake, sourcing, supplier management, and contract lifecycle in a single, connected workflow. The system leverages 55 autonomous agents to deliver real‑time analytics, risk monitoring, and compliance across millions of procurement decisions. By integrating with existing ERP, SRM, and collaboration tools, it reduces manual effort, accelerates cycle times, and creates a single source of truth for all supplier and contract data.

The startup provides a procurement automation platform that employs machine learning algorithms to enhance purchasing processes for businesses. By minimizing manual tasks and improving supplier visibility, the platform increases procurement efficiency and delivers measurable cost savings.

Omnea provides an AI-native platform for intelligent procurement orchestration, streamlining the source-to-pay process. The platform integrates intelligent intake, approval workflows, and supplier management to embed governance and control spend. Key features include automated PO creation, third-party risk management, and unified reporting to accelerate decision-making.

compri AI automates daily procurement activities using artificial intelligence to increase speed and efficiency for users. The platform integrates with existing systems to centralize tasks like supplier management, order processing, and RFX handling. This results in time savings, cost reduction through analytics, and improved operational visibility for procurement teams.

Zalion provides AI-driven agents that automate each step of the source‑to‑pay (S2P) workflow, including guided buying, supplier discovery, RFQ creation, quote negotiation, purchase‑order issuance, and invoice validation. The agents integrate with existing ERP, email, and supplier portals and deliver real‑time analytics on cycle‑time reductions and captured savings while complying with ISO/IEC 27001:2022 and GDPR standards through German data residency.

Dexter offers an AI‑native procure‑to‑pay platform that automates request intake, supplier onboarding, order tracking, and four‑way invoice matching. The system integrates with enterprise tools such as Microsoft Teams, using conversational bots and AI agents to enforce approval policies, monitor compliance, and provide real‑time spend analytics for cost control. Revenue is generated through subscription licensing of the platform to midsize and large enterprises seeking to streamline procurement workflows and reduce manual processing.

Tacto offers an AI‑driven procurement intelligence platform that consolidates supplier data and automates sourcing tasks such as should‑cost calculations, RFQ generation, and negotiation support. The system provides real‑time spend benchmarking, compliance monitoring, and integrates with existing ERP or spend‑management tools, enabling procurement teams to identify savings and reduce manual effort.

Riff offers a platform for building AI‑driven agents that automate procurement, finance, order‑to‑cash, and supply‑chain workflows directly within ERP systems such as SAP, Oracle, and NetSuite. The agents ingest unstructured inputs, execute structured actions, and write results back to the ERP while providing role‑based governance, audit trails, and SOC 2/GDPR‑compliant security.

Lhotse provides an AI-driven solution that integrates into existing procurement stacks to streamline workflows. The platform offers features like Copilot support, intelligent assistants, and automated document processing to enhance efficiency and accuracy. This results in optimized procurement operations with minimal manual effort and improved data integrity.

Tacto provides a Procurement Intelligence Platform powered by AI agents specifically designed for industrial purchasing departments. This platform integrates ERP purchasing data with external market data to identify savings potential and automate manual procurement tasks. By leveraging AI-driven insights, the system enables fact-based decision-making to reduce costs while maintaining quality and supply availability.

Alpas provides an AI-powered sourcing platform that enables manufacturing companies to rapidly scout and benchmark global suppliers for mechanical, electrical, and chemical parts. The platform accelerates procurement by identifying cost-effective alternatives and delivering a 360° view of supplier performance, compliance, and risk. This data-driven approach strengthens negotiation positions and reduces overall procurement spend.

Provides a unified Source-to-Pay platform that integrates procurement, vendor management, contract tracking, and accounts payable automation into a single tool. It streamlines processes by enabling real-time budget tracking, AI-powered analytics, and seamless ERP integrations, reducing manual tasks and improving financial visibility for procurement, finance, and legal teams.

Najar provides a platform that integrates expense optimization and procurement management, enabling businesses to streamline financial processes and enhance compliance. By automating contract management and vendor sourcing, Najar helps organizations achieve an average savings of 30% on SaaS costs and recover up to 36% of their spending.

The startup offers a data-driven platform that automates the sourcing process by utilizing machine learning algorithms to analyze market trends and supplier performance. This technology reduces the time and resources spent on manual sourcing, enabling businesses to make informed procurement decisions more efficiently.

Vertice offers a spend optimization platform that automates procurement processes and provides visibility into SaaS and cloud expenditures. By leveraging benchmarking data from over 16,000 vendors, it enables businesses to achieve an average savings of 11% on their software costs.

The startup operates a life science marketplace that connects research scientists with essential materials through a user-friendly online platform. Its product rating system provides peer-reviewed evaluations, enabling researchers to make informed purchasing decisions while saving time and reducing costs.

The startup offers a procurement and management platform that utilizes cloud-based tools to streamline purchasing processes and supplier interactions. This solution reduces operational inefficiencies and enhances cost control for businesses by providing real-time data analytics and automated workflows.

Hyyr offers an AI‑powered SaaS platform that consolidates public procurement planning, execution,and contract management into a single solution for government buyers. The system automates needs analysis, competition strategy, market dialogue, and regulatory compliance checks, providing continuous validation, audit logs, and integrated archiving to reduce errors and ensure legal adherence. Pricing is based on fixed fees per procurement or organization, with a free tier for planning and execution and optional upgrades for full contract management, enabling public entities to run compliant tenders efficiently.

Pacurion is a digital procurement platform that utilizes data analytics to optimize purchasing processes for load equipment, identifying specific cost-saving opportunities. The platform enhances procurement workflows, enabling businesses to reduce expenses and improve operational efficiency.

Luminovo provides an all-in-one software platform designed for electronics supply chain management, integrating data, processes, and stakeholders into a single digital workflow. The platform enables teams to monitor, procure, and quote Printed Circuit Board Assemblies (PCBAs) efficiently, leveraging AI for tasks like BOM processing. This solution helps electronics manufacturers and OEMs maximize cost savings, accelerate quoting, and mitigate supply chain risks through real-time intelligence and collaboration.

Provides a B2B SaaS platform for strategic sourcing, enabling procurement teams to manage end-to-end processes from RFI to negotiations within a centralized system. The platform integrates bid analytics and scenario optimization tools to help users evaluate non-cost factors, identify negotiation opportunities, and make data-driven decisions that reduce project timelines and increase savings.

The startup operates a digital B2B sales platform that digitizes the procurement process for precision manufacturing parts, enabling clients to order CNC parts online. By automating the value chain and providing direct communication for prototype and small series production, the platform enhances transparency and efficiency in parts procurement.

Payflows offers an all-in-one Procure-to-Pay and Treasury Management solution that automates invoice processing, cash forecasting, and financial reconciliation through native ERP connectors. This platform reduces operational costs and time by consolidating multiple finance tools into a single source of truth for managing payments, purchase orders, and supplier information.

Sastrify is a software procurement platform that centralizes software management and automates vendor negotiations, providing users with a clear overview of their software stack and usage analytics. By streamlining purchasing processes and identifying savings opportunities, Sastrify helps organizations reduce overspending on software subscriptions and improve operational efficiency.

This startup operates a construction materials procurement platform that utilizes artificial intelligence and natural language processing to streamline the purchasing process for large tenders. By connecting manufacturers directly with customers, it reduces procurement costs and enhances transparency in a traditionally fragmented industry.

Shipsta is a logistics intelligence platform that utilizes digital rate management, automated workflows, and real-time data to streamline freight procurement for shippers and carriers. The platform addresses inefficiencies in manual processes and market volatility, enabling users to optimize costs and enhance sustainability in their logistics operations.

The startup operates an energy trading platform that utilizes automation, quantitative analysis, and artificial intelligence to facilitate the procurement of electricity and natural gas from wholesalers and suppliers. By providing deep insights into energy markets, the platform enables clients to optimize their purchasing strategies and support the transition to green energy.

The startup develops enterprise applications that automate supplier data validation, payment accuracy, and invoice processing for sectors such as consumer goods, energy, and healthcare. By integrating these functionalities, the platform enhances data accuracy and operational efficiency, enabling businesses to manage complex enterprise data systems effectively.

Labviva is a digital marketplace that integrates with enterprise procurement systems to provide researchers with transparent access to life science products, enabling them to optimize spending and supplier management. By offering price comparisons and automated inventory control, Labviva helps organizations reduce R&D costs by an average of 20% in the first year.

Kodiak Hub is a cloud-based Supplier Relationship Management platform that utilizes AI and predictive analytics to automate supplier onboarding, risk assessments, and performance evaluations. This technology addresses inefficiencies in supplier management, enabling organizations to enhance collaboration, reduce costs, and improve supply chain resilience.

akirolabs offers a guided, AI-powered platform designed to accelerate and enhance category strategy development for procurement teams. The platform centralizes strategy management, enables scenario modeling, and integrates collaborative workflows for informed decision-making. This solution transforms manual category work into an intelligent, scalable process that aligns procurement strategies with business objectives.

Minerva offers an AI‑driven platform that continuously crawls EU public procurement portals, extracts and structures tender specifications, and ranks opportunities by budget relevance and win probability. It automates bid drafting with compliance validation, provides real‑time alerts on document changes, and integrates via API and CRM connectors to give procurement teams collaborative dashboards and workflow automation.

DeepStream is a cloud-based procurement platform that streamlines the source-to-contract process by enabling efficient communication and collaboration between buyers and suppliers. The platform reduces reliance on manual tools, allowing procurement teams to increase the number of RFx sent per month and achieve significant savings through automated negotiation features.

Comstruct provides an all‑in‑one digital platform that automates the procure‑to‑pay workflow for construction firms, covering digital ordering, electronic delivery notes, and AI‑driven invoice verification. The system matches invoices to purchase orders, posts them to ERP solutions, and offers real‑time material consumption and CO₂ reporting across projects. Integrated with major construction ERP, BI, and document management tools, it streamlines procurement, site logistics, and finance operations.

GovRadar provides an AI-supported platform to streamline the preparation of public procurement documents for government entities. The solution leverages a vast database of existing tender documents to generate initial drafts, significantly reducing preparation time by up to 90%. This enables public administrations, from local municipalities to federal departments, to accelerate investment implementation through efficient and compliant tendering processes.

TrueLedger provides a smart‑contract platform that automates procurement‑to‑pay workflows for professional services. The solution delivers real‑time visibility into external workforce progress, precise cash‑flow forecasting, and auto‑validated invoicing. By removing manual admin and governance tasks, it helps organizations manage external contracts more efficiently and keep projects on scope and budget.

Kavida provides an AI-powered procurement assistant that automates purchase order management, coordinating with suppliers to ensure timely deliveries and reduce communication time by 71%. By enabling real-time supply monitoring and early risk detection, Kavida helps procurement teams minimize inventory costs and improve cash flow cycles.

Alinor provides an AI workspace designed to automate project procurement and sourcing activities within custom and engineer-to-order manufacturing environments. This platform centralizes RFQs, purchase orders, and project data, replacing spreadsheet chaos with structured visibility. The system enables procurement teams to accelerate sourcing cycles while maintaining control and reallocating administrative time toward strategic supplier development.

Provides an AI-powered platform for sourcing electrical and automation components by automating price inquiries and stock checks across a network of European suppliers. This eliminates manual comparisons and delays, enabling businesses to secure the lowest prices, shortest lead times, and assured delivery for over 1.8 million products.

Tendios offers an AI‑driven digital platform that streamlines public procurement processes for government agencies and private bidders. The solution provides tools such as tender search, CPV code mapping, and awardee data to increase efficiency and transparency. By connecting public institutions with qualified companies, Tendios creates more procurement opportunities while reducing administrative overhead.

Functional utilizes artificial intelligence to optimize indirect procurement processes by analyzing purchasing needs and negotiating with a global network of validated suppliers. This approach reduces costs and enhances efficiency, enabling businesses to focus on their core objectives while ensuring timely delivery and quality assurance.

Monq provides an AI-driven procurement platform that automates contract negotiation, vendor communication, and data analysis for enterprise buying teams. The system integrates with existing procurement suites to benchmark terms, generate real‑time negotiation strategies, and forecast price and risk using time‑series and neural network models, reducing preparation time from hours to minutes. Monq monetizes through performance‑based pricing tied to realized contract savings, delivering measurable ROI on high‑value deals.

The startup operates a fully automated digital platform that streamlines the production of industrial components for the mechanical engineering sector by digitizing customer interactions, quotation preparation, and production planning. This technology enhances operational efficiency and agility, enabling manufacturers to make informed purchasing decisions and improve their overall productivity.

Weproc is a digital procurement platform that automates the entire purchasing process, from requisition approval to invoice management, ensuring real-time tracking and compliance with budget constraints. By centralizing supplier interactions and streamlining order management, it enhances operational efficiency for SMEs and MidCaps while maintaining financial oversight.

Lio provides an AI‑driven procurement platform that automates the end‑to‑end purchase lifecycle for large enterprises. Its multi‑agent architecture integrates with existing ERP/P2P systems to source suppliers, negotiate terms, route approvals, and reconcile invoices, delivering faster cycle times and spend‑optimization insights.

This company offers an AI-native Procurement Automation Platform designed to streamline the end-to-end procurement process. The platform utilizes Generative AI, predictive analytics, and autonomous execution across modules like spend analytics, intake management, and supplier management. It connects existing systems and leverages enterprise data to automate processes, reduce risk, and maximize savings for procurement teams.

This company operates the leading marketplace for industrial automation, connecting buyers with trusted robot suppliers and integrators. They streamline the procurement process by offering expert consultation to define needs and delivering three comparable quotes for robotics projects within one week. The platform facilitates discovery of products like cobots, mobile robots, and turnkey solutions across various automation categories.

The startup develops payments and order management software that integrates email, spreadsheets, and paper checks into a single platform, enabling businesses to manage their supply chains efficiently. By providing features like order tracking and network monitoring, the software helps engineering and production teams operate securely and cost-effectively without incurring additional expenses.

Axiom is an AI-powered Enterprise Marketplace platform that automates catalog sourcing and procurement optimization through real-time data integration and personalized recommendations. It addresses the inefficiencies of managing multiple supplier catalogs by providing a single interface for streamlined purchasing and enhanced visibility into spending patterns.

Mithra provides AI agents to clean, enrich, and classify procurement spend data, establishing a trusted data foundation for procurement transformation. The platform offers automated supplier normalization, taxonomy optimization, and actionable insights for savings and contract leakage detection. This solution integrates with existing enterprise systems to unify the procurement ecosystem and drive agentic procurement workflows.