Suppliers matter as much as customers: they represent 60 to 80 percent of your total cost. Procura treats vendor management as a full cycle, initial qualification (KYC, legal documents, bank details, tax compliance), contracting, performance tracking, risk management, renewal or termination. A vendor's full history (POs, invoices, payments, notes, incidents) lives on their record.
Configurable checklist per organisation: trade register, tax ID, bank details, tax compliance certificate, social security certificate, quality documents. The vendor fills their profile via the dedicated portal, no buyer-side account creation needed.
Procura computes a score from weighted criteria: documents on file, tenure, performance history, sanctions screening, banking quality. Low score = automatic PO blocking.
Contract storage, expiry tracking with 30/60/90-day alerts before renewal, blanket POs with annual envelope decremented per PO draw, configurable auto-renewal.
Issue an RFQ to multiple vendors, receive responses in the portal, compare line-by-line (price, lead time, terms), award and generate the PO in one click. Full audit trail on the consultation.
Procura measures on-time delivery, quality (receipt rejection rate), RFQ response time, document compliance. Each closed PO refreshes the vendor's score in real time.
Each vendor sees their active POs, submits invoices, tracks payments, updates documents. Magic-link authentication, no password management on the vendor side.
No. The vendor portal uses magic-link authentication sent to the vendor's email. No passwords, no friction. The vendor accesses POs and submits invoices directly.
Sanctions screening is one of the weighted criteria in the risk score. Automated screening against official lists (OFAC, EU, UN) can be enabled per organisation configuration.
Four quantified dimensions: on-time delivery (expected vs received date), quality (accepted vs rejected at goods receipt), commercial responsiveness (RFQ response time), document compliance. Weighted overall score.
Yes. CSV or API import. Existing vendors can be migrated with bank details, contacts, scoring history and associated documents.
Contracts are stored as PDFs with structured metadata (parties, amount, dates, key clauses). AI extraction is available to automatically flag key clauses (termination, penalties, renewal) at import time.
If a mandatory document is about to expire (e.g. CNPS certificate valid 3 months), Procura notifies both buyer and vendor 30 days in advance. At expiry, any new PO is blocked until compliance is restored. History remains accessible.