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Tonkean ProcurementWorks

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Company health

Employee growth
12% increase in the last year
Web traffic
43% decrease in the last quarter
Financing
March 2021 - $83M

Ratings

G2
4.0/5
(2)
Glassdoor
4.4/5
(30)

Tonkean ProcurementWorks description

Tonkean ProcurementWorks helps large companies streamline their purchasing processes. It uses AI to automate tasks like handling purchase requests, onboarding suppliers, and managing invoices. This makes it easier for employees to make purchases the right way and helps procurement teams process requests faster. Tonkean ProcurementWorks integrates with existing tools like Coupa and SAP Ariba, and it's designed to be easy to use, even for team members without technical expertise.

Who is Tonkean ProcurementWorks best for

Tonkean ProcurementWorks streamlines purchasing for mid-sized companies. It automates tasks like supplier onboarding and approvals, integrating with tools like Coupa and SAP. This makes purchasing easier for employees and speeds up processing for procurement teams.

  • Best fit for medium-sized companies.

  • Suitable for various industries.

Tonkean ProcurementWorks features

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Tonkean ProcurementWorks orchestrates the entire purchasing process, from intake to resolution, automating steps and guiding employees.
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Tonkean ProcurementWorks provides a guided buying journey, ensuring employees follow correct procedures and approvals.
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Tonkean ProcurementWorks automates the entire purchasing process end-to-end, minimizing manual tasks.
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Tonkean ProcurementWorks reduces purchase cycle time, improving efficiency and speed.
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Tonkean ProcurementWorks ensures compliance by guiding employees through the approved purchasing process.

Tonkean ProcurementWorks pricing

See the Tonkean ProcurementWorks pricing page.

Tonkean ProcurementWorks alternatives

  • Logo of SafetyChain
    SafetyChain
    Better for process manufacturers in food and beverage specifically. Focuses on quality control, production efficiency, and real-time data visibility within the plant. A Tonkean ProcurementWorks competitor and alternative.
    Read more
  • Logo of Fairmarkit
    Fairmarkit
    Better for managing tail spend. Has slower momentum. More reviews available.
    Read more
  • Logo of Xelix
    Xelix
    Better for AP automation and fraud prevention. Serves similar ideal customer profiles. Has strong user reviews on helpful customer support and duplicate invoice detection. Growing faster in terms of employee growth. A Tonkean ProcurementWorks competitor and alternative.
    Read more
  • Logo of PRM360
    PRM360
    Better suited for businesses of all sizes. Has garnered more positive user reviews, highlighting its ease of use, customizability, and effective procurement automation. PRM360 has significantly more momentum in terms of employee growth. However, some users mention the need for UI/UX improvements and the cost for additional features.
    Read more
  • Logo of SAP Concur
    SAP Concur
    Better for travel and expense management. A broader range of integrations is available. More established, with potentially wider adoption.
    Read more
  • Logo of DASH AP Robot™
    DASH AP Robot™
    Better for smaller companies focused on automating accounts payable. A Tonkean ProcurementWorks alternative geared towards manufacturing and distribution.
    Read more

Tonkean ProcurementWorks FAQ

  • What is Tonkean ProcurementWorks and what does Tonkean ProcurementWorks do?

    Tonkean ProcurementWorks streamlines purchasing for large companies. It uses AI to automate purchase requests, supplier onboarding, and invoice management. This simplifies employee purchases and speeds up processing for procurement teams. It integrates with tools like Coupa and SAP Ariba.

  • How does Tonkean ProcurementWorks integrate with other tools?

    Tonkean ProcurementWorks integrates with existing procurement tools, including Coupa and SAP Ariba. This allows companies to connect ProcurementWorks with their current systems for a more streamlined and efficient purchasing process.

  • What the main competitors of Tonkean ProcurementWorks?

    Top alternatives to Tonkean ProcurementWorks include Fairmarkit, PRM360, and Xelix. These competitors offer similar procurement automation and optimization solutions for businesses seeking streamlined purchasing processes.

  • Is Tonkean ProcurementWorks legit?

    Yes, Tonkean ProcurementWorks is a legitimate software solution designed to streamline procurement processes for large companies. It leverages AI to automate tasks, integrates with existing tools, and offers a user-friendly interface.

  • How much does Tonkean ProcurementWorks cost?

    I couldn't find pricing details for Tonkean ProcurementWorks. Contact Tonkean directly to discuss pricing and determine if ProcurementWorks is a worthwhile investment for your procurement needs.

  • Is Tonkean ProcurementWorks customer service good?

    Customer reviews highlight Tonkean ProcurementWorks' support team as responsive and helpful, particularly Talia. While the platform may occasionally lag, the support team addresses these issues promptly.

Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.