Tonkean ProcurementWorks revolutionizes procurement lifecycle management from intake to resolution, automates tail-spend, and creates a guided buying journey for strategic spending.
Hi there procurement pros and automation enthusiasts! 👋
At Tonkean, we're all about building processes that people actually follow, and optimizing internal experiences for shared services without the need for complicated, prolonged change management processes – or coding, for that matter.
We recognized the critical pain points procurement professionals face:
⚠️ Poor user experience: Confusing and unintuitive procurement processes, involving unfamiliar software environments, lead employees to unintentionally (or intentionally!) bypass essential steps.
⚠️ Inefficient and manual processes: Time-consuming tasks and manual data entry create bottlenecks, reducing productivity and increasing the likelihood of errors.
⚠️ High "rogue spend": Between 50-80% of businesses’ spend can be characterized as “rogue,” involving employees making purchases through unofficial channels – hurting visibility for procurement and finance, and more crucially, hurting the bottom line.
Tonkean’s ProcurementWorks solution enables procurement teams to fundamentally transform all mission-critical procurement processes, increase visibility into spend insights, and create a better experience for employees, ultimately reducing unnecessary spend – all while working with your existing tech stack and tools.
With ProcurementWorks, you can enjoy:
🚀 Frictionless intake and full visibility: ProcurementWorks acts as a wrapper for all your existing tools, allowing users to submit purchase orders from systems they typically work in, such as Slack, Teams, and Outlook—all while providing every stakeholder full visibility into the status of the request as it’s resolved.
🚀 Intelligent request categorization with ProcurementGPT: ProcurementWorks uses OpenAI’s GPT language model to automatically triage and classify unstructured inbound requests. It identifies appropriate purchase categories, analyzes vendors’ websites, extracts their benefits, suggests alternatives, and even auto-generates RFx — allowing procurement teams to fully automate tail-spend processing, strategic sourcing, and “3 Bids and a Buy” processes.
🚀 No-code customization: Using our 100% no-code builder, procurement teams can customize processes and buying experiences in accordance with the preferences and needs of all stakeholders—without relying on developers. They can automatically coordinate stakeholder approvals across systems and in accordance with department-specific policies.
Get started with ProcurementWorks in just a few simple steps:
⚡ Step 1: Sign up for ProcurementWorks by Tonkean.
⚡ Step 2: Connect your existing tools and platforms to ProcurementWorks.
⚡ Step 3: Customize your workflows using our no-code builder.
Give ProcurementWorks a try and experience the difference it can make in your organization's procurement processes!
Sagi,
AI geek, CEO & Founder, Tonkean
Report
It's cool seeing companies using GPT as feature in their existing tool rather than trying to build an entirely new product for it! The ability to generate RFP text and look up NetSuite data is a cool combo
Tonkean