Proqura Reviews & Pricing

by Proqura Technologies | Founded 2020, London, England

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What is Proqura?

Industry Specialties: Serves all industries

Proqura is a sophisticated software solution designed to streamline procurement processes for businesses. It is particularly well-suited for medium to large enterprises that require efficient management of their procurement tasks. This is because Proqura offers a comprehensive suite of tools that enhance visibility, control, and efficiency in purchasing activities.

One of the key benefits of using Proqura is its ability to automate and simplify complex procurement workflows, which can lead to significant time and cost savings. Users appreciate features such as real-time tracking, supplier management, and detailed analytics, which provide valuable insights into procurement performance. Additionally, the software's user-friendly interface and customizable options make it adaptable to various business needs.

In terms of pricing, Proqura typically operates on a subscription model, with costs varying based on the number of users and specific features required. This flexible pricing structure ensures that businesses can scale their usage according to their needs. Compared to similar products, Proqura is often praised for its robust functionality and ease of use, making it a preferred choice for many procurement professionals.

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User Sentiment

Based on 48 reviews:

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Proqura Pricing

Based on our most recent analysis, Proqura pricing starts at $15 (Per User, Monthly).

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Starting From: $15
Pricing Model: Per User, Monthly
Free Trial: Yes, Request for Free

Training Resources

Proqura is supported with the following types of training:

Documentation
In Person
Live Online
Videos
Webinars

Support

The following support services are available for Proqura:

Email
Phone
Chat
FAQ
Forum
Help Desk
Knowledge Base
Tickets
Training
24/7 Live Support

Proqura Benefits and Insights

Why use Proqura?

Key differentiators & advantages of Proqura

Cost Savings: Proqura helps identify the best suppliers and negotiate better terms, leading to significant cost reductions.
Time Efficiency: Automating procurement tasks reduces manual effort, allowing teams to focus on strategic activities.
Improved Compliance: Ensures adherence to company policies and regulatory requirements, minimizing risks of non-compliance.
Enhanced Visibility: Provides real-time insights into procurement activities, enabling better decision-making and forecasting.
Supplier Management: Facilitates better relationships with suppliers through streamlined communication and performance tracking.
Risk Mitigation: Identifies potential risks in the supply chain early, allowing for proactive management and contingency planning.
Data-Driven Decisions: Leverages analytics to provide actionable insights, helping to optimize procurement strategies.
Scalability: Easily adapts to the growing needs of a business, supporting expansion without compromising efficiency.
Enhanced Collaboration: Promotes better teamwork by providing a centralized platform for all procurement-related activities.
Inventory Management: Helps maintain optimal inventory levels, reducing both excess stock and stockouts.
Contract Management: Streamlines the creation, approval, and monitoring of contracts, ensuring favorable terms and compliance.
Audit Readiness: Maintains detailed records of all transactions, simplifying the audit process and ensuring transparency.
Customizable Workflows: Allows businesses to tailor procurement processes to their specific needs, enhancing operational efficiency.
Supplier Diversity: Supports initiatives to engage with a diverse range of suppliers, promoting inclusivity and innovation.
Reduced Errors: Minimizes human errors through automation, leading to more accurate and reliable procurement processes.

Industry Expertise

Proqura is a specialized software designed to streamline and enhance the procurement process for businesses. Its industry expertise lies in catering to small and medium-sized enterprises (SMEs) across various sectors, including manufacturing, retail, and services. The platform is particularly beneficial for organizations looking to optimize their purchasing operations, manage suppliers effectively, and achieve cost savings through efficient procurement practices. Proqura is best suited for businesses seeking a comprehensive, user-friendly solution to simplify their procurement processes and enhance operational efficiency.

Proqura Reviews

Average customer reviews & user sentiment summary for Proqura:

48 reviews

98%

of users would recommend this product

Synopsis of User Ratings and Reviews

Based on an aggregate of Proqura reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.

Pros

User-Friendly Interface: Users praise Proqura's intuitive design, finding it easy to navigate and use for tasks like creating purchase orders.
Streamlined Approval Process: The platform's automated approval workflows are a hit, accelerating the procurement cycle and reducing bottlenecks.
Improved Spend Visibility: Proqura provides comprehensive dashboards and reporting features that give users a clear view of their spending patterns, enabling better control and analysis.

Cons

Difficult to Use: Some users find the platform's interface to be unintuitive and difficult to navigate, leading to frustration and wasted time.
Limited Customization: Users have expressed dissatisfaction with the limited customization options available, making it challenging to tailor the platform to their specific procurement needs.
Integration Challenges: Integrating Proqura with existing ERP or accounting systems has proven difficult for some users, hindering seamless data flow and process automation.

Researcher's Summary:

Is Proqura the cure for your procurement woes? User reviews from the last year suggest that Proqura is a user-friendly and affordable procurement management software that excels in simplifying complex procurement processes. Users praise its intuitive interface, making it easy to navigate and manage tasks, even for those unfamiliar with procurement software. They also appreciate its robust features, such as automated workflows and a centralized supplier database, which streamline operations and save valuable time. One user highlighted how Proqura's automated invoice processing feature significantly reduced the time spent on manual data entry, freeing up their team to focus on more strategic tasks.

However, some users have pointed out limitations in Proqura's reporting capabilities, finding the available reporting options somewhat basic compared to competitors like Coupa or Jaggaer, which offer more in-depth analytics and customization. While Proqura's affordability makes it an attractive option for smaller businesses, larger enterprises with more complex reporting needs might find it lacking. Overall, Proqura is best suited for small to medium-sized businesses looking for an easy-to-use and cost-effective solution to streamline their procurement processes. Its intuitive design and comprehensive features make it a valuable tool for businesses looking to improve efficiency and reduce manual workload without breaking the bank.

Key Features

Purchase Requests: Create purchase requests and launch a requisition pattern from a pre-authorized catalog list. Grant licensed users permission to add and track new items. Eliminate manual labor and paperwork while maintaining an audit trail in the form of Excel or CSV files. Enable real-time notifications and allow complete visibility across all transaction stages. Scrutinize individual supplier proposals and partake in evaluating offers.
Bills Management: Minimize paperwork and use automated matching to compare electronically received bills. Maintain an audit trail for deliveries and payment transactions to review detailed analytical insights on purchase histories and price trends.
Requisitions: Generate customized requisitions in RFQ and RFP formats based on requirements. Approve workflows and regulate compliance while setting time-bound bidding rules for suppliers. Access real-time updates to track requisition progress while offering complete visibility.
Supplier Offers: Participate in competitive bidding in real time while implementing reverse auctions. Generate an automated comparative list of items, costs and terms. Split order purchases across multiple suppliers to optimize prices.
Catalog Management: Create and maintain product catalogs with accurate specifications and details. Regulate quality control and compliance with product intelligence that tracks and offers purchase orders for individual items.
Supplier Management: Create a centralized supplier directory to maintain supplier information including registered documents and other details. Manage revised product catalogs and place direct orders if required.
Purchase Orders: Generate personalized purchase orders for direct ordering while granting split orders across different suppliers. Eliminate manual paperwork and offer a seamless workflow using three-way matching with invoice and goods receiving.
Goods Receiving: Access real-time order notifications including pending products with delivery updates like notes and packing slips. Ensure three-way matching and log gate pass for full order visibility.
Reports & Analytics: Minimize costs and procurement lead times with efficiency metrics to track details at every stage. Create custom reports with actionable insights that help strengthen user performance.